NOT LISTED FOR SALE

Estimated Value: $603,000 - $810,000

2 Beds
1 Bath
1,076 Sq Ft
$667/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $452,381 $420 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,752/month

6 Days on Market

Highlights

  • Docks
  • Island Location
  • Cottage
  • Boat Slip
  • Deck
  • Central Air

About This Home

As of June 2020

Easy to show, call appointment line for an appointment.

Last Agent to Sell the Property

Annie Mullock

Tim Kerr Sotheby's International Realty Listed on: 06/05/2020

Co-Listed By

Janice Conwell

HOMESTEAD REAL ESTATE CO. INC.

Last Buyer's Agent

Micah Yerk

deSatnick Real Estate LLC - Lower Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,040

Year Built

  • Built in 1963

Lot Details

  • 3,920

Parking

  • 4 Car Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • Partially Furnished
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck

Location

  • Island Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 27 / 105

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,040

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 13-W. Wildwood
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1963
  • New Construction: No
  • Second Address Number: 703
  • Listing Office2: 44
  • Lot Size2: 4036 sq ft
  • Price per Sq Ft: 420.43
  • Selling Agent1: 3606
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas, Wine Cooler
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1076

Exterior Features

  • Construction: Cottage
  • Exterior: Vinyl
  • Outside Features: Deck, Dock, Bulkhead, Sidewalks, Boat Slips

Garage/Parking

  • Parking Garage: 4 car parking

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 27
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 7039.63
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 22, 2020
Sold by
Basca Thomas J and Basca Emily
Bought by
Bailey Jason M and Bailey Bridget
Seller's Agent
Annie Mullock
Tim Kerr Sotheby's International Realty
Buyer's Agent
Micah Yerk
deSatnick Real Estate LLC - Lower Township
List Price
$450,000
Sold Price
$452,381
Premium/Discount to List
$2,381
0.53%
Current Estimated Value
$753,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,646
Avg. Annual Appreciation
10.69%
Original Mortgage
$362,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2000
Sold by
Dewald Nicholas B
Bought by
Basca Thomas J and Basca Emily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.26%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Wolk William
Bought by
Dewald Nicholas and Dewald Mary
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bailey Jason M $452,381 None Available
Basca Thomas J $150,000 --
Dewald Nicholas $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Jason M $361,500
Closed Bailey Jason M $362,000
Previous Owner Basca Thomas J $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $452,381 +0.5% $420 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $450,000 -- $418 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,552 $385,100 $275,000 $110,100
2024 $7,552 $385,100 $275,000 $110,100
2023 $7,305 $385,100 $275,000 $110,100
2022 $6,982 $385,100 $275,000 $110,100
2021 $7,017 $385,100 $275,000 $110,100
2020 $6,901 $385,100 $275,000 $110,100
2019 $7,040 $385,100 $275,000 $110,100
2018 $6,963 $385,100 $275,000 $110,100
2017 $6,978 $385,100 $275,000 $110,100
2016 $7,329 $513,600 $450,000 $63,600
2015 $7,344 $513,600 $450,000 $63,600
2014 $6,980 $513,600 $450,000 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201861

Cape May County Association of REALTORS®

APN: 13-00105-0000-00027