NOT LISTED FOR SALE

107 Racetrack Dr Cape May, NJ 08204

Estimated Value: $506,000 - $690,000

3 Beds
1 Bath
1,346 Sq Ft
$446/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $235,000 $175 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,460/month

262 Days on Market

Highlights

  • Property near a bay
  • Wood Flooring
  • 1.5 Car Detached Garage
  • Ranch Style House
  • Sun or Florida Room
  • Patio

About This Home

As of April 2017

Wallpaper has been removed and rooms freshly painted. There are hardwood floors in living room, hallway and the 3 bedrooms (some under carpet).

Last Agent to Sell the Property

MaryAnn D. Mason, ABR, GRI, RSPS, MR

CENTURY 21 ALLIANCE wc License #8133747 Listed on: 06/29/2016

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

James Dickinson

COLDWELL BANKER REALTY - Haddonfield License #9485250

COLDWELL BANKER REALTY - Haddonfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 80x100
  • Property is zoned R-3

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,346 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Property near a bay
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 49 - 52 / 534

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,903

Year Built

Built in 1972

Lot Details

1.84 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Also Includes: Blinds
  • Estimated Year Built: 1972
  • Bay Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 80x100
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1346
  • Other Rooms: Living Room, Kitchen, Dining Area, Florida Room, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 80
  • House Color: White
  • Outside Features: Patio, Cable TV

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 49 - 52
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-3

Tax Info

  • Taxes: 3902.52
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Apr 20, 2017
Sold by
Jackson Mabel B and Jackson Mabel Mercer
Bought by
Mellwig Gary R
Seller's Agent
MaryAnn D. Mason, ABR, GRI, RSPS, MR
CENTURY 21 ALLIANCE wc
Buyer's Agent
James Dickinson
COLDWELL BANKER REALTY - Haddonfield
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%
Current Estimated Value
$599,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,845
Avg. Annual Appreciation
11.20%
Original Mortgage
$188,000
Outstanding Balance
$155,406
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$444,439
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mellwig Gary R $235,000 Keystone Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellwig Gary R $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $235,000 -14.5% $175 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
06/29/2016 06/29/16 For Sale $275,000 -- $204 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $4,545 $224,100 $120,000 $104,100
2024 $4,480 $224,100 $120,000 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171385

Cape May County Association of REALTORS®

APN: 05-00534-0000-00049

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