NOT LISTED FOR SALE

1015 Beach Ave Cape May, NJ 08204

Estimated Value: $2,760,000 - $5,420,000

5 Beds
4 Baths
3,105 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $5,050,000 $1,626 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $22,102/month

194 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Outdoor Shower
  • Furnished
  • Laundry Room
  • Forced Air Zoned Heating and Cooling System

About This Home

As of August 2023

This home is located at 1015 Beach Ave, Cape May, NJ 08204 since 29 December 2022 and is currently estimated at $3,934,983, approximately $1,267 per square foot. This property was built in 1875. 1015 Beach 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

Jeff Quintin

eXp REALTY License #9134206 Listed on: 12/29/2022

eXp REALTY

Last Buyer's Agent

Jacqueline Webb

SAGE REALTY GROUP License #1112419

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,406

Year Built

  • Built in 1875

Lot Details

  • 0.33

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,105 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Outdoor Shower
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 3 / 1095

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,406

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Curtains, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 1875
  • New Construction: No
  • Lot Size2: 14349
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1875

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer
  • Interior Amenities: Wood Flooring, Fireplace- Wood
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 15
  • Estimated Living Sq Ft: 3105
  • Other Rooms: Laundry/Utility Room

Exterior Features

  • Exterior: Brick
  • Outside Features: Patio, Outside Shower

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Radiator, Radiant, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1709800

Tax Info

  • Taxes: 17405.76
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Aug 9, 2023
Sold by
1015 Beach Ave Llc
Bought by
Ts 1015 Beach Llc
Seller's Agent
Jeff Quintin
eXp REALTY
Buyer's Agent
Jacqueline Webb
SAGE REALTY GROUP
List Price
$5,500,000
Sold Price
$5,050,000
Premium/Discount to List
-$450,000
-8.18%
Views
1362
Current Estimated Value
$3,934,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,115,017
Avg. Annual Appreciation
-10.67%

Purchase Details

Closed on
Jan 16, 2002
Sold by
Vetter Hazel Lafleur
Bought by
Maclean Jerry R and Maclean Ellen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.08%

Purchase Details

Closed on
Mar 16, 1992
Sold by
Malone Jr Frank J and Malone Annabelle L
Bought by
Lafleur-Vetter Hazel
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ts 1015 Beach Llc $5,050,000 First American Title Insurance
Ts 1015 Beach Llc $5,050,000 First American Title Insurance
Maclean Jerry R $1,175,000 --
Lafleur-Vetter Hazel $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maclean Jerry R $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Sold $5,050,000 -8.2% $1,626 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $5,500,000 -- $1,771 / 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 $18,073 $1,709,800 $1,058,800 $651,000
2024 $18,073 $1,709,800 $1,058,800 $651,000
2023 $18,363 $1,709,800 $1,058,800 $651,000
2022 $17,645 $1,709,800 $1,058,800 $651,000
2021 $17,406 $1,709,800 $1,058,800 $651,000
2020 $16,585 $1,709,800 $1,058,800 $651,000
2019 $16,876 $1,709,800 $1,058,800 $651,000
2018 $15,918 $1,709,800 $1,058,800 $651,000
2017 $15,115 $1,709,800 $1,058,800 $651,000
2016 $14,226 $1,709,800 $1,058,800 $651,000
2015 $14,790 $1,709,800 $1,058,800 $651,000
2014 $14,790 $1,709,800 $1,058,800 $651,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 223731

Cape May County Association of REALTORS®

APN: 02-01095-0000-00003