NOT LISTED FOR SALE

1207 Holmes Ave Cape May, NJ 08204

Estimated Value: $655,000 - $760,000

4 Beds
2 Baths
1,788 Sq Ft
$391/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $212,500 $119 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $4,139/month

105 Days on Market

Highlights

  • Property near a bay
  • 2-Story Property
  • Corner Lot
  • Deck
  • Wood Flooring
  • Great Room

About This Home

As of August 2016

This unique 4 BR/2.5 BA home is positioned on a 65 x 125 fenced-in corner lot located in the desirable Bay Front Community of North Cape May. Beautiful sunsets are just 4 short blocks away. The home includes a living room, family room, eat in kitchen, and original hardwood floors. Additional bonus space could be used as guest quarters, game room, art studio or a third living room. Other amenities include mature gardens, a shed, as well as an enclosed outdoor shower. This home presents a buyer or investor with vision an opportunity to create an adorable single family home in Lower Township. It is a must see!

Last Agent to Sell the Property

Kathleen Satt

deSatnick Real Estate LLC - Cape May Listed on: 04/16/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1952

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • Driveway

Home Design

  • 2-Story Property
  • Asbestos Siding

Interior Spaces

  • 1,788 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Living Room
  • Crawl Space
  • Storage In Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 4 / 637

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,339

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Estimated Year Built: 1952
  • Bay Proximity: 4 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Appliances Included: Range, Oven
  • Interior Amenities: Wood Flooring, Laminate Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1788
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Laundry/Utility Room, Great Room, Storage Attic

Exterior Features

  • Construction: Ranch, Two Story
  • Exterior: Asbestos
  • House Color: Red
  • Outside Features: Patio, Deck, Fenced Yard, Storage Building, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Gas Natural, Electric, Baseboard
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 4
  • Lot Size: 65 X 125
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 3339.84
  • Assessor Parcel Number: 05006370000000040000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2016
Closed on
Aug 29, 2016
Sold by
Belasco Myra and David V Kerman Trust
Bought by
Overline Martin J and Munizza Cathy
Seller's Agent
Kathleen Satt
deSatnick Real Estate LLC - Cape May
List Price
$249,000
Sold Price
$212,500
Premium/Discount to List
-$36,500
-14.66%
Current Estimated Value
$699,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,826
Avg. Annual Appreciation
12.96%
Original Mortgage
$159,375
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2012
Sold by
Kerman David V and Kerman Sheila M
Bought by
David V Kerman Trust
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
Overline Martin J $212,500 None Available
David V Kerman Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Overline Martin J $159,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $212,500 -14.7% $119 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $249,000 -- $139 / 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 $4,032 $198,800 $116,400 $82,400
2024 $4,032 $198,800 $116,400 $82,400
2023 $3,974 $198,800 $116,400 $82,400
2022 $3,853 $198,800 $116,400 $82,400
2021 $3,586 $198,800 $116,400 $82,400
2020 $3,678 $198,800 $116,400 $82,400
2019 $3,586 $198,800 $116,400 $82,400
2018 $3,501 $198,800 $116,400 $82,400
2017 $3,505 $198,800 $116,400 $82,400
2016 $3,451 $198,800 $116,400 $82,400
2015 $3,340 $198,800 $116,400 $82,400
2014 $3,231 $198,800 $116,400 $82,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kathleen Satt

    deSatnick Real Estate LLC - Cape May

    (609) 884-1300

    34 in this area

    58 Total Sales

    Kathleen Satt
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169780

Cape May County Association of REALTORS®

APN: 05-00637-0000-00004

New Jersey Cape May County Cape May 08204

1207 Holmes Ave, Cape May, NJ

This home is located at 1207 Holmes Ave, Cape May, NJ 08204 since 16 April 2016 and is currently estimated at $699,326, approximately $391 per square foot. This property was built in 1952. 1207 Holmes Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams 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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