NOT LISTED FOR SALE

1221 Idaho Ave Cape May, NJ 08204

Estimated Value: $1,828,000 - $2,767,000

4 Beds
3 Baths
-- Sq Ft
6,621 Sq Ft Lot

Last Sold July 10, 2015

Last sale price $1,049,900

Est. 125% increase in value since last sale

Current estimated payment $13,088/month

92 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Wood Flooring
  • Island Location
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of July 2015

NEW CONSTRUCTION by Lawrence A. Pray Builders, Inc. and designed by Steve Fenwick, Architect.. Just four blocks from the beach! Highly desirable first floor master bedroom with en suite bath. Also on the first floor -- great room with beamed ceiling and gas fireplace, kitchen with granite countertops and island with bar sink, dining area, entrance foyer, powder room, and screened porch. Second floor offers second master bedroom with bath, 2 guest bedrooms and a hall bath, as well as a den that opens onto a 14 x 9' deck. Amenities include central air, gas heat, full covered front porch, detached 2-car garage, brick paver driveway, outside shower, and fully landscaped property. Appliances included are side-by-side refrigerator with French door unit below, dishwasher, 5-burner gas range, microwave, and Estate Whirlpool washer and dryer. Don't miss this one! Come enjoy Cape May living at its finest.

Last Agent to Sell the Property

Dolores Lanzalotti

JERSEY CAPE REALTY Listed on: 03/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Interior Lot
  • Property is zoned R-2

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Screened Porch
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 19 / 1134

Home Details

Home Type

Single Family

Est. Annual Taxes

$999

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 02-Cape May City
  • Estimated Year Built: 2015
  • Beach Proximity: 4 Blocks
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Great Room, Storage Attic, 1st Floor Master Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Screened Porch, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 19
  • Lot Size: 53 x 125
  • Zoning: R-2
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 999
  • Assessor Parcel Number: 02011340000000190000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jul 10, 2015
Sold by
Lawrence A Pray Builders Inc
Bought by
Esposito Orlando C and Esposito Holly H
Seller's Agent
Dolores Lanzalotti
JERSEY CAPE REALTY
List Price
$1,049,900
Sold Price
$1,049,900
Current Estimated Value
$2,360,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,310,757
Avg. Annual Appreciation
8.18%
Original Mortgage
$625,000
Outstanding Balance
$464,892
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,895,765

Purchase Details

Closed on
Oct 9, 2014
Sold by
Chelius Albert F and Chelius Margaret
Bought by
Lawrence A Pray Builders Inc

Purchase Details

Closed on
Nov 15, 1979
Bought by
Chelius Albert F and Chelius Margaret
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
Esposito Orlando C $1,049,900 The Title Company Of Jersey
Lawrence A Pray Builders Inc $502,500 None Available
Chelius Albert F $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esposito Orlando C $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2015 07/10/15 Sold $1,049,900 0.0% --
06/10/2015 06/10/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $1,049,900 -- --
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 $8,498 $887,500 $438,300 $449,200
2024 $8,498 $804,000 $438,300 $365,700
2023 $8,635 $804,000 $438,300 $365,700
2022 $8,297 $804,000 $438,300 $365,700
2021 $8,185 $804,000 $438,300 $365,700
2020 $7,799 $804,000 $438,300 $365,700
2019 $7,935 $804,000 $438,300 $365,700
2018 $7,485 $804,000 $438,300 $365,700
2017 $7,107 $804,000 $438,300 $365,700
2016 $6,689 $804,000 $438,300 $365,700
2015 $6,955 $438,300 $438,300 $0
2014 $4,693 $542,500 $438,300 $104,200
Source: Public Records

Agents Affiliated with this Home

  • Dolores Lanzalotti

    Seller's Agent in 2015

    Dolores Lanzalotti

    JERSEY CAPE REALTY

    (609) 226-5000

    76 in this area

    98 Total Sales

    Dolores Lanzalotti
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162750

Cape May County Association of REALTORS®

APN: 02-01134-0000-00019

New Jersey Cape May County Cape May 08204

1221 Idaho Ave, Cape May, NJ

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