NOT LISTED FOR SALE

5 Cove Dr Cape May, NJ 08204

Estimated Value: $364,717 - $491,000

2 Beds
1 Bath
960 Sq Ft
$447/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $189,900 $198 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,481/month

1 Day on Market

Highlights

  • Wooded Lot
  • Detached Garage
  • Interior Lot
  • Ranch Style House
  • Eat-In Kitchen
  • Patio

About This Home

As of October 2017

This home is located at 5 Cove Dr, Cape May, NJ 08204 since 31 August 2017 and is currently estimated at $428,679, approximately $446 per square foot. This property was built in 1968. 5 Cove Dr 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

Lisa Bassett, GRI

FARRELL REALTY - ncm License #9231632 Listed on: 08/31/2017

Last Buyer's Agent

Lisa Bassett, GRI

FARRELL REALTY - ncm License #9231632 Listed on: 08/31/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 1968

Lot Details

  • Interior Lot
  • Wooded Lot

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Blinds
  • Living Room
  • Dining Area
  • Storage
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 494

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,806

Year Built

Built in 1968

Lot Details

1.61 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Wooded Lot
  • District Township: 05-Lower Township
  • Also Includes: Blinds
  • Estimated Year Built: 1968
  • New Construction: No
  • Lot Size2: 70x154 irr
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Electric
  • Interior Amenities: Storage, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 960
  • Other Rooms: Living Room, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • House Color: white
  • Outside Features: Patio, Storage Building, Cable TV

Garage/Parking

  • Parking Garage: Garage, Detached

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 14
  • Lot Size: 6001-10000 SqFt
  • Zoning: res

Tax Info

  • Taxes: 2806
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 17, 2017
Sold by
Melendez Susan M and Wenke Kristin A
Bought by
Boyd Phillip H
Seller's Agent
Lisa Bassett, GRI
FARRELL REALTY - ncm
Buyer's Agent
Lisa Bassett, GRI
FARRELL REALTY - ncm
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$428,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,779
Avg. Annual Appreciation
10.27%
Original Mortgage
$186,459
Outstanding Balance
$155,954
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$272,725

Purchase Details

Closed on
Feb 11, 2003
Sold by
Mcnamara Dorothy L
Bought by
Wenke Dorothy M

Purchase Details

Closed on
Apr 28, 1999
Sold by
Svard Karla
Bought by
Wenke Dorothy and Mcnamara Dorothy Mcnamara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boyd Phillip H $189,900 Shore Title Agency Inc
Wenke Dorothy M -- --
Wenke Dorothy $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Phillip H $186,459
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $189,900 0.0% $198 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $189,900 -- $198 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $3,277 $161,600 $94,800 $66,800
2024 $3,277 $161,600 $94,800 $66,800
2023 $3,230 $161,600 $94,800 $66,800
2022 $3,132 $161,600 $94,800 $66,800
2021 $3,038 $161,600 $94,800 $66,800
2020 $2,990 $161,600 $94,800 $66,800
2019 $2,915 $161,600 $94,800 $66,800
2018 $2,846 $161,600 $94,800 $66,800
2017 $2,849 $161,600 $94,800 $66,800
2016 $2,805 $161,600 $94,800 $66,800
2015 $2,715 $161,600 $94,800 $66,800
2014 $2,626 $161,600 $94,800 $66,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 178439

Cape May County Association of REALTORS®

APN: 05-00494-22-00014

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