Seller's Agent in 2018
Dolores Lanzalotti
JERSEY CAPE REALTY
(609) 226-5000
79 in this area
102 Total Sales
506 Coral Ave Cape May Point, NJ 08212
Estimated Value: $2,027,000 - $2,412,000
4
Beds
3
Baths
2,724
Sq Ft
$806/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Cathedral Ceiling
- Main Floor Primary Bedroom
- Island Location
- Wood Flooring
- Great Room
About This Home
As of March 2018This home is located at 506 Coral Ave, Cape May Point, NJ 08212 since 18 August 2017 and is currently estimated at $2,195,997, approximately $806 per square foot. This property was built in 2017. 506 Coral Ave 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $999
Year Built
- Built in 2017 | Newly Remodeled
Lot Details
- 1.15
Home Design
- Upside Down Style Home
- Vinyl Siding
Interior Spaces
- 2,724 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Great Room
- Living Room
- Dining Area
- Screened Porch
- Storage
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Patio
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Lot Dimensions are 50 x 150
- Island Location
Listing and Financial Details
- Legal Lot and Block 11 / 34
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2017
Closed on
Mar 14, 2018
Sold by
Lawrence A Pray Builders
Bought by
Kotch David A and Kotch Geri A
Seller's Agent
Dolores Lanzalotti
JERSEY CAPE REALTY
Buyer's Agent
Heijung Park-Colameco
JERSEY CAPE REALTY
List Price
$1,079,000
Sold Price
$999,000
Premium/Discount to List
-$80,000
-7.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,196,997
Avg. Annual Appreciation
11.17%
Original Mortgage
$350,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Sep 2, 2016
Closed on
Mar 1, 2017
Sold by
Evans Charles H and Evans Richard W
Bought by
Lawrence A Pray Builders Inc
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Dolores Lanzalotti
JERSEY CAPE REALTY
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.79%
Purchase Details
Closed on
Nov 24, 2015
Sold by
Evans Charles H and Evans Richard W
Bought by
Evans Charles H and Evans Richard W
Purchase Details
Closed on
Oct 5, 2006
Sold by
Evans Charles H and Evans Richard W
Bought by
Evans Charles H and Evans Richard W
Purchase Details
Closed on
May 18, 2006
Sold by
Evans Charles H and The Estate Of Warren A Evans
Bought by
Evans Charles H and Evans Richard W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kotch David A | $999,000 | -- | |
| Lawrence A Pray Builders Inc | $38,500,000 | None Available | |
| Evans Charles H | -- | None Available | |
| Evans Charles H | -- | None Available | |
| Evans Charles H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kotch David A | $329,300 | |
| Closed | Kotch David A | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2018 03/29/18 | Sold | $999,000 | -7.4% | $367 / Sq Ft |
| 02/27/2018 02/27/18 | Pending | -- | -- | -- |
| 08/18/2017 08/18/17 | For Sale | $1,079,000 | +180.3% | $396 / Sq Ft |
| 03/03/2017 03/03/17 | Sold | $385,000 | -9.4% | $141 / Sq Ft |
| 02/01/2017 02/01/17 | Pending | -- | -- | -- |
| 09/02/2016 09/02/16 | For Sale | $425,000 | -- | $156 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $7,414 | $1,001,900 | $417,000 | $584,900 |
| 2024 | $7,414 | $1,001,900 | $417,000 | $584,900 |
| 2023 | $7,304 | $1,001,900 | $417,000 | $584,900 |
| 2022 | $6,963 | $987,700 | $417,000 | $570,700 |
| 2021 | $6,383 | $987,700 | $417,000 | $570,700 |
| 2020 | $6,143 | $987,700 | $417,000 | $570,700 |
| 2019 | $6,064 | $987,700 | $417,000 | $570,700 |
| 2018 | $2,469 | $417,000 | $417,000 | $0 |
| 2017 | $2,444 | $417,000 | $417,000 | $0 |
| 2016 | $2,394 | $417,000 | $417,000 | $0 |
| 2015 | $2,525 | $507,000 | $507,000 | $0 |
| 2014 | $2,525 | $507,000 | $507,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dolores Lanzalotti
-
Heijung Park-Colameco
H
Buyer's Agent in 2018
Heijung Park-Colameco
JERSEY CAPE REALTY
(609) 602-8641
18 in this area
34 Total Sales
-
Carol Menz
Seller's Agent in 2017
Carol Menz
COASTLINE REALTY, LLC
(609) 374-0325
113 in this area
278 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 177743
APN: 03-00034-0000-00011
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