NOT LISTED FOR SALE

506 Shunpike Rd Cape May, NJ 08204

Estimated Value: $510,000 - $687,000

3 Beds
2 Baths
1,488 Sq Ft
$404/Sq Ft Est. Value

Last Sold February 20, 2018

Last sale price $286,000 $192 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,574/month

27 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Den
  • Contemporary Architecture
  • Sun or Florida Room
  • Fenced Yard

About This Home

As of February 2018

This home is located at 506 Shunpike Rd, Cape May, NJ 08204 since 20 November 2017 and is currently estimated at $601,637, approximately $404 per square foot. 506 Shunpike Rd 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

James Ridgway

LONG & FOSTER REAL ESTATE, INC cm Listed on: 11/20/2017

Last Buyer's Agent

Lisa Bassett, GRI

FARRELL REALTY License #9231632

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,948

Lot Details

  • Lot Dimensions are 125 x 210
  • Fenced Yard
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Wall to Wall Carpet
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 22 / 497

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,948

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Wooded Lot
  • District Township: 05-Lower Township
  • Also Includes: Window Treatments
  • New Construction: No
  • Second Address Number: 506
  • Lot Size2: 125 X 210
  • Selling Agent1: 423
  • Selling Office1: 4
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Laundry/Utility Room, Florida Room

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard, Storage Building, Cable TV

Garage/Parking

  • Parking Garage: 3 Car, Black Top Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 22
  • Lot Size: 1/4 to 1 Acre

Tax Info

  • Taxes: 3948.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Vause Marcus R
Bought by
Beckert Audrey M
Current Estimated Value
$583,425

Purchase Details

Listed on
Nov 20, 2017
Closed on
Feb 20, 2018
Sold by
Ridgway Mark and Harris Jennifer
Bought by
Vause Marcus R and Beckert Audrey M
Seller's Agent
James Ridgway
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Lisa Bassett, GRI
FARRELL REALTY
List Price
$299,000
Sold Price
$286,000
Premium/Discount to List
-$13,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$280,819
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2008
Sold by
Varma Ashok K and Varma Damini
Bought by
Ridgway Mark and Harris Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Beckert Audrey M -- None Listed On Document
Vause Marcus R $286,000 --
Ridgway Mark $280,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beckert Audrey M $274,500
Previous Owner Vause Marcus R $280,819
Previous Owner Ridgway Mark $246,500
Previous Owner Ridgway Mark $252,000
Previous Owner Varma Ashok K $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold $286,000 -4.3% $192 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
11/20/2017 11/20/17 For Sale $299,000 -- $201 / 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 $4,562 $224,200 $100,300 $123,900
2024 $4,562 $224,200 $100,300 $123,900
2023 $4,493 $224,200 $100,300 $123,900
2022 $4,356 $224,200 $100,300 $123,900
2021 $4,215 $224,200 $100,300 $123,900
2020 $4,152 $224,200 $100,300 $123,900
2019 $4,040 $224,200 $100,300 $123,900
2018 $3,946 $224,200 $100,300 $123,900
2017 $3,948 $224,200 $100,300 $123,900
2016 $3,894 $224,200 $100,300 $123,900
2015 $3,769 $224,200 $100,300 $123,900
2014 $3,646 $224,200 $100,300 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 179291

Cape May County Association of REALTORS®

APN: 05-00497-01-00022-03