NOT LISTED FOR SALE

1125 Ohio Ave Cape May, NJ 08204

Estimated Value: $1,247,000 - $2,649,000

3 Beds
1 Bath
1,122 Sq Ft
$1,805/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $545,000 $486 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $12,237/month

61 Days on Market

Highlights

  • Island Location
  • Fenced Yard
  • Eat-In Kitchen
  • Ranch Style House
  • 4 Car Detached Garage
  • Living Room

About This Home

As of September 2016

Here is your beach house! This 3 bedroom, 1 1/2 bath Rancher just 6 blocks to the beautiful beaches of Cape May, has been in the same family since 1957. This home has a living room, eat in kitchen, full bath plus a family room that was added in 1993 with a half bathroom and lots of space for the family to gather. Laundry closet with washer and gas dryer plus gas heater and a new on-demand gas hot water heater. New Roof installed on the house and the garage in November 2015 and new central air conditioning installed 3 years ago. There is storage space in attic plus there is a 1 1/2 car detached garage. Nice fenced in back yard with outside shower. Concrete driveway allows for off street parking for at least 3 cars. With a few updates this could be a great home for many years to come. Act now and make your dreams of owning a home in Cape May a reality!

Last Agent to Sell the Property

Marion Rowland

RE/MAX SURFSIDE License #8540361 Listed on: 06/24/2016

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 1957

Lot Details

  • Fenced Yard
  • Cleared Lot
  • Property is zoned R-2

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 4 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 19 / 1121

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,522

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Island
  • District Township: 02-Cape May City
  • Near: 6 Blocks to Beach
  • Also Includes: Curtains
  • Estimated Year Built: 1957/1993
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1122
  • Other Rooms: Living Room, Recreation/Family, Eat-In-Kitchen, Storage Attic, 1st Floor Master Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: Green
  • Outside Features: Fenced Yard, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Auto Door Opener, Concrete Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 19
  • Lot Size: 60 x 125
  • Total Assessment: 522800
  • Zoning: R-2
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: > 4522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Sep 23, 2016
Sold by
Starke Robert E and Bayer Karin M
Bought by
Schmal Michael D and Schmal Theresa M
Seller's Agent
Marion Rowland
RE/MAX SURFSIDE
List Price
$569,900
Sold Price
$545,000
Premium/Discount to List
-$24,900
-4.37%
Current Estimated Value
$2,025,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,480,057
Avg. Annual Appreciation
15.78%

Purchase Details

Closed on
May 9, 2013
Sold by
Starke Joan M
Bought by
Starke Robert E and Bayer Karin M
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
Schmal Michael D $545,000 None Available
Starke Robert E $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desmond-Schmal Michael $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $545,000 -4.4% $486 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $569,900 -- $508 / 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 $14,687 $1,389,500 $421,000 $968,500
2024 $14,687 $1,389,500 $421,000 $968,500
2023 $14,923 $1,389,500 $421,000 $968,500
2022 $14,340 $1,389,500 $421,000 $968,500
2021 $14,145 $1,389,500 $421,000 $968,500
2020 $13,478 $1,389,500 $421,000 $968,500
2019 $4,155 $421,000 $421,000 $0
2018 $4,867 $522,800 $421,000 $101,800
2017 $4,622 $522,800 $421,000 $101,800
2016 $4,350 $522,800 $421,000 $101,800
2015 $4,522 $522,800 $421,000 $101,800
2014 $4,522 $522,800 $421,000 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170990

Cape May County Association of REALTORS®

APN: 02-01121-0000-00019