NOT LISTED FOR SALE

1069 Michigan Ave Cape May, NJ 08204

Estimated Value: $1,955,000 - $2,159,767

4 Beds
2 Baths
3,329 Sq Ft
$623/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $840,000 $252 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $12,146/month

624 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Zoned Heating and Cooling System
  • Sun or Florida Room
  • Laundry Room
  • Dining Room

About This Home

As of March 2019

Copy of Survey and Seller Disclosure form are located in associated docs.

Last Agent to Sell the Property

Christina P. Clemans, ABR, CRS, GRI

Tim Kerr Sotheby's International Realty Listed on: 06/26/2017

Last Buyer's Agent

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,458

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 100x125

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 3,329 Sq Ft Home
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Storage In Attic

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 91 / 1110

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,458

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Blinds
  • Estimated Year Built: 1957
  • New Construction: No
  • Second Address Number: 1069
  • Lot Size2: 100x125
  • Price per Sq Ft: 252.33
  • Selling Agent1: 123
  • Selling Office1: 19
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Electric
  • Total Bathrooms: 2.2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3329
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Library/Study, Florida Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Brick, Other
  • Outside Features: Cable TV

Garage/Parking

  • Parking Garage: Garage, 2 Car

Utilities

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

Lot Info

  • Lot Number: 91
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 6457.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Mar 29, 2019
Sold by
Lassner Marguerite A
Bought by
Stevenson Elaine S
Seller's Agent
Christina P. Clemans, ABR, CRS, GRI
Tim Kerr Sotheby's International Realty
Buyer's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
List Price
$995,000
Sold Price
$840,000
Premium/Discount to List
-$155,000
-15.58%
Current Estimated Value
$2,074,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,234,192
Avg. Annual Appreciation
13.88%

Purchase Details

Closed on
Oct 1, 1992
Sold by
Leary Helenclare
Bought by
Lassner Franz G and Lassner Marguerite A
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
Stevenson Elaine S $840,000 Title Company Of New Jersey
Lassner Franz G $300,000 --
Lassner Franz G $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lassner Marguerite $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $840,000 -6.1% $252 / Sq Ft
12/15/2018 12/15/18 Price Changed $895,000 -10.1% $269 / Sq Ft
06/26/2017 06/26/17 For Sale $995,000 -- $299 / 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 $10,124 $957,800 $400,000 $557,800
2024 $10,124 $957,800 $400,000 $557,800
2023 $10,287 $957,800 $400,000 $557,800
2022 $9,885 $957,800 $400,000 $557,800
2021 $7,902 $776,200 $400,000 $376,200
2020 $7,529 $776,200 $400,000 $376,200
2019 $7,661 $776,200 $400,000 $376,200
2018 $7,226 $776,200 $400,000 $376,200
2017 $6,862 $776,200 $400,000 $376,200
2016 $6,458 $776,200 $400,000 $376,200
2015 $6,714 $776,200 $400,000 $376,200
2014 $6,714 $776,200 $400,000 $376,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176974

Cape May County Association of REALTORS®

APN: 02-01110-0000-00091