NOT LISTED FOR SALE

38 Cormorant Way Cape May, NJ 08204

Estimated Value: $576,000 - $654,000

3 Beds
2 Baths
-- Sq Ft
1.61 Acres

Last Sold October 17, 2017

Last sale price $280,000

Est. 117% increase in value since last sale

Current estimated payment $3,644/month

67 Days on Market

Highlights

  • Spa
  • Deck
  • Fenced Yard
  • Colonial Architecture
  • Breakfast Area or Nook
  • Cul-De-Sac

About This Home

As of October 2017

This home is located at 38 Cormorant Way, Cape May, NJ 08204 since 07 July 2017 and is currently estimated at $607,039. 38 Cormorant Way is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.

Last Agent to Sell the Property

John Soda

SHORE KEY REALTY, LLC Listed on: 07/07/2017

Last Buyer's Agent

Bryan Steere

BLUE HOMES REAL ESTATE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,582

Lot Details

  • Lot Dimensions are 70x112
  • Cul-De-Sac
  • Fenced Yard

Parking

  • 1.5 Car Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Crawl Space
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 48 / 496

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,582

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cul-de-sac
  • District Township: 05-Lower Township
  • Also Includes: Drapes, Curtains, Blinds, Window Treatments
  • New Construction: No
  • Second Address Number: 38
  • Lot Size2: 70x112
  • Selling Agent1: 3266
  • Selling Office1: 537
  • OFFICELIST_STATE: NJ
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wall to Wall Carpet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Breakfast Nook, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story, Colonial
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Fenced Yard, Storage Building, Outside Shower, Whirpool/Spa

Garage/Parking

  • Parking Garage: Garage, 1.5 Car

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 48
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 4582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Oct 17, 2017
Sold by
Wermuth Charles and Wermuth Patricia M
Bought by
Deshields Eric and Hoff Kelli
Seller's Agent
John Soda
SHORE KEY REALTY, LLC
Buyer's Agent
Bryan Steere
BLUE HOMES REAL ESTATE LLC
List Price
$284,900
Sold Price
$280,000
Premium/Discount to List
-$4,900
-1.72%
Current Estimated Value
$607,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,039
Avg. Annual Appreciation
10.14%
Original Mortgage
$270,655
Outstanding Balance
$224,105
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$382,934

Purchase Details

Closed on
Aug 23, 2002
Sold by
Farrell Ralph
Bought by
Wermuth Charles and Wermuth Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deshields Eric $280,000 None Available
Wermuth Charles $169,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deshields Eric $270,655
Previous Owner Wermuth Charles $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $280,000 -1.7% --
09/17/2017 09/17/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $284,900 -- --
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 $5,530 $273,200 $110,500 $162,700
2024 $5,530 $273,200 $110,500 $162,700
2023 $5,442 $273,200 $110,500 $162,700
2022 $5,281 $273,200 $110,500 $162,700
2021 $5,117 $273,200 $110,500 $162,700
2020 $5,032 $273,200 $110,500 $162,700
2019 $4,912 $273,200 $110,500 $162,700
2018 $4,800 $273,200 $110,500 $162,700
2017 $4,800 $273,200 $110,500 $162,700
2016 $4,735 $273,200 $110,500 $162,700
2015 $4,584 $273,200 $110,500 $162,700
2014 $4,418 $273,200 $110,500 $162,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 177169

Cape May County Association of REALTORS®

APN: 05-00496-29-00048