NOT LISTED FOR SALE

623 Shunpike Rd Cape May, NJ 08204

Estimated Value: $485,000 - $715,000

4 Beds
1.5 Baths
1,456 Sq Ft
$438/Sq Ft Est. Value

Last Sold February 13, 2014

Last sale price $172,500 $118 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $3,986/month

8 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Living Room
  • Rambler Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of February 2014

Spacious 4 Bedroom Rancher on over an Acre Lot. Nice sized Kitchen with Dining Area offering a Brick Fireplace. Brick exterior, basement and several out-buildings too. A great property with loads of potential.

Last Agent to Sell the Property

Mary and David Dean

Barragan Realty LLC License #8745122 Listed on: 12/23/2013

Last Buyer's Agent

Mary and David Dean

Barragan Realty LLC License #8745122 Listed on: 12/23/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,835

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 210 x 235
  • Property is in below average condition

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • Property has 1 Level
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Pool

  • In Ground Pool

Schools

  • Lower Cape May Regional High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00045 14
  • Assessor Parcel Number 05-00500 01-00045 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,835

Year Built

Built in 1972

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: 1972
  • Remarks Public: Spacious 4 Bedroom Rancher on over an Acre Lot. Nice sized Kitchen with Dining Area offering a Brick Fireplace. Brick exterior, basement and several out-buildings too. A great property with loads of potential.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1456
  • Living Area Sq Ft: 1456
  • Net Sq Ft: 1456.00
  • Price Per Sq Ft: 120.12
  • Above Grade Finished Sq Ft: 1456
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 623

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LOWER CAPE MAY REGIONAL SCHOOLS
  • High School: LOWER CAPE MAY REGIONAL
  • School District Key: 300200396107
  • High School: LOWER CAPE MAY REGIONAL

Lot Info

  • Improvement Assessed Value: 208800.00
  • Land Assessed Value: 132700.00
  • Lot Dimensions: 210 X 235
  • Lot Size Units: Square Feet
  • Property Condition: Below Average
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3765534
  • Tax Annual Amount: 4835.00
  • Assessor Parcel Number: 05-00500 01-00045 14
  • Tax Lot: 00045 14
  • Tax Year: 2013
  • Close Date: 02/13/2014

MLS Schools

  • School District Name: LOWER CAPE MAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2013
Closed on
Jan 23, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hill Michael J
Seller's Agent
Mary and David Dean
Barragan Realty LLC
Buyer's Agent
Mary and David Dean
Barragan Realty LLC
List Price
$174,900
Sold Price
$172,500
Premium/Discount to List
-$2,400
-1.37%
Current Estimated Value
$638,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,660
Avg. Annual Appreciation
10.91%
Original Mortgage
$138,000
Outstanding Balance
$106,014
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$466,333

Purchase Details

Closed on
Sep 17, 2013
Sold by
Leo James
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 28, 2006
Sold by
Leo James and Ritchie Leo Kimberly
Bought by
Leo James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
6.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 31, 2000
Sold by
Miller William J
Bought by
Leo James and Leo Kimberly Ritchie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hill Michael J $172,500 Guardian Title Services Llc
Federal Home Loan Mortgage Corporation -- None Available
Leo James -- Title Source Inc
Leo James $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Michaerl J $80,000
Open Hill Michael J $138,000
Previous Owner Leo James J $100,000
Previous Owner Leo James $233,500
Previous Owner Leo James J $78,000
Previous Owner Leo James J $150,000
Previous Owner Leo James $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2014 02/13/14 Sold $172,500 -1.4% $118 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
12/23/2013 12/23/13 For Sale $174,900 -- $120 / Sq Ft
Source: Bright MLS

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 $6,435 $316,200 $109,300 $206,900
2024 $6,435 $316,200 $109,300 $206,900
2023 $6,337 $316,200 $109,300 $206,900
2022 $6,144 $316,200 $109,300 $206,900
2021 $5,856 $316,200 $109,300 $206,900
2020 $5,856 $316,200 $109,300 $206,900
2019 $5,698 $316,200 $109,300 $206,900
2018 $5,565 $316,200 $109,300 $206,900
2017 $5,568 $316,200 $109,300 $206,900
2016 $5,492 $316,200 $109,300 $206,900
2015 $5,315 $316,200 $109,300 $206,900
2014 $5,141 $316,200 $109,300 $206,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003680514

Bright MLS

APN: 05-00500-01-00045-14