NOT LISTED FOR SALE

1129 Washington St Cape May, NJ 08204

Estimated Value: $940,000 - $1,782,370

3 Beds
1 Bath
1,464 Sq Ft
$893/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $365,000 $249 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $7,734/month

369 Days on Market

Highlights

  • Island Location
  • Sun or Florida Room
  • Patio
  • Wood Flooring
  • Den
  • Living Room

About This Home

As of August 2016

The Historic John Hand House is arguably the oldest homes in Cape May according to the Seller. Nestled on tree-lined Washington Street, this 3 BR/1.5 BA offers lots of character throughout. Level one offers a sun-room, living room with wood burning fireplace, a dining room, kitchen and a wash room off of the kitchen. Level two offers three bedrooms and a full bathroom equipped with a tub and shower. Original beautiful hardwood floors and woodwork are displayed throughout the home. This home also has a basement and spacious storage attic. This home is also positioned on a large lot and has an outdoor shower, patio and storage shed in the back yard.

Last Agent to Sell the Property

Todd deSatnick

deSatnick Real Estate LLC - Cape May License #9806297 Listed on: 07/29/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,284

Lot Details

  • 7,971

Parking

  • Parking Pad

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Oven
  • Stove
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage

Additional Features

  • Island Location
  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 28 / 1113

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,284

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 02-Cape May City
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Stove Electric
  • Interior Amenities: Wood Flooring, Fireplace- Wood, Laminate Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 10
  • Basement: Full
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Laundry/Utility Room, Florida Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Outside Features: Patio, Storage Building, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 28
  • Lot Size: 66x121
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 4284.35
  • Assessor Parcel Number: 02011130000000280000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Aug 18, 2016
Sold by
Dean Harry W and Dean Claire
Bought by
Gibbs Scott and Gibbs Rhonda
Seller's Agent
Todd deSatnick
deSatnick Real Estate LLC - Cape May
List Price
$620,000
Sold Price
$365,000
Premium/Discount to List
-$255,000
-41.13%
Current Estimated Value
$1,307,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,093
Avg. Annual Appreciation
14.73%

Purchase Details

Closed on
Jun 26, 2001
Sold by
Reilly Mary C
Bought by
Dean Harry W and Dean Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
7.21%
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
Gibbs Scott $365,000 None Available
Dean Harry W $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Scott $600,000
Previous Owner Dean Harry W $175,500
Previous Owner Dean Harry W $169,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $365,000 -41.1% $249 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/29/2015 07/29/15 For Sale $620,000 -- $423 / 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 $7,351 $695,500 $361,100 $334,400
2024 $7,351 $695,500 $361,100 $334,400
2023 $7,470 $695,500 $361,100 $334,400
2022 $7,178 $695,500 $361,100 $334,400
2021 $7,080 $695,500 $361,100 $334,400
2020 $6,746 $695,500 $361,100 $334,400
2019 $6,865 $695,500 $361,100 $334,400
2018 $4,611 $495,300 $361,100 $134,200
2017 $4,378 $495,300 $361,100 $134,200
2016 $4,121 $495,300 $361,100 $134,200
2015 $4,284 $495,300 $361,100 $134,200
2014 $4,284 $495,300 $361,100 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165403

Cape May County Association of REALTORS®

APN: 02-01113-0000-00028