NOT LISTED FOR SALE

1131 Idaho Ave Cape May, NJ 08204

Estimated Value: $2,634,461 - $3,259,000

4 Beds
3 Baths
3,000 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $1,650,000 $550 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $17,907/month

14 Days on Market

Highlights

  • New Construction
  • Furnished
  • 2 Car Detached Garage
  • Main Floor Primary Bedroom
  • Screened Porch
  • Walk-In Closet

About This Home

As of May 2019

This home is located at 1131 Idaho Ave, Cape May, NJ 08204 since 29 March 2019 and is currently estimated at $3,037,115, approximately $1,012 per square foot. This property was built in 2019. 1131 Idaho Ave 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

Kim Russell

CAPE RESORTS REALTY Listed on: 03/29/2019

Last Buyer's Agent

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm

LONG & FOSTER REAL ESTATE, INC cm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,566

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,405

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Screened Porch
  • Storage
  • Wall to Wall Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Utilities

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

Additional Features

  • Outdoor Shower
  • Sprinkler System

Listing and Financial Details

  • Legal Lot and Block 15 / 1119

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,566

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Also Includes: Shades, Blinds, Furniture, See Remarks
  • Estimated Year Built: 2019
  • Beach Proximity: 4 Blocks
  • New Construction: Yes
  • Second Address Number: 1131
  • Lot Size2: 7500
  • Price per Sq Ft: 550
  • Selling Agent1: 2758
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Fireplace- Gas, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3000
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 60
  • Outside Features: Porch, Screened Porch, Cable TV, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, Auto Door Opener, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 15
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 2018

Tax Info

  • Taxes: 4565.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 30, 2019
Sold by
Russell Robert P and Russell Kim S
Bought by
Hoffman Peter J and Hoffman Karen A
Seller's Agent
Kim Russell
CAPE RESORTS REALTY
Buyer's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
List Price
$1,650,000
Sold Price
$1,650,000
Current Estimated Value
$3,037,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,387,115
Avg. Annual Appreciation
10.25%
Original Mortgage
$336,000
Outstanding Balance
$223,937
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,813,178

Purchase Details

Closed on
May 3, 2017
Sold by
Vargo Deborah A
Bought by
Russell Robert P and Russell Kim S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,227,100
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 6, 2009
Sold by
Manogue Megan
Bought by
Vargo Deborah 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
Hoffman Peter J $1,650,000 --
Russell Robert P $650,000 None Available
Vargo Deborah A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holum Solveig A $336,000
Previous Owner Russell Robert P $1,227,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $1,650,000 0.0% $550 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $1,650,000 -- $550 / 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 $16,695 $1,579,500 $446,000 $1,133,500
2024 $16,695 $1,579,500 $446,000 $1,133,500
2023 $16,964 $1,579,500 $446,000 $1,133,500
2022 $16,060 $1,556,200 $446,000 $1,110,200
2021 $15,842 $1,556,200 $446,000 $1,110,200
2020 $15,095 $1,556,200 $446,000 $1,110,200
2019 $4,402 $446,000 $446,000 $0
2018 $4,566 $490,400 $446,000 $44,400
2017 $4,335 $490,400 $446,000 $44,400
2016 $4,080 $490,400 $446,000 $44,400
2015 $4,242 $490,400 $446,000 $44,400
2014 $4,242 $490,400 $446,000 $44,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kim Russell

    CAPE RESORTS REALTY

    Section Image

  • R

    Buyer's Agent in 2019

    Rebecca Chamberlain,SFR,SRES

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 972-7507

    17 in this area

    134 Total Sales

    Rebecca Chamberlain,SFR,SRES
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186927

Cape May County Association of REALTORS®

APN: 02-01119-0000-00015

New Jersey Cape May County Cape May 08204

1131 Idaho Ave, Cape May, NJ

This home is located at 1131 Idaho Ave, Cape May, NJ 08204 since 29 March 2019 and is currently estimated at $3,037,115, approximately $1,012 per square foot. This property was built in 2019. 1131 Idaho Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® 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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