NOT LISTED FOR SALE

9 Rossi Dr Cape May, NJ 08204

Estimated Value: $598,218 - $809,000

1.81 Acres
$384,699 Price per Acre
78,844 Sq Ft Lot

Last Sold July 26, 2018

Last sale price $83,000

Est. 739% increase in value since last sale

Current estimated payment $4,445/month

629 Days on Market

About This Lot

As of July 2018

See Associated Docs for copies of NJDEP CAFRA Individual Permit, septic design, and survey. CAFRA Permit has been extended under the 2016 NJDEP Permit Extension Act.

Last Agent to Sell the Property

Micah Yerk

deSatnick Real Estate LLC - Lower Township Listed on: 09/16/2016

Co-Listed By

Kenneth "Ken" Germann

deSatnick Real Estate LLC - Lower Township

Last Buyer's Agent

Micah Yerk

deSatnick Real Estate LLC - Lower Township Listed on: 09/16/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,364

Lot Details

  • 1.81 Acre Lot
  • Cleared Lot
  • Wooded Lot

Listing and Financial Details

  • Legal Lot and Block 8 / 508

Property Details

Property Type

Land

Est. Annual Taxes

$2,364

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Mainland
  • District Township: 05-Lower Township
  • Near: Cape May National
  • Second Address Number: 9
  • Listing Office2: 44
  • Lot Size2: 1.81 AC
  • Price per Sq Ft: 45856.35
  • Selling Agent1: 3606
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 8
  • Lot Size: 1+ Acre to 5 Acres
  • Zoning: Residentia
  • Improvements: Paved Road
  • Number Of Acres: 1.81
  • Topography: Partially Cleared, Wooded
  • Zoning: Residential

Tax Info

  • Taxes: 2364.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Jul 26, 2018
Sold by
Wallace Helen E
Bought by
Yerk Micah and Yerk Bryce
Seller's Agent
Micah Yerk
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Micah Yerk
deSatnick Real Estate LLC - Lower Township
List Price
$148,000
Sold Price
$83,000
Premium/Discount to List
-$65,000
-43.92%
Current Estimated Value
$696,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,305
Avg. Annual Appreciation
35.36%

Purchase Details

Closed on
Nov 30, 2000

Purchase Details

Closed on
Jun 30, 1992
Sold by
Rossi Louis and Rossi Regina
Bought by
Atlantic City Elec & Nj Bell Tele
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
Yerk Micah $83,000 --
-- $55,000 --
Atlantic City Elec & Nj Bell Tele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yerk Micah $85,000
Open Yerk Micah $520,589
Closed Yerk Micah D $435,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $83,000 -43.9% --
06/26/2018 06/26/18 Pending -- -- --
09/16/2016 09/16/16 For Sale $148,000 -- --
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
2024 $7,186 $353,100 $136,100 $217,000
2023 $7,076 $353,100 $136,100 $217,000
2022 $6,861 $353,100 $136,100 $217,000
2021 $6,638 $353,100 $136,100 $217,000
2020 $6,539 $353,100 $136,100 $217,000
2019 $2,453 $136,100 $136,100 $0
2018 $2,395 $136,100 $136,100 $0
2017 $2,397 $136,100 $136,100 $0
2016 $2,364 $136,100 $136,100 $0
2015 $2,288 $136,100 $136,100 $0
2014 $2,213 $136,100 $136,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172434

Cape May County Association of REALTORS®

APN: 05 00508- 01-00008- 01