NOT LISTED FOR SALE

9001 Pleasure Ave Sea Isle City, NJ 08243

Estimated Value: $4,979,039 - $8,306,000

6 Beds
4 Baths
5,884 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $3,999,000 $680 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $36,951/month

28 Days on Market

Highlights

  • Beach Front
  • Deck
  • Corner Lot
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 4-minute walk to Townsends Inlet Waterfront Park

About This Home

As of July 2020

Owner occupied. All showings must be scheduled in advance.

Last Agent to Sell the Property

Dustin Laricks

COMPASS RE - Sic Listed on: 04/20/2020

COMPASS RE - Sic

Last Buyer's Agent

Robert Boyle

FREDA REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,497

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 75x130
  • Beach Front
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,884 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4,5,6,7 / 91.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,497

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Corner
  • District Township: 09-Sea Isle City
  • Estimated Year Built: 2002
  • New Construction: No
  • Second Address Number: 9001
  • Lot Size2: 75x130
  • Price per Sq Ft: 679.64
  • Selling Agent1: 211
  • Selling Office1: 34
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Bar, Elevator, Fireplace- Gas, Wood Flooring, Security System, Skylight, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 4.2
  • Full Bathrooms: 4
  • Bedrooms: 6
  • Total Rooms: 19
  • Estimated Living Sq Ft: 5884
  • Other Rooms: Living Room, Dining Room, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Breakfast Nook, Pantry, Laundry/Utility Room, Library/Study, In-Law Quarters

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Grill, Fenced Yard, Cable TV, Sidewalks, Outside Shower, See Remarks

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, See Remarks

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 4,5,6,7
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 20496.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jul 14, 2020
Sold by
Mp 1 Lp
Bought by
Smith Michael J and Smith Elyse M
Seller's Agent
Dustin Laricks
COMPASS RE - Sic
Buyer's Agent
Robert Boyle
FREDA REAL ESTATE
List Price
$3,999,000
Sold Price
$3,999,000
Current Estimated Value
$6,403,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,404,760
Avg. Annual Appreciation
9.63%
Original Mortgage
$2,000,000
Outstanding Balance
$1,778,127
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,625,633

Purchase Details

Closed on
Jun 2, 2008
Sold by
Mp Mcnulty Llc
Bought by
Mp I Lp

Purchase Details

Closed on
Feb 14, 2001
Sold by
Chisholm John B
Bought by
Schlupp Ronald F and Schlupp Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.89%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Griffin Ralph L
Bought by
Mcnulty Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
7.61%

Purchase Details

Closed on
Feb 8, 1993
Sold by
Griffin Ralph L and Griffin Betty C
Bought by
Atlantic City Electric Company

Purchase Details

Closed on
Dec 11, 1989
Sold by
Griffin Betty
Bought by
Griffin Ralph
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
Smith Michael J $3,999,000 Misc Company
Mp I Lp -- None Available
Schlupp Ronald F $1,326,000 --
Mcnulty Michael P $1,375,000 --
Atlantic City Electric Company -- --
Griffin Ralph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael J $2,000,000
Previous Owner Mp 1 Lp $1,800,000
Previous Owner Mp I Lp $2,000,000
Previous Owner Schlupp Ronald F $400,000
Previous Owner Mcnulty Michael P $1,375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $3,999,000 0.0% $680 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $3,999,000 -- $680 / 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 $25,521 $2,854,700 $2,201,700 $653,000
2024 $25,521 $2,854,700 $2,201,700 $653,000
2023 $24,322 $2,854,700 $2,201,700 $653,000
2022 $22,866 $2,854,700 $2,201,700 $653,000
2021 $21,810 $2,854,700 $2,201,700 $653,000
2020 $20,954 $2,854,700 $2,201,700 $653,000
2019 $20,497 $2,854,700 $2,201,700 $653,000
2018 $20,268 $2,854,700 $2,201,700 $653,000
2017 $19,840 $2,854,700 $2,201,700 $653,000
2016 $19,184 $2,854,700 $2,201,700 $653,000
2015 $21,417 $3,636,100 $3,224,700 $411,400
2014 $21,235 $3,636,100 $3,224,700 $411,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201554

Cape May County Association of REALTORS®

APN: 09-00091-01-00004