NOT LISTED FOR SALE

742 Shunpike Rd Cape May, NJ 08204

Estimated Value: $594,000 - $696,000

4 Beds
2 Baths
2,200 Sq Ft
$291/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $495,000 $225 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,888/month

18 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Interior Lot
  • Wooded Lot
  • 2 Car Attached Garage
  • Living Room

About This Home

As of September 2022

Newly installed septic system is in the process. Owner at the Owners expense has contracted with local septic contractor Harry Cowan Jr. LLC septic's. The original septic system is working fine however it is time and the owners, as a precaution, prior to selling wanted this home to be ready and in top shape before. This owner is making sure you have a new system offering you complete peace of mind. System is in the engineering stage as of 8/1/2022 and scheduled to be installed in the next 2-3 months. The approximate cost of this new system, engineering, work labor and installation being incurred by the Seller is approximately $30,000.00.

Last Agent to Sell the Property

Dagmer Chew

HOMESTEAD REAL ESTATE CO. INC. Listed on: 08/09/2022

Last Buyer's Agent

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,250

Year Built

  • Built in 1970

Lot Details

  • Interior Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Blinds
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Propane Water Heater

Listing and Financial Details

  • Legal Lot and Block 12.02 / 498

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,250

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Wooded Lot
  • District Township: 05-Lower Township
  • Near: Bay Beaches and Cape May
  • Also Includes: Shades, Blinds
  • Estimated Year Built: 1970
  • New Construction: No
  • Second Address Number: 742
  • Lot Size2: 1.53
  • Price per Sq Ft: 225
  • Selling Agent1: 123
  • Selling Office1: 846
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Stove Propane
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Full, Inside Entrance, Slab
  • Estimated Living Sq Ft: 2200
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Dining Area, Pantry, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 201
  • House Color: grey
  • Outside Features: Deck, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Propane, Forced Air
  • Hot Water: Propane
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 12.02
  • Lot Size: 1-5 Acres

Tax Info

  • Taxes: 5250
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Sep 14, 2022
Sold by
Wiscott Barbara A
Bought by
Grant Kieran
Seller's Agent
Dagmer Chew
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
List Price
$549,999
Sold Price
$495,000
Premium/Discount to List
-$54,999
-10%
Current Estimated Value
$623,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,640
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
May 7, 2004
Sold by
Franklin Barbara A Wiscott
Bought by
Wiscott Barbara A

Purchase Details

Closed on
Jan 31, 2003
Sold by
Franklin David R
Bought by
Franklin Barbara A Wiscott

Purchase Details

Closed on
Mar 31, 2001
Sold by
Long Ernest E
Bought by
Franklin David R and Franklin Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

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Average Value
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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
Grant Kieran $495,000 --
Wiscott Barbara A -- --
Franklin Barbara A Wiscott -- --
Franklin David R $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiscott Barbara A $73,000
Previous Owner Franklin David R $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $495,000 -1.0% $225 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $499,999 -9.1% $227 / Sq Ft
08/09/2022 08/09/22 For Sale $549,999 -- $250 / 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 $5,684 $279,300 $116,000 $163,300
2024 $5,684 $279,300 $116,000 $163,300
2023 $5,597 $279,300 $116,000 $163,300
2022 $5,427 $279,300 $116,000 $163,300
2021 $5,251 $279,300 $116,000 $163,300
2020 $5,173 $279,300 $116,000 $163,300
2019 $5,033 $279,300 $116,000 $163,300
2018 $4,916 $279,300 $116,000 $163,300
2017 $4,918 $279,300 $116,000 $163,300
2016 $4,851 $279,300 $116,000 $163,300
2015 $4,695 $279,300 $116,000 $163,300
2014 $4,541 $279,300 $116,000 $163,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222508

Cape May County Association of REALTORS®

APN: 05-00498-0000-00012-02