Seller's Agent in 2022
George Delollis
Coldwell Banker James C Otton Real Estate
(609) 368-2000
7 in this area
52 Total Sales
116 Folsom Ave Cape May, NJ 08204
Estimated Value: $925,000 - $1,047,000
3
Beds
3
Baths
2,205
Sq Ft
$453/Sq Ft
Est. Value
Highlights
- Property near a bay
- Sun or Florida Room
- Workshop
- Wood Flooring
- Den
- Fenced Yard
About This Home
As of October 2022This home is located at 116 Folsom Ave, Cape May, NJ 08204 since 07 July 2022 and is currently estimated at $997,889, approximately $452 per square foot. This property was built in 2003. 116 Folsom Ave is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.
Last Agent to Sell the Property
Coldwell Banker James C Otton Real Estate Listed on: 07/07/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,176
Year Built
- Built in 2003
Lot Details
- Lot Dimensions are 60 x 100
- Fenced Yard
- Interior Lot
- Cleared Lot
Home Design
- Vinyl Siding
Interior Spaces
- 2,205 Sq Ft Home
- 2-Story Property
- Bar
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Blinds
- Living Room
- Dining Room
- Den
- Workshop
- Sun or Florida Room
- Storage
- Crawl Space
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Garage
- Parking Pad
- Driveway
Outdoor Features
- Property near a bay
- Enclosed Patio or Porch
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 19 / 534
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2022
Closed on
Oct 14, 2022
Sold by
Brown Todd and Brown Susan J
Bought by
Bily Family Trust and Malkoch/Algeo Family Trust
Seller's Agent
George Delollis
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$829,000
Sold Price
$839,000
Premium/Discount to List
$10,000
1.21%
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
$158,889
Avg. Annual Appreciation
5.59%
Purchase Details
Listed on
Sep 8, 2016
Closed on
May 2, 2017
Sold by
Calhoun James S and Calhoun Mary Ann
Bought by
Brown Todd and Brown Susan J
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
Buyer's Agent
George Delollis
Coldwell Banker James C Otton Real Estate
List Price
$459,000
Sold Price
$432,000
Premium/Discount to List
-$27,000
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%
Purchase Details
Closed on
Aug 1, 2003
Sold by
B & L Investment Group
Bought by
Calhoun James S and Calhoun Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Interest Rate
5.28%
Purchase Details
Closed on
Jun 14, 2002
Sold by
Lamoureux Christopher P
Bought by
B/L Investments
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 |
|---|---|---|---|
| Bily Family Trust | $839,000 | -- | |
| Brown Todd | $432,000 | Shore Title Agency Inc | |
| Calhoun James S | $315,529 | -- | |
| -- | $315,500 | -- | |
| B/L Investments | $59,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Calhoun James S | $333,600 | |
| Previous Owner | Calhoun James S | $32,200 | |
| Previous Owner | -- | $251,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $839,000 | 0.0% | $380 / Sq Ft |
| 07/14/2022 07/14/22 | Price Changed | $839,000 | +1.2% | $380 / Sq Ft |
| 07/13/2022 07/13/22 | For Sale | $829,000 | +91.9% | $376 / Sq Ft |
| 07/13/2022 07/13/22 | Pending | -- | -- | -- |
| 05/02/2017 05/02/17 | Sold | $432,000 | -5.9% | $335 / Sq Ft |
| 04/02/2017 04/02/17 | Pending | -- | -- | -- |
| 09/08/2016 09/08/16 | For Sale | $459,000 | -- | $356 / 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 | $6,662 | $328,500 | $110,000 | $218,500 |
| 2024 | $6,662 | $328,500 | $110,000 | $218,500 |
| 2023 | $6,567 | $328,500 | $110,000 | $218,500 |
| 2022 | $6,366 | $328,500 | $110,000 | $218,500 |
| 2021 | $6,176 | $328,500 | $110,000 | $218,500 |
| 2020 | $6,077 | $328,500 | $110,000 | $218,500 |
| 2019 | $5,926 | $328,500 | $110,000 | $218,500 |
| 2018 | $5,785 | $328,500 | $110,000 | $218,500 |
| 2017 | $5,791 | $328,500 | $110,000 | $218,500 |
| 2016 | $5,703 | $328,500 | $110,000 | $218,500 |
| 2015 | $5,519 | $328,500 | $110,000 | $218,500 |
| 2014 | $5,338 | $328,500 | $110,000 | $218,500 |
Source: Public Records
Agents Affiliated with this Home
-
George Delollis
-
Carol Menz
Buyer's Agent in 2022
Carol Menz
COASTLINE REALTY, LLC
(609) 374-0325
118 in this area
276 Total Sales
-
Ryan Griffin
Seller's Agent in 2017
Ryan Griffin
deSatnick Real Estate LLC - Cape May
(609) 602-5578
47 in this area
117 Total Sales
-
John King
J
Seller Co-Listing Agent in 2017
John King
deSatnick Real Estate LLC - Cape May
(609) 338-8708
2 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 222205
APN: 05-00534-0000-00019
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.
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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