NOT LISTED FOR SALE

27 Elwood Rd Cape May, NJ 08204

Estimated Value: $852,795 - $1,065,000

4 Beds
2 Baths
-- Sq Ft
9,017 Sq Ft Lot

Last Sold June 30, 2016

Last sale price $400,000

Est. 140% increase in value since last sale

Current estimated payment $5,897/month

111 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Porch
  • Cathedral Ceiling
  • Corner Lot
  • Walk-In Closet

About This Home

As of June 2016

Located in Town Bank, a unique section of Lower Township you will find this brand-new four bedroom, 2 1/2 bath home has all these special touches... Beautiful hardwood floor, stainless appliances, quartz counter top, neutral shades of carpet and walls, crown molding, large closets, open floor plan, a gas fireplace, and a first floor master suite. On the outside, irrigation system, brick paver driveway, walk and patio. And if that's not enough you are just a short walk from the Delaware Bay and those gorgeous year round sunsets. All that is needed is your personal touches to make this your home. 10 year home owner warranty.

Last Agent to Sell the Property

Michael DiStefano

FARRELL REALTY Listed on: 02/10/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,966

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Corner Lot
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 528

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,966

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Estimated Year Built: 2015
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 90
  • Outside Features: Patio, Porch, Cable TV, Sprinkler System

Utilities

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

Lot Info

  • Lot Number: 1
  • Lot Size: 90 X 100
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 05005280000000010000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Jun 30, 2016
Sold by
Distefano Michael J
Bought by
Tatem Diana L
Seller's Agent
Michael DiStefano
FARRELL REALTY
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%
Current Estimated Value
$960,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,449
Avg. Annual Appreciation
10.37%
Original Mortgage
$320,000
Outstanding Balance
$259,505
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$727,288

Purchase Details

Closed on
May 1, 2015
Sold by
Helmstetter Bruce and Helmstetter Linda
Bought by
Distefano Michael J

Purchase Details

Closed on
Jan 2, 2004
Sold by
Quinlan Mary V
Bought by
Helmstetter Linda and Helmstetter Bruce

Purchase Details

Closed on
Nov 1, 1994
Sold by
Richard H St John
Bought by
Quinlan Mary V
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
Tatem Diana L $400,000 Shore Title Agency Inc
Distefano Michael J $126,700 --
Helmstetter Linda $165,000 --
Helmstetter Bruce $165,000 The Title Company Of Jersey
Quinlan Mary V $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatem Diana L $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $400,000 -2.4% --
05/31/2016 05/31/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $409,900 -- --
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 $7,966 $392,800 $128,000 $264,800
2024 $7,966 $392,800 $128,000 $264,800
2023 $7,852 $392,800 $128,000 $264,800
2022 $7,612 $392,800 $128,000 $264,800
2021 $7,385 $392,800 $128,000 $264,800
2020 $7,267 $392,800 $128,000 $264,800
2019 $7,086 $392,800 $128,000 $264,800
2018 $6,614 $375,600 $128,000 $247,600
2017 $6,622 $375,600 $128,000 $247,600
2016 $2,222 $128,000 $128,000 $0
2015 $2,150 $128,000 $128,000 $0
2014 $2,080 $128,000 $128,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168428

Cape May County Association of REALTORS®

APN: 05-00528-0000-00001