NOT LISTED FOR SALE

47 W Cape May Ave Ocean Gate, NJ 08740

Estimated Value: $391,000 - $427,000

3 Beds
2 Baths
1,040 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 47 W Cape May Ave, Ocean Gate, NJ 08740 and is currently estimated at $406,101, approximately $390 per square foot. 47 W Cape May Ave is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2001
Sold by
Velluto Michael
Bought by
Dillon Francis and Dillon Frank
Current Estimated Value
$403,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
6.98%

Purchase Details

Closed on
May 22, 2000
Sold by
H U D
Bought by
Velluto Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,150
Interest Rate
8.1%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Malone Sean and Malone Dawn
Bought by
Phh Mtg Services

Purchase Details

Closed on
Mar 10, 1998
Sold by
Malone Sean
Bought by
Berger Daniel E

Purchase Details

Closed on
Dec 12, 1995
Sold by
Laffey William
Bought by
Malone Sean

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
7.43%
Mortgage Type
FHA
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.

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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.

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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.

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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.

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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
Dillon Francis $123,000 --
Velluto Michael $80,200 --
Phh Mtg Services -- --
Berger Daniel E -- --
Malone Sean $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillon Francis E $108,699
Closed Dillon Francis $116,850
Previous Owner Velluto Michael $76,150
Previous Owner Malone Sean $85,000
Source: Public Records

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
2024 $4,722 $333,400 $180,000 $153,400
2023 $4,349 $156,400 $70,000 $86,400
2022 $4,349 $156,400 $70,000 $86,400
2021 $4,163 $156,400 $70,000 $86,400
2020 $4,196 $156,400 $70,000 $86,400
2019 $4,095 $156,400 $70,000 $86,400
2018 $3,952 $156,400 $70,000 $86,400
2017 $3,923 $156,400 $70,000 $86,400
2016 $3,891 $156,400 $70,000 $86,400
2015 $4,021 $197,300 $115,000 $82,300
2014 $4,039 $197,300 $115,000 $82,300
Source: Public Records

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