NOT LISTED FOR SALE

1041 Ohio Ave Cape May, NJ 08204

Estimated Value: $1,380,000 - $1,622,000

3 Beds
2 Baths
-- Sq Ft
7,144 Sq Ft Lot

Last Sold April 28, 2015

Last sale price $750,000

Est. 103% increase in value since last sale

Current estimated payment $8,698/month

29 Days on Market

Highlights

  • Ranch Style House
  • Screened Porch
  • Living Room
  • Furnished
  • Walk-In Closet
  • Tile Flooring

About This Home

As of April 2015

Another fabulous Classic Coastal Cottage! Very comfortable island décor. Renovated from the inside out. All new electric, plumbing, HVAC, sheetrock, trim, practically a new home. Gorgeous custom kitchen with sapele wood custom cabinets, quartz countertops, Bosche gas range and dishwasher with custom panel, Kitchenaid refrigerator with custom panel, Grohe faucet, Porcelain tile floors, custom bath vanities, and on and on . Screened porch AND front porch with mahogany floor. Low maintenance exterior with lots of special detail such as custom shutters and pvc trim and rails. Great yard with Landscaping by Cape Shore Gardens and a nice little shed for all the beach stuff and outdoor shower. Built by Certified Master Green Builder so many green and energy efficient features such as SIP (structurally insulated panels) exterior walls on addition, closed crawl with closed cell foam. Home is in Flood Zone B. Can't get any better than this!

Last Agent to Sell the Property

Kim Russell

CAPE RESORTS REALTY Listed on: 02/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,729

Lot Details

  • 7,144

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Screened Porch
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 43 / 1107

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,729

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Blinds, Furniture
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Walk in Closet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Other Rooms: Living Room, Dining Room, Kitchen, 1st Floor Master Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Porch, Screened Porch, Sidewalks

Garage/Parking

  • Parking Garage: Gravel Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 43
  • Lot Size: 57x125
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 3729.02
  • Assessor Parcel Number: 02011070000000430000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Goldfarb Margaret F
Bought by
Margaret F Goldfarb Trust
Current Estimated Value
$1,521,371

Purchase Details

Listed on
Feb 28, 2015
Closed on
Apr 25, 2015
Sold by
Russell Robert P and Russell Kim S
Bought by
Goldfarb Margaret F
Seller's Agent
Kim Russell
CAPE RESORTS REALTY
List Price
$789,900
Sold Price
$750,000
Premium/Discount to List
-$39,900
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$600,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2014
Sold by
Portmess Lisa R
Bought by
Russell Robert R and Russell Kim S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,240
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 1985
Bought by
Portmess Lisa R
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
Margaret F Goldfarb Trust -- None Listed On Document
Goldfarb Margaret F $750,000 Land Svcs Usa West Chester 1
Russell Robert R $358,900 The Title Company Of Jersey
Portmess Lisa R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldfarb Margaret F $600,000
Previous Owner Russell Robert R $283,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $750,000 -5.1% --
03/29/2015 03/29/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $789,900 -- --
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 $7,114 $673,000 $382,000 $291,000
2024 $7,114 $673,000 $382,000 $291,000
2023 $7,228 $673,000 $382,000 $291,000
2022 $6,945 $673,000 $382,000 $291,000
2021 $6,851 $673,000 $382,000 $291,000
2020 $6,528 $673,000 $382,000 $291,000
2019 $6,643 $673,000 $382,000 $291,000
2018 $6,266 $673,000 $382,000 $291,000
2017 $5,949 $673,000 $382,000 $291,000
2016 $5,599 $673,000 $382,000 $291,000
2015 $5,821 $431,100 $382,000 $49,100
2014 -- $431,100 $382,000 $49,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kim Russell

    CAPE RESORTS REALTY

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162641

Cape May County Association of REALTORS®

APN: 02-01107-0000-00043

New Jersey Cape May County Cape May 08204

1041 Ohio Ave, Cape May, NJ

This home is located at 1041 Ohio Ave, Cape May, NJ 08204 since 28 February 2015 and is currently estimated at $1,521,371. 1041 Ohio 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.

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