NOT LISTED FOR SALE

Estimated Value: $493,000 - $580,000

1.42 Acres
$380,687 Price per Acre
61,855 Sq Ft Lot

Last Sold June 15, 2020

Last sale price $60,000

Est. 801% increase in value since last sale

Current estimated payment $3,468/month

276 Days on Market

About This Lot

As of June 2020

See reports in Associated Docs.

Last Agent to Sell the Property

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm Listed on: 08/01/2019

LONG & FOSTER REAL ESTATE, INC cm

Last Buyer's Agent

Marion Rowland

RE/MAX SURFSIDE License #8540361

RE/MAX SURFSIDE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,959

Lot Details

  • 1.42 Acre Lot
  • Cleared Lot
  • Property is zoned RC

Listing and Financial Details

  • Legal Lot and Block 85 / 51

Property Details

Property Type

Land

Est. Annual Taxes

$1,959

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Cleared Lot, Other (See Remarks)
  • District Township: 06-Middle Township
  • Second Address Number: 662
  • Lot Size2: 1.42 AC
  • Price per Sq Ft: 42253.52
  • Selling Agent1: 73
  • Selling Office1: 266
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 85
  • Lot Size: 1+ Acre to 5 Acres
  • Zoning: RC
  • Number Of Acres: 1.42
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 1959
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Walnut Grove Builders Inc
Bought by
Benedict Jason E
Current Estimated Value
$540,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Outstanding Balance
$385,890
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$154,686

Purchase Details

Closed on
Dec 8, 2021
Sold by
Rossi Thomas
Bought by
Walnut Grove Builders Inc

Purchase Details

Listed on
Aug 1, 2019
Closed on
May 26, 2020
Sold by
Trura-Berg Lisa
Bought by
Rossi Thomas
Seller's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Marion Rowland
RE/MAX SURFSIDE
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.76%

Purchase Details

Closed on
Mar 10, 2006
Sold by
Warf Jeffrey J
Bought by
Berg Uwe and Trueba Berg Lisa

Purchase Details

Closed on
Jun 28, 2005
Sold by
Verity Harold F
Bought by
Warf Jeffrey J

Purchase Details

Closed on
Nov 19, 2003
Sold by
Verity Harold F
Bought by
Warf Jeffrey J
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
Benedict Jason E $475,000 Shore Title
Benedict Jason E $475,000 Shore Title
Walnut Grove Builders Inc -- None Available
Walnut Grove Builders Inc -- None Listed On Document
Rossi Thomas $60,000 None Available
Berg Uwe $165,000 Shore Title Agency Inc
Warf Jeffrey J $89,000 Shore Title Agency Inc
Warf Jeffrey J $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benedict Jason E $403,750
Closed Benedict Jason E $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $60,000 -13.0% --
05/03/2020 05/03/20 Pending -- -- --
08/01/2019 08/01/19 For Sale $69,000 -- --
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 $7,350 $348,500 $125,400 $223,100
2024 $7,350 $348,500 $125,400 $223,100
2023 $7,165 $348,500 $125,400 $223,100
2022 $1,256 $62,900 $62,900 $0
2021 $1,226 $62,900 $62,900 $0
2020 $1,201 $62,900 $62,900 $0
2019 $2,100 $112,900 $112,900 $0
2018 $2,067 $112,900 $112,900 $0
2017 $2,025 $112,900 $112,900 $0
2016 $1,975 $112,900 $112,900 $0
2015 $1,960 $112,900 $112,900 $0
2014 $1,948 $112,900 $112,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 188879

Cape May County Association of REALTORS®

APN: 06-00051-0000-00085