NOT LISTED FOR SALE

1 Rabbit Run Cape May, NJ 08204

Estimated Value: $753,644

4 Beds
2 Baths
1,686 Sq Ft
$447/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $540,000 $320 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,401/month

24 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Great Room
  • Deck
  • Corner Lot
  • Screened Porch

About This Home

As of January 2022

This home is located at 1 Rabbit Run, Cape May, NJ 08204 since 12 November 2021 and is currently estimated at $753,644, approximately $447 per square foot. This property was built in 1982. 1 Rabbit Run 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.

Last Agent to Sell the Property

Kate Weber

JERSEY CAPE REALTY License #1429962 Listed on: 11/12/2021

Last Buyer's Agent

Joseph Ferzoco

KELLER WILLIAMS REALTY JERSEY SHORE wc

KELLER WILLIAMS REALTY JERSEY SHORE wc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1982

Lot Details

  • Cul-De-Sac
  • Fenced Yard
  • Corner Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,686 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 15.01 / 498

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,632

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Cul-de-sac, Mainland, Wooded Lot
  • District Township: 05-Lower Township
  • Near: Delaware Bay & CM Ferry
  • Estimated Year Built: 1982
  • New Construction: No
  • Second Address Number: 1
  • Lot Size2: 1.11 acres
  • Price per Sq Ft: 320.28
  • Selling Agent1: 3015
  • Selling Office1: 808
  • OFFICELIST_STATE: NJ
  • Street Designation: Run
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1982

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Walk in Closet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1686
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Great Room, Storage Attic, Laundry Closet

Exterior Features

  • Construction: Two Story, Cape Cod
  • Outside Features: Patio, Deck, Porch, Screened Porch, Fenced Yard

Garage/Parking

  • Parking Garage: Garage, Attached, Black Top Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: Septic
  • Water: City

Lot Info

  • Lot Number: 15.01
  • Lot Size: 1/4 to 1 Acre

Tax Info

  • Taxes: 4631.85
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 14, 2022
Sold by
Gartner Jr Jack A
Bought by
Smith Colin Brian and Smith Casey Lynne
Seller's Agent
Kate Weber
JERSEY CAPE REALTY
Buyer's Agent
Joseph Ferzoco
KELLER WILLIAMS REALTY JERSEY SHORE wc
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$753,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,644
Avg. Annual Appreciation
9.30%
Original Mortgage
$540,000
Outstanding Balance
$498,389
Interest Rate
3.22%
Mortgage Type
VA
Estimated Equity
$255,255

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 4, 2021
Sold by
Chambers Linda and Chambers Joseph E
Bought by
Gartner Jack A
Seller's Agent
Stephanie Coffey
COASTLINE REALTY, LLC
Buyer's Agent
Kate Weber
JERSEY CAPE REALTY
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.09%
Original Mortgage
$425,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Hoskins Robert
Bought by
Chambers Linda and Chambers Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,150
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Colin Brian $540,000 Deweese David S
Gartner Jack A $385,000 Misc Company
Gartner Jack A $385,000 Shore Title
Chambers Linda $170,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Colin Brian $540,000
Previous Owner Gartner Jack A $425,000
Previous Owner Chambers Linda $156,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2022 01/14/22 Sold $540,000 -5.1% $320 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $569,000 +47.8% $337 / Sq Ft
08/04/2021 08/04/21 Sold $385,000 +2.7% $228 / Sq Ft View Prior Sale
05/27/2021 05/27/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $375,000 -- $222 / 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 -- $250,100 $112,200 $137,900
2024 -- $250,100 $112,200 $137,900
2023 $4,859 $250,100 $112,200 $137,900
2022 $4,859 $250,100 $112,200 $137,900
2021 $4,702 $250,100 $112,200 $137,900
2020 $4,632 $250,100 $112,200 $137,900
2019 $4,507 $250,100 $112,200 $137,900
2018 $4,402 $250,100 $112,200 $137,900
2017 $4,404 $250,100 $112,200 $137,900
2016 $4,344 $250,100 $112,200 $137,900
2015 $4,204 $250,100 $112,200 $137,900
2014 $4,067 $250,100 $112,200 $137,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214122

Cape May County Association of REALTORS®

APN: 05 00498-0000-00015- 01