NOT LISTED FOR SALE

601 Pacific Ave Cape May, NJ 08204

Estimated Value: $739,000 - $911,000

3 Beds
2 Baths
1,282 Sq Ft
$628/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $499,000 $389 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,773/month

75 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Wood Flooring
  • Enclosed Patio or Porch
  • Walk-In Closet

About This Home

As of July 2020

Sq footage is approximate and taxes are based on current assessment. Finishing touches just being completed.

Last Agent to Sell the Property

Richard Cammarano

CENTURY 21 ALLIANCE wc Listed on: 03/23/2020

Last Buyer's Agent

Thomas Shagren

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,610

Year Built

  • Built in 1963

Lot Details

  • 1.38

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,282 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Storage
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 60x125

Listing and Financial Details

  • Legal Lot and Block 19 / 659

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,610

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Near: Bay and beach
  • Estimated Year Built: 1963
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 601
  • Lot Size2: 60x125
  • Price per Sq Ft: 389.24
  • Selling Agent1: 1499
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1282
  • Other Rooms: Living Room, Eat-In-Kitchen, Laundry/Utility Room, Storage Attic, See Remarks

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Enclosed/Covered Patio

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 19
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jul 14, 2020
Sold by
Ncm Homes Llc
Bought by
Kaas John P and Kaas Lorainn
Seller's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
Buyer's Agent
Thomas Shagren
JERSEY CAPE REALTY
List Price
$529,900
Sold Price
$499,000
Premium/Discount to List
-$30,900
-5.83%
Current Estimated Value
$805,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,737
Avg. Annual Appreciation
8.59%
Original Mortgage
$399,200
Outstanding Balance
$358,513
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$402,939

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 21, 2019
Sold by
Young Charles J and Goshem John W
Bought by
Ncm Homes Llc
Seller's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
Buyer's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
List Price
$199,000
Sold Price
$225,000
Premium/Discount to List
$26,000
13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.20%

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 7, 2019
Sold by
Mtglq Investors Lp
Bought by
Goshen John W and Young Charles J
Seller's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
Buyer's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
List Price
$199,000
Sold Price
$225,000
Premium/Discount to List
$26,000
13.07%

Purchase Details

Closed on
Aug 28, 2018
Sold by
Nolan Robert A
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jan 26, 2001
Sold by
Winifred T Mullin Estate
Bought by
Kohl Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
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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
Kaas John P $499,000 Misc Company
Ncm Homes Llc -- --
Goshen John W $225,000 Shore Title
Mtglq Investors Lp -- --
Kohl Edward $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaas John P $399,200
Previous Owner Kohl Edward $201,555
Previous Owner Kohl Edward $200,000
Previous Owner Kohl Edward $40,000
Previous Owner Kohl Edward $135,000
Previous Owner Kohl Edward $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $499,000 -5.8% $389 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $529,900 +135.5% $413 / Sq Ft
03/15/2019 03/15/19 Sold $225,000 +13.1% $260 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $199,000 -- $230 / 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 $4,689 $231,200 $143,400 $87,800
2024 $4,689 $231,200 $143,400 $87,800
2023 $4,622 $231,200 $143,400 $87,800
2022 $4,481 $231,200 $143,400 $87,800
2021 $4,347 $231,200 $143,400 $87,800
2020 $3,702 $200,100 $143,400 $56,700
2019 $3,610 $200,100 $143,400 $56,700
2018 $3,524 $200,100 $143,400 $56,700
2017 $3,528 $200,100 $143,400 $56,700
2016 $3,474 $200,100 $143,400 $56,700
2015 $3,362 $200,100 $143,400 $56,700
2014 $3,252 $200,100 $143,400 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201209

Cape May County Association of REALTORS®

APN: 05-00659-0000-00019