NOT LISTED FOR SALE

956 Tecumseh Rd Cape May, NJ 08204

Estimated Value: $661,375 - $720,000

4 Beds
3 Baths
2,760 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $327,500 $119 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,111/month

208 Days on Market

Highlights

  • Above Ground Pool
  • Cathedral Ceiling
  • Corner Lot
  • Deck
  • Wood Flooring
  • Den

About This Home

As of February 2016

Unique 5 BR/3 BA home in a tranquil setting. Located in a desirable section of Erma Park, this home backs up to its own private lake. Level one features a spacious living room with tray ceiling, recessed LED lighting on dimmers, gas fireplace, sound system and French doors that lead outside; a formal dining room; eat in kitchen with new stainless appliances, more recessed LED lighting, pantry, and more speakers for sound; a den that can be utilized as an office or an additional bedroom; a hallway bath; an in-law suite with private entrance; and a utility room with washer and dryer. Level two consists of the master suite with private bath and walk in closet; two additional bedrooms; and a hallway bath. The outdoor entertainment areas include three levels of composite decking, hot tub and pool; all overlooking the private lake.

Last Agent to Sell the Property

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 06/12/2015

Co-Listed By

Stacy Hutchinson

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,766

Lot Details

  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 4 Car Garage
  • Driveway

Outdoor Features

  • Above Ground Pool
  • Bulkhead
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 507 / 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,766

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Bulk Head
  • District Township: 05-Lower Township
  • Also Includes: Drapes, Shades
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Walk in Closet
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 13
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Den/TV Room, Eat-In-Kitchen, Laundry/Utility Room, In-Law Quarters

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Storage Building, Bulkhead, Above Ground Pool

Garage/Parking

  • Parking Garage: Concrete Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 507
  • Lot Size: 210X92+ACs
  • Lot Size Range: 1-5 Acres

Tax Info

  • Tax Database Id: 1
  • Taxes: 4765.8
  • Assessor Parcel Number: 05005070005000240000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jan 29, 2016
Sold by
Damico Mark A and Damico Lsa J
Bought by
Watson Matthew and Watson Trista
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$384,900
Sold Price
$327,500
Premium/Discount to List
-$57,400
-14.91%
Current Estimated Value
$691,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,437
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Jun 9, 2009
Sold by
Damico Mark A and Damico Lisa J
Bought by
Damico Mark A and Damico Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Sandman William B
Bought by
Taylor Lisa J and Damico Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Watson Matthew $327,500 None Available
Damico Mark A -- The Title Company Of Jersey
Taylor Lisa J $270,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Damico Mark A $240,000
Previous Owner Taylor Lisa J $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2016 02/05/16 Sold $327,500 -14.9% $119 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
06/12/2015 06/12/15 For Sale $384,900 -- $139 / 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 $5,965 $293,100 $119,100 $174,000
2024 $5,965 $293,100 $119,100 $174,000
2023 $5,874 $293,100 $119,100 $174,000
2022 $5,695 $293,100 $119,100 $174,000
2021 $5,510 $293,100 $119,100 $174,000
2020 $5,428 $293,100 $119,100 $174,000
2019 $5,282 $293,100 $119,100 $174,000
2018 $5,159 $293,100 $119,100 $174,000
2017 $5,161 $293,100 $119,100 $174,000
2016 $5,091 $293,100 $119,100 $174,000
2015 $4,927 $293,100 $119,100 $174,000
2014 $4,766 $293,100 $119,100 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164636

Cape May County Association of REALTORS®

APN: 05-00507-05-00024