NOT LISTED FOR SALE

490 W Perry St Cape May, NJ 08204

Estimated Value: $1,042,346 - $1,368,000

4 Beds
2 Baths
1,632 Sq Ft
$696/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $450,000 $276 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $6,629/month

104 Days on Market

Highlights

  • Island Location
  • Victorian Architecture
  • Porch
  • Wood Flooring
  • Fenced Yard
  • 1-minute walk to Wilbraham Park

About This Home

As of October 2017

This home is located at 490 W Perry St, Cape May, NJ 08204 since 30 May 2017 and is currently estimated at $1,136,087, approximately $696 per square foot. This property was built in 1900. 490 W Perry St is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 05/30/2017

Co-Listed By

Ami Menz

COASTLINE REALTY, LLC License #0447526

Last Buyer's Agent

Non-Member Non-Member

Non Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,285

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 25 x 103
  • Fenced Yard
  • Cleared Lot

Home Design

  • Victorian Architecture
  • Twin Home

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Storage In Attic

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / 1032

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,285

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Twin
  • Location: Cleared Lot, Inside Lot, Island
  • District Township: 02-Cape May City
  • Near: Wilbraham Park
  • Also Includes: Partial Furniture, Window Treatments
  • Estimated Year Built: 1900
  • New Construction: No
  • Second Address Number: 490
  • Listing Office2: 20
  • Lot Size2: 25 x 103
  • Price per Sq Ft: 275.74
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1632
  • Other Rooms: Living Room, Dining Room, Kitchen, Storage Attic, Laundry Closet

Exterior Features

  • Construction: Two Story, Victorian
  • Exterior: Shingle
  • Frontage: 25
  • Outside Features: Patio, Porch, Fenced Yard, Outside Shower

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Heating: Gas Natural, Space/Wall/Floor
  • Hot Water: Electric
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 3285
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Oct 26, 2017
Sold by
Romberger Matthew F and Romberger Kelly A
Bought by
Ragonese David M and Ragonese Sandra R
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$490,000
Sold Price
$450,000
Premium/Discount to List
-$40,000
-8.16%
Current Estimated Value
$1,136,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,087
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
May 23, 2008
Sold by
White Michael and Mcclung Robert
Bought by
Romberger Matthew F and Romberger Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Labriola Elena H and Labriola Richard
Bought by
White Michael and Mcclung Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac
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
Ragonese David M $450,000 None Available
Romberger Matthew F $440,000 None Available
White Michael $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayser $43,000
Previous Owner Romberger Matthew F $351,757
Previous Owner Romberger Matthew F $352,000
Previous Owner White Michael $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Sold $450,000 -8.2% $276 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $490,000 -- $300 / 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
2024 $4,251 $402,200 $344,300 $57,900
2023 $4,320 $402,200 $344,300 $57,900
2022 $4,151 $402,200 $344,300 $57,900
2021 $4,094 $402,200 $344,300 $57,900
2020 $3,901 $402,200 $344,300 $57,900
2019 $3,970 $402,200 $344,300 $57,900
2018 $3,744 $402,200 $344,300 $57,900
2017 $3,490 $394,800 $344,300 $50,500
2016 $3,285 $394,800 $344,300 $50,500
2015 $3,415 $394,800 $344,300 $50,500
2014 $3,415 $394,800 $344,300 $50,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176551

Cape May County Association of REALTORS®

APN: 02-01032-0000-00005