NOT LISTED FOR SALE

616 Shunpike Rd Cape May, NJ 08204

Estimated Value: $466,000 - $717,000

4 Beds
2 Baths
-- Sq Ft
436 Sq Ft Lot

Last Sold March 30, 2021

Last sale price $365,000

Est. 67% increase in value since last sale

Current estimated payment $3,767/month

95 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Patio
  • Wood Flooring
  • Interior Lot
  • Living Room

About This Home

As of March 2021

This home is located at 616 Shunpike Rd, Cape May, NJ 08204 since 19 October 2020 and is currently estimated at $609,649. 616 Shunpike Rd 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

David Green

RE/MAX SURFSIDE License #9912733 Listed on: 10/19/2020

RE/MAX SURFSIDE

Last Buyer's Agent

David Green

RE/MAX SURFSIDE License #9912733 Listed on: 10/19/2020

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,079

Lot Details

  • Interior Lot
  • Property is zoned R2

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Crawl Space
  • Range
  • Laundry Room

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 497

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,079

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • New Construction: No
  • Second Address Number: 616
  • Lot Size2: 3.55 Acr
  • Selling Agent1: 545
  • Selling Office1: 858
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Wood
  • House Color: White
  • Outside Features: Patio

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 5
  • Lot Size: 1-5 Acres
  • Sub Block: .01
  • Zoning: R2

Tax Info

  • Taxes: 6079
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Mogavero Marcello
Bought by
Mogavero Marcello and Mogavero Cristine
Current Estimated Value
$609,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$275,961
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$333,688

Purchase Details

Listed on
Oct 19, 2020
Closed on
Mar 30, 2021
Sold by
Holiness Church Of Erma
Bought by
Mogavero Marcello
Seller's Agent
David Green
RE/MAX SURFSIDE
Buyer's Agent
David Green
RE/MAX SURFSIDE
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$365,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 1983
Bought by
Holiness Church Of Erma
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
Mogavero Marcello -- Shore Title
Mogavero Marcello -- Shore Title
Mogavero Marcello $365,000 Misc Company
Holiness Church Of Erma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mogavero Marcello $284,000
Closed Mogavero Marcello $284,000
Previous Owner Mogavero Marcello $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $365,000 -8.5% --
01/22/2021 01/22/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $399,000 -- --
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 $6,534 $321,100 $121,500 $199,600
2024 $6,534 $321,100 $121,500 $199,600
2023 $6,435 $321,100 $121,500 $199,600
2022 $6,801 $350,000 $150,400 $199,600
2021 $6,580 $350,000 $150,400 $199,600
2020 $0 $350,000 $150,400 $199,600
2019 $0 $350,000 $150,400 $199,600
2018 $0 $350,000 $150,400 $199,600
2017 $0 $350,000 $150,400 $199,600
2016 $0 $350,000 $150,400 $199,600
2015 -- $350,000 $150,400 $199,600
2014 -- $350,000 $150,400 $199,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210166

Cape May County Association of REALTORS®

APN: 05-00497-01-00005-02