NOT LISTED FOR SALE

601 Gorham Ave Cape May, NJ 08204

Estimated Value: $413,000 - $454,851

2 Beds
1 Bath
-- Sq Ft
7,500 Sq Ft Lot

Last Sold May 08, 2019

Last sale price $195,000

Est. 122% increase in value since last sale

Current estimated payment $2,537/month

78 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

This home is located at 601 Gorham Ave, Cape May, NJ 08204 since 06 February 2019 and is currently estimated at $432,963. This property was built in 1951. 601 Gorham 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.

Last Agent to Sell the Property

jeff Montemarano

(973) 838-3600 jeffmontemarano@gmail.com Century 21 Preferred Realty Listed on: 02/06/2019

Century 21 Preferred Realty

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1951

Lot Details

  • 7,500

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Frame Construction

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Property has 1 Level
  • 7,500 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Non Avail Subdivision

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 05-00672-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,957

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator, Microwave
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 47900.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3768464
  • Tax Annual Amount: 2957.00
  • Assessor Parcel Number: 05-00672-00013
  • Tax Lot: 00013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: CAPE MAY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Apr 10, 2019
Sold by
Us Bank Na Tr
Bought by
Gallagher Mark P and Gallagher Eileen M
Seller's Agent
jeff Montemarano
Century 21 Preferred Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$432,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,963
Avg. Annual Appreciation
12.47%
Original Mortgage
$145,000
Outstanding Balance
$127,221
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$305,742

Purchase Details

Closed on
Jul 26, 1999
Sold by
Fleming Richard W
Bought by
Steelman Melissa and Davidson Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,972
Interest Rate
7.61%

Purchase Details

Closed on
Oct 4, 1997
Sold by
Kazmerski Kazmer
Bought by
Fleming Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallagher Mark P $195,000 Title Company Of Jersey
Steelman Melissa $64,500 --
Fleming Richard W $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Mark P $145,000
Previous Owner Steelman Melissa $63,972
Previous Owner Fleming Richard W $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2019 05/08/19 Sold $195,000 -2.5% --
04/25/2019 04/25/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $199,900 -- --
Source: Bright MLS

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 $3,454 $170,300 $120,000 $50,300
2024 $3,454 $170,300 $120,000 $50,300
2023 $3,404 $170,300 $120,000 $50,300
2022 $3,300 $170,300 $120,000 $50,300
2021 $3,202 $170,300 $120,000 $50,300
2020 $3,151 $170,300 $120,000 $50,300
2019 $3,029 $167,900 $120,000 $47,900
2018 $2,957 $167,900 $120,000 $47,900
2017 $2,960 $167,900 $120,000 $47,900
2016 $2,915 $167,900 $120,000 $47,900
2015 $2,821 $167,900 $120,000 $47,900
2014 $2,728 $167,900 $120,000 $47,900
Source: Public Records

Agents Affiliated with this Home

  • jeff Montemarano

    Seller's Agent in 2019

    jeff Montemarano

    Century 21 Preferred Realty

    (973) 670-1009

    38 Total Sales

    jeff Montemarano
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Map

Source: Bright MLS

MLS Number: NJCM100624

Bright MLS

APN: 05-00672-0000-00013

New Jersey Cape May County Cape May 08204

601 Gorham Ave, Cape May, NJ

Not Listed for Sale

Detached

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