NOT LISTED FOR SALE

116 Racetrack Dr Cape May, NJ 08204

Estimated Value: $703,716 - $894,000

3 Beds
2 Baths
1,584 Sq Ft
$503/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $326,000 $206 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,512/month

38 Days on Market

Highlights

  • Property near a bay
  • Wood Flooring
  • Interior Lot
  • Deck
  • Fenced Yard
  • Walk-In Closet

About This Home

As of October 2015

Exit Zero - Cape May. This newer turnkey Beach House in Town Bank is being sold furnished less personals. Just steps from the Delaware Bays sandy beaches. A perfect spot for your primary or second home. >>> 1st floor -- Living rm. w/ gas fireplace; spacious dining rm.; kitchen w/ stainless steel appliances, 42" cabinets, brand new upgraded countertops & backsplash; office area; half bath; laundry, 9 foot ceilings, bamboo floors, and oversized windows. >>> 2nd floor -- Spacious Master Suite w/ large walk-in closet, tiled en suite bath with double vanity, and jetted tub; two guest bedrooms, a tiled guest bath; and a Wi-Fi thermostat for heat & central A/C. >>> Maximum charm w/ minimum maintenance - vinyl siding, vinyl railings, composite decking, newer tilt-in double pane windows, EZ access elevated crawlspace, and vinyl outdoor storage shed for additional storage. >>> With your new beach home you'll get to enjoy miles of barefoot beach walks; no beach tags; no parking meters; beautiful sunsets; and seasonal dolphin sightings right there at the end of your street. All ready for you right now. Just pack your bags and come on down! Call for additional information or to schedule a private tour.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE License #0451111 Listed on: 08/15/2015

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,060

Year Built

  • Built in 2006

Lot Details

  • Fenced Yard
  • Interior Lot
  • Property is zoned R3

Parking

  • Stone Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Property near a bay
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 & 19 / 542

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,060

Year Built

Built in 2006

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Also Includes: Drapes, Curtains, Shades, Blinds
  • Estimated Year Built: 2006
  • Bay Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1584
  • Other Rooms: Living Room, Dining Room, Kitchen, Library/Study, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 40
  • House Color: Green
  • Outside Features: Deck, Fenced Yard, Cable TV

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City, Well

Lot Info

  • Lot Number: 18 & 19
  • Lot Size: 40 x 100
  • Zoning: R3
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 4060.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2015
Closed on
Oct 22, 2015
Sold by
Cantin James N and Dejesus Elieser
Bought by
Selarnick Hope
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$324,900
Sold Price
$326,000
Premium/Discount to List
$1,100
0.34%
Current Estimated Value
$796,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,179
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Jan 28, 2013
Sold by
Cantin James and Dejesus Elieser
Bought by
Cantin James N and Dejesus Elieser

Purchase Details

Closed on
Mar 4, 2008
Sold by
Double J Homes Llc
Bought by
Cantin James and Dejesus Elieser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2005
Sold by
Breen Gary C
Bought by
Double J Homes Llc

Purchase Details

Closed on
Apr 15, 2004
Sold by
Fast Fish Holdings Llc
Bought by
Breen Gary C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Selarnick Hope $326,000 --
Cantin James N -- None Available
Cantin James $299,900 The Title Company Of Jersey
Double J Homes Llc $112,000 Congress Title Company
Breen Gary C $20,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cantin James $239,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $326,000 +0.3% $206 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/15/2015 08/15/15 For Sale $324,900 -- $205 / 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 $5,068 $249,900 $100,000 $149,900
2024 $5,068 $249,900 $100,000 $149,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Groetsch

    Seller's Agent in 2015

    Brian Groetsch

    RE/MAX SURFSIDE

    (609) 972-6339

    49 in this area

    113 Total Sales

    Brian Groetsch
    Section Image
  • Christine Lynn

    Seller Co-Listing Agent in 2015

    Christine Lynn

    RE/MAX SURFSIDE

    (609) 780-7344

    50 in this area

    104 Total Sales

    Christine Lynn
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165662

Cape May County Association of REALTORS®

APN: 05-00542-0000-00018

New Jersey Cape May County Cape May 08204

116 Racetrack Dr, Cape May, NJ

Not Listed for Sale

Detached

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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.

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