NOT LISTED FOR SALE

Estimated Value: $488,000 - $574,000

3 Beds
1 Bath
1,150 Sq Ft
$272/mo HOA Fee

Last Sold June 30, 2020

Last sale price $247,500 $215 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,382/month

37 Days on Market

Highlights

  • Property near a bay
  • Corner Lot
  • Eat-In Kitchen
  • Island Location
  • Furnished
  • Living Room

About This Home

As of June 2020

VACANT, easy to show on a lockbox.

Last Agent to Sell the Property

Jessica Lees

LEES REAL ESTATE License #9803301 Listed on: 04/26/2020

Last Buyer's Agent

Marguerite Byron-Alosi

HOFFMAN AGENCY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,600

Lot Details

  • 7,013

HOA Fees

  • $272 Monthly HOA Fees

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Property near a bay
  • Island Location

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 11 / 101

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,600

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island
  • District Township: 15-Wildwood Crest
  • Near: Sunset Lake & Beach
  • Also Includes: Curtains, Blinds, Furniture
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 7201
  • Price per Sq Ft: 215.22
  • Selling Agent1: 2041
  • Selling Office1: 42
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1150
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 6
  • Common Area Features: Deck/Porch, Cable TV
  • Condo Fees: $272/mo
  • Unit Features: Wall To Wall Carpet
  • Unit Location: Top Floor, Corner

Lot Info

  • Lot Number: 11
  • Zoning: R-2

Tax Info

  • Taxes: 2600.21
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2020
Closed on
Jun 25, 2020
Sold by
Corsi Jerry
Bought by
Smith David K and Smith Suzanne M
Seller's Agent
Jessica Lees
LEES REAL ESTATE
Buyer's Agent
Marguerite Byron-Alosi
HOFFMAN AGENCY
List Price
$249,900
Sold Price
$247,500
Premium/Discount to List
-$2,400
-0.96%
Current Estimated Value
$527,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,735
Avg. Annual Appreciation
15.78%
Original Mortgage
$198,000
Outstanding Balance
$175,964
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$351,271

Purchase Details

Closed on
Jun 4, 2007
Sold by
Corsi Jerry and Corsi Dominique
Bought by
Cors Jerry

Purchase Details

Closed on
Aug 20, 1988
Sold by
Mostel Court Assoc Inc
Bought by
Corsi Jerry and Corsi Dominique
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
Smith David K $247,500 None Available
Cors Jerry -- None Available
Corsi Jerry $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith David K $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $247,500 -1.0% $215 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $249,900 -- $217 / 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 $2,901 $203,300 $110,000 $93,300
2024 $2,901 $203,300 $110,000 $93,300
2023 $2,858 $203,300 $110,000 $93,300
2022 $2,777 $203,300 $110,000 $93,300
2021 $2,696 $203,300 $110,000 $93,300
2020 $2,621 $203,300 $110,000 $93,300
2019 $2,600 $203,300 $110,000 $93,300
2018 $2,558 $203,300 $110,000 $93,300
2017 $2,507 $203,300 $110,000 $93,300
2016 $2,427 $203,300 $110,000 $93,300
2015 $2,391 $203,300 $110,000 $93,300
2014 $2,338 $203,300 $110,000 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201385

Cape May County Association of REALTORS®

APN: 15-00101-0000-00011-0000-C0006