NOT LISTED FOR SALE

1024 Washington St Cape May, NJ 08204

Estimated Value: $1,524,000 - $2,417,000

3 Beds
3 Baths
-- Sq Ft
3.33 Acres

Last Sold April 30, 2018

Last sale price $705,000

Est. 193% increase in value since last sale

Current estimated payment $12,173/month

18 Days on Market

Highlights

  • The property is located in a historic district
  • Sun or Florida Room
  • Screened Porch
  • Ranch Style House
  • Den
  • 2-minute walk to Cape May Kiwanis Community Park

About This Home

As of April 2018

This home is located at 1024 Washington St, Cape May, NJ 08204 since 23 February 2018 and is currently estimated at $2,064,655. This property was built in 1960. 1024 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

Kim Marie Dellas, SRES, GRI, ABR, SRS

DELLAS AGENCY License #8739689 Listed on: 02/23/2018

Last Buyer's Agent

Patricia Gray Hendricks

LONG & FOSTER REAL ESTATE, INC cm

LONG & FOSTER REAL ESTATE, INC cm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 145 x 100
  • Interior Lot
  • Cleared Lot
  • Property is zoned R-2

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Screened Porch
  • Storage
  • Storage In Attic
  • Intercom

Kitchen

  • Oven
  • Stove
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • The property is located in a historic district

Listing and Financial Details

  • Legal Lot and Block 12 / 1110

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,070

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Inside Lot, Historical District
  • District Township: 02-Cape May City
  • Near: Madison Ave/Washington St
  • Also Includes: Curtains, Blinds
  • Estimated Year Built: 1960
  • New Construction: No
  • Second Address Number: 1024
  • Lot Size2: 145 X 100
  • Selling Agent1: 2188
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Intercom, Stove Electric
  • Interior Amenities: Storage, Wall to Wall Carpet, Cedar Closet, Fireplace- Wood, Slab Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Total Rooms: 11
  • Basement: Slab
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Pantry, Laundry/Utility Room, Florida Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Brick, Wood
  • Frontage: 145
  • House Color: Tan
  • Outside Features: Porch, Screened Porch, Storage Building, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

  • Cooling: Wall Air Conditioning, Window Air Conditioning
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 601800
  • Zoning: R-2

Tax Info

  • Taxes: 5069.91
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Cape Real Estate Dev Llc
Bought by
Stortini Angelo G and Stortini Marie J
Current Estimated Value
$2,064,655

Purchase Details

Closed on
Apr 26, 2019
Sold by
Alvarez Johnna and Alvarez Jaime
Bought by
Cape Real Est Developers

Purchase Details

Listed on
Feb 23, 2018
Closed on
Apr 30, 2018
Sold by
Demarest Eleanor M and Mcgrath Eleanor
Bought by
Alvarez Johnna and Alvarez Jaime
Seller's Agent
Kim Marie Dellas, SRES, GRI, ABR, SRS
DELLAS AGENCY
Buyer's Agent
Patricia Gray Hendricks
LONG & FOSTER REAL ESTATE, INC cm
List Price
$724,900
Sold Price
$705,000
Premium/Discount to List
-$19,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%
Original Mortgage
$450,000
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Stortini Angelo G $1,256,500 None Available
Cape Real Est Developers $775,000 Seaboard Title
Alvarez Johnna $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Johnna $450,000
Previous Owner Demarest Eleanor M $907,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $705,000 -2.7% --
03/31/2018 03/31/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $724,900 -- --
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 $12,117 $1,146,400 $357,700 $788,700
2024 $12,117 $1,146,400 $357,700 $788,700
2023 $12,312 $1,146,400 $357,700 $788,700
2022 $11,831 $1,146,400 $357,700 $788,700
2021 $11,670 $1,146,400 $357,700 $788,700
2020 $3,470 $357,700 $357,700 $0
2019 $4,705 $601,800 $416,900 $184,900
2018 $5,070 $601,800 $416,900 $184,900
2017 $5,070 $601,800 $416,900 $184,900
2016 $4,757 $601,800 $416,900 $184,900
2015 $4,956 $601,800 $416,900 $184,900
2014 $4,956 $601,800 $416,900 $184,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180552

Cape May County Association of REALTORS®

APN: 02-01110-0000-00012