NOT LISTED FOR SALE

328 Park Ln Cape May, NJ 08204

Estimated Value: $341,000 - $517,000

2 Beds
1 Bath
800 Sq Ft
$562/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $35,000 $44 Per Sq Ft

Est. 1,135% increase in value since last sale

Current estimated payment $2,774/month

243 Days on Market

Highlights

  • Ranch Style House
  • Screened Porch
  • Living Room
  • Corner Lot
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

As of June 2015

A 2 bedroom, 1 bathroom home with front sun porch and rear screen porch on a large 105' x 100' corner lot. At the intersection of Myrtle and Park Lane, in the Erma section of Lower Township, this property contains lots of mature vegetation. The cinder block and stucco construction home is a great candidate for expansion and renovation or for re-development of the large corner lot. Conveniently located near the shops and grocery stores of Rio Grande and a short hop into Cape May and Wildwood or onto the Garden State Parkway. Easy to show. Call for lockbox code. Seller has had the property inspected and determined that there is only a cesspool on the lot. As a result, the Seller has lowered the asking price and at this reduced price, Buyer will have to absorb the cost of installing a new septic system to bring the property up to code.

Last Agent to Sell the Property

James Cheney

JERSEY CAPE REALTY Listed on: 09/26/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • Corner Lot

Home Design

  • Ranch Style House
  • Stucco

Interior Spaces

  • 800 Sq Ft Home
  • Living Room
  • Screened Porch
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Well

Listing and Financial Details

  • Legal Lot and Block 11 / 459

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Mainland
  • District Township: 05-Lower Township
  • Near: Rio Grande
  • Estimated Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 800
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Stucco
  • Frontage: 105
  • House Color: White
  • Outside Features: Porch, Screened Porch

Utilities

  • Heating: Oil, Baseboard, Hot Water
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 11
  • Lot Size: 105 x 100
  • Total Assessment: 133300
  • Lot Size Range: 10000-20000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 2167.46
  • Assessor Parcel Number: 05004590000000110000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Jun 25, 2015
Sold by
Ziemba Francis Anthony
Bought by
Mcbride Stephanie
Seller's Agent
James Cheney
JERSEY CAPE REALTY
List Price
$99,900
Sold Price
$35,000
Premium/Discount to List
-$64,900
-64.96%
Current Estimated Value
$432,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,293
Avg. Annual Appreciation
27.82%
Source: Public Records

Range of Values:

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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
Mcbride Stephanie $35,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Stephanie M $200,000
Closed Mcbridge Stephanie M $180,000
Closed Mcbride Stephanie M $27,000
Closed Mcbride Stephanie $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $35,000 -65.0% $44 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
09/26/2014 09/26/14 For Sale $99,900 -- $125 / Sq Ft
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 $4,880 $239,800 $91,500 $148,300
2024 $4,880 $239,800 $91,500 $148,300
2023 $4,806 $239,800 $91,500 $148,300
2022 $4,659 $239,800 $91,500 $148,300
2021 $4,086 $239,800 $91,500 $148,300
2020 $4,441 $239,800 $91,500 $148,300
2019 $4,321 $239,800 $91,500 $148,300
2018 $4,220 $239,800 $91,500 $148,300
2017 $1,611 $91,500 $91,500 $0
2016 $1,589 $91,500 $91,500 $0
2015 $2,241 $133,300 $91,500 $41,800
2014 $2,167 $133,300 $91,500 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 160268

Cape May County Association of REALTORS®

APN: 05-00459-0000-00011