NOT LISTED FOR SALE

16 Corsons Tavern Rd Ocean View, NJ 08230

Estimated Value: $400,909 - $492,000

3 Beds
2 Baths
1,170 Sq Ft
$373/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $360,000 $308 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,823/month

133 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Eat-In Kitchen
  • Den
  • 1 Car Attached Garage
  • Living Room

About This Home

As of June 2023

This home is located at 16 Corsons Tavern Rd, Ocean View, NJ 08230 since 11 November 2022 and is currently estimated at $435,977, approximately $372 per square foot. This property was built in 1976. 16 Corsons Tavern Rd is a home located in Cape May County with nearby schools including Upper Township Primary School, Upper Township Elementary School, and Upper Township Middle School.

Last Listed By

Alex Iannone

FREDA REAL ESTATE Listed on: 11/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,308

Year Built

  • 1976

Lot Details

  • Lot Dimensions are 100 x 200
  • Fenced Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Den
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 291 / 453

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,308

Year Built

1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 11-Upper Township
  • Also Includes: Drapes, Blinds
  • New Construction: No
  • Second Address Number: 16
  • Lot Size2: 100 x 200
  • Selling Agent1: 4654
  • Selling Office1: 153
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Smoke/Fire Alarm
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Fenced Yard

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 291
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4308.1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Jun 2, 2023
Sold by
Zakorchemny Walter T
Bought by
Swank James and Swank Nancy
Seller's Agent
Alex Iannone
FREDA REAL ESTATE
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$419,000
Sold Price
$360,000
Premium/Discount to List
-$59,000
-14.08%
Total Days on Market
133
Views
294
Current Estimated Value
$435,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,977
Avg. Annual Appreciation
10.49%
Original Mortgage
$140,000
Outstanding Balance
$136,991
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$298,986

Purchase Details

Closed on
Jul 21, 2006
Sold by
Parsons Kenneth R and Parsons Sheri D
Bought by
Zakorchemny Walter T and Zakorchemny Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,950
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 8, 2000
Sold by
Welke John F
Bought by
Parsons Kenneth R and Parsons Sherri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.7%

Purchase Details

Closed on
Apr 11, 1990
Sold by
Welke Jr John F and Welke Diane M
Bought by
Atlantic City Electric Company

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
Swank James $360,000 The Title Company
Zakorchemny Walter T $272,500 Shore Title Agency Inc
Parsons Kenneth R $128,000 --
Atlantic City Electric Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swank James $140,000
Previous Owner Zakorchemny Walter T $236,200
Previous Owner Zakorchemny Kevin W $246,500
Previous Owner Zakorchemny Walter T $26,950
Previous Owner Zakorchemny Walter T $218,000
Previous Owner Parsons Sheri D $35,000
Previous Owner Parsons Kenneth R $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $360,000 -6.5% $308 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $385,000 -3.5% $329 / Sq Ft
01/03/2023 01/03/23 Price Changed $399,000 -4.8% $341 / Sq Ft
11/11/2022 11/11/22 For Sale $419,000 -- $358 / 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
2024 $4,859 $211,700 $94,200 $117,500
2023 $4,619 $211,700 $94,200 $117,500
2022 $4,465 $211,700 $94,200 $117,500
2021 $3,190 $211,700 $94,200 $117,500
2020 $4,145 $211,700 $94,200 $117,500
2019 $4,046 $211,700 $94,200 $117,500
2018 $3,942 $211,700 $94,200 $117,500
2017 $3,897 $211,700 $94,200 $117,500
2016 $3,560 $190,400 $94,200 $96,200
2015 $3,467 $190,400 $94,200 $96,200
2014 $3,825 $257,200 $142,500 $114,700
Source: Public Records

Agents Affiliated with this Home

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Source: Cape May County Association of REALTORS®

MLS Number: 223490

Cape May County Association of REALTORS®

APN: 11-00453-09-00291