NOT LISTED FOR SALE

7 Drake Ct Cape May, NJ 08204

Estimated Value: $519,000 - $678,000

4 Beds
2 Baths
2,312 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $225,000 $97 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,699/month

21 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • Living Room

About This Home

As of March 2019

All initial offers must be submitted via PropOffers.com by the Selling Agent ONLY. It is the intent of the Company to sell the Property in its present "as-is" condition unless otherwise agreed to in writing. Company shall not provide a survey, property condition inspection, homeowner's warranty, or Certificate of Occupancy. Broker acknowledges that Company acquired the Property as a result of foreclosure, by a deed in lieu of foreclosure, or otherwise similar procedure or transaction. Company is unaware of the condition of the Property. Company makes no warranties, expressed or implied, as to the condition of the Property or the presence of any hazardous substances. "The Commission paid to the Selling Agent is 2.50 % less $170.00". Buyer or buyer's agent is responsible for ordering all inspections required by local code and any cost of the inspections along with any corrections required by local code is the responsibility of the buyer. This client restricts offer negotiations thru the first 8 days of the listing for owner occupants or non profit organizations and investors.

Last Agent to Sell the Property

Richard Cammarano

CENTURY 21 ALLIANCE wc Listed on: 01/23/2019

Last Buyer's Agent

Sarah Mormello

deSatnick Real Estate LLC - Lower Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,563

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 68x122

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Crawl Space
  • Storage In Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 107 / 496

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,563

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Near: off Pontaxit
  • Estimated Year Built: 2001
  • New Construction: No
  • Second Address Number: 7
  • Lot Size2: 68X122
  • Price per Sq Ft: 97.32
  • Selling Agent1: 3785
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Court
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Appliances Included: Range
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2312
  • Other Rooms: Living Room, Dining Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Enclosed/Covered Patio, Storage Building

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 107
  • Lot Size: 6001-10000 SqFt
  • Sub Block: 29

Tax Info

  • Taxes: 5562.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 21, 2019
Sold by
Us Bank Na Tr
Bought by
Bartnikiene Jurgita
Seller's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
Buyer's Agent
Sarah Mormello
deSatnick Real Estate LLC - Lower Township
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$603,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,518
Avg. Annual Appreciation
16.18%
Original Mortgage
$130,103
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2001
Sold by
Ros Len Inc
Bought by
Bui Mylinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.6%
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
Bartnikiene Jurgita $225,000 Shore Title
Bui Mylinh $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartnikiene Jurgita $130,103
Previous Owner Bui Mylinh $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $225,000 0.0% $97 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $224,900 -- $97 / Sq Ft
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 $6,408 $316,600 $104,300 $212,300
2024 $6,408 $316,600 $104,300 $212,300
2023 $6,307 $316,600 $104,300 $212,300
2022 $6,120 $316,600 $104,300 $212,300
2021 $5,930 $316,600 $104,300 $212,300
2020 $5,832 $316,600 $104,300 $212,300
2019 $5,692 $316,600 $104,300 $212,300
2018 $5,563 $316,600 $104,300 $212,300
2017 $5,563 $316,600 $104,300 $212,300
2016 $5,487 $316,600 $104,300 $212,300
2015 $5,313 $316,600 $104,300 $212,300
2014 $5,119 $316,600 $104,300 $212,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Cammarano

    CENTURY 21 ALLIANCE wc

  • S

    Buyer's Agent in 2019

    Sarah Mormello

    deSatnick Real Estate LLC - Lower Township

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 185808

Cape May County Association of REALTORS®

APN: 05-00496-29-00107

New Jersey Cape May County Cape May 08204

7 Drake Ct, Cape May, NJ

This home is located at 7 Drake Ct, Cape May, NJ 08204 since 23 January 2019 and is currently estimated at $603,518, approximately $261 per square foot. This property was built in 2001. 7 Drake Ct is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Nearby Homes