NOT LISTED FOR SALE

1045 Washington St Cape May, NJ 08204

Estimated Value: $1,638,000 - $3,109,000

5 Beds
3 Baths
2,903 Sq Ft
$781/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $2,250,000 $775 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,822/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Victorian Architecture
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • 3-minute walk to Cape May Kiwanis Community Park

About This Home

As of November 2021

This home is located at 1045 Washington St, Cape May, NJ 08204 since 26 August 2021 and is currently estimated at $2,266,849, approximately $780 per square foot. This property was built in 1878. 1045 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

Scott Zielinski

eXp REALTY License #1645364 Listed on: 08/26/2021

eXp REALTY

Last Buyer's Agent

Michael Alessi

KELLER WILLIAMS REALTY - MEDFORD License #8536340

KELLER WILLIAMS REALTY - MEDFORD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,048

Year Built

  • Built in 1878

Lot Details

  • Lot Dimensions are 85x125
  • Fenced Yard
  • Corner Lot

Home Design

  • Victorian Architecture
  • Asbestos Siding

Interior Spaces

  • 2,903 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Screened Porch
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Detached Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

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 10 / 1112

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,048

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 02-Cape May City
  • Also Includes: See Remarks
  • Estimated Year Built: 1878
  • New Construction: No
  • Second Address Number: 1045
  • Lot Size2: 85x125
  • Price per Sq Ft: 775.06
  • Selling Agent1: 4298
  • Selling Office1: 670
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1878

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Fireplace- Wood, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 13
  • Basement: Partial, Inside Entrance
  • Estimated Living Sq Ft: 2903
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Pantry, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Victorian
  • Exterior: Asbestos
  • Outside Features: Deck, Screened Porch, Fenced Yard, Storage Building, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Detached, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 10
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 623500
  • Zoning: RES

Tax Info

  • Taxes: 6047.95
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Nov 12, 2021
Sold by
Morier Laurence E and Morier Debra P
Bought by
Iannacone Ronald D
Seller's Agent
Scott Zielinski
eXp REALTY
Buyer's Agent
Michael Alessi
KELLER WILLIAMS REALTY - MEDFORD
List Price
$2,300,000
Sold Price
$2,250,000
Premium/Discount to List
-$50,000
-2.17%
Current Estimated Value
$2,266,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,849
Avg. Annual Appreciation
0.19%
Original Mortgage
$1,800,000
Outstanding Balance
$1,659,575
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$607,274

Purchase Details

Closed on
Nov 17, 1994
Sold by
Thomas Alan
Bought by
Morier Laurence and Morier Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.9%

Purchase Details

Closed on
Jan 19, 1990
Sold by
Thomas Alan and Thomas Michael
Bought by
Thomas Alan
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
Iannacone Ronald D $2,250,000 None Available
Morier Laurence $255,000 --
Thomas Alan $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iannacone Ronald D $1,800,000
Previous Owner Morier Laurence E $626,000
Previous Owner Morier 3Rd Laurence E $640,000
Previous Owner Morier Laurence E $262,171
Previous Owner Morier Laurence E $275,000
Previous Owner Morier Laurence E $250,000
Previous Owner Morier Laurence E $603,000
Previous Owner Morier Laurence E $100,000
Previous Owner Morier Laurence $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $2,250,000 -2.2% $775 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $2,300,000 -- $792 / 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 $6,801 $643,400 $380,500 $262,900
2024 $6,801 $643,400 $380,500 $262,900
2023 $6,910 $643,400 $380,500 $262,900
2022 $6,435 $623,500 $380,500 $243,000
2021 $6,347 $623,500 $380,500 $243,000
2020 $6,048 $623,500 $380,500 $243,000
2019 $6,154 $623,500 $380,500 $243,000
2018 $5,805 $623,500 $380,500 $243,000
2017 $5,512 $623,500 $380,500 $243,000
2016 $5,188 $623,500 $380,500 $243,000
2015 $5,393 $623,500 $380,500 $243,000
2014 $5,393 $623,500 $380,500 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213166

Cape May County Association of REALTORS®

APN: 02-01112-0000-00010