NOT LISTED FOR SALE

100 Second Ave Unit Corner of Mt. Vernon Cape May, NJ 08204

Estimated Value: $2,160,131 - $2,456,000

5 Beds
2 Baths
-- Sq Ft
6,490 Sq Ft Lot

Last Sold December 15, 2016

Last sale price $1,300,000

Est. 70% increase in value since last sale

Current estimated payment $13,047/month

203 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Deck
  • Property is near a beach
  • Island Location
  • Wood Flooring

About This Home

As of December 2016

Spectacular views abound from this one-of-a-kind beach block home! This 1930's quintessential 5 BR/2.5 BA craftsman cottage is a blend of Old World charm and modern styling. This property boasts breathtaking views of the Atlantic Ocean, Nature Conservancy and Cape May Point Lighthouse. Interior features include a completely remodeled and updated kitchen featuring stainless steel appliances, custom cabinetry with quartz counters, and a peninsula with bar seating; refinished hardwood flooring; and detailed cottage style trim work. Level one includes an enclosed climate controlled sun room accessed through French Doors, a dining area with custom lighting and built in banquet seating; living room; the master suite; a completely updated hall bathroom, utility room, and an additional guest bedroom. Level two consists of three bedrooms another completely updated hall bath and access to the second level deck. The property also has a detached two car garage. Seller maintains 2 mercantile licenses.

Last Agent to Sell the Property

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 04/26/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,490

Lot Details

  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Property is zoned R2

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck

Location

  • Island Location

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 12 / 1013

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,490

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Corner, Island, Water View
  • District Township: 02-Cape May City
  • Near: The Cove
  • Also Includes: Drapes, Shades, Furniture
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 8
  • Basement: Full, Outside Entrance, Inside Entrance
  • Other Rooms: Living Room, Eat-In-Kitchen, Dining Area, Florida Room, 1st Floor Master Bedroom

Exterior Features

  • Construction: Cottage
  • Exterior: Vinyl
  • Frontage: 50
  • Outside Features: Deck, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12
  • Lot Size: 50X130 IRR
  • Zoning: R2
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 7490
  • Assessor Parcel Number: 02010130000000120000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Dec 13, 2016
Sold by
Oleary Jeremiah J and Kolodey Patricia M
Bought by
Arnold William Vincent and Arnold Anne Romanic
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$1,449,000
Sold Price
$1,300,000
Premium/Discount to List
-$149,000
-10.28%
Current Estimated Value
$2,212,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,516
Avg. Annual Appreciation
4.06%
Original Mortgage
$780,000
Outstanding Balance
$388,389
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$1,446,597
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Arnold William Vincent $1,300,000 Victorian Abstract Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold William Vincent $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $1,300,000 -10.3% --
11/15/2016 11/15/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $1,449,000 -- --
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
2025 $11,213 $1,060,800 $704,500 $356,300
2024 $11,213 $1,060,800 $704,500 $356,300
2023 $11,393 $1,060,800 $704,500 $356,300
2022 $10,947 $1,060,800 $704,500 $356,300
2021 $10,799 $1,060,800 $704,500 $356,300
2020 $10,290 $1,060,800 $704,500 $356,300
2019 $10,470 $1,060,800 $704,500 $356,300
2018 $9,861 $1,059,200 $704,500 $354,700
2017 $7,882 $891,600 $704,500 $187,100
2016 $7,204 $865,900 $704,500 $161,400
2015 $7,490 $865,900 $704,500 $161,400
2014 $7,486 $865,400 $704,500 $160,900
Source: Public Records

Agents Affiliated with this Home

  • Ryan Griffin

    Seller's Agent in 2016

    Ryan Griffin

    deSatnick Real Estate LLC - Cape May

    (609) 602-5578

    50 in this area

    119 Total Sales

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169931

Cape May County Association of REALTORS®

APN: 02-01013-0000-00012

New Jersey Cape May County Cape May 08204

100 Second Ave Unit Corner of Mt. Vernon, Cape May, NJ

This home is located at 100 Second Ave Unit Corner of Mt. Vernon, Cape May, NJ 08204 since 26 April 2016 and is currently estimated at $2,308,783. 100 Second Ave Unit Corner of Mt. Vernon is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

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