NOT LISTED FOR SALE

706 W Lake Dr Cape May Point, NJ 08212

Estimated Value: $1,070,000 - $1,535,767

3 Beds
1 Bath
1,237 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $474,950 $384 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $7,419/month

15 Days on Market

Highlights

  • Water Views
  • Ranch Style House
  • Screened Porch
  • Island Location
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of May 2019

This home is located at 706 W Lake Dr, Cape May Point, NJ 08212 since 16 March 2019 and is currently estimated at $1,267,442, approximately $1,024 per square foot. This property was built in 1960. 706 W Lake Dr 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

Dolores Lanzalotti

JERSEY CAPE REALTY Listed on: 03/16/2019

Last Buyer's Agent

Henry Lanzalotti

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 25x78
  • Interior Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Cottage
  • Asbestos Siding

Interior Spaces

  • 1,237 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Screened Porch
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Stove
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • No Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 7 / 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,320

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 03-Cape May Point
  • Near: Lake Lily
  • Also Includes: Partial Furniture, Window Treatments
  • Estimated Year Built: 1960
  • New Construction: No
  • Second Address Number: 706
  • Lot Size2: 25x78
  • Price per Sq Ft: 383.95
  • Selling Agent1: 768
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Wood Flooring, Storage, Vinyl Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1237
  • Other Rooms: Living Room, Kitchen, Breakfast Nook, Laundry/Utility Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch, Cottage
  • Exterior: Asbestos
  • Frontage: 25
  • Outside Features: Screened Porch, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Heating: No Heating
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 7
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 3320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2018
Sold by
Eadine Kathryn S
Bought by
Colasuonno Franco and Colasuonno Beth A
Current Estimated Value
$1,270,396

Purchase Details

Closed on
May 13, 1980
Bought by
Eadline David H and Eadline Kathryn
Source: Public Records

Range of Values:

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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
Colasuonno Franco $474,950 Shore Title
Eadline David H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $474,950 -1.0% $384 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $479,900 -- $388 / 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 $5,551 $750,100 $453,900 $296,200
2024 $5,551 $750,100 $453,900 $296,200
2023 $3,645 $500,000 $453,900 $46,100
2022 $3,525 $500,000 $453,900 $46,100
2021 $3,235 $500,000 $453,900 $46,100
2020 $3,488 $560,700 $453,900 $106,800
2019 $3,443 $560,700 $453,900 $106,800
2018 $3,319 $560,700 $453,900 $106,800
2017 $3,286 $560,700 $453,900 $106,800
2016 $3,218 $560,700 $453,900 $106,800
2015 $3,060 $614,400 $543,900 $70,500
2014 $3,060 $614,400 $543,900 $70,500
Source: Public Records

Agents Affiliated with this Home

  • Dolores Lanzalotti

    Seller's Agent in 2019

    Dolores Lanzalotti

    JERSEY CAPE REALTY

    (609) 226-5000

    79 in this area

    102 Total Sales

    Section Image

  • H

    Buyer's Agent in 2019

    Henry Lanzalotti

    JERSEY CAPE REALTY

    (609) 972-4977

    12 in this area

    47 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186895

Cape May County Association of REALTORS®

APN: 03-00021-0000-00007

New Jersey Cape May County Cape May Point 08204

706 W Lake Dr, Cape May Point, NJ

This home is located at 706 W Lake Dr, Cape May Point, NJ 08212 since 16 March 2019 and is currently estimated at $1,267,442, approximately $1,024 per square foot. This property was built in 1960. 706 W Lake Dr 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.

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.

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