NOT LISTED FOR SALE

1 Oreo Way Cape May, NJ 08204

Estimated Value: $1,220,672 - $1,782,000

1 Acre
$1,491,168 Price per Acre
43,560 Sq Ft Lot

Last Sold September 02, 2016

Last sale price $120,000

Est. 1,143% increase in value since last sale

Current estimated payment $8,875/month

166 Days on Market

Highlights

  • Island Location
  • Corner Lot
  • Cul-De-Sac

About This Lot

As of September 2016

Build a home tailored to fit your needs on this one acre lot, south of the canal, in an exclusive cul-de- sac neighborhood with a lovely home just built next door. Close to the town of Cape May and our beautiful white sand beaches. Stunning Sunset Beach and nightly sunset views are just minutes away and yours for the taking. Shopping, Restaurants, Art Galleries, Golf Courses and more all within a few minutes' car or bike ride. Need a builder? Just ask and see what your next dream home could look like. The neighboring beautiful green home built in 2015 is 2565 sq. feet with a full basement too. This area is well and septic.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 02/19/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,478

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Corner Lot

Location

  • Island Location

Listing and Financial Details

  • Legal Lot and Block 18.06 / 753.01

Property Details

Property Type

Land

Est. Annual Taxes

$2,478

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Corner, Cul-de-sac, Island
  • District Township: 05-Lower Township
  • Near: canal
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 191

Lot Info

  • Lot Number: 18.06
  • Lot Size: 1 Acre
  • Zoning: R
  • Lot Size Range: 1+ Acre to 5 Acres
  • Improvements: Paved Road
  • Number Of Acres: 1
  • Zoning: Residential

Tax Info

  • Taxes: 2478.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Sep 2, 2016
Sold by
Lizzi Christopher
Bought by
Wayman Bernard R and Wayman Georgeanne
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Current Estimated Value
$1,491,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,371,168
Avg. Annual Appreciation
31.82%

Purchase Details

Closed on
May 20, 2011
Sold by
Sachar Jonathan and Whissell Gregory
Bought by
Almadani Omer
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wayman Bernard R $120,000 Ctl Title Insurance Agency
Almadani Omer $100,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $120,000 -20.0% --
08/03/2016 08/03/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $150,000 -- --
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 $11,629 $573,400 $152,500 $420,900
2024 $11,629 $573,400 $152,500 $420,900
2023 $11,462 $573,400 $152,500 $420,900
2022 $11,112 $573,400 $152,500 $420,900
2021 $10,780 $573,400 $152,500 $420,900
2020 $10,608 $573,400 $152,500 $420,900
2019 $2,751 $152,500 $152,500 $0
2018 $2,686 $152,500 $152,500 $0
2017 $2,689 $152,500 $152,500 $0
2016 $2,647 $152,500 $152,500 $0
2015 $2,562 $152,500 $152,500 $0
2014 $2,478 $152,500 $152,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Menz

    Seller's Agent in 2016

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    105 in this area

    269 Total Sales

    Carol Menz
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 168604

Cape May County Association of REALTORS®

APN: 05-00753-01-00018-06

New Jersey Cape May County Cape May 08204

1 Oreo Way, Cape May, NJ

This home is located at 1 Oreo Way, Cape May, NJ 08204 since 19 February 2016 and is currently estimated at $1,491,168. 1 Oreo Way is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams 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.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Nearby Homes