Seller's Agent in 2021
Brian Groetsch
RE/MAX SURFSIDE
(609) 972-6339
31 in this area
117 Total Sales
107 Ocean St Cape May, NJ 08204
Estimated Value: $1,520,000 - $2,726,000
5
Beds
4
Baths
2,788
Sq Ft
$824/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Wood Flooring
- Victorian Architecture
- Property is near a beach
- Main Floor Primary Bedroom
- 4-minute walk to Cape May Rotary Park
About This Home
As of May 2021The property maintains a license for 4 Units, which could be used in full or part for the future owners. This would allow for the rental of the previous 4 suites, and owner use of the 3rd floor bedrooms and existing kitchen, or to split the house up in to 2 larger units with a 2BR/2BA on the first floor and the upper two floors with 4BR/2BA.
Last Agent to Sell the Property
RE/MAX SURFSIDE License #0451111 Listed on: 10/22/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,838
Year Built
- Built in 1888
Lot Details
- Lot Dimensions are 50 x 80
- Fenced Yard
- Interior Lot
- Sprinkler System
- Property is zoned R-S
Home Design
- Victorian Architecture
- Wood Siding
Interior Spaces
- 2,788 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- Electric Fireplace
- Drapes & Rods
- Blinds
- Living Room
- Den
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Cedar Closet
- Walk-In Closet
- 4 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Partial Basement
- Interior Basement Entry
Parking
- 2 Car Garage
- Parking Pad
Outdoor Features
- Outdoor Shower
- Property is near a beach
- Porch
Location
- The property is located in a historic district
- Island Location
Utilities
- Forced Air Zoned Heating and Cooling System
- Radiator
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 25 / 1057
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2020
Closed on
May 18, 2021
Sold by
Mcmain Douglas S and Mcmain Anna M
Bought by
Carlson-Glazer Christine
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Justin Aftanis
HOMESTEAD REAL ESTATE CO. INC.
List Price
$1,995,000
Sold Price
$1,620,000
Premium/Discount to List
-$375,000
-18.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,910
Avg. Annual Appreciation
8.21%
Purchase Details
Closed on
May 26, 2004
Sold by
Wells Dane Tilden and Wells Joan Kerr Facey
Bought by
Mcmain Douglas S and Mcmain Anna Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carlson-Glazer Christine | $1,620,000 | None Available | |
| Mcmain Douglas S | $1,200,000 | The Title Company Of Jersey |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcmain Douglas S | $960,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2021 05/20/21 | Sold | $1,620,000 | -18.8% | $581 / Sq Ft |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- |
| 10/22/2020 10/22/20 | For Sale | $1,995,000 | -- | $716 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $11,607 | $1,098,100 | $506,700 | $591,400 |
| 2024 | $11,607 | $1,098,100 | $506,700 | $591,400 |
| 2023 | $11,794 | $1,098,100 | $506,700 | $591,400 |
| 2022 | $11,332 | $1,098,100 | $506,700 | $591,400 |
| 2021 | $11,179 | $1,098,100 | $506,700 | $591,400 |
| 2020 | $10,652 | $1,098,100 | $506,700 | $591,400 |
| 2019 | $10,838 | $1,098,100 | $506,700 | $591,400 |
| 2018 | $10,223 | $1,098,100 | $506,700 | $591,400 |
| 2017 | $9,707 | $1,098,100 | $506,700 | $591,400 |
| 2016 | $9,136 | $1,098,100 | $506,700 | $591,400 |
| 2015 | $9,499 | $1,098,100 | $506,700 | $591,400 |
| 2014 | $9,499 | $1,098,100 | $506,700 | $591,400 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Groetsch
-
Christine Lynn
Seller Co-Listing Agent in 2021
Christine Lynn
RE/MAX SURFSIDE
(609) 780-7344
24 in this area
106 Total Sales
-
Justin Aftanis
J
Buyer's Agent in 2021
Justin Aftanis
HOMESTEAD REAL ESTATE CO. INC.
(609) 425-3727
19 in this area
26 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 204157
APN: 02-01057-0000-00025
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Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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