NOT LISTED FOR SALE

1014 Cape May Ave Cape May, NJ 08204

Estimated Value: $2,052,000 - $2,665,000

5 Beds
3 Baths
1,602 Sq Ft
$1,559/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $1,725,000 $1,077 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $14,049/month

64 Days on Market

Highlights

  • Island Location
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Wood Flooring
  • Sun or Florida Room
  • Eat-In Kitchen

About This Home

As of March 2021

This home is located at 1014 Cape May Ave, Cape May, NJ 08204 since 22 November 2020 and is currently estimated at $2,497,012, approximately $1,558 per square foot. This property was built in 2011. 1014 Cape May Ave 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

Andrea Moffatt

Tim Kerr Sotheby's International Realty Listed on: 11/22/2020

Last Buyer's Agent

Thomas Shagren

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,076

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 75x125
  • Interior Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Bar
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Patio

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8 / 1105

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,076

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 02-Cape May City
  • Near: Cape May Ave
  • Also Includes: Window Treatments
  • Estimated Year Built: 2011
  • New Construction: No
  • Second Address Number: 1014
  • Lot Size2: 75x125
  • Selling Agent1: 1499
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Bar, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Pantry, Laundry/Utility Room, Florida Room, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Patio, Cable TV, Outside Shower, See Remarks

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 8
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 9076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2020
Closed on
Mar 5, 2021
Sold by
Bowne Martin J and Bowne Lenore C
Bought by
Knight Claude D and Knight Lea D
Seller's Agent
Andrea Moffatt
Tim Kerr Sotheby's International Realty
Buyer's Agent
Thomas Shagren
JERSEY CAPE REALTY
List Price
$1,665,000
Sold Price
$1,725,000
Premium/Discount to List
$60,000
3.6%
Current Estimated Value
$2,497,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,012
Avg. Annual Appreciation
10.51%
Original Mortgage
$1,380,000
Outstanding Balance
$1,239,880
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,481,496

Purchase Details

Closed on
Feb 18, 2011
Sold by
Tornberg David and Tornberg Diane
Bought by
Bowne Martin J and Bowne Lenore C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2004
Sold by
Raysun Property Management Inc
Bought by
Tornberg David and Tornberg Diane
Source: Public Records

Range of Values:

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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
Knight Claude D $1,725,000 None Available
Bowne Martin J $725,000 The Title Company Of Jersey
Tornberg David $735,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Claude D $1,380,000
Previous Owner Bowne Martin J $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $1,725,000 +3.6% $1,077 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
11/22/2020 11/22/20 For Sale $1,665,000 -- $1,039 / 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 $9,720 $919,600 $565,000 $354,600
2024 $9,720 $919,600 $565,000 $354,600
2023 $9,877 $919,600 $565,000 $354,600
2022 $9,490 $919,600 $565,000 $354,600
2021 $8,920 $919,600 $565,000 $354,600
2020 $8,920 $919,600 $565,000 $354,600
2019 $9,076 $919,600 $565,000 $354,600
2018 $8,561 $919,600 $565,000 $354,600
2017 $8,129 $919,600 $565,000 $354,600
2016 $7,651 $919,600 $565,000 $354,600
2015 $7,955 $919,600 $565,000 $354,600
2014 $7,955 $919,600 $565,000 $354,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrea Moffatt

    Tim Kerr Sotheby's International Realty

    (609) 884-3332

    15 in this area

    16 Total Sales

    Andrea Moffatt
    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Shagren

    JERSEY CAPE REALTY

    (609) 774-1425

    66 in this area

    101 Total Sales

    Thomas Shagren
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204538

Cape May County Association of REALTORS®

APN: 02-01105-0000-00008

New Jersey Cape May County Cape May 08204

1014 Cape May Ave, Cape May, NJ

This home is located at 1014 Cape May Ave, Cape May, NJ 08204 since 22 November 2020 and is currently estimated at $2,497,012, approximately $1,558 per square foot. This property was built in 2011. 1014 Cape May Ave 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.

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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