NOT LISTED FOR SALE

305 Monomy Terrace Cape May, NJ 08204

Estimated Value: $554,000 - $751,000

3 Beds
2 Baths
1,228 Sq Ft
$536/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2017

Last sale price $370,000 $301 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,960 / mo

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Ranch Style House
  • Corner Lot
  • Walk-In Closet

About This Home

As of November 2017

Seller disclosure in Associated Docs

Last Agent to Sell the Property

Christine Lynn

RE/MAX SURFSIDE License #0336886 Listed on: 08/22/2017

RE/MAX SURFSIDE

Co-Listed By

Brian Groetsch

RE/MAX SURFSIDE License #0451111

Last Buyer's Agent

Lisa Ransom

ATLANTIS REALTY License #0446447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,170

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 75x100
  • Corner Lot
  • Sprinkler System

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,228 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air 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 11 / 753

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,170

Year Built

Built in 1987

Lot Details

1.72 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Mainland
  • District Township: 05-Lower Township
  • Estimated Year Built: 1987
  • New Construction: No
  • Listing Office2: 612
  • Lot Size2: 75x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Terrace
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1228
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Deck, Cable TV, Sidewalks, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 11
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 4169.88
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Nov 13, 2017
Sold by
Bought by
Seller's Agent
Christine Lynn
RE/MAX SURFSIDE
Buyer's Agent
Lisa Ransom
ATLANTIS REALTY
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$658,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,030
Avg. Annual Appreciation
6.90%
Original Mortgage
$296,000
Outstanding Balance
$243,061
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$414,969

Purchase Details

Closed on
Dec 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 1993
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1969
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.8%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$370,000 None Available
$34,250,000 None Available
$124,000 --
$9,011,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $296,000
Previous Owner $74,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/13/2017 11/13/17 Sold $370,000 -1.3% $301 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $375,000 -- $305 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,871 $240,200 $130,000 $110,200
2025 $4,871 $240,200 $130,000 $110,200
2024 $4,871 $240,200 $130,000 $110,200
2023 $4,802 $240,200 $130,000 $110,200
2022 $4,655 $240,200 $130,000 $110,200
2021 $4,516 $240,200 $130,000 $110,200
2020 $4,444 $240,200 $130,000 $110,200
2019 $4,333 $240,200 $130,000 $110,200
2018 $4,230 $240,200 $130,000 $110,200
2017 $4,235 $240,200 $130,000 $110,200
2016 $4,170 $240,200 $130,000 $110,200
2015 $4,005 $238,400 $130,000 $108,400
2014 $3,874 $238,400 $130,000 $108,400
Source: Public Records

Agents Affiliated with this Home

  • Christine Lynn

    Seller's Agent in 2017

    Christine Lynn

    RE/MAX SURFSIDE

    (609) 780-7344

    100 Total Sales

    Christine Lynn
    Section Image
  • Brian Groetsch

    Seller Co-Listing Agent in 2017

    Brian Groetsch

    RE/MAX SURFSIDE

    (609) 972-6339

    114 Total Sales

    Brian Groetsch
    Section Image

  • L

    Buyer's Agent in 2017

    Lisa Ransom

    ATLANTIS REALTY

    (609) 682-1246

    41 Total Sales

    Lisa Ransom
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177799

Cape May County Association of REALTORS®

APN: 05-00753-23-00011

New Jersey Cape May County Cape May 08204

305 Monomy Terrace, Cape May, NJ

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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