LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/15/2025 1:00 PM Current Working Values
SITE ADDRESS
1521 TROPIC TER
OWNER'S NAME
NICHOLSON GEORGE
OWNER'S ADDRESS
145 E HIGH ST
GLASSBORO NJ 08028
PROPERTY DESCRIPTION
TROPIC TERR COND BLDG 1500
OR 457 PG 466
APT 1521

DOR CODE 04 - CONDOMINIUM
NBHD CODE
71-106.1
CONDOMINIUM CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
UNIT TYPE I06 2/2
FLOOR 2
BEDROOMS 2;
BATHROOMS 2.0
BATHROOMS 2.0
EXTRA ROOMS 0 UNKNOWN
SQUARE FOOTAGE 953
ACTUAL YEAR BUILT 1964
EFFECTIVE YEAR BUILT 1968
BALCONY 5 ACRYLIC
LOCATION
FRONTAGE
VIEWS CANAL
RECREATION 2 CLUB HOUSE
3 COMMUNITY POOL
18 MOORING SLIP
QUALITY 0
CONDITION FACTOR 1
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
CONDO BASE 1968 953  
CONDO LANAI 1968 120  
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 1,073
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
 
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES
FOLIO ID: 10159965 STRAP: 09-44-24-24-01521.0000
CARD 1 of 1
CONDO COMPLEX 0944242000000 TROPIC TERRACE BLDG 10 - 15
UNIT IMP TYPE 10 CONDOMINIUM - LOW RISE - 1 TO 3 FLOORS
IMP TYPE 10 CONDOMINIUM - LOW RISE - 1 TO 3 FLOORS
FLOOR 2
Floor plan
BOOK/PAGE OR
INSTRUMENT
DATE TYPE
INST
OVR
CODE
V
I
SALE
PRICE
2022000193142 6/8/2022 19 19 I 124,900
2019000183238 7/31/2019 01 01 I 80,000
2013000050573 2/20/2013 01 01 I 51,500
3416/2948 5/15/2001 06 08 I 47,000
1240/1658 12/1/1977 06 06 I 26,000
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * *
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE * 135,470
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.