NOT LISTED FOR SALE

1 Cormorant Way Cape May, NJ 08204

Estimated Value: $583,000 - $656,000

3 Beds
2 Baths
1,607 Sq Ft
$379/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $250,000 $156 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $3,649/month

65 Days on Market

Highlights

  • Contemporary Architecture
  • Screened Porch
  • Living Room
  • Cathedral Ceiling
  • Cul-De-Sac
  • Laundry Room

About This Home

As of July 2015

This property is situated on an over-sized lot in a desirable neighborhood, on a quiet cul-de-sac with wooded privacy behind. You will find lovely curb appeal with a pavered walkway leading up to a cozy covered front porch...The lovely rancher offers a comfortable master suite, plus 2 nice-sized bedrooms and a second full bath. It has an open floor plan with cathedral ceilings, leading into a spacious and sunny Florida room which can be used all-year round (it has heat and wall A/C unit). From the Florida room, enter into a large screened deck facing the woods behind. The owners have lovingly maintained the gardens which offer a paradise of perennials. There is a large laundry room leading into an attached one car garage. The home offers all stainless steel appliances, complete sprinkler irrigation system, and motion sensor lighting provided throughout the entire grounds. Florida room and screened porch add additional 300 sq ft to the home.

Last Agent to Sell the Property

Craig Needles

HOMESTEAD REAL ESTATE CO. INC. Listed on: 04/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,403

Year Built

  • Built in 2000

Lot Details

  • Cul-De-Sac
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,607 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 77 / 496

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,403

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cul-de-sac
  • District Township: 05-Lower Township
  • Near: Bayshore Road
  • Also Includes: Partial Furniture, Window Treatments
  • Estimated Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Smoke/Fire Alarm, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1607
  • Other Rooms: Living Room, Dining Area, Laundry/Utility Room, 1st Floor Master Bedroom

Exterior Features

  • Construction: Ranch, Contemporary
  • Exterior: Vinyl
  • House Color: white
  • Outside Features: Enclosed/Covered Patio, Screened Porch, Storage Building, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 77
  • Lot Size: 190x100IRR
  • Lot Size Range: 10000-20000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 4403.09
  • Assessor Parcel Number: 05004960029000770000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jul 20, 2015
Sold by
Payton Richard B and Payton Rose
Bought by
Crowley Michael J and Crowley Kerry
Seller's Agent
Craig Needles
HOMESTEAD REAL ESTATE CO. INC.
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$608,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,273
Avg. Annual Appreciation
9.03%
Original Mortgage
$110,000
Outstanding Balance
$86,219
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$522,054

Purchase Details

Closed on
Apr 29, 2002
Sold by
Mcgrath Thomas
Bought by
Payton Richard B and Payton Rose

Purchase Details

Closed on
Aug 11, 2000
Sold by
Farrell Ralph
Bought by
Mcgrath Thomas and Mcgrath Patricia
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
Crowley Michael J $250,000 Group 21 Title Agency
Payton Richard B $212,500 --
Mcgrath Thomas $131,350 --
Mcgrath Thomas $131,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowley Michael J $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $250,000 -7.4% $156 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $269,900 -- $168 / 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 $5,511 $272,300 $121,800 $150,500
2024 $5,511 $272,300 $121,800 $150,500
2023 $5,424 $272,300 $121,800 $150,500
2022 $5,264 $272,300 $121,800 $150,500
2021 $5,100 $272,300 $121,800 $150,500
2020 $5,016 $272,300 $121,800 $150,500
2019 $4,896 $272,300 $121,800 $150,500
2018 $4,784 $272,300 $121,800 $150,500
2017 $4,784 $272,300 $121,800 $150,500
2016 $4,719 $272,300 $121,800 $150,500
2015 $4,569 $272,300 $121,800 $150,500
2014 $4,403 $272,300 $121,800 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163513

Cape May County Association of REALTORS®

APN: 05-00496-29-00077