NOT LISTED FOR SALE

8808 Pleasure Ave Sea Isle City, NJ 08243

Estimated Value: $2,236,840 - $2,731,000

-- Bed
-- Bath
3,690 Sq Ft
$668/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $1,075,000 $291 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $14,118/month

19 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Furnished
  • Ocean City Primary School Rated A
  • Deck
  • Fenced Yard

About This Home

As of January 2017

Please Note: A little history on This Duplex it was the first Summer home for Taylor Swift family. Also: Rental History in Associated Docs Flood insurance currently at $961 a year. Seller will be participating in a 1031 Tax Deferred Exchange. Flood Elevation in Associated Docs and insurance dec page

Last Agent to Sell the Property

SUSAN GIORDANO

LONG & FOSTER REAL ESTATE, INC sic Listed on: 10/17/2016

LONG & FOSTER REAL ESTATE, INC sic

Last Buyer's Agent

Kelly Blum

RE/MAX PREFERRED SEA ISLE

RE/MAX PREFERRED SEA ISLE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,395

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 40x107
  • Building is beachfront but unit may not have water views
  • Fenced Yard

Home Design

  • Duplex

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Stone Driveway
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 89.02 / 50&51

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,395

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Beach Block, Water View
  • District Township: 09-Sea Isle City
  • Near: Beach
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1975
  • New Construction: No
  • Second Address Number: 8808
  • Lot Size2: 40X107
  • Selling Agent1: 1923
  • Selling Office1: 208
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Dining Area, Storage Space

Exterior Features

  • Outside Features: Deck, Fenced Yard, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking: Assigned Parking, Stone Driveway, Shared Driveway

Utilities

  • Separate Meter: Cable TV, Electric, Gas, Sewer, Water
  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City
  • Cable Available: Income Expense Info

Lot Info

  • Lot Number: 89.02
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6395

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Jan 6, 2017
Sold by
Smolenak Jeffrey and Smolenak Christine
Bought by
Dejoseph Justin
Seller's Agent
SUSAN GIORDANO
LONG & FOSTER REAL ESTATE, INC sic
Buyer's Agent
Kelly Blum
RE/MAX PREFERRED SEA ISLE
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%
Current Estimated Value
$2,465,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,390,710
Avg. Annual Appreciation
10.09%
Original Mortgage
$860,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2014
Sold by
Smolenak John and Smolenak Eileen
Bought by
Smolenak Jeffrey and Smolenak Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1997
Sold by
Swift Scott
Bought by
Smolenak John and Smolenak Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
8.09%

Purchase Details

Closed on
Mar 5, 1993
Sold by
Ternosky Penelope
Bought by
Swift Scott K and Swift Andrea F

Purchase Details

Closed on
Nov 1, 1989
Sold by
Ternosky Michael and Ternosky Penelope
Bought by
Ternosky Penelope
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
Dejoseph Justin $1,075,000 None Available
Smolenak Jeffrey $130,372 Fidelity Natl Title Ins Co
Smolenak John $361,900 --
Swift Scott K $290,000 --
Ternosky Penelope -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejoseph Justin $808,000
Closed Dejoseph Justin $860,000
Previous Owner Smolenak Jeffrey $417,000
Previous Owner Smolenak John $390,000
Previous Owner Smolenak John $262,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $1,075,000 -10.4% $291 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $1,200,000 -- $325 / 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 $8,507 $951,600 $744,800 $206,800
2024 $8,507 $951,600 $744,800 $206,800
2023 $8,108 $951,600 $744,800 $206,800
2022 $7,622 $951,600 $744,800 $206,800
2021 $7,270 $951,600 $744,800 $206,800
2020 $6,985 $951,600 $744,800 $206,800
2019 $6,832 $951,600 $744,800 $206,800
2018 $6,756 $951,600 $744,800 $206,800
2017 $6,614 $951,600 $744,800 $206,800
2016 $6,395 $951,600 $744,800 $206,800
2015 $6,715 $1,140,000 $928,200 $211,800
2014 $6,658 $1,140,000 $928,200 $211,800
Source: Public Records

Agents Affiliated with this Home

  • SUSAN GIORDANO

    Seller's Agent in 2017

    SUSAN GIORDANO

    LONG & FOSTER REAL ESTATE, INC sic

    (609) 602-2684

    120 in this area

    136 Total Sales

    SUSAN GIORDANO
    Section Image

  • K

    Buyer's Agent in 2017

    Kelly Blum

    RE/MAX PREFERRED SEA ISLE

    (609) 665-5866

    6 in this area

    14 Total Sales

    Kelly Blum
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172952

Cape May County Association of REALTORS®

APN: 09-00089-02-00050

New Jersey Cape May County Sea Isle City 08243

8808 Pleasure Ave, Sea Isle City, NJ

This home is located at 8808 Pleasure Ave, Sea Isle City, NJ 08243 since 17 October 2016 and is currently estimated at $2,465,710, approximately $668 per square foot. This property was built in 1975. 8808 Pleasure Ave is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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