NOT LISTED FOR SALE

Estimated Value: $823,000 - $900,000

4 Beds
2 Baths
1,483 Sq Ft
$580/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $430,000 $290 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,958/month

119 Days on Market

Highlights

  • Property near a bay
  • Ranch Style House
  • Furnished
  • Island Location
  • Wood Flooring
  • Great Room

About This Home

As of October 2016

Situated on a 50 x 80 lot in the quiet residential southern end of Wildwood Crest is this well maintained single family ranch style home. This 4 bedroom, 2 bath home has seashore charm including the original hardwood floors and a wood fireplace, yet is pleasantly complimented by modern amenities including updated eat in kitchen, renovated bath, and the addition of a master bedroom suite that allows the convenience of a second living area. Exterior amenities include paver front porch that is perfect for enjoying the summer breeze, fenced in yard, rear garden court yard with grill area, outside shower, and storage garage for all your beach gear. Coming completely furnished and equipped. Advanced appointment requested, but may not be required.

Last Agent to Sell the Property

Jeanine Cabrera

Cabrera Coastal Real Estate Listed on: 05/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 1962

Lot Details

  • Fenced Yard
  • Property is zoned R-2

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,483 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Blinds
  • Great Room
  • Living Room
  • Storage
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Location

  • Island Location

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 151

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,522

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Near: Beach, Community Pool
  • Also Includes: Blinds, Fireplace Equipment, Furniture
  • Estimated Year Built: 1962
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Storage, Fireplace- Wood
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1483
  • Other Rooms: Living Room, Eat-In-Kitchen, Great Room, 1st Floor Master Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: White
  • Outside Features: Porch, Grill, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 1 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Baseboard
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 2
  • Lot Size: 50 x 80
  • Zoning: R-2
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 4522.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Oct 14, 2016
Sold by
Oconnell Francis J and Oconnell Shelley R
Bought by
Mcdermott George and Mcdermott Judith
Seller's Agent
Jeanine Cabrera
Cabrera Coastal Real Estate
List Price
$459,900
Sold Price
$430,000
Premium/Discount to List
-$29,900
-6.5%
Current Estimated Value
$859,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,861
Avg. Annual Appreciation
7.97%
Original Mortgage
$344,000
Outstanding Balance
$276,130
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$583,731

Purchase Details

Closed on
Nov 14, 2003
Sold by
Nordo Richard T
Bought by
O'Connell Francis J and O'Connell Shelley R

Purchase Details

Closed on
Mar 26, 1997
Sold by
Casiello Stephen J
Bought by
Nordo Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.5%
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
Mcdermott George $430,000 American Land Title
O'Connell Francis J $430,000 --
Nordo Richard T $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott George $344,000
Previous Owner Nordo Richard T $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $430,000 -6.5% $290 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $459,900 -- $310 / 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 $5,488 $384,600 $274,000 $110,600
2024 $5,488 $384,600 $274,000 $110,600
2023 $5,407 $384,600 $274,000 $110,600
2022 $5,254 $384,600 $274,000 $110,600
2021 $5,100 $384,600 $274,000 $110,600
2020 $4,957 $384,600 $274,000 $110,600
2019 $4,919 $384,600 $274,000 $110,600
2018 $4,838 $384,600 $274,000 $110,600
2017 $4,742 $384,600 $274,000 $110,600
2016 $4,592 $384,600 $274,000 $110,600
2015 $4,523 $384,600 $274,000 $110,600
2014 $4,423 $384,600 $274,000 $110,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170343

Cape May County Association of REALTORS®

APN: 15-00151-0000-00002-02