NOT LISTED FOR SALE

5 Strawberry Ln Unit Located on Cape Isla Cape May, NJ 08204

Estimated Value: $1,560,617 - $1,842,000

4 Beds
4 Baths
4,299 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $650,000 $151 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $9,881/month

287 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of August 2016

Expansive 4 BR/4 BA estate home situated on 1 acre and located South of the Cape May Canal in Cold Spring. The home is move-in ready with many new upgrades including; natural gas, heated, salt water in-ground pool; on-demand hot water heater; vinyl fencing; storage shed; whole house generator, new irrigation control panels, water softener system and 2 new high-efficiency, Bryant HVAC units. The first level offers Bose hard wired speaker system, a large master suite with attached office/sitting room and deep whirlpool tub, dining room, family room, laundry/mud room, four season sun room and large rear deck. The open floor plan makes entertaining a breeze with a gourmet kitchen, granite counter tops, sitting area, and 2 sinks for prep cooking. Level 2 has a junior suite with private bathroom, 2 additional bedrooms and bathrooms. Laundry rooms on the first and second levels.

Last Agent to Sell the Property

Stacy Hutchinson

deSatnick Real Estate LLC - Cape May Listed on: 10/07/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,771

Year Built

  • Built in 1995

Lot Details

  • Fenced Yard
  • Cleared Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,299 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 10 / 752

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,771

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Cedar Closet
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 13
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4299
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Pantry, Laundry/Utility Room, Florida Room, 1st Floor Master Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard, Storage Building, Outside Shower, In Ground Pool

Garage/Parking

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

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: On Demand
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 10
  • Lot Size: 1.0 Acre
  • Lot Size Range: 1/4 to 1 Acre

Tax Info

  • Tax Database Id: 1
  • Taxes: > 11771.76
  • Assessor Parcel Number: 05007520001000100007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Aug 16, 2016
Sold by
Britcher Elizabeth and Hoke Lori
Bought by
Killeen John E and Killeen Sonja K
Seller's Agent
Stacy Hutchinson
deSatnick Real Estate LLC - Cape May
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$1,656,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,006,404
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Mar 2, 2013
Sold by
Shoffler Tod D and Shoffler Kristin S
Bought by
Britcher Elizabeth A and Hoke Lori A

Purchase Details

Closed on
Aug 31, 2005
Sold by
Desmond John L and Desmond Margaret L
Bought by
Shoffler Todd D and Shoffler Kristen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 1995
Sold by
Baruffi & Hall Enterprises
Bought by
Desmond John and Desmond Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.34%
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
Killeen John E $650,000 Attorney
Britcher Elizabeth A $628,851 The Title Company Of Jersey
Shoffler Todd D $730,000 The Title Company Of Jersey
Desmond John $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoffler Todd D $584,000
Previous Owner Desmond John $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2016 08/19/16 Sold $650,000 -6.5% $151 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $695,000 -- $162 / 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 $13,182 $650,000 $220,000 $430,000
2024 $13,182 $650,000 $220,000 $430,000
2023 $12,994 $650,000 $220,000 $430,000
2022 $12,597 $650,000 $220,000 $430,000
2021 $12,220 $650,000 $220,000 $430,000
2020 $12,025 $650,000 $220,000 $430,000
2019 $11,726 $650,000 $220,000 $430,000
2018 $11,447 $650,000 $220,000 $430,000
2017 $11,460 $650,000 $220,000 $430,000
2016 $11,284 $650,000 $220,000 $430,000
2015 $11,772 $700,700 $220,000 $480,700
2014 $11,386 $700,700 $220,000 $480,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166579

Cape May County Association of REALTORS®

APN: 05-00752-01-00010-07