NOT LISTED FOR SALE

1061 Seashore Rd Cape May, NJ 08204

Estimated Value: $941,000 - $1,136,000

4 Beds
3 Baths
1,816 Sq Ft
$586/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $490,000 $270 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $6,203/month

18 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Loft
  • Dutch Colonial Architecture
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of April 2020

Welcome to your perfect shore home just 1.5 miles from the beach in the beautiful town of CAPE MAY! This amazing 2 story mint-condition home features 4 bedrooms and 3 full baths. Walk in to the open concept first floor featuring the large brightly-lit living room with cathedral ceiling and skylights , parallel to the dining room, and the oversized custom kitchen. The first floor also features an additional sitting area which leads to the huge master-suite with its own beautiful private bath. Also included on the 1st floor is the 4th bedroom/efficiency with it own full bath, kitchenette, laundry area, and private entrance... which you can easily airbnb for extra rental income! The second floor features 2 nice sized bedrooms and a full bathroom and a large walk-out deck. This home has a huge fenced in backyard, with a deck, storage shed and outside shower. This charming home can be yours to enjoy your summer days in the beautiful Cape May and a perfect opportunity to make a substantial amount of rental income (can provide previous rental history). YOUR PERFECT SHORE HOME AWAITS YOU!

Last Agent to Sell the Property

IFRA YASIN

eXp Realty - Montclair Listed on: 02/24/2020

eXp Realty - Montclair

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,747

Lot Details

  • Lot Dimensions are 104x100
  • Fenced
  • Corner Lot

Home Design

  • Dutch Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Dining Area
  • Loft
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,747

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Dutch Colonial
  • Age: 25+ Years
  • Lvt Date: 02/24/2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling, Skylight(s)
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, In-Law Quarters, Laundry/Utility Room, Loft, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Porch
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Electric, Multi-Zoned
  • Sewer: Septic
  • Water: Well

Lot Info

  • Location: Corner
  • Lot Dimensions: 104x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Murphy Francis M and Murphy Arraste
Bought by
Kaplan Bradley D and Kalpan Bnetherine L
Current Estimated Value
$1,063,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2014
Sold by
Cmqv Llc
Bought by
Murphy Francis M and Arrasate Murphy Jone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2011
Sold by
Plerhoples Steven
Bought by
Cmqv Llc

Purchase Details

Closed on
Sep 18, 2000
Sold by
Gallagher Thomas A
Bought by
Taylor Marian
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
Kaplan Bradley D $490,000 Misc Company
Murphy Francis M $300,000 North American Title Company
Cmqv Llc $229,900 The Title Company Of Jersey
Taylor Marian $184,500 --
Taylor Marian $184,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaplan Bradley D $392,000
Previous Owner Murphy Francis M $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2020 04/14/20 Sold $490,000 +3.2% $270 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $475,000 -- $262 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $6,747 $332,700 $180,600 $152,100
2024 $6,747 $332,700 $180,600 $152,100
2023 $6,651 $332,700 $180,600 $152,100
2022 $6,448 $332,700 $180,600 $152,100
2021 $6,255 $332,700 $180,600 $152,100
2020 $6,155 $332,700 $180,600 $152,100
2019 $6,002 $332,700 $180,600 $152,100
2018 $5,859 $332,700 $180,600 $152,100
2017 $5,866 $332,700 $180,600 $152,100
2016 $5,776 $332,700 $180,600 $152,100
2015 $5,589 $332,700 $180,600 $152,100
2014 $5,406 $332,700 $180,600 $152,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 534359

South Jersey Shore Regional MLS

APN: 05-00755-0000-00001