NOT LISTED FOR SALE

2 Arthurs Ct Cape May, NJ 08204

Estimated Value: $875,000 - $1,243,000

4 Beds
4 Baths
4,000 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $540,000 $135 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,250/month

563 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Wooded Lot
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of February 2019

Minutes to all Cape May Beach attractions, shopping, schools and easy access to major roadways. Shown by appointment only, please contact Listing agent to preview this exclusive property. Home Owner's Association fee is $155 yearly. See Associated Doc. for Survey, Floor Plan, Elevation & List of Improvements. According to FEMA Region 2 Coastal map, this property is NOT in Flood Zone.

Last Agent to Sell the Property

Heijung Park-Colameco

JERSEY CAPE REALTY License #0567325 Listed on: 07/18/2017

Last Buyer's Agent

MARYANN DONAHUE

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,247

Year Built

  • Built in 2003

Lot Details

  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System
  • Wooded Lot

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Loft
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 28 / 497

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,247

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Cul-de-sac, Mainland, Wooded Lot
  • District Township: 05-Lower Township
  • Near: Tabernacle Rd
  • Also Includes: Drapes, Shades, Blinds, Window Treatments
  • Estimated Year Built: 2003
  • New Construction: No
  • Second Address Number: 2
  • Lot Size2: 1.09 Acre
  • Price per Sq Ft: 135
  • Selling Agent1: 3762
  • Selling Office1: 710
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Whirlpool, Tile Flooring
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4000
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Breakfast Nook, Pantry, Laundry/Utility Room, Loft, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, See Remarks
  • Exterior: Vinyl, Wood
  • Outside Features: Patio, Deck, Porch, Grill, Cable TV, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener, Stone Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 28
  • Lot Size: 1-5 Acres

Tax Info

  • Taxes: 8246.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2003
Sold by
Yiannos Nikos
Bought by
Lerro Joseph M and Lerro Ann H
Current Estimated Value
$996,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.46%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Logue Patrick J
Bought by
Yiannos Nikos P and Yiannos Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.79%

Purchase Details

Closed on
Mar 27, 2001
Sold by
Gerhart Robert R
Bought by
Logue Patrick J
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
Lerro Joseph M $437,500 --
Yiannos Nikos P $77,000 --
Logue Patrick J $68,000 --
Logue Patrick J $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelwee Matthew W $427,000
Closed Lerro Joseph M $100,000
Closed Lerro Joseph $230,000
Closed Lerro Joseph M $170,000
Previous Owner Yiannos Nikos P $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $540,000 -5.8% $135 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
07/18/2017 07/18/17 For Sale $573,500 -- $143 / 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 $9,530 $468,300 $127,300 $341,000
2024 $9,530 $468,300 $127,300 $341,000
2023 $9,385 $468,300 $127,300 $341,000
2022 $9,099 $468,300 $127,300 $341,000
2021 $8,804 $468,300 $127,300 $341,000
2020 $8,673 $468,300 $127,300 $341,000
2019 $8,439 $468,300 $127,300 $341,000
2018 $8,242 $468,300 $127,300 $341,000
2017 $8,247 $468,300 $127,300 $341,000
2016 $8,134 $468,300 $127,300 $341,000
2015 $7,872 $468,300 $127,300 $341,000
2014 $7,615 $468,300 $127,300 $341,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177374

Cape May County Association of REALTORS®

APN: 05-00497-01-00028-09