NOT LISTED FOR SALE

123 Rosemans Ln Cape May, NJ 08204

Estimated Value: $1,346,000 - $2,580,000

5 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 13, 2020

Last sale price $840,000

Est. 130% increase in value since last sale

Current estimated payment $10,833/month

127 Days on Market

Highlights

  • Water Views
  • Island Location
  • Wood Flooring
  • New Construction
  • Deck
  • Great Room

About This Home

As of November 2020

Please schedule an appointment prior to previewing the community and new homes.

Last Agent to Sell the Property

Todd deSatnick

deSatnick Real Estate LLC - Cape May License #9806297 Listed on: 10/07/2019

Last Buyer's Agent

Colleen White

Tim Kerr Sotheby's International Realty License #1005222

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,361

Lot Details

  • 3,485

Parking

  • 4 Car Attached Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Gas Fireplace
  • Great Room
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Cleared Lot
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 5 / 1063.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,361

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Island, Water View
  • District Township: 02-Cape May City
  • New Construction: Yes
  • Lot Size2: 36x68IRR
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 10
  • Other Rooms: Great Room

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • Outside Features: Deck, Sidewalks

Garage/Parking

  • Parking Garage: Garage, Attached, 4 car parking

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 8361

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 3, 2020
Sold by
Spicer Creek Homes Llc
Bought by
Azar Todd R and Azar Heidi M
Seller's Agent
Todd deSatnick
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Colleen White
Tim Kerr Sotheby's International Realty
List Price
$899,000
Sold Price
$840,000
Premium/Discount to List
-$59,000
-6.56%
Current Estimated Value
$1,934,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,094,952
Avg. Annual Appreciation
18.32%
Original Mortgage
$672,000
Outstanding Balance
$600,120
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,334,832
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
Azar Todd R $840,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azar Todd R $672,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $840,000 -6.6% --
02/11/2020 02/11/20 Pending -- -- --
10/07/2019 10/07/19 For Sale $899,000 -- --
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 $8,459 $800,300 $403,200 $397,100
2024 $8,459 $800,300 $403,200 $397,100
2023 $8,595 $800,300 $403,200 $397,100
2022 $8,259 $800,300 $403,200 $397,100
2021 $2,915 $403,200 $403,200 $0
2020 $3,911 $403,200 $403,200 $0
2019 $3,980 $403,200 $403,200 $0
2018 $3,754 $403,200 $403,200 $0
2017 $3,564 $403,200 $403,200 $0
2016 $3,355 $403,200 $403,200 $0
2015 $3,488 $403,200 $403,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd deSatnick

    Seller's Agent in 2020

    Todd deSatnick

    deSatnick Real Estate LLC - Cape May

    (609) 780-2033

    36 in this area

    58 Total Sales

    Todd deSatnick
    Section Image
  • Colleen White

    Buyer's Agent in 2020

    Colleen White

    Tim Kerr Sotheby's International Realty

    (609) 231-6943

    25 in this area

    75 Total Sales

    Colleen White
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189968

Cape May County Association of REALTORS®

APN: 02-01061-03-00005

New Jersey Cape May County Cape May 08204

123 Rosemans Ln, Cape May, NJ

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