NOT LISTED FOR SALE

720 Gorham Ave Cape May, NJ 08204

Estimated Value: $558,175 - $603,000

3 Beds
2 Baths
704 Sq Ft
$830/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $375,000 $533 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,482/month

116 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Porch
  • Ranch Style House
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of January 2021

Exterior driveway, grading and landscaping are still in the process. Addition was built in 2020. Taxes have not been reassessed.

Last Agent to Sell the Property

Daniel J. Senico,GRI

deSatnick Real Estate LLC - Lower Township License #8032955 Listed on: 08/11/2020

Last Buyer's Agent

Kaitlyn Lawlor

KELLER WILLIAMS REALTY JERSEY SHORE oc License #1862628

KELLER WILLIAMS REALTY JERSEY SHORE oc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,744

Lot Details

  • Lot Dimensions are 70x125
  • Corner Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Living Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 12 / 689

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,744

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 05-Lower Township
  • Near: Cape May Lewes Ferry Term
  • New Construction: No
  • Second Address Number: 720
  • Lot Size2: 70x125
  • Selling Agent1: 5160
  • Selling Office1: 579
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Other, Tile Flooring, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Eat-In-Kitchen, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 70
  • House Color: Blue
  • Outside Features: Deck, Porch

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 12
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 2744
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Jan 8, 2021
Sold by
Saffold Nina
Bought by
Keebler William F and Odrain Debra S
Seller's Agent
Daniel J. Senico,GRI
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Kaitlyn Lawlor
KELLER WILLIAMS REALTY JERSEY SHORE oc
List Price
$389,900
Sold Price
$375,000
Premium/Discount to List
-$14,900
-3.82%
Current Estimated Value
$584,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,294
Avg. Annual Appreciation
9.79%
Original Mortgage
$180,000
Outstanding Balance
$160,481
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$423,813

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 1, 2019
Sold by
Mcnichol Thomas J and Mcnichol Louise A
Bought by
Saffold Nina V
Seller's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
Buyer's Agent
Joseph "Joe" Ruyak Jr
LONG & FOSTER REAL ESTATE, INC av
List Price
$139,777
Sold Price
$130,000
Premium/Discount to List
-$9,777
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.85%

Purchase Details

Closed on
Oct 18, 2004
Sold by
Pilatsky Heather A and Layton Dorothy P
Bought by
Mcnichol Thomas J and Mcnichol Louise A

Purchase Details

Closed on
Dec 3, 2001
Sold by
Gomez Ken M
Bought by
Beloin Heather A and Layton Dorothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,794
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2001
Sold by
Bankers Trust Co Of Calif
Bought by
Gomez Ken M and Gomez Tamalynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,794
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1994
Sold by
Hart Richard
Bought by
Fletcher George D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.01%
Mortgage Type
VA
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
Keebler William F $375,000 Misc Company
Saffold Nina V $130,000 Shore Title
Mcnichol Thomas J $182,500 The Title Company Of Jersey
Beloin Heather A $78,000 --
Gomez Ken M $47,010 --
Fletcher George D $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keebler William F $180,000
Previous Owner Beloin Heather A $76,794
Previous Owner Fletcher George D $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2021 01/08/21 Sold $375,000 -3.8% $533 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $389,900 +199.9% $554 / Sq Ft
07/01/2019 07/01/19 Sold $130,000 -7.0% $185 / Sq Ft View Prior Sale
06/02/2019 06/02/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $139,777 -- $199 / 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 $4,610 $227,300 $111,800 $115,500
2024 $4,610 $227,300 $111,800 $115,500
2023 $4,544 $227,300 $111,800 $115,500
2022 $4,405 $227,300 $111,800 $115,500
2021 $2,859 $152,100 $111,800 $40,300
2020 $2,814 $152,100 $111,800 $40,300
2019 $2,744 $152,100 $111,800 $40,300
2018 $2,678 $152,100 $111,800 $40,300
2017 $2,682 $152,100 $111,800 $40,300
2016 $2,640 $152,100 $111,800 $40,300
2015 $2,555 $152,100 $111,800 $40,300
2014 $2,472 $152,100 $111,800 $40,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Daniel J. Senico,GRI

    deSatnick Real Estate LLC - Lower Township

    Section Image

  • K

    Buyer's Agent in 2021

    Kaitlyn Lawlor

    KELLER WILLIAMS REALTY JERSEY SHORE oc

    Section Image
  • Brian Reed

    Seller's Agent in 2019

    Brian Reed

    LONG & FOSTER REAL ESTATE, INC nwnj

    (609) 967-3001

    13 in this area

    312 Total Sales

    Brian Reed
    Section Image

  • J

    Buyer's Agent in 2019

    Joseph "Joe" Ruyak Jr

    LONG & FOSTER REAL ESTATE, INC av

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 202869

Cape May County Association of REALTORS®

APN: 05-00689-0000-00012

New Jersey Cape May County Cape May 08204

720 Gorham Ave, Cape May, NJ

This home is located at 720 Gorham Ave, Cape May, NJ 08204 since 11 August 2020 and is currently estimated at $584,294, approximately $829 per square foot. 720 Gorham Ave 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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