NOT LISTED FOR SALE

8 Island View Terrace Ocean View, NJ 08230

Estimated Value: $552,724 - $828,000

4 Beds
2 Baths
2,028 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $360,000 $178 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,031/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Screened Porch
  • 4 Car Attached Garage
  • Wood Flooring
  • Den
  • Eat-In Kitchen

About This Home

As of August 2017

The 108 feet deep well is only two years new. There is an under house water treatment and filtration system with reverse osmosis. Accessible crawl space has crushed stone layer, vapor barrier and 2 sump pumps to insure dryness. Pull down attic stair gives access to floored attic. Newer Whirlpool Duet washer and gas dryer are complete with pedestals. Newer Bryant heat pump… high efficiency combined cycle gas for heating and electric for cooling. Asphalt roof over existing roof is approx. 12 years old and house has thermal break energy efficient windows. (Note that the large yard is only partially fenced. Patio furniture, umbrella, gas grill and garage freezer convey.) Do not let this one pass you by… call for your showing today!

Last Agent to Sell the Property

CHRISTINE TUMELTY

COMPASS RE - AV Dune Listed on: 05/04/2017

COMPASS RE - AV Dune

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1983

Lot Details

  • Interior Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,028 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Storage
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 562

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,106

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Mainland, See Remarks
  • District Township: 11-Upper Township
  • Near: Off Rt 9 S near Rt 50
  • Also Includes: Curtains, Shades
  • Estimated Year Built: 1983
  • New Construction: No
  • Second Address Number: 8
  • Lot Size2: .67 acres
  • Price per Sq Ft: 177.51
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Terrace
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2028
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Pantry, Laundry/Utility Room, Storage Attic, See Remarks, Laundry Closet

Exterior Features

  • Construction: Two Story, Colonial, See Remarks
  • Exterior: Vinyl
  • Outside Features: Patio, Screened Porch, Storage Building, Cable TV, Sidewalks, See Remarks, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Black Top Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Electric, Ceiling Fan
  • Heating: Gas Natural, Heat Pump, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 4
  • Lot Size: 1/4 to 1 Acre

Tax Info

  • Taxes: 4106
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 11, 2017
Sold by
Cummings William H and Cummings Andrea M
Bought by
Miller Duane F and Miller Megan V
Seller's Agent
CHRISTINE TUMELTY
COMPASS RE - AV Dune
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%
Current Estimated Value
$650,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,431
Avg. Annual Appreciation
6.03%
Original Mortgage
$288,000
Outstanding Balance
$162,030
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$416,577

Purchase Details

Closed on
Jul 15, 1983
Bought by
Cummings William and Cummings Andrea
Source: Public Records

Range of Values:

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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
Miller Duane F $360,000 None Available
Cummings William $93,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Duane F $288,000
Previous Owner Cummings William H $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $360,000 -2.4% $178 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $369,000 -- $182 / 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 $7,151 $311,600 $102,800 $208,800
2024 $7,151 $311,600 $102,800 $208,800
2023 $6,799 $311,600 $102,800 $208,800
2022 $6,572 $311,600 $102,800 $208,800
2021 $4,696 $311,600 $102,800 $208,800
2020 $5,798 $296,100 $102,800 $193,300
2019 $5,658 $296,100 $102,800 $193,300
2018 $5,513 $296,100 $102,800 $193,300
2017 $4,262 $231,500 $102,800 $128,700
2016 $4,107 $219,600 $102,800 $116,800
2015 $3,999 $219,600 $102,800 $116,800
2014 $4,970 $334,200 $193,500 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176104

Cape May County Association of REALTORS®

APN: 11-00562-0000-00004