NOT LISTED FOR SALE

5 Beverly Rd Cape May, NJ 08204

Estimated Value: $982,000 - $1,052,000

4 Beds
3 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold October 02, 2015

Last sale price $455,000

Est. 123% increase in value since last sale

Current estimated payment $5,959/month

98 Days on Market

Highlights

  • Water Views
  • 2-Story Property
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of October 2015

Charming light filled shore home on a huge 100 x 100 lot only four houses to the Delaware Bay beaches and sunsets and full of extras and pleasant surprises! When you think of a seaside escape this is the home that your mind envisions. It offers all of the amenities you want with the by-the-shore décor and appeal. Enter this home into a wonderful open floor plan with vaulted ceilings, relaxing coastal finishes and hardwood flooring. The kitchen offers counter seating, a wall oven, drop in gas stove, dishwasher, side-by-side fridge, strategic cabinetry and pull outs and a wonderful pantry. The cabinets are all solid wood one-of-a-kind custom hand crafted original pieces in a natural finish. They give the space a rustic beachy feel ideal for seashore living. The layout is perfect for entertaining with the dining area and family room all open to the kitchen. There are sliders to breezy front porch for summer mornings having coffee and looking out over the bay. An old world cobblestone walkway takes you the few steps out to the road and down to the area's most natural beaches. Another set of sliders open to the enormous side yard that would be perfect for a pool and cabana, a big garage or that garden you've been meaning to plant. Maybe you want to add on to the home? Plenty of room for that, too. An additional living room on the Western side of the home offers lovely bay views and an extra living space. Conveniently located on the first floor is the master bedroom with its own private bathroom finished in tile. There is also another tile full bath on the first floor and a guest bedroom. Well-constructed wooden spiral stairs take you to a second floor third bedroom with ample storage and Bay views. In addition to all of this, there is a complete mother-in-law unit that is attached but has its own entrance as well. The unit offers a bedroom, full bathroom, Washer and Dryer and roomy open kitchen complete with all appliances, dining area and living room with sliders to the back yard. There is a door from the main house into the unit so it could easily be a part of the main home or separate. Your choice. Just think, you could have a sweet guest cottage for friends and family or you could incorporate it into the main home. Lots of possibilities. This home underwent a complete renovation and was custom constructed for optimal strength and economy of utilities in 2001(one half) and then in 2009 (the other half). The basement is concrete, dry as a bone, has electric, is equipped with convenient shut offs and is super solid. The home is connected to city water but the hose bibs remain on the well to keep expenses low. There is a water softener in place for the home and an on demand hot water heater and of course Central Air and Natural Gas heat. Detached garage has electricity, is original and sold in as-is condition. Furnishings are included minus a few personal pieces to be outlined in an inventory list during attorney review. (Washer/Dryer and Fridge and all furnishings in Mother-in-Law suite NOT included in sale) This home rented previously for $1600 per week but the sellers only rented a few weeks as they chose to use the home. Current rental rates could be $2000-$2300 per week peak season. Easy to show. Lockbox.

Last Agent to Sell the Property

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm Listed on: 05/27/2015

LONG & FOSTER REAL ESTATE, INC cm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,177

Lot Details

  • Building is beachfront but unit may not have water views

Parking

  • 1.5 Car Detached Garage

Home Design

  • 2-Story Property
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Cathedral Ceiling
  • Blinds
  • Living Room
  • Dining Area
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15-19 / 537

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,177

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Water View
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Also Includes: Blinds, Partial Furniture
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Walk in Closet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Partial, Crawl Space
  • Other Rooms: Living Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Storage Attic, 1st Floor Master Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch, Two Story
  • Exterior: Vinyl
  • Outside Features: Enclosed/Covered Patio, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 15-19
  • Lot Size: 100 x 100
  • Lot Size Range: 10000-20000 SqFt

Tax Info

  • Taxes: > 4177.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Oct 2, 2015
Sold by
Routt Deborah A and Routt Douglas W
Bought by
Chafey Robert R and Chafey Mary C Mclean
Seller's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
List Price
$539,000
Sold Price
$455,000
Premium/Discount to List
-$84,000
-15.58%
Current Estimated Value
$1,015,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,202
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Nov 22, 1994
Sold by
Strickland Marie A Fletcher
Bought by
Reeves Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.81%

Purchase Details

Closed on
Apr 4, 1990
Sold by
Fltcherarthur
Bought by
Fletcher Marie
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
Chafey Robert R $455,000 The Title Company Of Jersey
Reeves Deborah A $85,000 --
Fletcher Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reeves Deborah A $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold $455,000 -15.6% --
09/02/2015 09/02/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $539,000 -- --
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 $6,674 $329,100 $158,000 $171,100
2024 $6,674 $329,100 $158,000 $171,100
2023 $6,579 $329,100 $158,000 $171,100
2022 $6,378 $329,100 $158,000 $171,100
2021 $6,187 $329,100 $158,000 $171,100
2020 $6,088 $329,100 $158,000 $171,100
2019 $5,937 $329,100 $158,000 $171,100
2018 $5,795 $329,100 $158,000 $171,100
2017 $5,802 $329,100 $158,000 $171,100
2016 $5,713 $329,100 $158,000 $171,100
2015 $3,983 $237,100 $158,000 $79,100
2014 $3,853 $237,100 $158,000 $79,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164284

Cape May County Association of REALTORS®

APN: 05-00537-0000-00015