Seller's Agent in 2023
Jack Yao
REALMART REALTY
(732) 727-2285
5 in this area
250 Total Sales
507 E Lake Dr Cape May Point, NJ 08212
Estimated Value: $1,770,000 - $2,527,000
4
Beds
2
Baths
2,368
Sq Ft
$889/Sq Ft
Est. Value
Highlights
- Waterfront
- Wood Flooring
- Furnished
- Deck
- Main Floor Primary Bedroom
- Great Room
About This Home
As of September 2023This home is located at 507 E Lake Dr, Cape May Point, NJ 08212 since 25 April 2023 and is currently estimated at $2,105,112, approximately $888 per square foot. This property was built in 1992. 507 E Lake Dr 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
- $5,059
Year Built
- Built in 1992
Lot Details
- Waterfront
Parking
- 4 Car Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2,368 Sq Ft Home
- 3-Story Property
- Furnished
- Bar
- Wood Burning Fireplace
- Drapes & Rods
- Blinds
- Great Room
- Living Room
- Dining Room
- Den
- Storage
- Water Views
- Crawl Space
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Deck
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 20 / 34
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2023
Closed on
Sep 15, 2023
Sold by
Meloni Ferdinand J
Bought by
Liddle Mary Susan and Stuart Thomas M
Seller's Agent
Jack Yao
REALMART REALTY
Buyer's Agent
Annie Mullock
Tim Kerr Sotheby's International Realty
List Price
$2,195,000
Sold Price
$2,085,000
Premium/Discount to List
-$110,000
-5.01%
Views
494
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
$20,112
Avg. Annual Appreciation
1.64%
Purchase Details
Listed on
Nov 7, 2014
Closed on
Jan 30, 2015
Sold by
Ballinger Judith E L
Bought by
Meloni Ferdinand J
Seller's Agent
Kathleen'Kathy' Hogarty, GRI
POINT PROPERTIES REALTY LLC
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
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 |
|---|---|---|---|
| Liddle Mary Susan | $2,085,000 | Title Company Of Jersey | |
| Meloni Ferdinand J | $650,000 | The Title Company Of Jersey |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $2,085,000 | -5.0% | $880 / Sq Ft |
| 08/18/2023 08/18/23 | Pending | -- | -- | -- |
| 04/25/2023 04/25/23 | For Sale | $2,195,000 | +237.7% | $927 / Sq Ft |
| 01/30/2015 01/30/15 | Sold | $650,000 | -10.3% | -- |
| 12/31/2014 12/31/14 | Pending | -- | -- | -- |
| 11/07/2014 11/07/14 | For Sale | $725,000 | -- | -- |
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 | $5,366 | $725,200 | $525,000 | $200,200 |
| 2024 | $5,366 | $725,200 | $525,000 | $200,200 |
| 2023 | $5,231 | $717,600 | $525,000 | $192,600 |
| 2022 | $5,059 | $717,600 | $525,000 | $192,600 |
| 2021 | $4,406 | $717,600 | $525,000 | $192,600 |
| 2020 | $4,463 | $717,600 | $525,000 | $192,600 |
| 2019 | $4,406 | $717,600 | $525,000 | $192,600 |
| 2018 | $4,248 | $717,600 | $525,000 | $192,600 |
| 2017 | $4,205 | $717,600 | $525,000 | $192,600 |
| 2016 | $4,119 | $717,600 | $525,000 | $192,600 |
| 2015 | $4,062 | $815,600 | $615,000 | $200,600 |
| 2014 | $4,062 | $815,600 | $615,000 | $200,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Yao
-
Annie Mullock
A
Buyer's Agent in 2023
Annie Mullock
Tim Kerr Sotheby's International Realty
25 in this area
75 Total Sales
-
Kathleen'Kathy' Hogarty, GRI
K
Seller's Agent in 2015
Kathleen'Kathy' Hogarty, GRI
POINT PROPERTIES REALTY LLC
(609) 827-8088
3 in this area
6 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 231059
APN: 03-00034-0000-00020
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