NOT LISTED FOR SALE

507 Adriatic Ave Cape May, NJ 08204

Estimated Value: $788,000 - $980,000

3 Beds
2 Baths
-- Sq Ft
1.43 Acres

Last Sold March 10, 2021

Last sale price $525,000

Est. 64% increase in value since last sale

Current estimated payment $5,057/month

10 Days on Market

Highlights

  • Property near a bay
  • Fenced Yard
  • Interior Lot
  • Ranch Style House
  • Eat-In Kitchen
  • Living Room

About This Home

As of March 2021

Photos will be added soon! Owner is a Licensed NJ Real estate agent

Last Agent to Sell the Property

Lisa Bassett, GRI

FARRELL REALTY License #9231632 Listed on: 01/23/2021

Last Buyer's Agent

John Koch

CENTURY 21 ALLIANCE wc License #9803574

CENTURY 21 ALLIANCE wc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,803

Lot Details

  • Lot Dimensions are 62x125
  • Fenced Yard
  • Interior Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property near a bay
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 643

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,803

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Bay Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 507
  • Lot Size2: 62x125
  • Selling Agent1: 1288
  • Selling Office1: 96
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Dishwasher, Stove Natural Gas
  • Interior Amenities: Tile Flooring, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Eat-In-Kitchen, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 62
  • House Color: gray
  • Outside Features: Fenced Yard, Storage Building

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 4
  • Lot Size: 6001-10000 SqFt
  • Zoning: res

Tax Info

  • Taxes: 3803
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 10, 2021
Sold by
Distefano Michael
Bought by
Stenger Heather E
Seller's Agent
Lisa Bassett, GRI
FARRELL REALTY
Buyer's Agent
John Koch
CENTURY 21 ALLIANCE wc
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%
Current Estimated Value
$860,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,599
Avg. Annual Appreciation
10.07%
Original Mortgage
$420,000
Outstanding Balance
$380,753
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$430,146

Purchase Details

Listed on
May 24, 2020
Closed on
Jul 29, 2020
Sold by
Martin Colleen Est
Bought by
Distefano Micahel
Seller's Agent
Mary Hinchcliffe
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Lisa Bassett, GRI
FARRELL REALTY
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
188.65%

Purchase Details

Closed on
Oct 31, 1992
Sold by
Sinsheimer Thomas A and Sinsheimer Barbara A
Bought by
Martin Colleen

Purchase Details

Closed on
Dec 6, 1990
Sold by
Johnson Orlando H and Johnson Helens
Bought by
Sinsheimer Thomas A and Sinsheimer Barbara A

Purchase Details

Closed on
Jan 9, 1989
Sold by
Keeler Anna
Bought by
Johnson Orlando and Johnson Helen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stenger Heather E $525,000 Misc Company
Distefano Micahel $275,000 Misc Company
Martin Colleen $86,500 --
Martin Colleen $86,500 --
Sinsheimer Thomas A -- --
Johnson Orlando $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stenger Heather E $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $525,000 +5.0% --
02/02/2021 02/02/21 Pending -- -- --
01/23/2021 01/23/21 For Sale $499,900 +81.8% --
07/31/2020 07/31/20 Sold $275,000 -12.7% $186 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
05/24/2020 05/24/20 For Sale $315,000 -- $213 / 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 $5,660 $279,100 $117,300 $161,800
2024 $5,660 $279,100 $117,300 $161,800
2023 $5,579 $279,100 $117,300 $161,800
2022 $4,669 $240,900 $117,300 $123,600
2021 $3,963 $210,800 $117,300 $93,500
2020 $3,900 $210,800 $117,300 $93,500
2019 $3,803 $210,800 $117,300 $93,500
2018 $3,712 $210,800 $117,300 $93,500
2017 $3,716 $210,800 $117,300 $93,500
2016 $3,659 $210,800 $117,300 $93,500
2015 $3,541 $210,800 $117,300 $93,500
2014 $3,426 $210,800 $117,300 $93,500
Source: Public Records

Agents Affiliated with this Home

  • Lisa Bassett, GRI

    Seller's Agent in 2021

    Lisa Bassett, GRI

    FARRELL REALTY

    (609) 886-5000

    86 in this area

    112 Total Sales

    Lisa Bassett, GRI
    Section Image

  • J

    Buyer's Agent in 2021

    John Koch

    CENTURY 21 ALLIANCE wc

    (609) 780-5349

    21 in this area

    58 Total Sales

    John Koch
    Section Image

  • M

    Seller's Agent in 2020

    Mary Hinchcliffe

    deSatnick Real Estate LLC - Cape May

    (609) 884-1300

    27 in this area

    69 Total Sales

    Mary Hinchcliffe
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210306

Cape May County Association of REALTORS®

APN: 05-00643-0000-00004

New Jersey Cape May County Cape May 08204

507 Adriatic Ave, Cape May, NJ

This home is located at 507 Adriatic Ave, Cape May, NJ 08204 since 23 January 2021 and is currently estimated at $860,599. 507 Adriatic 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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