NOT LISTED FOR SALE

365 Corson Ln Cape May, NJ 08204

Estimated Value: $306,000 - $406,000

2 Beds
1 Bath
912 Sq Ft
$383/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $65,000 $71 Per Sq Ft

Est. 437% increase in value since last sale

Current estimated payment $2,108/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of March 2014

See agent remarks for offer instructions. Property is being sold AS IS. REO property. Offers responded to with in 24 to 48 hours.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 03/07/2014

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office Listed on: 03/07/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,183

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 125

Home Design

  • Cape Cod Architecture

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 46

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,183

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Room Count: 5
  • Room List: Primary Bedroom

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 90 X 125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11249.00
  • Property Attached Yn: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3762903
  • Tax Annual Amount: 2183.00
  • Tax Lot: 46
  • Tax Year: 2013
  • Close Date: 03/28/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
Mar 26, 2014
Sold by
Kondaur Capital Corporation
Bought by
Leconey Howard R and Carusi Denise R
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Current Estimated Value
$348,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,906
Avg. Annual Appreciation
14.44%

Purchase Details

Closed on
Nov 26, 2013
Sold by
Steelman Joseph H and Steelman Debra
Bought by
Kondaur Capital Corporation

Purchase Details

Closed on
Nov 1, 2005
Sold by
Gellura Theresa J and Gellura Adam L
Bought by
Steelman Joseph H and Steelman Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,354
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2000
Sold by
Schiffbauer Paul J
Bought by
Cotton Theresa J and Gellura Adam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1995
Sold by
Smarkol Edward
Bought by
Schiffbauer Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.37%
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
Leconey Howard R $65,000 The Title Company Of Jersey
Kondaur Capital Corporation -- None Available
Steelman Joseph H $210,000 The Title Company Of Jersey
Cotton Theresa J $90,000 --
Schiffbauer Paul $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steelman Joseph H $208,354
Previous Owner Cotton Theresa J $89,900
Previous Owner Schiffbauer Paul $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $65,000 +8.5% $71 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $59,900 -- $66 / Sq Ft
Source: Bright MLS

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 $2,666 $131,000 $89,700 $41,300
2024 $2,666 $131,000 $89,700 $41,300
2023 $2,625 $131,000 $89,700 $41,300
2022 $2,545 $131,000 $89,700 $41,300
2021 $2,463 $131,000 $89,700 $41,300
2020 $2,426 $131,000 $89,700 $41,300
2019 $2,361 $131,000 $89,700 $41,300
2018 $2,306 $131,000 $89,700 $41,300
2017 $2,307 $131,000 $89,700 $41,300
2016 $2,275 $131,000 $89,700 $41,300
2015 $2,202 $131,000 $89,700 $41,300
2014 $2,130 $131,000 $89,700 $41,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004455621

Bright MLS

APN: 05-00485-0000-00046