NOT LISTED FOR SALE

1022 Washington St Cape May, NJ 08204

Cape May Area

Estimated Value: $2,180,000 - $2,527,000

4 Beds
3 Baths
-- Sq Ft
16.65 Acre Lot

Sale Details

Date Sold: August 28, 2020

Last sale price $1,250,000

Est. 87% increase in value since last sale

Current estimated payment $13,821 / mo

169 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Great Room
  • Island Location
  • Main Floor Primary Bedroom
  • 1-minute walk to Cape May Kiwanis Community Park

About This Home

As of August 2020

Taxes approximate based on the 2018 rate of $0.93/$100 of assessed value.

Last Agent to Sell the Property

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 12/10/2019

Last Buyer's Agent

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 12/10/2019

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,044

Lot Details

  • Lot Dimensions are 72.5x100
  • Interior Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • New Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Dining Area
  • Storage
  • Laundry closet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand

Additional Features

  • Porch
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 12.01 / 1110

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,044

Lot Details

16.65 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 02-Cape May City
  • Near: Physic Estate
  • New Construction: Yes
  • Lot Size2: 72.5X100
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Refrigerator, Dishwasher
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Eat-In-Kitchen, Dining Area, Great Room, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story, See Remarks
  • Exterior: Wood
  • Outside Features: Porch, Sidewalks, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, See Remarks

Utilities

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

Lot Info

  • Lot Number: 12.01
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 12043.5
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Aug 28, 2020
Sold by
Bought by
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Current Estimated Value
$2,340,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,090,503
Avg. Annual Appreciation
11.16%
Original Mortgage
$850,000
Outstanding Balance
$738,568
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,601,935
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,250,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $850,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $1,250,000 -3.5% --
05/27/2020 05/27/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $1,295,000 -- --
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,485 $1,086,600 $357,700 $728,900
2025 $11,485 $1,086,600 $357,700 $728,900
2024 $11,485 $1,086,600 $357,700 $728,900
2023 $11,670 $1,086,600 $357,700 $728,900
2022 $11,214 $1,086,600 $357,700 $728,900
2021 $11,062 $1,086,600 $357,700 $728,900
2020 $3,470 $357,700 $357,700 $0
Source: Public Records

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 190786

Cape May County Association of REALTORS®

APN: 02 01110-0000-00012- 01

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