NOT LISTED FOR SALE

Estimated Value: $1,144,633 - $1,406,000

4 Beds
2 Baths
2,204 Sq Ft
$563/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $525,000 $238 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $7,181/month

47 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Furnished
  • Eat-In Kitchen
  • Deck
  • Great Room
  • Patio

About This Home

As of May 2020

2nd Floor vacant. 1st Floor unit occupied, shown by appointment only. 1st floor unit is occupied (month to month) by family friend who does not pay market rate rent.

Last Agent to Sell the Property

Laurie?? Schiffelbein

Tim Kerr Sotheby's International Realty Listed on: 01/18/2020

Co-Listed By

Carole Pantalone

HOFFMAN AGENCY

Last Buyer's Agent

Joan Morey

LONG & FOSTER REAL ESTATE, INC nww License #0562135

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,073

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 40 x 90
  • Property Fronts a Bay or Harbor

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 17 / 108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,073

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Bay Front, Water Front, Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Shades, Blinds, Furniture, Other (See Remarks)
  • Estimated Year Built: 1955
  • New Construction: No
  • Listing Office2: 42
  • Lot Size2: 40 x 90
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Total Bathrooms: 2
  • Basement: Slab
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Pantry, Great Room, Storage Space

Exterior Features

  • Outside Features: Patio, Deck, Sidewalks, Other (See Remarks), Waterview

Garage/Parking

  • Parking: 3 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 17
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 7072.87

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2005
Sold by
Cardella Matthew J and Cardella Shirley M
Bought by
Cardella Shirley M
Current Estimated Value
$1,240,158

Purchase Details

Closed on
Oct 8, 2004
Sold by
Cardella Mathew J and Cardella Shirley M
Bought by
Cardella Mathew J and Cardella Shirley M

Purchase Details

Closed on
Oct 22, 1991
Sold by
Cardella Mathew J and Cardella Shirley M
Bought by
Cardella Mathew J and Cardella Shirley M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cardella Shirley M -- --
Speicher Sandra Lee -- --
Cardella Mathew J -- --
Cardella Mathew J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2020 05/21/20 Sold $525,000 -6.1% $238 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $559,000 -- $254 / 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 $7,891 $553,000 $416,000 $137,000
2024 $7,891 $553,000 $416,000 $137,000
2023 $7,775 $553,000 $416,000 $137,000
2022 $7,554 $553,000 $416,000 $137,000
2021 $7,333 $553,000 $416,000 $137,000
2020 $7,128 $553,000 $416,000 $137,000
2019 $7,073 $553,000 $416,000 $137,000
2018 $6,957 $553,000 $416,000 $137,000
2017 $6,818 $553,000 $416,000 $137,000
2016 $6,603 $553,000 $416,000 $137,000
2015 $6,503 $553,000 $416,000 $137,000
2014 $6,360 $553,000 $416,000 $137,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200242

Cape May County Association of REALTORS®

APN: 15 00108-0000-00017- 01