NOT LISTED FOR SALE

Estimated Value: $1,905,549

1.15 Acres
$1,656,999 Price per Acre
50,094 Sq Ft Lot

Sale Details

Date Sold: October 8, 2018

Last sale price $315,000

Est. 505% increase in value since last sale

Current estimated payment $11,537 / mo

432 Days on Market

About This Lot

As of October 2018

Build your dream home on the Island of Cape May. All approvals and any variance needed to build is the responsibility of the buyer.

Last Agent to Sell the Property

Maureen Harris

CENTURY 21 GILMARTIN & CO License #9911197 Listed on: 07/03/2017

CENTURY 21 GILMARTIN & CO

Last Buyer's Agent

Holly O'Donnell

COASTLINE REALTY, LLC License #1435745

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,147

Lot Details

  • Lot Dimensions are 50x160
  • Interior Lot

Location

  • Island Location

Listing and Financial Details

  • Legal Lot and Block 12 / 68

Property Details

Property Type

Land

Est. Annual Taxes

$2,147

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Inside Lot, Island
  • District Township: 12-West Cape May
  • Lot Size2: 50x160
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 50

Lot Info

  • Lot Number: 12
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res
  • Improvements: Other (See Remarks)

Tax Info

  • Taxes: 2147.05

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Oct 5, 2018
Sold by
Bought by
Seller's Agent
Maureen Harris
CENTURY 21 GILMARTIN & CO
Buyer's Agent
Holly O'Donnell
COASTLINE REALTY, LLC
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$1,905,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,590,549
Avg. Annual Appreciation
25.84%
Original Mortgage
$492,000
Outstanding Balance
$420,063
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,485,486

Purchase Details

Listed on
Sep 17, 2015
Closed on
Oct 9, 2015
Sold by
Bought by
Seller's Agent
James Cheney
JERSEY CAPE REALTY
List Price
$459,900
Sold Price
$452,000
Premium/Discount to List
-$7,900
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.34%

Purchase Details

Closed on
Aug 8, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in West Cape May, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 --
$452,000 The Title Company Of Jersey
$300,000 Regional Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $492,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2018 10/08/18 Sold $315,000 -4.3% --
09/08/2018 09/08/18 Pending -- -- --
07/03/2017 07/03/17 For Sale $329,000 -27.2% --
10/09/2015 10/09/15 Sold $452,000 -1.7% $211 / Sq Ft View Prior Sale
09/17/2015 09/17/15 For Sale $459,900 -- $215 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,757 $848,200 $276,400 $571,800
2025 $12,757 $848,200 $276,400 $571,800
2024 $12,757 $848,200 $276,400 $571,800
2023 $12,901 $848,200 $276,400 $571,800
2022 $11,493 $848,200 $276,400 $571,800
2021 $10,857 $848,200 $276,400 $571,800
2020 $11,188 $848,200 $276,400 $571,800
2019 $3,466 $276,400 $276,400 $0
2018 $2,223 $175,700 $163,900 $11,800
2017 $2,147 $175,700 $163,900 $11,800
2016 $2,147 $175,700 $163,900 $11,800
2015 $2,019 $175,700 $163,900 $11,800
2014 $2,019 $175,700 $163,900 $11,800
Source: Public Records

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177068

Cape May County Association of REALTORS®

APN: 12-00068-0000-00012

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