NOT LISTED FOR SALE

123 Fourth Ave Cape May, NJ 08204

Estimated Value: $780,736 - $973,000

2 Beds
1 Bath
768 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $500,000 $651 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,436/month

9 Days on Market

Highlights

  • Island Location
  • Ranch Style House
  • Porch
  • West Cape May Elementary School Rated A
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of May 2020

Agents: Appointments may be scheduled by using the ShowingTime Icon in MLS, ShowingTime App or online.

Last Agent to Sell the Property

Christine Lynn

RE/MAX SURFSIDE Listed on: 04/10/2020

RE/MAX SURFSIDE

Co-Listed By

Brian Groetsch

RE/MAX SURFSIDE

Last Buyer's Agent

Toni Charlesworth

LONG & FOSTER REAL ESTATE, INC nwnj License #1329628

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,653

Year Built

  • Built in 1940

Lot Details

  • Fenced Yard
  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1.01 / 37

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,653

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 12-West Cape May
  • Estimated Year Built: 1940
  • New Construction: No
  • Second Address Number: 123
  • Listing Office2: 858
  • Lot Size2: 5000
  • Price per Sq Ft: 651.04
  • Selling Agent1: 4065
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Included: Range, Refrigerator, Dishwasher
  • Interior Amenities: Wall to Wall Carpet, Tile Flooring, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 768
  • Other Rooms: Living Room, Eat-In-Kitchen, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • House Color: Yellow
  • Outside Features: Patio, Porch, Fenced Yard, Storage Building, Sidewalks, Outside Shower

Utilities

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

Lot Info

  • Lot Number: 1.01
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 291300

Tax Info

  • Taxes: 3652.9
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 21, 2020
Sold by
Hanssens Amy L
Bought by
Stein Joel M and Sood Erica D
Seller's Agent
Christine Lynn
RE/MAX SURFSIDE
Buyer's Agent
Toni Charlesworth
LONG & FOSTER REAL ESTATE, INC nwnj
List Price
$509,000
Sold Price
$500,000
Premium/Discount to List
-$9,000
-1.77%
Current Estimated Value
$914,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,414
Avg. Annual Appreciation
11.42%
Original Mortgage
$400,000
Outstanding Balance
$358,460
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,992

Purchase Details

Closed on
Sep 30, 2009
Sold by
Estate Of Ruth Hemingway and Hemingway Albert T
Bought by
Hanssens Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,200
Interest Rate
5.14%
Mortgage Type
New Conventional
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
Stein Joel M $500,000 Misc Company
Hanssens Amy L $275,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Joel M $400,000
Previous Owner Hanssens Amy L $190,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $500,000 -1.8% $651 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $509,000 -- $663 / 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 $4,635 $308,200 $250,400 $57,800
2024 $4,635 $308,200 $250,400 $57,800
2023 $4,688 $308,200 $250,400 $57,800
2022 $4,176 $308,200 $250,400 $57,800
2021 $3,945 $308,200 $250,400 $57,800
2020 $3,842 $291,300 $250,400 $40,900
2019 $3,653 $291,300 $250,400 $40,900
2018 $3,685 $291,300 $250,400 $40,900
2017 $3,560 $291,300 $250,400 $40,900
2016 $3,560 $291,300 $250,400 $40,900
2015 $3,347 $291,300 $250,400 $40,900
2014 $3,347 $291,300 $250,400 $40,900
Source: Public Records

Agents Affiliated with this Home

  • Christine Lynn

    Seller's Agent in 2020

    Christine Lynn

    RE/MAX SURFSIDE

    (609) 780-7344

    28 in this area

    115 Total Sales

    Section Image
  • Brian Groetsch

    Seller Co-Listing Agent in 2020

    Brian Groetsch

    RE/MAX SURFSIDE

    (609) 972-6339

    37 in this area

    125 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Toni Charlesworth

    LONG & FOSTER REAL ESTATE, INC nwnj

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201308

Cape May County Association of REALTORS®

APN: 12 00037-0000-00001- 01

New Jersey Cape May County Cape May 08204

123 Fourth Ave, Cape May, NJ

This home is located at 123 Fourth Ave, Cape May, NJ 08204 since 10 April 2020 and is currently estimated at $901,184, approximately $1,173 per square foot. This property was built in 1940. 123 Fourth Ave is a home located in Cape May County with nearby schools including West Cape May 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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