NOT LISTED FOR SALE

1520 Route 83 Cape May Court House, NJ 08210

Dennis Neighborhood

Estimated Value: $342,000 - $640,000

5 Beds
3 Baths
-- Sq Ft
7 Acres

Last Sold April 29, 2021

Last sale price $760,000

Est. 40% decrease in value since last sale

Current estimated payment $2,993/month

38 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Workshop
  • Deck
  • Great Room
  • Porch

About This Home

As of April 2021

Incredible opportunity for multi family residences. This unique property currently produces $30,000 in annual income with additional potential. It is rare to find sub-dividable acreage this close to Avalon & Sea Isle beaches, Route 9 and GS Parkway entrances, schools and shopping. Three acre parcel (known as 1516 Route 83) includes maintenance free Cape Cod and full second floor in-laws apartment. Also included in the sale is a 7.5 acre parcel (known as 1520 Route 83) with a state of the art horse barn AND newly installed septic for a 3 BR house. Built in 2016, the Cape Cod features an open floor plan consisting of living room, dining area, kitchen with island, stainless appliances, Corian countertops, hardwood floors, French doors to rear deck. First floor Master BR with ensuite bath, including large walk-in tile shower. Two additional first floor BRs with handicapped accessible guest bath. Upstairs, from both an inside and outside entrance, there is a spacious, 2 BR, 1 bath apartment with large kitchen, living room, bonus room and second story deck. For the professional horse person or hobbyist, a gorgeous 13 stall state-of-the-art barn containing numerous amenities. Large, matted stalls, concrete center aisle, wash stall with hot & cold water, grooming stall, office with kitchenette, heat and air conditioning, tack room with heat and air, feed room, 2 bathrooms (one handicapped accessible with shower), laundry room and work/storage room. Two sand riding rings and

Last Agent to Sell the Property

Kathryn Martino

Compass New Jersey-Ocean City (O463H) License #8647210 Listed on: 12/08/2020

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 2016

Lot Details

  • 7

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Great Room
  • Dining Area
  • Workshop
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Kennel
  • Horse Farm

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,894

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cape Cod
  • Age: 2 To 5 Years
  • Also Includes: Blinds
  • Lvt Date: 12/08/2020
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Laminate Flooring, Wood
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Basement: Crawl Space, Outside Entrance, Slab
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Pantry, Storage Attic, Workshop, Master Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Horse Farm, Kennels/Stables, Porch, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete, Stone
  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Electric, Forced Air, Heat Pump, Multi-Zoned
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 10.5 ac
  • Lot Size: 6 To 10 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Rose S Management Llc
Bought by
Savkov Nicole T
Current Estimated Value
$457,059

Purchase Details

Closed on
Mar 8, 2024
Sold by
Savkov Nicole T
Bought by
Rose S Management Llc

Purchase Details

Closed on
Nov 25, 2023
Sold by
Savkov Rose and Savkov Alexander
Bought by
Savkov Nicole T

Purchase Details

Listed on
Dec 8, 2020
Closed on
Apr 28, 2021
Sold by
Oldham John F and Moran Patricia E
Bought by
Savkov Rose
Seller's Agent
Kathryn Martino
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$794,999
Sold Price
$760,000
Premium/Discount to List
-$34,999
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.34%

Purchase Details

Closed on
Apr 11, 2013
Sold by
U S Bank National Association
Bought by
Oldham John F and Moran Partricia E

Purchase Details

Closed on
Dec 29, 2012
Sold by
Arch Bay Holdings Llc Series 2009B
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 3, 2012
Sold by
Scheid Lisa A
Bought by
Arch Bay Holdings Llc Series 2009B

Purchase Details

Closed on
Aug 22, 2005
Sold by
Scheid Lisa A and Sack Mary Ella
Bought by
Scheid Lynn Paige
Source: Public Records

Range of Values:

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Average Value
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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
Savkov Nicole T -- None Listed On Document
Savkov Nicole T -- None Listed On Document
Rose S Management Llc -- None Listed On Document
Savkov Nicole T -- Black River Title
Savkov Rose $360,000 Surety Title
Oldham John F $179,900 Mutual Title Agency
U S Bank National Association $80,600 None Available
Arch Bay Holdings Llc Series 2009B -- None Available
Scheid Lynn Paige -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oldham John F $47,161
Previous Owner Oldham John F $230,000
Previous Owner Scheid Lisa A $189,000
Previous Owner Scheid Lisa A $163,000
Previous Owner Scheid Lisa A $129,000
Previous Owner Scheid Lisa A $100,000
Previous Owner Scheid Lisa A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $760,000 0.0% --
04/29/2021 04/29/21 Sold $760,000 -4.4% $289 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $794,900 0.0% --
12/08/2020 12/08/20 For Sale $794,999 -0.6% --
12/04/2018 12/04/18 For Sale $799,999 -- $304 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $5,894 $456,900 $126,800 $330,100
2024 $5,894 $290,500 $126,800 $163,700
2023 $5,627 $290,500 $126,800 $163,700
2022 $5,496 $290,500 $126,800 $163,700
2021 $5,424 $290,500 $126,800 $163,700
2020 $5,424 $290,500 $126,800 $163,700
2019 $5,334 $290,500 $126,800 $163,700
2018 $5,104 $290,500 $126,800 $163,700
2017 $4,941 $290,500 $126,800 $163,700
2016 $4,782 $290,500 $126,800 $163,700
2015 $4,700 $290,500 $126,800 $163,700
2014 $3,592 $247,300 $230,600 $16,700
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Martino

    Seller's Agent in 2021

    Kathryn Martino

    Compass New Jersey-Ocean City (O463H)

    (609) 408-7355

    6 in this area

    59 Total Sales

    Section Image

  • A

    Seller's Agent in 2021

    Andrea Bry

    RIXON REALTY

    (609) 408-0651

    2 in this area

    10 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 545306

South Jersey Shore Regional MLS

APN: 04 00096-0000-00036- 01

New Jersey Cape May County Cape May Court House 08210 Dennis

1520 Route 83, Cape May Court House, NJ

This home is located at 1520 Route 83, Cape May Court House, NJ 08210 since 08 December 2020 and is currently estimated at $500,831. This property was built in 2016. 1520 Route 83 is a home located in Cape May County with nearby schools including Dennis Township Primary School, Dennis Township Elementary/Middle School, and Bishop McHugh Regional Catholic School.

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