NOT LISTED FOR SALE

14 Racetrack Dr Cape May, NJ 08204

Estimated Value: $1,279,599 - $1,496,000

3 Beds
1 Bath
960 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $320,000 $333 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $8,487/month

148 Days on Market

Highlights

  • Property near a bay
  • Ranch Style House
  • Living Room
  • Building is beachfront but unit may not have water views
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of June 2018

Taxes to be determined based upon recent subdivision of neighboring property.

Last Agent to Sell the Property

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm Listed on: 01/03/2018

LONG & FOSTER REAL ESTATE, INC cm

Last Buyer's Agent

Stacy Hutchinson

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,914

Year Built

  • Built in 1970

Lot Details

  • 6,970

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Stone Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Property near a bay
  • Building is beachfront but unit may not have water views

Listing and Financial Details

  • Legal Lot and Block 535 / 54

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,914

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 05-Lower Township
  • Estimated Year Built: 1970
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 14
  • Lot Size2: 70x90IRR
  • Selling Agent1: 3720
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Smoke/Fire Alarm, Fireplace- Wood, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos
  • Outside Features: Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: 1 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 535
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Cape Real Estate Dev Llc
Bought by
Ryan Richard A and Ryan Patricia A
Current Estimated Value
$1,375,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,562
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 16, 2016
Closed on
Sep 29, 2017
Sold by
Shoemaker Irwin B and Shoemaker Roslyn D
Bought by
Cape Real Estate Developers Llc
Seller's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.01%

Purchase Details

Closed on
Apr 15, 1998
Sold by
Mormello Walter S
Bought by
Shoemaker Irwin B and Shoemaker Roslyn D
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
Ryan Richard A $625,000 --
Cape Real Estate Developers Llc $300,000 Seaboard Title Agency
Shoemaker Irwin B $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Richard A $441,742
Closed Ryan Richard A $445,141
Closed Ryan Richard A $450,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $320,000 -10.9% $333 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $359,000 +19.7% $374 / Sq Ft
09/29/2017 09/29/17 Sold $300,000 0.0% $313 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
01/16/2016 01/16/16 For Sale $300,000 -- $313 / 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 $11,914 $599,800 $147,000 $452,800
2024 $11,914 $599,800 $147,000 $452,800
2023 $11,740 $599,800 $147,000 $452,800
2022 $11,374 $599,800 $147,000 $452,800
2021 $11,026 $599,800 $147,000 $452,800
2020 $11,096 $599,800 $147,000 $452,800
2019 $10,820 $599,800 $147,000 $452,800
2018 $2,589 $147,000 $147,000 $0
2017 $4,133 $236,300 $184,800 $51,500
2016 $4,102 $236,300 $184,800 $51,500
2015 $3,970 $236,300 $184,800 $51,500
2014 $3,840 $236,300 $184,800 $51,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rebecca Chamberlain,SFR,SRES

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 972-7507

    78 in this area

    134 Total Sales

    Rebecca Chamberlain,SFR,SRES
    Section Image
  • Stacy Hutchinson

    Buyer's Agent in 2018

    Stacy Hutchinson

    deSatnick Real Estate LLC - Cape May

    (609) 884-1300

    24 in this area

    58 Total Sales

    Stacy Hutchinson
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 179702

Cape May County Association of REALTORS®

APN: 05-00535-0000-00054

New Jersey Cape May County Cape May 08204

14 Racetrack Dr, Cape May, NJ

This home is located at 14 Racetrack Dr, Cape May, NJ 08204 since 03 January 2018 and is currently estimated at $1,375,400, approximately $1,432 per square foot. This property was built in 1970. 14 Racetrack Dr is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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