NOT LISTED FOR SALE

605 Atlantic Ave Cape May, NJ 08204

Estimated Value: $522,000 - $746,000

2 Beds
1 Bath
560 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $502,000 $896 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,910/month

11 Days on Market

Highlights

  • Property near a bay
  • Furnished
  • Interior Lot
  • Ranch Style House
  • Eat-In Kitchen
  • Living Room

About This Home

As of June 2021

Seller’s property disclosure is in Associated Documents as is the Lead Based Paint Disclosure. There is a fully signed lease for the moth of July. Rental monies will go to the new owner.

Last Agent to Sell the Property

Margaret Bethel

COASTLINE REALTY, LLC Listed on: 04/30/2021

Last Buyer's Agent

Elizabeth Blair-Slemmer

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 60 x 125
  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Storage
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 14 / 658

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,026

Year Built

Built in 1955

Lot Details

1.38 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Mainland, See Remarks
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Also Includes: Rugs, Furniture, Window Treatments
  • Estimated Year Built: 1955
  • Bay Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 60 X 125
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Partial, Outside Entrance
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • House Color: Tan
  • Outside Features: Storage Building, Cable TV, Outside Shower

Utilities

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

Lot Info

  • Lot Number: 14
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 4025.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 11, 2021
Sold by
Lippy Donald P
Bought by
Morgan Christian S
Seller's Agent
Margaret Bethel
COASTLINE REALTY, LLC
Buyer's Agent
Elizabeth Blair-Slemmer
deSatnick Real Estate LLC - Cape May
List Price
$475,000
Sold Price
$502,000
Premium/Discount to List
$27,000
5.68%
Current Estimated Value
$667,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,336
Avg. Annual Appreciation
6.11%
Original Mortgage
$400,000
Outstanding Balance
$362,150
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$305,186

Purchase Details

Closed on
Jan 22, 2010
Sold by
Brink John D and Brink Judith L
Bought by
Lippy Donald P and Lippy Evelyn E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Christian S $502,000 Misc Company
Morgan Christian S $502,000 Misc Company
Lippy Donald P $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Christian S $400,000
Closed Morgan Christian S $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $502,000 +5.7% $896 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $475,000 -- $848 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $4,413 $217,600 $182,400 $35,200
2024 $4,413 $217,600 $182,400 $35,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211543

Cape May County Association of REALTORS®

APN: 05-00658-0000-00014

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