NOT LISTED FOR SALE

5 Cormorant Way Cape May, NJ 08204

Estimated Value: $527,000 - $610,000

3 Beds
2 Baths
1,803 Sq Ft
$324/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $418,000 $232 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,530/month

9 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Fenced Yard
  • Cathedral Ceiling
  • Great Room
  • Cul-De-Sac

About This Home

As of July 2023

This home is located at 5 Cormorant Way, Cape May, NJ 08204 since 04 May 2023 and is currently estimated at $584,812, approximately $324 per square foot. This property was built in 1999. 5 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

Susan Murphy

RE/MAX PROPERTIES LTD Listed on: 05/04/2023

RE/MAX PROPERTIES LTD

Last Buyer's Agent

Gina M Catinella

HOFFMAN AGENCY License #1866548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1999

Lot Details

  • Cul-De-Sac
  • Fenced Yard

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,803 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 00075 / 00496 29

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,304

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Seasonal: XXX
  • Location: Cul-de-sac
  • District Township: 05-Lower Township
  • Also Includes: Blinds
  • Estimated Year Built: 1999
  • New Construction: No
  • Second Address Number: 5
  • Lot Size2: .25
  • Price per Sq Ft: 231.84
  • Selling Agent1: 5324
  • Selling Office1: 717
  • OFFICELIST_STATE: NJ
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas, 1778
  • Interior Amenities: Cathedral Ceilings, Wall to Wall Carpet, Laminate Flooring, 1763
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1803
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Florida Room, Great Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Attached

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 00075
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 274400

Tax Info

  • Taxes: 5304
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 28, 2023
Sold by
Price Maria R
Bought by
Shawver Raymond P and Shawver Stefanie T
Seller's Agent
Susan Murphy
RE/MAX PROPERTIES LTD
Buyer's Agent
Gina M Catinella
HOFFMAN AGENCY
List Price
$399,900
Sold Price
$418,000
Premium/Discount to List
$18,100
4.53%
Views
309
Current Estimated Value
$584,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,812
Avg. Annual Appreciation
15.65%
Original Mortgage
$292,600
Outstanding Balance
$289,319
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$295,493

Purchase Details

Closed on
Feb 2, 2023
Sold by
Price Maria R
Bought by
Price Maria R

Purchase Details

Closed on
Sep 17, 1999
Sold by
Farrell Ralph
Bought by
Domico Ralph and Domico Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
8.1%
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
Shawver Raymond P $418,000 Infinity Title
Price Maria R -- --
Price Maria R -- None Listed On Document
Domico Ralph $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shawver Raymond P $292,600
Previous Owner Domico Ralph $102,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $418,000 +4.5% $232 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $399,900 -- $222 / 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 $5,554 $274,400 $118,400 $156,000
2024 $5,554 $274,400 $118,400 $156,000
2023 $5,466 $274,400 $118,400 $156,000
2022 $5,304 $274,400 $118,400 $156,000
2021 $4,357 $274,400 $118,400 $156,000
2020 $5,054 $274,400 $118,400 $156,000
2019 $4,934 $274,400 $118,400 $156,000
2018 $4,821 $274,400 $118,400 $156,000
2017 $4,821 $274,400 $118,400 $156,000
2016 $4,755 $274,400 $118,400 $156,000
2015 $4,604 $274,400 $118,400 $156,000
2014 $4,437 $274,400 $118,400 $156,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Susan Murphy

    RE/MAX PROPERTIES LTD

    Section Image

  • G

    Buyer's Agent in 2023

    Gina M Catinella

    HOFFMAN AGENCY

    (609) 238-0223

    5 in this area

    12 Total Sales

    Gina M Catinella
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 231167

Cape May County Association of REALTORS®

APN: 05-00496-29-00075

New Jersey Cape May County Cape May 08204

5 Cormorant Way, Cape May, NJ

This home is located at 5 Cormorant Way, Cape May, NJ 08204 since 04 May 2023 and is currently estimated at $584,812, approximately $324 per square foot. This property was built in 1999. 5 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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