NOT LISTED FOR SALE

Estimated Value: $781,000 - $1,063,000

-- Bed
-- Bath
-- Sq Ft
3,223 Sq Ft Lot

Last Sold April 29, 2015

Last sale price $382,500

Est. 133% increase in value since last sale

Current estimated payment $5,452/month

30 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Eat-In Kitchen
  • Island Location
  • Enclosed patio or porch
  • Living Room

About This Home

As of April 2015

To Settle Estate; Priced Accordingly. Superb Southern Crest Location. Two spacious units! First floor 3BR/1.5BA ; Second 3BR/1BA. Both have full appliance package! Use one; rent one. Short walk to Award Winning Beach.

Last Listed By

James Scott, CRS, ABR

LONG & FOSTER REAL ESTATE, INC sh Listed on: 02/28/2015

LONG & FOSTER REAL ESTATE, INC sh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,390

Year Built

  • 1974

Lot Details

  • 3,223

Home Design

  • Duplex

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Laundry Room
  • Crawl Space
  • Eat-In Kitchen

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Enclosed patio or porch
  • Outdoor Storage

Location

  • Island Location

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,390

Year Built

1974

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds, Rugs, Partial Furniture
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1974

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Exterior Features

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

Garage/Parking

  • Parking: Parking Pad, 2 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 2
  • Lot Size: 40 X 80
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 4390
  • Assessor Parcel Number: 15001450000000020000

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2015
Closed on
Apr 29, 2015
Sold by
Mclaughlin Robert S
Bought by
Binis Barbara R and Mcfarland Kelly C
Seller's Agent
James Scott, CRS, ABR
LONG & FOSTER REAL ESTATE, INC sh
List Price
$419,900
Sold Price
$382,500
Premium/Discount to List
-$37,400
-8.91%
Total Days on Market
30
Current Estimated Value
$890,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,748
Avg. Annual Appreciation
8.11%
Original Mortgage
$292,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1976
Bought by
Mclaughlin R @ and J Mc Laughlin D @
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
Binis Barbara R $382,500 Surety Title
Mclaughlin R @ -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarland Kelly $450,000
Closed Binis Barbara R $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $382,500 -8.9% --
03/30/2015 03/30/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $419,900 -- --
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
2024 $5,447 $381,700 $288,000 $93,700
2023 $5,367 $381,700 $288,000 $93,700
2022 $5,214 $381,700 $288,000 $93,700
2021 $5,061 $381,700 $288,000 $93,700
2020 $4,920 $381,700 $288,000 $93,700
2019 $4,882 $381,700 $288,000 $93,700
2018 $4,802 $381,700 $288,000 $93,700
2017 $4,706 $381,700 $288,000 $93,700
2016 $4,558 $381,700 $288,000 $93,700
2015 $4,489 $381,700 $288,000 $93,700
2014 -- $381,700 $288,000 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162592

Cape May County Association of REALTORS®

APN: 15-00145-0000-00002