NOT LISTED FOR SALE

1028 Lafayette St Cape May, NJ 08204

Estimated Value: $602,000 - $965,000

2 Beds
1 Bath
1,066 Sq Ft
$792/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $500,000 $469 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,047/month

46 Days on Market

Highlights

  • Island Location
  • Wood Flooring
  • 4 Car Detached Garage
  • Ranch Style House
  • Breakfast Area or Nook
  • 3-minute walk to Cape May Kiwanis Community Park

About This Home

As of June 2018

Survey (2015), Flood Determination, and Lead Based Paint Disclosure can be found in associated docs. Seller is a licensed NJ Real Estate Agent. Sale is contingent on the sellers finding suitable housing. 24 hours notice preferred for showings but sellers will do their best to be accommodating.

Last Agent to Sell the Property

Micah Yerk

deSatnick Real Estate LLC - Lower Township Listed on: 02/22/2018

Co-Listed By

Kenneth "Ken" Germann

deSatnick Real Estate LLC - Lower Township

Last Buyer's Agent

Toni Charlesworth

LONG & FOSTER REAL ESTATE, INC nwnj License #1329628

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 1962

Lot Details

  • 1.54

Home Design

  • Ranch Style House
  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • 1,066 Sq Ft Home
  • Partially Furnished
  • Living Room
  • Dining Area
  • Storage
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Oil Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / 1112

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,692

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 02-Cape May City
  • Near: Town, Parks, Beach
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1962
  • New Construction: No
  • Second Address Number: 1028
  • Listing Office2: 44
  • Lot Size2: 67X117 IRR
  • Price per Sq Ft: 469.04
  • Selling Agent1: 4065
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Wine Cooler
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Storage, Wall to Wall Carpet
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 7
  • Basement: Full, Finished, Inside Entrance, Heated, See Remarks
  • Estimated Living Sq Ft: 1066
  • Other Rooms: Living Room, Recreation/Family, Eat-In-Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos, Vinyl
  • Outside Features: Patio, Porch, Storage Building, Sidewalks

Garage/Parking

  • Parking Garage: Garage, 3 Car, Detached, Stone Driveway, 4 car parking

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Oil, Baseboard, Hot Water
  • Hot Water: Oil
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3692.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 30, 2018
Sold by
Yerk Micah D and Yerk Bryce S
Bought by
Mooney Mary E
Seller's Agent
Micah Yerk
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Toni Charlesworth
LONG & FOSTER REAL ESTATE, INC nwnj
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%
Current Estimated Value
$844,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,688
Avg. Annual Appreciation
7.96%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2015
Sold by
Burkhardt David
Bought by
Yerk Micah D and Yerk Bryce S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1998
Sold by
Church Marian
Bought by
Burkhardt David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.05%
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
Mooney Mary E $500,000 --
Yerk Micah D $385,000 Mutual Title Agency
Burkhardt David $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mooney Mary E $390,000
Closed Mooney Mary E $400,000
Previous Owner Yerk Micah D $360,000
Previous Owner Burkhardt David $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $500,000 -5.5% $469 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $529,000 -- $496 / 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
2024 $4,415 $417,700 $289,900 $127,800
2023 $4,486 $417,700 $289,900 $127,800
2022 $4,311 $417,700 $289,900 $127,800
2021 $4,252 $417,700 $289,900 $127,800
2020 $4,052 $417,700 $289,900 $127,800
2019 $4,123 $417,700 $289,900 $127,800
2018 $3,889 $417,700 $289,900 $127,800
2017 $3,692 $417,700 $289,900 $127,800
2016 $3,475 $417,700 $289,900 $127,800
2015 $3,613 $417,700 $289,900 $127,800
2014 $3,613 $417,700 $289,900 $127,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Micah Yerk

    deSatnick Real Estate LLC - Lower Township

  • K

    Seller Co-Listing Agent in 2018

    Kenneth "Ken" Germann

    deSatnick Real Estate LLC - Lower Township

  • T

    Buyer's Agent in 2018

    Toni Charlesworth

    LONG & FOSTER REAL ESTATE, INC nwnj

    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 180543

Cape May County Association of REALTORS®

APN: 02-01112-0000-00005

New Jersey Cape May County Cape May 08204

1028 Lafayette St, Cape May, NJ

This home is located at 1028 Lafayette St, Cape May, NJ 08204 since 22 February 2018 and is currently estimated at $844,688, approximately $792 per square foot. This property was built in 1962. 1028 Lafayette St is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High 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