NOT LISTED FOR SALE

Estimated Value: $549,461 - $678,000

1 Acre
$628,865 Price per Acre
43,560 Sq Ft Lot

Last Sold March 05, 2015

Last sale price $54,000

Est. 1,065% increase in value since last sale

Current estimated payment $3,957/month

501 Days on Market

About This Lot

As of March 2015

BANK OWNED - 1 Acre building parcel located in a growing area of Cape May Court House. Convenient location offers easy access to the Garden State Parkway and is adjacent to the bike path which has a planned expansion to connect the Cape May County Zoo with the Cape May / Lewes Ferry. If you're not finding a house that suits your needs then why not build? Call today for more information or details on builders and lenders available to help make your dream a reality!

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 09/20/2013

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,700

Lot Details

  • 1 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned SR

Listing and Financial Details

  • Legal Lot and Block 51 / 348

Property Details

Property Type

Land

Est. Annual Taxes

$1,700

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Corner, Mainland
  • District Township: 06-Middle Township
  • Near: Shunpike Rd
  • Special Features: 20
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 51
  • Lot Size: 1 Acre
  • Total Assessment: 110000
  • Zoning: SR
  • Lot Size Range: 1/2 Acre to 1 Acre
  • Improvements: Paved Road, Gas
  • Number Of Acres: 1
  • Topography: Partially Cleared, Level
  • Zoning: Residential

Tax Info

  • Tax Database Id: 1
  • Taxes: 1700.16
  • Assessor Parcel Number: 06003480003000510000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Mar 4, 2015
Sold by
Fulton Bank Of New Jersey
Bought by
Kiss Richard G and Kiss Stephanie
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$80,000
Sold Price
$54,000
Premium/Discount to List
-$26,000
-32.5%
Current Estimated Value
$628,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,865
Avg. Annual Appreciation
25.83%

Purchase Details

Closed on
Oct 12, 2012
Sold by
Farrell Ralph
Bought by
Fulton Bank Of New Jersey and The Bank

Purchase Details

Closed on
Apr 21, 2003
Sold by
Incollingo Rita M
Bought by
Schmidt Frederick W and Webb Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.75%
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
Kiss Richard G $54,000 Surety Title Agency Coastal
Fulton Bank Of New Jersey -- None Available
Schmidt Frederick W $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiss Stephanie $146,700
Closed Kiss Stephanie $144,000
Previous Owner Farrell Ralph $60,000
Previous Owner Schmidt Frederick W $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2015 03/05/15 Sold $54,000 -32.5% --
02/03/2015 02/03/15 Pending -- -- --
09/20/2013 09/20/13 For Sale $80,000 -- --
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 $6,376 $302,300 $110,000 $192,300
2024 $6,376 $302,300 $110,000 $192,300
2023 $6,215 $302,300 $110,000 $192,300
2022 $6,037 $302,300 $110,000 $192,300
2021 $5,892 $302,300 $110,000 $192,300
2020 $5,771 $302,300 $110,000 $192,300
2019 $5,623 $302,300 $110,000 $192,300
2018 $5,535 $302,300 $110,000 $192,300
2017 $5,423 $302,300 $110,000 $192,300
2016 $1,924 $110,000 $110,000 $0
2015 $1,910 $110,000 $110,000 $0
2014 $1,898 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 153952

Cape May County Association of REALTORS®

APN: 06-00348-03-00051