NOT LISTED FOR SALE

2 Edgewater Rd Cape May, NJ 08204

Estimated Value: $572,000 - $645,675

3 Beds
2 Baths
-- Sq Ft
1.95 Acres

Last Sold July 09, 2021

Last sale price $399,000

Est. 50% increase in value since last sale

Current estimated payment $3,571/month

32 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • Living Room
  • Corner Lot
  • Fenced Yard
  • Laundry Room

About This Home

As of July 2021

Please use caution when viewing the property. Beam is cracked between two bedrooms and house is presently in the process of being gutted.

Last Agent to Sell the Property

Christina Cavalier

FARRELL REALTY - ncm License #0453277 Listed on: 02/01/2021

Last Buyer's Agent

Michael Mavromates

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 85 x 141
  • Fenced Yard
  • Corner Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Great Room
  • Living Room
  • Storage
  • Laundry Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 12 / 494 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,532

Year Built

Built in 1976

Lot Details

1.95 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 05-Lower Township
  • Estimated Year Built: 1976
  • New Construction: No
  • Lot Size2: 85 x 141
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Included: Range, Oven
  • Interior Amenities: Storage, Laminate Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • House Color: White
  • Outside Features: Fenced Yard, Sidewalks

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12
  • Lot Size: 10000-20000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 3531.65
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jul 21, 2021
Sold by
101 Briarwood Ave Llc
Bought by
Riera Gerard and Riera Jill
Seller's Agent
Christina Cavalier
FARRELL REALTY - ncm
Buyer's Agent
Michael Mavromates
LONG & FOSTER REAL ESTATE, INC av
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$600,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,419
Avg. Annual Appreciation
9.25%
Original Mortgage
$319,200
Outstanding Balance
$289,890
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,529

Purchase Details

Closed on
Jan 6, 2021
Sold by
Gallagher Johanna R Est
Bought by
101 Briarwood Avenue Llc

Purchase Details

Closed on
Mar 28, 2016
Sold by
Gallagher Johanna and Gallagher Johanna
Bought by
Gallagher Johanna

Purchase Details

Closed on
Jan 22, 2001
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riera Gerard $399,000 Misc Company
Riera Gerard $399,000 Shore Title
101 Briarwood Avenue Llc $210,000 Misc Company
Gallagher Johanna -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riera Gerard $319,200
Closed Riera Gerard $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $399,000 0.0% --
03/05/2021 03/05/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $399,000 -- --
Source: Cape May County Association of REALTORS®

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 $5,737 $282,900 $111,300 $171,600
2024 $5,737 $282,900 $111,300 $171,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210401

Cape May County Association of REALTORS®

APN: 05-00494-14-00012

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