NOT LISTED FOR SALE

306 Wayne Ave Cape May, NJ 08204

Estimated Value: $483,000 - $574,000

3 Beds
2 Baths
1,170 Sq Ft
$456/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2017

Last sale price $180,000 $154 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $3,225 / mo

5 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Interior Lot
  • Ranch Style House
  • Enclosed Patio or Porch
  • Living Room

About This Home

As of January 2017

The home is being sold in AS IS condition. Buyer may perform inspections for informational purpose only. No repair list (should any arise from inspection) will be submitted to the seller.

Last Agent to Sell the Property

Kathleen Satt

deSatnick Real Estate LLC - Cape May Listed on: 11/18/2016

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 95x103
  • Fenced Yard
  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • Living Room
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 597

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,611

Year Built

Built in 1959

Lot Details

2.18 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Near: Bay, Ferry, Shopping
  • Estimated Year Built: 1959
  • New Construction: No
  • Lot Size2: 95x103
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Appliances Included: Smoke/Fire Detector
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Estimated Living Sq Ft: 1170
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • House Color: White
  • Outside Features: Deck, Enclosed/Covered Patio, Porch, Fenced Yard, Sidewalks

Garage/Parking

  • Parking Garage: 2 Car, Concrete Driveway

Utilities

  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 10
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3610.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Jan 27, 2017
Sold by
Tolley Cynthia and Scheff Jeremy
Bought by
Rechner Kevin J and Rechner Nicole M
Seller's Agent
Kathleen Satt
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$533,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,329
Avg. Annual Appreciation
12.57%
Original Mortgage
$144,000
Outstanding Balance
$119,624
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$413,705

Purchase Details

Closed on
Sep 30, 1999
Sold by
Kennedy Denise
Bought by
Tolley Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
7.8%

Purchase Details

Closed on
Apr 30, 1991
Sold by
Cinclini Mary E
Bought by
Kennedy Denise
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
Rechner Kevin J $180,000 The Title Company Of Jersey
Tolley Cynthia $113,000 --
Kennedy Denise $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rechner Kevin J $144,000
Previous Owner Tolley Cynthia $90,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $180,000 0.0% $154 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $180,000 -- $154 / Sq Ft
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 $4,218 $208,000 $128,000 $80,000
2024 $4,218 $208,000 $128,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 173436

Cape May County Association of REALTORS®

APN: 05-00597-0000-00010

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