$410,000
SOLD APR 3, 2017

120 Third Ave Cape May, NJ 08204

3 Beds
1 Bath
1,407 Sq Ft
1.15 Acres

Recently Sold

$291 Per Sq Ft

3% Above List Price

10 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Victorian Architecture
  • West Cape May Elementary School Rated A
  • Main Floor Primary Bedroom
  • 5-minute walk to Wilbraham Park

About This Home

As of March 2021

This home is located at 120 Third Ave, Cape May, NJ 08204 and is currently priced at $410,000, approximately $291 per square foot. This property was built in 1885. 120 Third Ave is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

Ellen M. Shaw, GRI

LONG & FOSTER REAL ESTATE, INC cm Listed on: 03/06/2017

Last Buyer's Agent

James Zeitler

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 50x115
  • Fenced Yard
  • Interior Lot
  • Cleared Lot

Home Design

  • Victorian Architecture
  • Wood Siding
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Pad

Outdoor Features

  • Patio
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Location

  • The property is located in a historic district
  • Island Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 35

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,182

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Inside Lot, Island, Historical District
  • District Township: 12-West Cape May
  • Near: Broadway
  • Estimated Year Built: 1885
  • New Construction: No
  • Second Address Number: 120
  • Lot Size2: 50x115
  • Selling Agent1: 1861
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1885

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Laundry/Utility Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, Victorian
  • Exterior: Asbestos, Wood
  • Frontage: 50
  • House Color: white
  • Outside Features: Patio, Porch, Grill, Fenced Yard, Storage Building, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 2 Car, Detached

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Gas Natural, Baseboard
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 15
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 3640000
  • Zoning: Res

Tax Info

  • Taxes: 4182
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 30, 2021
Sold by
Salty Toggle Prop Llc
Bought by
Branson Allan L and Rosenkopf Lori J
Seller's Agent
James Zeitler
JERSEY CAPE REALTY
Buyer's Agent
Kim Tupper
BERKSHIRE HATHAWAY HS FOX & ROACH oc109
List Price
$1,100,000
Sold Price
$1,207,000
Premium/Discount to List
$107,000
9.73%
Current Estimated Value
$1,699,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,912
Avg. Annual Appreciation
7.87%
Original Mortgage
$712,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 6, 2017
Closed on
Apr 3, 2017
Sold by
Mcelgunn Timothy and Mc Elgunn Francine
Bought by
Salty Toggle Properties Llc
Seller's Agent
Ellen M. Shaw, GRI
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
James Zeitler
JERSEY CAPE REALTY
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.08%

Purchase Details

Closed on
Nov 27, 2002
Sold by
Kiesel June R
Bought by
Mcelgunn Timothy and Mcelgunn Francine Casola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.34%

Purchase Details

Closed on
Jan 29, 1993
Sold by
Pickell Sarah M
Bought by
Kiesel June R
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 Type Sale Price Title Company
Deed $1,207,000 None Available
Deed $1,207,000 New Title Company Name
Bargain Sale Deed $410,000 None Available
Deed $315,000 --
Deed $118,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $712,500 Purchase Money Mortgage
Previous Owner $252,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $1,207,000 +9.7% $858 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,100,000 +168.3% $782 / Sq Ft
04/03/2017 04/03/17 Sold $410,000 +2.8% $291 / Sq Ft
03/06/2017 03/06/17 For Sale $399,000 -- $284 / 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 $12,082 $803,300 $254,600 $548,700
2024 $12,082 $803,300 $254,600 $548,700
2023 $12,218 $803,300 $254,600 $548,700
2022 $10,885 $803,300 $254,600 $548,700
2021 $4,857 $387,300 $254,600 $132,700
2020 $5,108 $387,300 $254,600 $132,700
2019 $4,565 $364,000 $254,600 $109,400
2018 $4,605 $364,000 $254,600 $109,400
2017 $4,448 $364,000 $254,600 $109,400
2016 $4,448 $364,000 $254,600 $109,400
2015 $4,182 $364,000 $254,600 $109,400
2014 $4,182 $364,000 $254,600 $109,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175033

Cape May County Association of REALTORS®

APN: 12-00035-0000-00015