NOT LISTED FOR SALE

1008 Batts Ln Cape May, NJ 08204

Estimated Value: $815,000 - $1,045,000

5 Beds
2 Baths
1,984 Sq Ft
$477/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $370,000 $186 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $5,565/month

133 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Island Location
  • Wood Flooring
  • Loft

About This Home

As of August 2015

Here is your chance to enjoy it all - Cape Island living in a rural setting in this fabulous rustic farm house on over an acre of land. Enjoy privacy and ample space while still having the option to jump on your bike and ride to town and the beautiful Cape May beaches! This expanded farm home has been lovingly cared for and improved to offer the comforts a discerning buyer expects. You'll be met by one of two front porches and enter to find rich, hardwood flooring throughout the original living space. The kitchen has been updated with granite countertops and center island seating and opens to an ample dining room space for accommodating all of your guests. The first floor also boasts a large living room with stone faced gas fireplace and plenty of windows for a bright, airy room. Double doors lead to the sunroom, filled with windows and a gas fireplace to extend the days where you sit, relax and enjoy overlooking the immense rear yard and the nature it offers. Don't forget about the quintessential master suite that rests on the first level with it's own laundry and well sized bathroom. Classic staircase leads to second floor with additional master bedroom and hall bathroom. Beyond the landing you'll be met with an incredible room currently being used as a "Peter Pan-esque" children's living room with cathedral ceilings and three additional bedrooms off of the common area, two on the second level and a spiral staircase ascending to the third bedroom. Also on of the second level is a very large deck overlooking the partially cleared rear yard and with a separate staircase to the exterior ground level. But wait...there's more! Exterior features include blacktop half circle driveway, detached garage, and an in-ground Gunite pool to top off your summer fun. Gas heat, central air conditioning, whimsical rustic living with modern comfort, and a great island location at the right price. Call now to schedule your private showing! ---New Septic System will be installed prior to settlement---

Last Agent to Sell the Property

Micah Yerk

deSatnick Real Estate LLC - Lower Township Listed on: 03/18/2015

Co-Listed By

Kenneth "Ken" Germann

deSatnick Real Estate LLC - Lower Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,094

Lot Details

  • 1.08

Parking

  • Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Loft
  • Sun or Florida Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 751 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,094

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 05-Lower Township
  • Also Includes: Window Treatments
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 11
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Loft, Florida Room, Storage Attic, 1st Floor Master Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Outside Features: Patio, Porch, Storage Building, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, Detached

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 751
  • Lot Size: 1.077 AC
  • Lot Size Range: 1-5 Acres

Tax Info

  • Tax Database Id: 1
  • Taxes: > 5094.38
  • Assessor Parcel Number: 05007510000000030001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Aug 27, 2015
Sold by
Pennington Steven R and Pennington Deborah C
Bought by
Cottrell Joseph K and Phillips Cottrell Michelle
Seller's Agent
Micah Yerk
deSatnick Real Estate LLC - Lower Township
List Price
$419,000
Sold Price
$370,000
Premium/Discount to List
-$49,000
-11.69%
Current Estimated Value
$946,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,497
Avg. Annual Appreciation
9.71%
Original Mortgage
$368,207
Outstanding Balance
$290,186
Interest Rate
4.01%
Mortgage Type
FHA
Estimated Equity
$656,311

Purchase Details

Closed on
Jan 5, 2004
Sold by
Rangen Curtis W
Bought by
Pennington Steven R and Pennington Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1998
Sold by
Estate Of Charles R Clark
Bought by
Rangen Curtis and Rangen Diane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.65%
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
Cottrell Joseph K $375,000 Mutual Title Agency
Pennington Steven R $395,000 --
Pennington Steven R $395,000 The Title Company Of Jersey
Rangen Curtis $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cottrell Joseph K $368,207
Previous Owner Pennington Steven R $266,000
Previous Owner Pennington Steven R $50,000
Previous Owner Rangen Curtis $85,500
Closed Pennington Steven R $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $370,000 -11.7% $186 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $419,000 -- $211 / 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 $6,567 $323,800 $232,300 $91,500
2024 $6,567 $323,800 $232,300 $91,500
2023 $6,473 $323,800 $232,300 $91,500
2022 $6,275 $323,800 $232,300 $91,500
2021 $6,087 $323,800 $232,300 $91,500
2020 $5,990 $323,800 $232,300 $91,500
2019 $5,841 $323,800 $232,300 $91,500
2018 $5,702 $323,800 $232,300 $91,500
2017 $5,709 $323,800 $232,300 $91,500
2016 $5,621 $323,800 $232,300 $91,500
2015 $5,267 $313,500 $232,300 $81,200
2014 $5,094 $313,500 $232,300 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163383

Cape May County Association of REALTORS®

APN: 05 00751-0000-00003- 01