NOT LISTED FOR SALE

1220 Massachusetts Ave Cape May, NJ 08204

Estimated Value: $1,088,970 - $1,196,000

5 Beds
1 Bath
1,648 Sq Ft
$707/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $525,000 $319 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,469/month

207 Days on Market

Highlights

  • Island Location
  • Fenced Yard
  • Eat-In Kitchen
  • Wood Flooring
  • Enclosed patio or porch
  • Interior Lot

About This Home

As of November 2019

This home is located at 1220 Massachusetts Ave, Cape May, NJ 08204 since 05 April 2019 and is currently estimated at $1,165,243, approximately $707 per square foot. This property was built in 1965. 1220 Massachusetts 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.

Last Agent to Sell the Property

Eric Bednar

JERSEY CAPE REALTY Listed on: 04/05/2019

Last Buyer's Agent

Dagmer Chew

HOMESTEAD REAL ESTATE CO. INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,574

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 50x107
  • Fenced Yard
  • Interior Lot
  • Property is zoned R-2

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Enclosed patio or porch
  • Outdoor Storage

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 4 / 1142

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,574

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 02-Cape May City
  • Also Includes: Shades, Window Treatments
  • Estimated Year Built: 1965
  • New Construction: No
  • Second Address Number: 1220
  • Lot Size2: 50x107
  • Price per Sq Ft: 318.57
  • Selling Agent1: 264
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Storage, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1648
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Stone, Vinyl
  • Frontage: 50
  • Outside Features: Enclosed/Covered Patio, Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: 2 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 4
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 4574

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Nov 14, 2019
Sold by
Mark David Bednar T
Bought by
Melissa Battiatio Ret
Seller's Agent
Eric Bednar
JERSEY CAPE REALTY
Buyer's Agent
Dagmer Chew
HOMESTEAD REAL ESTATE CO. INC.
List Price
$749,900
Sold Price
$525,000
Premium/Discount to List
-$224,900
-29.99%
Current Estimated Value
$1,102,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,474
Avg. Annual Appreciation
12.59%

Purchase Details

Closed on
Feb 24, 2017
Sold by
Finley Gwen M and Bednar Mark David
Bought by
Finley Gwen M and Mark David Bednar Trust

Purchase Details

Closed on
Jan 12, 2017
Sold by
Estate Of Barbara K Bednar and Finley Gwen M
Bought by
Finley Gwen M and Finley Gwen F

Purchase Details

Closed on
Nov 12, 2012
Sold by
Bednar Barbara K
Bought by
Bednar Barbara K

Purchase Details

Closed on
Aug 12, 2009
Sold by
Bednar Barbara
Bought by
Bednar Barbara K and The Barbara K Bednar Revocable Living Tr

Purchase Details

Closed on
Mar 22, 2005
Sold by
Matthews James and Mason Maryann
Bought by
Bednar Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Melissa Battiatio Ret $525,000 None Available
Finley Gwen M -- None Available
Finley Gwen M -- None Available
Bednar Barbara K -- None Available
Bednar Barbara K -- None Available
Bednar Barbara $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bednar Barbara $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $525,000 -30.0% $319 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $749,900 -- $455 / 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 $5,193 $491,300 $341,200 $150,100
2024 $5,193 $491,300 $341,200 $150,100
2023 $5,277 $491,300 $341,200 $150,100
2022 $5,070 $491,300 $341,200 $150,100
2021 $3,789 $491,300 $341,200 $150,100
2020 $4,766 $491,300 $341,200 $150,100
2019 $4,849 $491,300 $341,200 $150,100
2018 $4,574 $491,300 $341,200 $150,100
2017 $4,343 $491,300 $341,200 $150,100
2016 $4,088 $491,300 $341,200 $150,100
2015 $4,250 $491,300 $341,200 $150,100
2014 $4,250 $491,300 $341,200 $150,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eric Bednar

    JERSEY CAPE REALTY

    (609) 602-4722

    Section Image

  • D

    Buyer's Agent in 2019

    Dagmer Chew

    HOMESTEAD REAL ESTATE CO. INC.

    (609) 884-1888

    15 in this area

    48 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 187060

Cape May County Association of REALTORS®

APN: 02-01142-0000-00004

New Jersey Cape May County Cape May 08204

1220 Massachusetts Ave, Cape May, NJ

This home is located at 1220 Massachusetts Ave, Cape May, NJ 08204 since 05 April 2019 and is currently estimated at $1,165,243, approximately $707 per square foot. This property was built in 1965. 1220 Massachusetts 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.

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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