NOT LISTED FOR SALE

553 May Ave Cape May, NJ 08204

Estimated Value: $484,745 - $523,000

4 Beds
3 Baths
-- Sq Ft
2.3 Acres

Last Sold January 20, 2023

Last sale price $380,000

Est. 32% increase in value since last sale

Current estimated payment $3,047/month

56 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • In-Law or Guest Suite
  • Corner Lot
  • Eat-In Kitchen
  • Solar owned by a third party

About This Home

As of January 2023

The tenant has vacated. The house is now vacant and easy to show.

Last Agent to Sell the Property

Tod Richman

WEICHERT REALTORS CITY TO SHORE License #1004387 Listed on: 10/05/2022

WEICHERT REALTORS CITY TO SHORE

Last Buyer's Agent

Courtney Romberger

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 100x111
  • Fenced Yard
  • Corner Lot
  • Cleared Lot

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Area
  • Laminate Flooring
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Exterior Basement Entry

Parking

  • 4 Car Garage
  • Parking Pad
  • Stone Driveway

Eco-Friendly Details

  • Solar owned by a third party

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 02/7 / 500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,786

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Corner, Mainland
  • District Township: 05-Lower Township
  • Estimated Year Built: 2011
  • New Construction: No
  • Second Address Number: 553
  • Lot Size2: 100x111
  • Selling Agent1: 5411
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Laminate Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Finished, Outside Entrance, Heated
  • Other Rooms: Living Room, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Storage Attic, In-Law Quarters

Exterior Features

  • Construction: Bi-Level
  • Exterior: Vinyl, Solar Panels-Leased
  • Outside Features: Patio, Deck, Fenced Yard, Storage Building, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Garage, Parking Pad, Stone Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 02/7
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 3786.32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jan 20, 2023
Sold by
Ryan Jamie L
Bought by
Johns Ceth Cattel and Wagner Taylor Jordan
Seller's Agent
Tod Richman
WEICHERT REALTORS CITY TO SHORE
Buyer's Agent
Courtney Romberger
JERSEY CAPE REALTY
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Views
61
Current Estimated Value
$500,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,436
Avg. Annual Appreciation
8.46%
Original Mortgage
$358,740
Outstanding Balance
$349,116
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
$121,348

Purchase Details

Closed on
Jul 20, 2011
Sold by
Dera Bernard
Bought by
Ryan Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,616
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2010
Sold by
Mcvey Michael J and Mcvey Daniel W
Bought by
Dera Bernard

Purchase Details

Closed on
Nov 3, 2010
Sold by
Estate Of Paul L Mcvey and Cooper Mary Ann
Bought by
Mcvey Michael J and Mcvey Daniel

Purchase Details

Closed on
Jun 6, 2008
Sold by
Mcvey Paul L
Bought by
The State Of New Jersey Department Of Tr
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
Johns Ceth Cattel $380,000 Shore Title
Ryan Jamie L $210,000 Shore Title Agency Inc
Dera Bernard -- The Title Company Of Jersey
Mcvey Michael J -- The Title Company Of Jersey
The State Of New Jersey Department Of Tr $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johns Ceth Cattel $358,740
Previous Owner Ryan Jamie L $217,616
Previous Owner Dera Bernard J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $380,000 -2.5% --
11/30/2022 11/30/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $389,900 -2.5% --
10/05/2022 10/05/22 For Sale $399,900 -- --
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 $4,098 $201,400 $79,400 $122,000
2024 $4,098 $201,400 $79,400 $122,000
2023 $4,036 $201,400 $79,400 $122,000
2022 $3,913 $201,400 $79,400 $122,000
2021 $3,786 $201,400 $79,400 $122,000
2020 $3,730 $201,400 $79,400 $122,000
2019 $3,629 $201,400 $79,400 $122,000
2018 $3,545 $201,400 $79,400 $122,000
2017 $3,547 $201,400 $79,400 $122,000
2016 $3,498 $201,400 $79,400 $122,000
2015 $3,386 $201,400 $79,400 $122,000
2014 $3,275 $201,400 $79,400 $122,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tod Richman

    WEICHERT REALTORS CITY TO SHORE

    (609) 617-3545

    5 in this area

    5 Total Sales

    Tod Richman
    Section Image

  • C

    Buyer's Agent in 2023

    Courtney Romberger

    JERSEY CAPE REALTY

    (609) 741-5278

    20 in this area

    69 Total Sales

    Courtney Romberger
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223122

Cape May County Association of REALTORS®

APN: 05-00500-02-00007

New Jersey Cape May County Cape May 08204

553 May Ave, Cape May, NJ

This home is located at 553 May Ave, Cape May, NJ 08204 since 05 October 2022 and is currently estimated at $500,436. This property was built in 2011. 553 May 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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