NOT LISTED FOR SALE

502 Cape Island Ct Egg Harbor Township, NJ 08234

Estimated Value: $791,000

5 Beds
7 Baths
4,620 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $999,000 $216 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $5,781/month

Highlights

  • In Ground Pool
  • 0.83 Acre Lot
  • Wood Flooring
  • Egg Harbor Township High School Rated A
  • Curved or Spiral Staircase
  • Whirlpool Bathtub

About This Home

As of June 2022

CONTRACT SIGNED W CONTINGENCIES - Spectacular Custom Home! One of Harbor Acres finest, 5 Bedroom/5.5 (2) Baths located on Premium Cul de Sac Lot! Prepare to be WOWED the moment you walk through the door to the grand entryway with a sweeping staircase. At first glance, notice the gleaming hardwood floors, wainscoting & crown molding which flows throughout each floor, 12 ft ceilings and open floor plan. This home boasts family room with dramatic floor to ceiling stone gas FP & built-in shelving. Family rooms opens to Chef’s Kitchen with center island, granite, dbl oven, newer SS appliances, large walk-in pantry. Sure to be your favorite room, Bright & Cheerful Sunroom, with radiant tile flooring and gas FP. Additional 1st floor rooms include: Office, Formal Living Room, Formal Dining Room, Powder Room & Laundry Room. Take dual staircases to the 2nd floor and Exquisite Master Suite which incl: Beautiful spacious closet with center island & lots of shelves Masterbath with his/her vanity sinks, shower, jacuzzi tub Sitting area and gas FP. Two additional bedrooms with Ensuite, Jack & Jill style bedroom with shared bath. Full finished basement with media area, bonus/guest bedrooms with full private bath and half bath, billiards, gym and One of a Kind Bar(granite, refrig, dishwasher, mic,ice dispenser)with radiant flooring, gas FP and Great for Entertaining!! Take the party outside to the IG Pool and paver patio with fire pit, shed & generator. Garage doors expanded to fit 2 oversized SUVs,heated & storage area. Walking distance to Nature Reserve & short drive to beaches. This home will not disappoint!

Last Agent to Sell the Property

ELIZABETH NICHOLAS

(609) 464-0727 bnicholas01@aol.com Balsley-Losco Realtors Listed on: 03/14/2022

Balsley-Losco Realtors

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,240

Year Built

  • Built in 2005

Lot Details

  • 0.83 Acre Lot
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 5 Driveway Spaces
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Frame Construction

Interior Spaces

  • 4,620 Sq Ft Home
  • Property has 2 Levels
  • Curved or Spiral Staircase
  • Dual Staircase
  • Bar
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Utilizes Natural Gas
  • Radiant Heating System
  • Well
  • Natural Gas Water Heater
  • Private Sewer

Community Details

  • Harbor Acres Subdivision

Listing and Financial Details

  • Tax Lot 00004 57
  • Assessor Parcel Number 08-07306-00004 57

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,240

Year Built

Built in 2005

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Carpet, Hardwood
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Dining Area, Curved Staircase, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Wood Floors, Double/Dual Staircase
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access, Outside Entrance
  • Total Sq Ft: 4620
  • Living Area Sq Ft: 4620
  • Price Per Sq Ft: 216.23
  • Above Grade Finished Sq Ft: 4620
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 7.00
  • Main Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Lawn Sprinkler, Sidewalks
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Security System
  • Sewer/Septic System: Private Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

  • HOA Fees: 495.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 489300.00
  • Land Assessed Value: 83000.00
  • Lot Size Acres: 0.83
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36155.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3352583
  • Tax Annual Amount: 19240.00
  • Assessor Parcel Number: 08-07306-00004 57
  • Tax Lot: 00004 57
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: EGG HARBOR TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jun 14, 2022
Sold by
Wren Maura
Bought by
Magee Alicia Anne
Seller's Agent
ELIZABETH NICHOLAS
Balsley-Losco Realtors
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,125,000
Sold Price
$999,000
Premium/Discount to List
-$126,000
-11.2%
Current Estimated Value
$791,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$208,000
Avg. Annual Appreciation
-6.73%
Original Mortgage
$299,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2011
Sold by
Wren Frank and Wren Maura
Bought by
Wren Maura

Purchase Details

Closed on
Oct 21, 2005
Sold by
Rer Construction Managament Ll
Bought by
Wren Frank and Wren Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,800
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2002
Sold by
Hershey Homes Inc
Bought by
Rer Construction Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 3, 2002
Sold by
Harbor Acres Partnership Lp
Bought by
Hershey Homes Inc
Source: Public Records

Range of Values:

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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
Magee Alicia Anne $999,000 Trident Land Transfer
Wren Maura -- None Available
Wren Frank $816,600 --
Rer Construction Management Llc $629,400 Independence Abstract & Titl
Hershey Homes Inc $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magee Alicia Anne $299,000
Previous Owner Wren Frank $652,800
Previous Owner Rer Construction Management Llc $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $999,000 0.0% $216 / Sq Ft
04/05/2022 04/05/22 Price Changed $999,000 -11.2% $216 / Sq Ft
03/14/2022 03/14/22 For Sale $1,125,000 -- $244 / Sq Ft
Source: Bright MLS

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 $19,195 $572,300 $83,000 $489,300
2024 $19,195 $572,300 $83,000 $489,300
2023 $19,086 $572,300 $83,000 $489,300
2022 $19,086 $572,300 $83,000 $489,300
2021 $19,241 $572,300 $83,000 $489,300
2020 $18,892 $572,300 $83,000 $489,300
2019 $18,377 $572,300 $83,000 $489,300
2018 $17,982 $572,300 $83,000 $489,300
2017 $17,919 $572,300 $83,000 $489,300
2016 $17,209 $572,300 $83,000 $489,300
2015 $16,957 $555,800 $83,000 $472,800
2014 $16,140 $555,800 $83,000 $472,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2003346

Bright MLS

APN: 08-07306-0000-00004-57