Property taxes for Snoopy living in Oahu, Hawaii may be expensive but that’s not a problem Sea Isle City property owners have to worry about. Out of the 16 municipalities in Cape May County, Sea Isle City ranks 4th in line below Cape May Point, Avalon and Stone Harbor being the lowest in the county. The current tax rate for 2016 is .672 per $100 of assessed value. A house assessed at $750,000 has a property tax of $5,000. Most home buyers are pleasantly surprised at this fact. Another good reason to choose to buy in Sea Isle City is that the City works very hard at keeping its flood insurance rating with F.E.M.A. above average. This keeps flood insurance rates low, averaging $400-600 per year depending on location and building elevation. If your foundation has the appropriate amount of flood vents, you will enjoy a significant savings. I recently bought a home where the flood insurance was almost $1,700 a year. The owner put in flood vents as part of its renovation and I pay under $500.00. Between low taxes and unusually low flood insurance, buying in Sea Isle City makes that a smart move. Also, I am always surprised how quickly homes sell here. If a home is properly maintained, staged well and priced accurately, it sells. Sea Isle City is a home run when it comes to deciding where to buy a second home, vacation property or an investment property.
About LuAnn Mashura
Ocean View Realty is an independently owned real estate agency. We are a group of skilled professionals who achieve success by making the customer happy, rather than by having an aggressive selling agenda. Our mission and purpose is to customize our programs to better meet the needs of our clients. It is our top priority that customers know that they are receiving the best possible attention and focus.
We specialize in new construction sales and understand the complexities of buying a home in the process of being built. Our experience in property re-development broadens our knowledge so we can confidently give our customers sound advice and competent service in every kind of real estate transaction.
LuAnn is the broker and owner of Ocean View Realty as well as a local resident.