NOT LISTED FOR SALE

17 Paula Ln Cape May, NJ 08204

Estimated Value: $247,000 - $309,498

2 Beds
1 Bath
730 Sq Ft
$381/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $92,957 $127 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,707/month

45 Days on Market

Highlights

  • Ranch Style House
  • Enclosed Patio or Porch
  • Living Room
  • Middle Township Elementary No. 1 Rated A-
  • Eat-In Kitchen
  • Storage

About This Home

As of September 2015

Here's your chance! A truly great opportunity for first time home buyers! This property has great potential for a USDA loan, giving your buyers an opportunity to acquire a home for less money than they are likely currently paying in rent. This very well-maintained property has 2 bedrooms plus a bonus room which could be used as a third bedroom, 1.5 baths, a roomy back yard shed, a 2 year old roof, 1 year old water heater, 3 year old well pump and pressure tank, new carpeting and has been completely painted. This could be a very nice investment opportunity as well. Priced exceedingly well and ready to go! Appointment necessary but very easy to show, just call for an appointment. USDA Estimated Settlement Costs plus list of estimated expenses included in associated docs.

Last Agent to Sell the Property

Elaine Cathcart

Coldwell Banker James C Otton Real Estate License #8542090 Listed on: 07/02/2015

Coldwell Banker James C Otton Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,315

Lot Details

  • 3,615

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Living Room
  • Storage
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Stone Driveway

Utilities

  • Central Air
  • Heating Available
  • Well
  • Propane Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is zoned VR

Listing and Financial Details

  • Legal Lot and Block 9 / 471

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,315

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 06-Middle Township
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector, Stove Propane
  • Interior Amenities: Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Laminate Flooring, Vinyl Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 30
  • House Color: White
  • Outside Features: Patio, Enclosed/Covered Patio

Garage/Parking

  • Parking Garage: Garage, Stone Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Propane, Electric
  • Hot Water: Propane
  • Sewer: City
  • Water: Well

Lot Info

  • Lot Number: 9
  • Lot Size: 30 x 120
  • Total Assessment: 128200
  • Zoning: VR
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 2315.29
  • Assessor Parcel Number: 06004710000000090000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2015
Closed on
Sep 15, 2015
Sold by
Cathcart Van W and Cathcart Debra Ann
Bought by
Moore Clarence D
Seller's Agent
Elaine Cathcart
Coldwell Banker James C Otton Real Estate
List Price
$99,900
Sold Price
$92,957
Premium/Discount to List
-$6,943
-6.95%
Current Estimated Value
$277,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,918
Avg. Annual Appreciation
11.44%
Original Mortgage
$74,365
Outstanding Balance
$58,469
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$219,406

Purchase Details

Closed on
Aug 20, 2008
Sold by
Lasalle Bank Na
Bought by
Cathcart Van W and Cathcart Debra Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2006
Sold by
Holly Lillian P and Yearicks Jennifer
Bought by
Calverly Shawn

Purchase Details

Closed on
Dec 30, 2002
Sold by
Larcombe Harold R
Bought by
Holly William C and Holly Lillian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
6.08%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Cotton Jane L
Bought by
Larcombe Harold R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,242
Interest Rate
6.82%
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
Moore Clarence D $92,957 Shore Title Agency Inc
Cathcart Van W $77,500 None Available
Calverly Shawn $148,000 The Title Company Of Jersey
Holly William C $84,000 --
Larcombe Harold R $45,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Clarence D $74,365
Previous Owner Cathcart Van W $62,000
Previous Owner Holly William C $79,800
Previous Owner Larcombe Harold R $45,242
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $92,957 -6.9% $127 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $99,900 -- $137 / 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 $2,850 $128,200 $81,000 $47,200
2024 $2,850 $128,200 $81,000 $47,200
2023 $2,774 $128,200 $81,000 $47,200
2022 $2,693 $128,200 $81,000 $47,200
2021 $2,624 $128,200 $81,000 $47,200
2020 $2,569 $128,200 $81,000 $47,200
2019 $2,511 $128,200 $81,000 $47,200
2018 $2,478 $128,200 $81,000 $47,200
2017 $2,423 $128,200 $81,000 $47,200
2016 $2,360 $128,200 $81,000 $47,200
2015 $2,336 $128,200 $81,000 $47,200
2014 $2,315 $128,200 $81,000 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164910

Cape May County Association of REALTORS®

APN: 06-00471-0000-00009