NOT LISTED FOR SALE

Estimated Value: $818,000 - $962,000

5 Beds
2 Baths
1,680 Sq Ft
$520/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $390,000 $232 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,049/month

203 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Island Location
  • Furnished
  • Eat-In Kitchen

About This Home

As of October 2017

AGENTS: Repeat seasonal tenants are in place for the 2017 season. 1st fl., 3 BR rents at $10,500 plus they pay cable. 2nd fl., 2 BR rents at $7,500 again they pay their cable. Owner is also in the process of having the pealing paint on the step to upstairs addressed.

Last Agent to Sell the Property

Norman Bernard

SAYLOR POINT REALTY GROUP License #0340507 Listed on: 02/13/2017

Last Buyer's Agent

Debbie Greto

KELLER WILLIAMS REAL ESTATE - MEDIA License #1327517

KELLER WILLIAMS REAL ESTATE - MEDIA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,666

Year Built

  • Built in 1955

Lot Details

  • 0.92

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Lot Dimensions are 40x104
  • Island Location

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 3 / 124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,666

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Near: Beach/Bay
  • Also Includes: Drapes, Curtains, Shades, Rugs, Furniture
  • Estimated Year Built: 1955
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 40x104
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Total Sq Ft: 1680
  • Other Rooms: Living Room, Eat In Kitchen

Exterior Features

  • Outside Features: Deck, Enclosed/Cov. Patio, Porch, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking: 3 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Ceiling Fan, Other
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 4666
  • Tax Year: current

Multi Family

  • Number Of Units: 2
  • Total Rent: 18000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Oct 30, 2017
Sold by
Hughes Eileen
Bought by
Nonemaker David and Nonemaker Ulita
Seller's Agent
Norman Bernard
SAYLOR POINT REALTY GROUP
Buyer's Agent
Debbie Greto
KELLER WILLIAMS REAL ESTATE - MEDIA
List Price
$449,000
Sold Price
$390,000
Premium/Discount to List
-$59,000
-13.14%
Current Estimated Value
$874,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,046
Avg. Annual Appreciation
10.63%
Original Mortgage
$292,500
Outstanding Balance
$244,971
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$629,075

Purchase Details

Closed on
Nov 28, 2016
Sold by
Hughes Edward
Bought by
Hughes Eileen

Purchase Details

Closed on
Jan 15, 1999
Sold by
Baratta Christa
Bought by
Hughes Edward and Hughes Eileen
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
Nonemaker David $390,000 None Available
Hughes Eileen -- None Available
Hughes Edward $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nonemaker David $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $390,000 -13.1% $232 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $449,000 -- $267 / 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 $5,577 $390,800 $311,000 $79,800
2024 $5,577 $390,800 $311,000 $79,800
2023 $5,495 $390,800 $311,000 $79,800
2022 $5,338 $390,800 $311,000 $79,800
2021 $5,182 $390,800 $311,000 $79,800
2020 $5,037 $390,800 $311,000 $79,800
2019 $4,998 $390,800 $311,000 $79,800
2018 $4,916 $390,800 $311,000 $79,800
2017 $4,819 $390,800 $311,000 $79,800
2016 $4,666 $390,800 $311,000 $79,800
2015 $4,596 $390,800 $311,000 $79,800
2014 $4,494 $390,800 $311,000 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174607

Cape May County Association of REALTORS®

APN: 15-00124-0000-00003