NOT LISTED FOR SALE

147 Racetrack Dr Cape May, NJ 08204

Estimated Value: $430,109 - $524,000

2 Beds
1 Bath
756 Sq Ft
$606/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $82,000 $108 Per Sq Ft

Est. 452% increase in value since last sale

Current estimated payment $2,706/month

442 Days on Market

Highlights

  • Property near a bay
  • Eat-In Kitchen
  • Living Room
  • Cottage
  • Interior Lot
  • Outdoor Storage

About This Home

As of November 2015

Priced to sell. Two bedroom, one bath cottage in need of some TLC. Property is being sold in "as-is" condition. Seller is willing to leave any furniture if the buyer wants. City water has been connected. Roof is 4-5 yrs old. Contact agent for appointment.

Last Agent to Sell the Property

Christina Cavalier

FARRELL REALTY Listed on: 07/22/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1955

Lot Details

  • Interior Lot

Home Design

  • Cottage
  • Asbestos Siding

Interior Spaces

  • 756 Sq Ft Home
  • Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property near a bay
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 545

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,983

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1955
  • Bay Proximity: 4 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Range, Smoke/Fire Detector
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 756
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Cottage
  • Exterior: Asbestos
  • House Color: Blue
  • Outside Features: Storage Building

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 6
  • Lot Size: 40 x 98
  • Total Assessment: 138900
  • Zoning: Res
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 1983.67
  • Assessor Parcel Number: 05005450000000060000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Nov 6, 2015
Sold by
Kenish Delia B
Bought by
Ross Benjamin J
Seller's Agent
Christina Cavalier
FARRELL REALTY
List Price
$135,000
Sold Price
$82,000
Premium/Discount to List
-$53,000
-39.26%
Current Estimated Value
$452,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,868
Avg. Annual Appreciation
19.28%
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
Ross Benjamin J $82,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Benjamin J $100,000
Previous Owner Kenish Delia $2,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $82,000 -39.3% $108 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
07/22/2014 07/22/14 For Sale $135,000 -- $179 / 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 $2,859 $202,600 $99,600 $103,000
2024 $2,859 $141,000 $99,600 $41,400
2023 $2,819 $141,000 $99,600 $41,400
2022 $2,733 $141,000 $99,600 $41,400
2021 $2,651 $141,000 $99,600 $41,400
2020 $2,609 $141,000 $99,600 $41,400
2019 $2,506 $138,900 $99,600 $39,300
2018 $2,446 $138,900 $99,600 $39,300
2017 $2,449 $138,900 $99,600 $39,300
2016 $2,411 $138,900 $99,600 $39,300
2015 $1,834 $138,900 $99,600 $39,300
2014 $1,757 $138,900 $99,600 $39,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 159101

Cape May County Association of REALTORS®

APN: 05-00545-0000-00006