NOT LISTED FOR SALE

1042 Seashore Rd Cape May, NJ 08204

Estimated Value: $668,000 - $804,000

2 Beds
1 Bath
1,271 Sq Ft
$566/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $180,000 $142 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $4,347/month

32 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Laundry Room
  • Ranch Style House
  • Living Room
  • Outdoor Storage

About This Home

As of September 2019

Buyer's agent should notify buyer that the Seller acquired the Property as a result of foreclosure, by deed in lieu of foreclosure or otherwise similar procedure or transaction. Seller is unaware of the condition of the Property and neither the Seller nor Seller's Agent makes any warranties, expressed or implied as to the condition of the property. It is the intent of the Seller to sell the property in its "AS-IS" present condition. Seller shall make no repairs nor offer any credits for repairs. Seller shall not provide a survey, property condition report, homeowners warranty or Certification of Occupancy. Buyer should satisfy all questions and concerns with personal inspection and research at their expense. All municipal inspections required for transfer of title are the responsibility of the Buyer. All offers must be accompanied by a pre-approval or proof of funds, a copy of an EMD check in the amount of $2000 made out to the Listing Brokerage’s Trust Account and if purchased as an owner-occupied property a fully completed Owner Occupancy Certification that may be found under Associated Docs. Please make your client is aware of the offer review timeline based on their intended use of the property. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call: 1-877-617-5274.

Last Agent to Sell the Property

Joseph Zarroli

ISLAND REALTY GROUP LLC Listed on: 08/17/2018

Last Buyer's Agent

Joseph Gilmartin

CENTURY 21 GILMARTIN & CO

CENTURY 21 GILMARTIN & CO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,534

Year Built

  • Built in 1974

Lot Details

  • 1.18

Home Design

  • Ranch Style House

Interior Spaces

  • 1,271 Sq Ft Home
  • Living Room
  • Dining Area
  • Crawl Space
  • Storage In Attic
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Listing and Financial Details

  • Legal Lot and Block 10.03 / 752.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,534

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Estimated Year Built: 1974
  • New Construction: No
  • Second Address Number: 1042
  • Lot Size2: 1.18 Acres
  • Price per Sq Ft: 141.62
  • Selling Agent1: 282
  • Selling Office1: 47
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1271
  • Other Rooms: Living Room, Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room, Storage Attic, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Outside Features: Deck, Storage Building

Garage/Parking

  • Parking Garage: 4 car parking, Gravel Driveway

Lot Info

  • Lot Number: 10.03
  • Lot Size: 1-5 Acres
  • Total Assessment: 313900

Tax Info

  • Taxes: 5534.05
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2024
Sold by
Ryan Anne Marie
Bought by
Pitts Matthew J and Pitts Kimberly B
Current Estimated Value
$719,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$585,595
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$134,130

Purchase Details

Closed on
Oct 24, 2017
Sold by
Baker Roy M and Baker Donna M
Bought by
U S Bank National Association
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
Pitts Matthew J $850,000 The Title Company
Pitts Matthew J $850,000 The Title Company
U S Bank National Association $162,577 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitts Matthew J $595,000
Closed Pitts Matthew J $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $180,000 -2.7% $142 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $184,900 -- $145 / 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 $6,366 $313,900 $223,600 $90,300
2024 $6,366 $313,900 $223,600 $90,300
2023 $6,275 $313,900 $223,600 $90,300
2022 $6,083 $313,900 $223,600 $90,300
2021 $5,901 $313,900 $223,600 $90,300
2020 $5,807 $313,900 $223,600 $90,300
2019 $5,663 $313,900 $223,600 $90,300
2018 $5,528 $313,900 $223,600 $90,300
2017 $5,534 $313,900 $223,600 $90,300
2016 $5,449 $313,900 $223,600 $90,300
2015 $5,274 $313,900 $223,600 $90,300
2014 $5,101 $313,900 $223,600 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 183539

Cape May County Association of REALTORS®

APN: 05-00752-01-00010-03