NOT LISTED FOR SALE

5 Clay Ct Cape May, NJ 08204

Estimated Value: $900,000

4 Beds
2 Baths
2,281 Sq Ft
$395/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $435,000 $191 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,450/month

66 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Bar
  • Cathedral Ceiling
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of November 2019

This home is located at 5 Clay Ct, Cape May, NJ 08204 since 11 June 2019 and is currently estimated at $900,000, approximately $394 per square foot. This property was built in 2001. 5 Clay Ct is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Last Agent to Sell the Property

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm Listed on: 06/11/2019

LONG & FOSTER REAL ESTATE, INC cm

Last Buyer's Agent

Charleen Ritchie

Coldwell Banker James C Otton Real Estate - CMCH License #1222127

Coldwell Banker James C Otton Real Estate - CMCH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,602

Year Built

  • Built in 2001

Lot Details

  • Cul-De-Sac
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,281 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 11 / 741.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,602

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cul-de-sac
  • District Township: 05-Lower Township
  • Also Includes: Blinds
  • Estimated Year Built: 2001
  • New Construction: No
  • Second Address Number: 5
  • Lot Size2: 1AC
  • Price per Sq Ft: 190.71
  • Selling Agent1: 3718
  • Selling Office1: 9
  • OFFICELIST_STATE: NJ
  • Street Designation: Court
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Full, Inside Entrance, Masonry Floors/Wall
  • Estimated Living Sq Ft: 2281
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Two Story
  • Exterior: Brick, Vinyl
  • Outside Features: Deck, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Auto Door Opener

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Electric
  • Sewer: Private
  • Water: City

Lot Info

  • Lot Number: 11
  • Lot Size: 1/4 to 1 Acre

Tax Info

  • Taxes: 7602
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Nov 13, 2019
Sold by
Gore Gregory G
Bought by
Carbone Stephen A
Seller's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Charleen Ritchie
Coldwell Banker James C Otton Real Estate - CMCH
List Price
$464,900
Sold Price
$435,000
Premium/Discount to List
-$29,900
-6.43%
Current Estimated Value
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,000
Avg. Annual Appreciation
12.97%
Original Mortgage
$348,000
Outstanding Balance
$306,455
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$593,545

Purchase Details

Closed on
Dec 13, 2001
Sold by
Lawrence A Pray Inc
Bought by
Gore Gregory G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.84%
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
Carbone Stephen A $435,000 Surety Title
Gore Gregory G $343,605 --
-- $343,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carbone Stephen A $348,000
Previous Owner -- $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $435,000 -6.4% $191 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $464,900 -- $204 / 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
2025 $8,755 $470,600 $165,000 $305,600
2024 $8,755 $431,700 $165,000 $266,700
2023 $8,630 $431,700 $165,000 $266,700
2022 $8,366 $431,700 $165,000 $266,700
2021 $8,116 $431,700 $165,000 $266,700
2020 $7,986 $431,700 $165,000 $266,700
2019 $7,788 $431,700 $165,000 $266,700
2018 $7,602 $431,700 $165,000 $266,700
2017 $7,611 $431,700 $165,000 $266,700
2016 $7,494 $431,700 $165,000 $266,700
2015 $7,253 $431,700 $165,000 $266,700
2014 $7,015 $431,700 $165,000 $266,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 188802

Cape May County Association of REALTORS®

APN: 05-00741-03-00011-11