NOT LISTED FOR SALE

123 Emerald Ave Cape May, NJ 08204

Estimated Value: $1,205,000 - $1,417,000

3 Beds
2 Baths
1,152 Sq Ft
$1,160/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $800,000 $694 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,944/month

5 Days on Market

Highlights

  • Island Location
  • Deck
  • Victorian Architecture
  • West Cape May Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of April 2021

A list of the exclusions: Hope chest at the foot of the master bed, and tray Bikes & Power tools Small marble top table next to tub Mermaid weathervane Antique glassware collection Other small décor items Deemed accurate not guaranteed Historic home in historic West Cape may, Square footage has been removed from MLS as there is conflicting information on different sites. Square footage should be determined by the buyer and is not guaranteed.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 03/08/2021

Last Buyer's Agent

Rebecca L Fox

COASTLINE REALTY, LLC License #1642822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,873

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 49 x 146
  • Interior Lot
  • Cleared Lot

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Storage In Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 8 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,873

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Inside Lot, Island
  • District Township: 12-West Cape May
  • Near: close to town
  • Also Includes: Furniture, See Remarks, Window Treatments
  • Estimated Year Built: 1880
  • New Construction: No
  • Second Address Number: 123
  • Lot Size2: 49 x 146
  • Selling Agent1: 4511
  • Selling Agent2: 4754
  • Selling Office1: 20
  • Selling Office2: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1880

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 9
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Florida Room, Storage Attic

Exterior Features

  • Construction: Two Story, Victorian
  • Exterior: Wood
  • Frontage: 49
  • Outside Features: Deck, Porch, Storage Building, Outside Shower

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 8
  • Lot Size: 6001-10000 SqFt
  • Zoning: r

Tax Info

  • Taxes: 4873
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 29, 2021
Sold by
Potkovac Suzette A and Potkovac Matthew
Bought by
Hope Jaime L
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Rebecca L Fox
COASTLINE REALTY, LLC
List Price
$744,000
Sold Price
$800,000
Premium/Discount to List
$56,000
7.53%
Total Days on Market
5
Current Estimated Value
$1,335,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,811
Avg. Annual Appreciation
12.57%
Original Mortgage
$100,000
Outstanding Balance
$88,018
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,247,793
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
Hope Jaime L $800,000 Misc Company
Hope Jaime Lynn $800,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hope Jaime Lynn $100,000
Closed Hope Jaime Lynn $100,000
Open Hope Jaime Lynn $500,000
Closed Hope Jaime Lynn $500,000
Closed Hope Jaime L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $800,000 +7.5% $694 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $744,000 -- $646 / 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 $8,654 $575,400 $278,200 $297,200
2024 $8,654 $575,400 $278,200 $297,200
2023 $8,752 $575,400 $278,200 $297,200
2022 $7,797 $575,400 $278,200 $297,200
2021 $4,728 $369,400 $278,200 $91,200
2020 $4,872 $369,400 $278,200 $91,200
2019 $4,524 $360,800 $278,200 $82,600
2018 $4,564 $360,800 $278,200 $82,600
2017 $4,409 $360,800 $278,200 $82,600
2016 $4,409 $360,800 $278,200 $82,600
2015 $4,146 $360,800 $278,200 $82,600
2014 $4,146 $360,800 $278,200 $82,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210821

Cape May County Association of REALTORS®

APN: 12-00007-0000-00008