NOT LISTED FOR SALE

120 Town Bank Rd Cape May, NJ 08204

Estimated Value: $554,000 - $666,000

4 Beds
1 Bath
1,157 Sq Ft
$513/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $220,000 $190 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,508/month

138 Days on Market

Highlights

  • Property near a bay
  • Cape Cod Architecture
  • Furnished
  • Building is beachfront but unit may not have water views
  • Deck
  • Fenced Yard

About This Home

As of August 2016

This charming 4 bedroom, 1 bathroom Cape Cod home is 6 houses from the Delaware Bay beaches in historical Town Bank. The home features new vinyl siding, huge front deck, large backyard, clean kitchen and open living room. The bedrooms are good size with newer carpet throughout. This home is easy to show and is being sold fully furnished less personal items.

Last Agent to Sell the Property

Jeff Quintin

eXp REALTY License #9134206 Listed on: 03/11/2016

eXp REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced Yard

Parking

  • 3 Car Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,157 Sq Ft Home
  • Furnished
  • Wall to Wall Carpet

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property near a bay
  • Deck
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 24 / 552

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 05-Lower Township
  • Also Includes: Furniture
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer
  • Interior Amenities: Wall to Wall Carpet
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Total Rooms: 7
  • Estimated Living Sq Ft: 1157

Exterior Features

  • Construction: Cape Cod
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard, Storage Building

Garage/Parking

  • Parking Garage: 3 Car

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Baseboard
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 24
  • Lot Size: 40 x 100
  • Lot Size Range: 1/4 to 1 Acre

Tax Info

  • Taxes: > 2968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Aug 26, 2016
Sold by
Bennett Richard and Bennett Joanne
Bought by
Lyons Robert M and Lyons Margaret G
Seller's Agent
Jeff Quintin
eXp REALTY
List Price
$234,900
Sold Price
$220,000
Premium/Discount to List
-$14,900
-6.34%
Current Estimated Value
$593,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,561
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Feb 9, 1990
Sold by
Monticelli Armand F
Bought by
Bennett Richard and Bennett Joanne
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
Lyons Robert M $220,000 Title Company Of Jersey All
Bennett Richard $83,500 --
Bennett Richard $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Richard $60,000
Previous Owner Bennett Richard $32,000
Previous Owner Bennett Richard $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $220,000 -6.3% $190 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $234,900 -- $203 / 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 $3,583 $176,700 $120,000 $56,700
2024 $3,583 $176,700 $120,000 $56,700
2023 $3,532 $176,700 $120,000 $56,700
2022 $3,424 $176,700 $120,000 $56,700
2021 $3,322 $176,700 $120,000 $56,700
2020 $3,269 $176,700 $120,000 $56,700
2019 $3,188 $176,700 $120,000 $56,700
2018 $3,112 $176,700 $120,000 $56,700
2017 $3,115 $176,700 $120,000 $56,700
2016 $3,068 $176,700 $120,000 $56,700
2015 $2,969 $176,700 $120,000 $56,700
2014 $2,871 $176,700 $120,000 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168912

Cape May County Association of REALTORS®

APN: 05-00552-0000-00024