NOT LISTED FOR SALE

8 Cormorant Way Cape May, NJ 08204

Estimated Value: $563,047 - $641,000

3 Beds
2 Baths
1,506 Sq Ft
$389/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $282,000 $187 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,515/month

14 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Ranch Style House
  • Sun or Florida Room
  • Interior Lot

About This Home

As of March 2018

Owner there year round. Call for appointment.

Last Agent to Sell the Property

Gail Wilsey-Morrison, CRS, ABR

LONG & FOSTER REAL ESTATE, INC cm Listed on: 01/29/2018

Last Buyer's Agent

THOMAS LAFFEY

Cape May County Real Estate Brokers LLC - CH License #0446629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 2000

Lot Details

  • Interior Lot
  • Property is zoned R-3

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,506 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 81 / 496

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,570

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Near: Breakwater
  • Also Includes: Window Treatments
  • Estimated Year Built: 2000
  • New Construction: No
  • Second Address Number: 8
  • Lot Size2: 75 x 114ir
  • Price per Sq Ft: 187.25
  • Selling Agent1: 1101
  • Selling Office1: 47
  • OFFICELIST_STATE: NJ
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Electric
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Laminate Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1506
  • Other Rooms: Living Room, Kitchen, Dining Area, Florida Room, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 75
  • House Color: Tan
  • Outside Features: Deck, Storage Building, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 1 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 81
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-3

Tax Info

  • Taxes: 4570
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 16, 2018
Sold by
Adamek Kathryn M
Bought by
Cwik Damien R
Seller's Agent
Gail Wilsey-Morrison, CRS, ABR
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
THOMAS LAFFEY
Cape May County Real Estate Brokers LLC - CH
List Price
$289,000
Sold Price
$282,000
Premium/Discount to List
-$7,000
-2.42%
Current Estimated Value
$586,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,512
Avg. Annual Appreciation
10.13%
Original Mortgage
$225,600
Outstanding Balance
$193,321
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$393,191

Purchase Details

Closed on
Sep 21, 2004
Sold by
Urbani Gayton P and Urbani Kathryn E
Bought by
Adamek Henry C and Adamek Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.74%
Mortgage Type
Balloon

Purchase Details

Closed on
May 19, 2000
Sold by
Farrell Ralph
Bought by
Urbani Gayton P and Urbani Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.1%
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
Cwik Damien R $282,000 --
Adamek Henry C $314,000 Congress Title Corp
Urbani Gayton P $131,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cwik Damien R $225,600
Previous Owner Adamek Henry C $75,000
Previous Owner Urbani Gayton P $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $282,000 -2.4% $187 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $289,000 -- $192 / 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 $5,264 $260,100 $112,300 $147,800
2024 $5,264 $260,100 $112,300 $147,800
2023 $5,181 $260,100 $112,300 $147,800
2022 $5,028 $260,100 $112,300 $147,800
2021 $4,872 $260,100 $112,300 $147,800
2020 $4,791 $260,100 $112,300 $147,800
2019 $4,677 $260,100 $112,300 $147,800
2018 $4,570 $260,100 $112,300 $147,800
2017 $4,570 $260,100 $112,300 $147,800
2016 $4,508 $260,100 $112,300 $147,800
2015 $4,364 $260,100 $112,300 $147,800
2014 $4,206 $260,100 $112,300 $147,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180098

Cape May County Association of REALTORS®

APN: 05-00496-29-00081