NOT LISTED FOR SALE

Estimated Value: $174,623 - $376,000

0.36 Acre
$762,637 Price per Acre
15,725 Sq Ft Lot

Last Sold April 14, 2015

Last sale price $80,000

Est. 244% increase in value since last sale

Current estimated payment $1,652/month

73 Days on Market

Highlights

  • Island Location
  • Wooded Lot
  • Level Lot
  • Middle Township Elementary No. 1 Rated A-

About This Lot

As of April 2015

Great opportunity to buy a lot and build your new home in a great established Cape May Court House neighborhood. This community has city water, city sewer and natural gas available. Just get your blueprints, construction permit and you are ready to go! Conveniently located to the pristine beaches of Stone Harbor, shopping, dining and the hospital. Easy access to points North and South on the Garden State Parkway. (Please note MLS mapping system has incorrectly placed the property and should be corrected shortly. Refer to tax map for correct location.)

Last Agent to Sell the Property

Marion Rowland

RE/MAX SURFSIDE License #8540361 Listed on: 01/01/2015

RE/MAX SURFSIDE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,825

Lot Details

  • Level Lot
  • Wooded Lot

Location

  • Island Location

Listing and Financial Details

  • Legal Lot and Block 22 / 350

Property Details

Property Type

Land

Est. Annual Taxes

$1,825

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Mainland, Island
  • District Township: 06-Middle Township
  • Near: Off W. Shellbay Ave
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 86

Lot Info

  • Lot Number: 22
  • Lot Size: 86' x 183'
  • Total Assessment: 105800
  • Zoning: R
  • Lot Size Range: 10000 to 20000 SqFt
  • Improvements: Paved Road, Gas, Electric, Water, Sewer
  • Topography: Wooded, Level
  • Zoning: Residential

Tax Info

  • Tax Database Id: 1
  • Taxes: 1825
  • Assessor Parcel Number: 06003500000000220000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2015
Closed on
Apr 13, 2015
Sold by
Cannon John and Cannon Maria
Bought by
Zuccato Lorraine S and Zuccato Michael D
Seller's Agent
Marion Rowland
RE/MAX SURFSIDE
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$275,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,312
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Nov 1, 2012
Sold by
1261 Associates Llc
Bought by
Cannon John and Cannon Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Zuccato Lorraine S $80,000 Shore Title Agency Inc
Cannon John $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cannon John $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2015 04/14/15 Sold $80,000 -11.0% --
03/15/2015 03/15/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $89,900 -- --
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 $2,231 $105,800 $105,800 --
2024 $2,231 $105,800 $105,800 $0
2023 $2,175 $105,800 $105,800 $0
2022 $2,113 $105,800 $105,800 $0
2021 $2,057 $105,800 $105,800 $0
2020 $2,020 $105,800 $105,800 $0
2019 $1,968 $105,800 $105,800 $0
2018 $1,937 $105,800 $105,800 $0
2017 $1,898 $105,800 $105,800 $0
2016 $1,850 $105,800 $105,800 $0
2015 $1,837 $105,800 $105,800 $0
2014 -- $105,800 $105,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161611

Cape May County Association of REALTORS®

APN: 06-00350-0000-00022