NOT LISTED FOR SALE

1023 Washington St Cape May, NJ 08204

Estimated Value: $1,235,000 - $1,752,000

4 Beds
2 Baths
2,188 Sq Ft
$677/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $865,000 $395 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $8,573/month

6 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Victorian Architecture
  • The property is located in a historic district
  • Wood Flooring
  • 2-minute walk to Cape May Kiwanis Community Park

About This Home

As of June 2019

Sellers Disclosure and LBPD in Assoc Docs.

Last Agent to Sell the Property

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 04/25/2019

Last Buyer's Agent

Chip Watson

eXp REALTY - WC

eXp REALTY - WC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,720

Year Built

  • Built in 1904 | Newly Remodeled

Lot Details

  • Lot Dimensions are 44x120
  • Fenced Yard
  • Interior Lot

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 2,188 Sq Ft Home
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 1.5 Car Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district
  • Island Location

Utilities

  • Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 1112

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,720

Year Built

Built in 1904 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, See Remarks, Historical District
  • District Township: 02-Cape May City
  • Near: Cape May Physick Estate
  • Also Includes: Shades, Blinds
  • Estimated Year Built: 1904
  • New Construction: Yes
  • Second Address Number: 1023
  • Lot Size2: 44x120
  • Price per Sq Ft: 395.34
  • Selling Agent1: 1031
  • Selling Office1: 808
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1904

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Partial, Inside Entrance, Masonry Floors/Wall
  • Estimated Living Sq Ft: 2188
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Breakfast Nook, Storage Attic, See Remarks

Exterior Features

  • Construction: Victorian
  • Exterior: Wood
  • Frontage: 44
  • Outside Features: Deck, Porch, Fenced Yard, Sidewalks, See Remarks

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5720.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 1999
Sold by
Tornambe Joseph
Bought by
Wright Donald and Wright Carol
Current Estimated Value
$1,482,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%

Purchase Details

Closed on
Aug 1, 1994
Sold by
Salerno Salvatore J
Bought by
Tornambe Joseph M and Tornambe Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.52%

Purchase Details

Closed on
Jun 29, 1990
Sold by
Corson James and Corson Barbara H
Bought by
Salerno Salvatore J and Salerno Olga
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
Wright Donald $339,000 --
Tornambe Joseph M $220,000 --
Salerno Salvatore J $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadleigh Joy D $506,155
Closed Wright Donald J $150,000
Closed Wright Donald $100,000
Previous Owner Tornambe Joseph M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $865,000 +0.7% $395 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $859,000 -- $393 / 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 $6,707 $634,500 $327,600 $306,900
2024 $6,707 $634,500 $327,600 $306,900
2023 $6,815 $634,500 $327,600 $306,900
2022 $6,548 $634,500 $327,600 $306,900
2021 $6,459 $634,500 $327,600 $306,900
2020 $6,155 $634,500 $327,600 $306,900
2019 $6,064 $614,400 $327,600 $286,800
2018 $5,720 $614,400 $327,600 $286,800
2017 $5,430 $614,300 $327,600 $286,700
2016 $5,111 $614,300 $327,600 $286,700
2015 $5,314 $614,300 $327,600 $286,700
2014 $5,314 $614,300 $327,600 $286,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 187418

Cape May County Association of REALTORS®

APN: 02-01112-0000-00015