NOT LISTED FOR SALE

185 E Mechanic St Cape May, NJ 08204

Estimated Value: $1,525,000 - $1,942,000

5 Beds
4 Baths
3,188 Sq Ft
$557/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $735,000 $231 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $10,589/month

100 Days on Market

Highlights

  • Newly Remodeled
  • Island Location
  • Cathedral Ceiling
  • West Cape May Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of February 2016

SOLD - Newly reconstructed two story home featuring a garden level in-law suite. The main floor features a large great room, custom kitchen, breakfast nook and office/study. On the second floor you will find 3 bedrooms - each with private baths, large closets & cathedral ceilings, as well as a large laundry/mechanical room. The garden in-law suite includes 2 guest rooms, shared bath and a full kitchen and offers 2 private entrances.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 10/19/2015

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,916

Year Built

  • Built in 1920 | Newly Remodeled

Lot Details

  • 7,710

Parking

  • Stone Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 3,188 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,916

Year Built

Built in 1920 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 12-West Cape May
  • Estimated Year Built: 1920/2016
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Walk in Closet, Whirlpool, Tile Flooring
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 10
  • Estimated Living Sq Ft: 3188
  • Other Rooms: Kitchen, Breakfast Nook, Library/Study, Great Room

Exterior Features

  • Construction: Two Story
  • Exterior: Shingle, Wood
  • Frontage: 110
  • Outside Features: Deck, Porch, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 10
  • Lot Size: 110x70irr
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: 4916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Feb 26, 2016
Sold by
Pawlus Claudio
Bought by
Sorin Gary and Sorin Denise
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$735,000
Sold Price
$735,000
Current Estimated Value
$1,776,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,041,079
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
May 16, 2013
Sold by
Brooks Joanne P Mandisodza
Bought by
Pawlus Claudio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
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
Sorin Gary $735,000 None Available
Pawlus Claudio $250,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Denise $300,000
Previous Owner Pawlus Claudio $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $735,000 0.0% $231 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $735,000 -- $231 / 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 $10,927 $726,500 $324,800 $401,700
2024 $10,927 $726,500 $324,800 $401,700
2023 $11,050 $726,500 $324,800 $401,700
2022 $9,299 $726,500 $324,800 $401,700
2021 $9,583 $726,500 $324,800 $401,700
2020 $9,583 $726,500 $324,800 $401,700
2019 $9,110 $726,500 $324,800 $401,700
2018 $9,190 $726,500 $324,800 $401,700
2017 $8,849 $724,100 $324,800 $399,300
2016 $5,229 $427,900 $328,500 $99,400
2015 $4,917 $427,900 $328,500 $99,400
2014 $4,917 $427,900 $328,500 $99,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168937

Cape May County Association of REALTORS®

APN: 12 00009-0000-00010- 01