NOT LISTED FOR SALE

12 Paula Ln Cape May, NJ 08204

Estimated Value: $154,000 - $302,706

3 Beds
1 Bath
960 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $70,000 $73 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $1,525/month

Highlights

  • Ranch Style House
  • Fenced Yard
  • Interior Lot
  • Middle Township Elementary No. 1 Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of April 2020

This home is located at 12 Paula Ln, Cape May, NJ 08204 since 07 November 2019 and is currently estimated at $241,677, approximately $251 per square foot. 12 Paula Ln is a home located in Cape May County with nearby schools including Middle Township Elementary No. 1, Middle Township Elementary No. 2, and Middle Township Middle School.

Last Agent to Sell the Property

Maria L. Grohe

deSatnick Real Estate LLC - Lower Township License #9486296 Listed on: 11/07/2019

Last Buyer's Agent

Maria L. Grohe

deSatnick Real Estate LLC - Lower Township License #9486296 Listed on: 11/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,616

Lot Details

  • Lot Dimensions are 60x120
  • Fenced Yard
  • Interior Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 20 / 470

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,616

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Inside Lot
  • District Township: 06-Middle Township
  • New Construction: No
  • Second Address Number: 12
  • Lot Size2: 60x120
  • Price per Sq Ft: 72.92
  • Selling Agent1: 265
  • Selling Office1: 4
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 960
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: White
  • Outside Features: Fenced Yard, Storage Building

Utilities

  • Heating: Gas Natural, Space/Wall/Floor
  • Hot Water: Electric
  • Sewer: City
  • Water: Well

Lot Info

  • Lot Number: 20
  • Lot Size: 6001-10000 SqFt
  • Zoning: RES

Tax Info

  • Taxes: 2616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2021
Sold by
Mccullough John
Bought by
Fay Ronald W and Fay Shannon E
Current Estimated Value
$241,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$80,169
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,508

Purchase Details

Listed on
Nov 7, 2019
Closed on
Apr 8, 2020
Sold by
Lomot Robin
Bought by
Mccullogh John
Seller's Agent
Maria L. Grohe
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Maria L. Grohe
deSatnick Real Estate LLC - Lower Township
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.07%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Wolfe James
Bought by
Lomot Eric and Lomot Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,450
Interest Rate
5.88%

Purchase Details

Closed on
Oct 31, 1995
Sold by
Hess Larry
Bought by
Wolfe James and Wolfe Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.58%
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
Fay Ronald W $105,000 Misc Company
Mccullogh John $70,000 Misc Company
Lomot Eric $111,000 --
Wolfe James $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fay Ronald W $90,000
Previous Owner Lomot Eric $105,450
Previous Owner Wolfe James $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2020 04/08/20 Sold $70,000 -11.4% $73 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $79,000 -- $82 / 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 $2,968 $133,500 $93,500 $40,000
2024 $2,968 $133,500 $93,500 $40,000
2023 $2,889 $133,500 $93,500 $40,000
2022 $2,805 $133,500 $93,500 $40,000
2021 $1,843 $133,500 $93,500 $40,000
2020 $2,675 $133,500 $93,500 $40,000
2019 $2,615 $133,500 $93,500 $40,000
2018 $2,581 $133,500 $93,500 $40,000
2017 $2,523 $133,500 $93,500 $40,000
2016 $2,458 $133,500 $93,500 $40,000
2015 $2,432 $133,500 $93,500 $40,000
2014 $2,411 $133,500 $93,500 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 190423

Cape May County Association of REALTORS®

APN: 06-00470-0000-00020