NOT LISTED FOR SALE

101 Leaming Ave Unit Left Side Cape May, NJ 08204

Estimated Value: $1,004,000 - $1,371,000

3 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $650,000

Est. 74% increase in value since last sale

Current estimated payment $6,505/month

41 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Living Room
  • West Cape May Elementary School Rated A
  • Building Patio
  • Storage Room

About This Home

As of January 2021

There are two units total at 101-103 Leaming Avenue Condominium. 101 Leaming is the entire left side and this is the unit for sale. 103 Leaming is the entire right side. The condo fees are split 50/50 covering the main building insurance and outside upkeep. There is a shed that is shared as well - it sits on the dividing line and you get the portion situated on your side.

Last Agent to Sell the Property

Thomas Shagren

JERSEY CAPE REALTY Listed on: 10/06/2020

Last Buyer's Agent

Starr Taylor

LONG & FOSTER REAL ESTATE, INC cm

LONG & FOSTER REAL ESTATE, INC cm

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,055

Lot Details

  • 7,405

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Pool

  • Outdoor Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 48 / 21

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,055

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Corner
  • District Township: 12-West Cape May
  • Also Includes: Blinds
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 101
  • Selling Agent1: 1384
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Dining Room, Kitchen, Dining Area, Pantry, Storage Space

Garage/Parking

  • Parking: 2 Car, Concrete Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: Left Side
  • Common Area Features: Patio, Deck/Porch, Cable TV, Outside Shower
  • Condo Fees: Split
  • Unit Features: Fireplace, Wall To Wall Carpet

Lot Info

  • Lot Number: 48

Tax Info

  • Taxes: 5054.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Feb 23, 2021
Sold by
Gerard Joanne and Gerard John R
Bought by
101-103 Leaming Avenue Condominium
Seller's Agent
Thomas Shagren
JERSEY CAPE REALTY
Buyer's Agent
Starr Taylor
LONG & FOSTER REAL ESTATE, INC cm
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$1,131,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,691
Avg. Annual Appreciation
12.49%
Original Mortgage
$548,250
Outstanding Balance
$489,925
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$641,766

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 28, 2021
Sold by
Miller Dennis L and Miller Susan B
Bought by
Destefano Eugene C and Destefano Marjorie
Seller's Agent
Thomas Shagren
JERSEY CAPE REALTY
Buyer's Agent
Starr Taylor
LONG & FOSTER REAL ESTATE, INC cm
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$489,925
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$641,766

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 12, 2021
Sold by
Miller Dennis L and Miller Susan B
Bought by
Destefano Eugene C and Destefano Marjorie
Seller's Agent
Thomas Shagren
JERSEY CAPE REALTY
Buyer's Agent
Starr Taylor
LONG & FOSTER REAL ESTATE, INC cm
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$489,925
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$641,766

Purchase Details

Closed on
Aug 25, 2006
Sold by
Harper Ronald L and Harper Nancy G
Bought by
Miller Dennis L and Miller Susan B

Purchase Details

Closed on
Feb 14, 2002
Sold by
Bailey Donald L
Bought by
Harper Ronald L and Harper Nancy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
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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
101-103 Leaming Avenue Condominium -- Shore Title
Destefano Eugene C $650,000 Shore Title
Destefano Eugene C $650,000 Misc Company
Miller Dennis L $495,000 Misc Company
Miller Dennis L $495,000 Shore Title
Miller Dennis L $495,000 None Available
Harper Ronald L $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Destefano Eugene C $548,250
Closed Destefano Eugene C $548,250
Previous Owner Harper Ronald L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $650,000 -7.0% --
11/16/2020 11/16/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $699,000 -- --
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 $6,063 $403,100 $222,500 $180,600
2024 $6,063 $403,100 $222,500 $180,600
2023 $6,131 $403,100 $222,500 $180,600
2022 $5,462 $403,100 $222,500 $180,600
2021 $5,160 $403,100 $222,500 $180,600
2020 $5,317 $403,100 $222,500 $180,600
2019 $5,055 $403,100 $222,500 $180,600
2018 $5,099 $403,100 $222,500 $180,600
2017 $4,926 $403,100 $222,500 $180,600
2016 $4,926 $403,100 $222,500 $180,600
2015 $4,632 $403,100 $222,500 $180,600
2014 $4,632 $403,100 $222,500 $180,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Shagren

    JERSEY CAPE REALTY

    (609) 774-1425

    65 in this area

    99 Total Sales

    Thomas Shagren
    Section Image

  • S

    Buyer's Agent in 2021

    Starr Taylor

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 827-2965

    17 in this area

    31 Total Sales

    Starr Taylor
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203883

Cape May County Association of REALTORS®

APN: 12-00021-0000-00048-03-C101

New Jersey Cape May County Cape May 08204

101 Leaming Ave Unit Left Side, Cape May, NJ

This home is located at 101 Leaming Ave Unit Left Side, Cape May, NJ 08204 since 06 October 2020 and is currently estimated at $1,131,691. 101 Leaming Ave Unit Left Side is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High 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.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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