NOT LISTED FOR SALE

940 Fay Ave Cape May, NJ 08204

Estimated Value: $397,007 - $487,000

-- Bed
-- Bath
1,419 Sq Ft
$321/Sq Ft Est. Value

About This Home

This home is located at 940 Fay Ave, Cape May, NJ 08204 and is currently estimated at $455,002, approximately $320 per square foot. 940 Fay Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Destafeno Drancis A and Destefano Susan F
Bought by
Sestewfano Adriene
Current Estimated Value
$450,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,150
Outstanding Balance
$163,922
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$277,914

Purchase Details

Closed on
Feb 20, 2009
Sold by
Destefano Francis
Bought by
Destefano Francis and Destefano Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2009
Sold by
Young Ann B and Dimauro Louise
Bought by
Destefano Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1988
Sold by
Farrell Ralph
Bought by
Destefano Francis and Destefano Ellen
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sestewfano Adriene $225,000 None Available
Destefano Francis -- Commonwealth Land Title Insu
Destefano Francis $114,000 Commonwealth Land Title Insu
Destefano Francis $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sestewfano Adriene $183,150
Previous Owner Destefano Francis $180,000
Source: Public Records

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 $4,451 $218,700 $97,500 $121,200
2024 $4,451 $218,700 $97,500 $121,200
2023 $4,383 $218,700 $97,500 $121,200
2022 $4,249 $218,700 $97,500 $121,200
2021 $4,112 $218,700 $97,500 $121,200
2020 $4,050 $218,700 $97,500 $121,200
2019 $3,941 $218,700 $97,500 $121,200
2018 $3,849 $218,700 $97,500 $121,200
2017 $3,851 $218,700 $97,500 $121,200
2016 $3,799 $218,700 $97,500 $121,200
2015 $3,676 $218,700 $97,500 $121,200
2014 $3,556 $218,700 $97,500 $121,200
Source: Public Records

Map

New Jersey Cape May County Cape May 08204

940 Fay Ave, Cape May, NJ

This home is located at 940 Fay Ave, Cape May, NJ 08204 and is currently estimated at $455,002, approximately $320 per square foot. 940 Fay Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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