NOT LISTED FOR SALE

1204 Maryland Ave Cape May, NJ 08204

Estimated Value: $1,800,000 - $2,353,000

4 Beds
3 Baths
2,000 Sq Ft
$1,017/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $950,000 $475 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $11,632/month

91 Days on Market

Highlights

  • New Construction
  • Furnished
  • 1.5 Car Detached Garage
  • Wood Flooring
  • Cottage
  • Enclosed Patio or Porch

About This Home

As of January 2016

Another Classic Coastal Cottage! To the studs and beyond makes this truly "one of a kind" custom home better than all new. Not the typical "builder box" but a professionally, thoughtfully designed beach bungalow with exquisite finishes and workmanship. Offered completely furnished. If details matter to you this home is a must see! Four bedrooms and three baths with one of those bedrooms on the first floor. Spectacular kitchen and baths. Showings by appointment. Owner is a NJ licensed REALTOR.

Last Agent to Sell the Property

Kim Russell

CAPE RESORTS REALTY Listed on: 09/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,385

Lot Details

  • Property is zoned R-2

Home Design

  • New Construction
  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / 1132

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,385

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Shades, Blinds, Furniture, Window Treatments
  • Beach Proximity: 3 Blocks
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Kitchen Center Island
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Estimated Living Sq Ft: 2000
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry Closet

Exterior Features

  • Construction: Cottage
  • Exterior: Vinyl
  • Frontage: 45
  • Outside Features: Patio, Enclosed/Covered Patio, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Auto Door Opener, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Electric
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 5
  • Lot Size: 45x125
  • Zoning: R-2
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 5385.49
  • Assessor Parcel Number: 02011320000000050000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Martz Joseph S and Martz Kathryn B
Bought by
J S & Kathryn B Martz Ret
Current Estimated Value
$2,033,614

Purchase Details

Listed on
Sep 9, 2015
Closed on
Jan 8, 2016
Sold by
Russell Kim S and Russell Robert P
Bought by
Martz Joseph S and Martz Kathryn B
Seller's Agent
Kim Russell
CAPE RESORTS REALTY
List Price
$1,080,000
Sold Price
$950,000
Premium/Discount to List
-$130,000
-12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Listed on
Sep 27, 2014
Closed on
Dec 17, 2014
Sold by
Dent James W
Bought by
Russell Kim S and Russell Robert P
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$530,000
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.21%
Original Mortgage
$397,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2003
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
J S & Kathryn B Martz Ret -- None Available
Martz Joseph S $950,000 Victorian Abstract Agency
Russell Kim S $530,000 The Title Company Of Jersey
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Kim S $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $950,000 -12.0% $475 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $1,080,000 +103.8% $540 / Sq Ft
12/31/2014 12/31/14 Sold $530,000 0.0% $351 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
09/27/2014 09/27/14 For Sale $530,000 -- $351 / 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 $9,558 $904,300 $481,500 $422,800
2024 $9,558 $904,300 $481,500 $422,800
2023 $9,712 $904,300 $481,500 $422,800
2022 $9,332 $904,300 $481,500 $422,800
2021 $9,206 $904,300 $481,500 $422,800
2020 $8,772 $904,300 $481,500 $422,800
2019 $8,925 $904,300 $481,500 $422,800
2018 $8,419 $904,300 $481,500 $422,800
2017 $7,994 $904,300 $481,500 $422,800
2016 $5,180 $622,600 $481,500 $141,100
2015 $5,385 $622,600 $481,500 $141,100
2014 $5,135 $622,600 $481,500 $141,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166106

Cape May County Association of REALTORS®

APN: 02-01132-0000-00005