NOT LISTED FOR SALE

8 Cove Dr Cape May, NJ 08204

Estimated Value: $612,000 - $836,000

4 Beds
3 Baths
2,426 Sq Ft
$300/Sq Ft Est. Value

Sale Details

Date Sold: November 27, 2020

Last sale price $463,000 $191 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,466 / mo

68 Days on Market

Highlights

  • In Ground Pool
  • Breakfast Area or Nook
  • Enclosed Patio or Porch
  • Deck
  • Fenced Yard
  • Interior Lot

About This Home

As of November 2020

Please make appointment in showing time app or by calling office at 609-522-1212. Owner occupied but very easy to show.

Last Agent to Sell the Property

Nichole Koch

CENTURY 21 ALLIANCE wc Listed on: 08/08/2020

CENTURY 21 ALLIANCE wc

Co-Listed By

Michael Wilson

CENTURY 21 ALLIANCE - NCM License #1971449

Last Buyer's Agent

Michael Bushong Jr

COMPASS RE - Avalon Dune License #0566482

COMPASS RE - Avalon Dune

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,879

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 98x137
  • Fenced Yard
  • Interior Lot
  • Sprinkler System

Home Design

  • Wood Siding

Interior Spaces

  • 2,426 Sq Ft Home
  • Bar
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Storage In Attic
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Garage
  • Parking Pad

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 24.6 / 494

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,879

Year Built

Built in 1968

Lot Details

2.25 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1968
  • New Construction: No
  • Listing Office2: 802
  • Lot Size2: 98X137
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Dishwasher
  • Interior Amenities: Bar, Fireplace- Gas
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 12
  • Basement: Partial, Crawl Space
  • Estimated Living Sq Ft: 2426
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Split Level
  • Exterior: Wood
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Fenced Yard, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 2 Car

Utilities

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

Lot Info

  • Lot Number: 24.6
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 5879

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Dec 10, 2020
Sold by
Bought by
Seller's Agent
Nichole Koch
CENTURY 21 ALLIANCE wc
Buyer's Agent
Michael Bushong Jr
COMPASS RE - Avalon Dune
List Price
$499,900
Sold Price
$463,000
Premium/Discount to List
-$36,900
-7.38%
Current Estimated Value
$728,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,816
Avg. Annual Appreciation
8.45%
Original Mortgage
$273,000
Outstanding Balance
$238,456
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$490,360

Purchase Details

Closed on
Feb 5, 1997
Sold by
Bought by

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
7.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1981
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$463,000 Misc Company
$52,000 --
$78,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $273,000
Previous Owner $36,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/27/2020 11/27/20 Sold $463,000 -7.4% $191 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $499,900 -- $206 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,634 $327,100 $103,100 $224,000
2025 $6,634 $327,100 $103,100 $224,000
2024 $6,634 $327,100 $103,100 $224,000
2023 $6,539 $327,100 $103,100 $224,000
2022 $6,339 $327,100 $103,100 $224,000
2021 $6,149 $327,100 $103,100 $224,000
2020 $6,051 $327,100 $103,100 $224,000
2019 $5,879 $325,900 $101,900 $224,000
2018 $5,739 $325,900 $101,900 $224,000
2017 $5,746 $325,900 $101,900 $224,000
2016 $5,658 $325,900 $101,900 $224,000
2015 $5,475 $325,900 $101,900 $224,000
2014 $5,296 $325,900 $101,900 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202983

Cape May County Association of REALTORS®

APN: 05-00494-24-00006

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