NOT LISTED FOR SALE

1011 Washington St Cape May, NJ 08204

Estimated Value: $1,095,769 - $1,454,000

3 Beds
2 Baths
1,780 Sq Ft
$698/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $890,000 $500 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,762/month

278 Days on Market

Highlights

  • Barn or Stable
  • Deck
  • Victorian Architecture
  • The property is located in a historic district
  • Cathedral Ceiling
  • 1-minute walk to Cape May Kiwanis Community Park

About This Home

As of June 2023

This home is located at 1011 Washington St, Cape May, NJ 08204 since 29 July 2022 and is currently estimated at $1,241,942, approximately $697 per square foot. This property was built in 1852. 1011 Washington St 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.

Last Agent to Sell the Property

William Kurtz

Coldwell Banker Sol Needles Real Estate Listed on: 07/29/2022

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

William Kurtz

Coldwell Banker Sol Needles Real Estate Listed on: 07/29/2022

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 1852

Lot Details

  • Lot Dimensions are 34x129
  • Interior Lot
  • Property is zoned R-2

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 1,780 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Solar owned by seller
  • The property is located in a historic district
  • Barn or Stable

Listing and Financial Details

  • Legal Lot and Block 8 / 1111

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,210

Year Built

Built in 1852

Lot Details

0.78 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Historical District
  • District Township: 02-Cape May City
  • Estimated Year Built: 1852
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Lot Size2: 34X129
  • Selling Agent2: 392
  • Selling Office2: 72
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1852

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Smoke/Fire Alarm
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1780
  • Other Rooms: Living Room, Dining Room, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Victorian, Three Story
  • Exterior: Shingle, Wood, Solar Panels-Owned
  • House Color: Cedar Shake
  • Outside Features: Patio, Deck, Screened Porch, Storage Building, Cable TV, Barn/Stables/Kennels

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Other Air Conditioning
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 8
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 413000
  • Zoning: R-2

Tax Info

  • Taxes: 4210.45
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Jun 13, 2023
Sold by
Steenrod Robert L and Steenrod Linda Aldridge
Bought by
Scheffer Jason M and Scheffer Jean M
Seller's Agent
William Kurtz
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
William Kurtz
Coldwell Banker Sol Needles Real Estate
List Price
$995,000
Sold Price
$890,000
Premium/Discount to List
-$105,000
-10.55%
Views
630
Current Estimated Value
$1,241,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,942
Avg. Annual Appreciation
13.29%
Original Mortgage
$729,000
Outstanding Balance
$707,117
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$534,825

Purchase Details

Closed on
Feb 18, 2006
Sold by
Steenrod Robert L and Steenrod Linda Aldridge
Bought by
Steenrod Robert L and Steenrod Linda Aldridge

Purchase Details

Closed on
Aug 19, 1995
Sold by
Entriken Jane
Bought by
Steenrod Robert and Steenrod Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.61%

Purchase Details

Closed on
May 24, 1990
Sold by
Entriken Walter M and Entriken Jane A
Bought by
Entriken Walter M and Entriken Jane A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scheffer Jason M $890,000 First American Title
Steenrod Robert L -- None Available
Steenrod Robert $148,000 --
Entriken Walter M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheffer Jason M $729,000
Previous Owner Steenrod Robert $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $890,000 -1.0% $500 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $899,000 -0.1% $505 / Sq Ft
04/03/2023 04/03/23 Price Changed $899,999 -2.7% $506 / Sq Ft
01/23/2023 01/23/23 Price Changed $924,999 0.0% $520 / Sq Ft
01/23/2023 01/23/23 Price Changed $925,000 -2.5% $520 / Sq Ft
12/02/2022 12/02/22 Price Changed $949,000 -4.1% $533 / Sq Ft
10/07/2022 10/07/22 Price Changed $990,000 -0.5% $556 / Sq Ft
07/29/2022 07/29/22 For Sale $995,000 -- $559 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $4,372 $413,600 $264,500 $149,100
2024 $4,442 $413,600 $264,500 $149,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222397

Cape May County Association of REALTORS®

APN: 02-01111-0000-00008

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