NOT LISTED FOR SALE

200 Morrison Cape May, NJ 08204

Estimated Value: $1,745,000 - $2,027,000

5 Beds
4 Baths
2,455 Sq Ft
$764/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,595,000 $650 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,720/month

9 Days on Market

Highlights

  • Island Location
  • Deck
  • Loft
  • West Cape May Elementary School Rated A+
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of January 2024

Closing to take place in 2024. The home has served as a successful vacation rental since the 2021 season. Rental information available in associated docs along with the Seller's Property Disclosure Form. There are currently no rentals encumbering the property after December 2023.

Last Agent to Sell the Property

Micah Yerk

deSatnick Real Estate LLC - Lower Township Listed on: 10/09/2023

Last Buyer's Agent

Christopher Ferzoco

KELLER WILLIAMS REALTY JERSEY SHORE - SIC License #0448907

KELLER WILLIAMS REALTY JERSEY SHORE  - SIC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,826

Year Built

  • Built in 2019

Lot Details

  • 3.79

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,455 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Dining Area
  • Loft
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Sprinkler System
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 2.02 / 63

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,826

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 12-West Cape May
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 2019
  • New Construction: No
  • Lot Size2: 165x122 IR
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Fireplace- Gas, Walk in Closet, Tile Flooring, Vinyl Flooring, 1763
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2455
  • Other Rooms: Dining Area, Laundry/Utility Room, Loft, Great Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • House Color: Yellow
  • Outside Features: Patio, Deck, Porch, Screened Porch, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Attached, Auto Door Opener, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 2.02
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 9826
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Jan 19, 2024
Sold by
Moss Barry A and Moss Heidi L
Bought by
Gary Zorechak Revocable Trust and Zorechak
Seller's Agent
Micah Yerk
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Christopher Ferzoco
KELLER WILLIAMS REALTY JERSEY SHORE - SIC
List Price
$1,595,000
Sold Price
$1,595,000
Views
56
Current Estimated Value
$1,876,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,295
Avg. Annual Appreciation
8.64%
Original Mortgage
$1,338,750
Outstanding Balance
$1,316,108
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$560,187

Purchase Details

Closed on
Sep 29, 2020
Sold by
Meca Investmenrs Llc
Bought by
Moss Barry A and Moss Heidi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,200
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 21, 2018
Sold by
Burton Patricia A and Burton Michel
Bought by
Meca Incestments Llc
Seller's Agent
Joseph Gilmartin
CENTURY 21 GILMARTIN & CO
Buyer's Agent
Joseph Gilmartin
CENTURY 21 GILMARTIN & CO
List Price
$309,000
Sold Price
$310,000
Premium/Discount to List
$1,000
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gary Zorechak Revocable Trust $1,595,000 None Listed On Document
Moss Barry A $826,500 Misc Company
Meca Incestments Llc $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gary Zorechak Revocable Trust $1,338,750
Previous Owner Moss Barry A $661,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $1,595,000 0.0% $650 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $1,595,000 +414.5% $650 / Sq Ft
06/29/2018 06/29/18 Sold $310,000 +0.3% -- View Prior Sale
05/30/2018 05/30/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $309,000 -- --
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 $10,907 $725,200 $271,900 $453,300
2024 $11,030 $725,200 $271,900 $453,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232719

Cape May County Association of REALTORS®

APN: 12-00063-0000-00002-02