NOT LISTED FOR SALE

123 Emerald Ave Cape May, NJ 08204

Estimated Value: $1,256,000 - $1,558,000

3 Beds
2 Baths
1,152 Sq Ft
$1,212/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2021

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

Est. 75% increase in value since last sale

Current estimated payment $8,076 / mo

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

1.13 Acres

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
  • Lot Size2: 49 x 146
  • Selling Agent2: 4754
  • 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 Lynn
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%
Current Estimated Value
$1,396,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,768
Avg. Annual Appreciation
11.79%
Original Mortgage
$100,000
Outstanding Balance
$86,697
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,310,071

Purchase Details

Closed on
May 10, 2019
Sold by
Rowley John M
Bought by
Potkovac Suzette A and Potkovac Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hope Jaime Lynn $800,000 Shore Title
Hope Jaime Lynn $800,000 Shore Title
Potkovac Suzette A $525,000 Title Company Of Jersey
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
Previous Owner Potkovac Suzette A $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

  • Carol Menz

    Seller's Agent in 2021

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    87 in this area

    244 Total Sales

    Carol Menz
    Section Image
  • Rebecca L Fox

    Buyer's Agent in 2021

    Rebecca L Fox

    COASTLINE REALTY, LLC

    (609) 513-4086

    8 in this area

    21 Total Sales

    Rebecca L Fox
    Section Image

  • S

    Buyer Co-Listing Agent in 2021

    Sarah Smith

    COASTLINE REALTY, LLC

    (609) 554-0936

    4 in this area

    7 Total Sales

    Sarah Smith
    Section Image
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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

New Jersey Cape May County Cape May 08204

123 Emerald Ave, Cape May, NJ

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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