NOT LISTED FOR SALE

1202 Maryland Ave Cape May, NJ 08204

Estimated Value: $1,399,000 - $1,694,742

5 Beds
2 Baths
1,832 Sq Ft
$841/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $550,000 $300 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $8,798/month

181 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Fenced Yard
  • Furnished
  • Den
  • 1 Car Detached Garage

About This Home

As of April 2015

This spotless 5 bedroom,2 1/2 bath home is just 3 short blocks to the beach and is located in a well established quiet and pretty neighborhood. Large 2 story addition in rear features 1st floor great room and 2nd floor master suite. 2 brms. and bath on 1st floor and 2 more brms. and 1/2 bath on 2nd floor in addition to master suite w/ jacuzzu and private deck. Detached garage, fenced yard and screened porch. New 200 amp electric service in 2011. Washer, dryer and refrigerator all less than 4 years old. Rents for $3,000/WEEK during peak season. Very good investment. Survey and Sellers disclosure in associated docs.

Last Agent to Sell the Property

M Lynn Gleeson

Coldwell Banker Sol Needles Real Estate License #7846837 Listed on: 09/25/2014

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1950

Lot Details

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

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Driveway

Pool

  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 3 / 1132

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,775

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 02-Cape May City
  • Near: Beach
  • Also Includes: Drapes, Curtains, Blinds, Furniture
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Fireplace- Wood
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 45
  • House Color: white
  • Outside Features: Screened Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 3
  • Lot Size: 45 x 125
  • Total Assessment: 667700
  • Zoning: R-2
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 5775.61
  • Assessor Parcel Number: 02011320000000030000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2014
Closed on
Apr 24, 2015
Sold by
Kotzen Stanley B and Kotzen Michael
Bought by
Quinn Peter A and Quinn Maryanne
Seller's Agent
M Lynn Gleeson
Coldwell Banker Sol Needles Real Estate
List Price
$619,000
Sold Price
$550,000
Premium/Discount to List
-$69,000
-11.15%
Current Estimated Value
$1,540,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$990,936
Avg. Annual Appreciation
10.69%
Original Mortgage
$250,000
Outstanding Balance
$91,696
Interest Rate
3.02%
Mortgage Type
New Conventional
Estimated Equity
$1,490,015

Purchase Details

Closed on
Jul 29, 2011
Sold by
Kotzen Stanley B
Bought by
Kotzen Stanley B and Kotzen Michael

Purchase Details

Closed on
Dec 14, 2010
Sold by
Kotzen Stanley B
Bought by
Kotzen Stanley B

Purchase Details

Closed on
May 20, 1991
Sold by
Sullivan Sullivan and Sullivan Sachar
Bought by
Epstein Benjamin C and Epstein Baen,Cindy J

Purchase Details

Closed on
Jul 21, 1990
Sold by
Long Eva E
Bought by
Sullivan and Sullivan Sachar
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
Quinn Peter A $550,000 The Title Company Of Jersey
Kotzen Stanley B -- None Available
Kotzen Stanley B -- None Available
Epstein Benjamin C $157,000 --
Sullivan $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinn Peter A $250,000
Previous Owner Kotzen Martha G $417,000
Previous Owner Kotzen Stanley $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $550,000 -11.1% $300 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
09/25/2014 09/25/14 For Sale $619,000 -- $338 / 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 $7,058 $667,700 $481,500 $186,200
2024 $7,058 $667,700 $481,500 $186,200
2023 $7,171 $667,700 $481,500 $186,200
2022 $6,891 $667,700 $481,500 $186,200
2021 $6,797 $667,700 $481,500 $186,200
2020 $6,477 $667,700 $481,500 $186,200
2019 $6,590 $667,700 $481,500 $186,200
2018 $6,216 $667,700 $481,500 $186,200
2017 $5,902 $667,700 $481,500 $186,200
2016 $5,555 $667,700 $481,500 $186,200
2015 $5,776 $667,700 $481,500 $186,200
2014 -- $667,700 $481,500 $186,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    M Lynn Gleeson

    Coldwell Banker Sol Needles Real Estate

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 160250

Cape May County Association of REALTORS®

APN: 02-01132-0000-00003

New Jersey Cape May County Cape May 08204

1202 Maryland Ave, Cape May, NJ

This home is located at 1202 Maryland Ave, Cape May, NJ 08204 since 25 September 2014 and is currently estimated at $1,540,936, approximately $841 per square foot. This property was built in 1950. 1202 Maryland 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.

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