NOT LISTED FOR SALE

1251 Virginia Ave Cape May, NJ 08204

Estimated Value: $853,000 - $936,000

2 Beds
2 Baths
972 Sq Ft
$931/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $626,000 $644 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,152/month

4 Days on Market

Highlights

  • Island Location
  • Ranch Style House
  • 1.5 Car Detached Garage
  • Deck
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of July 2021

This home is located at 1251 Virginia Ave, Cape May, NJ 08204 since 20 May 2021 and is currently estimated at $904,866, approximately $930 per square foot. This property was built in 1975. 1251 Virginia 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

Brian Groetsch

RE/MAX SURFSIDE Listed on: 05/20/2021

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Last Buyer's Agent

Brian Groetsch

RE/MAX SURFSIDE Listed on: 05/20/2021

RE/MAX SURFSIDE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,646

Year Built

  • Built in 1975

Lot Details

  • 0.92

Home Design

  • Ranch Style House
  • Twin Home
  • Brick Exterior Construction
  • Asbestos Siding

Interior Spaces

  • 972 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1.5 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch

Utilities

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

Additional Features

  • Lot Dimensions are 40 x 125
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 18 / 1137

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,646

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Twin
  • Location: Inside Lot, Island
  • District Township: 02-Cape May City
  • Also Includes: Blinds, Window Treatments
  • Estimated Year Built: 1975
  • New Construction: No
  • OFFICELIST_ADDRESS2: Village Green
  • Second Address Number: 1251
  • Listing Office2: 858
  • Lot Size2: 40 x 125
  • Price per Sq Ft: 644.03
  • Selling Agent1: 1540
  • Selling Agent2: 1126
  • Selling Office1: 858
  • Selling Office2: 858
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1975

Interior Features

  • Appliances Included: Refrigerator, Stove Electric
  • Interior Amenities: Wood Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 972
  • Other Rooms: Living Room, Eat-In-Kitchen, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos, Brick
  • Frontage: 40
  • House Color: White/Brick
  • Outside Features: Deck, Enclosed/Covered Patio, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 18
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-4

Tax Info

  • Taxes: 3646.23
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 19, 2021
Sold by
Seaman Michael and Quinlan-Seaman Heather
Bought by
1251 Virginia Llc
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$550,000
Sold Price
$626,000
Premium/Discount to List
$76,000
13.82%
Current Estimated Value
$904,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,866
Avg. Annual Appreciation
9.24%
Original Mortgage
$420,000
Interest Rate
2.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 30, 2012
Sold by
Megaw John A and Megaw Eileen
Bought by
Seaman Michael and Seaman Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2007
Sold by
Megaw Eileen
Bought by
Megaw John A and Megaw Eileen

Purchase Details

Closed on
Sep 14, 1992
Sold by
Casey Terry and Casey Ida R
Bought by
Casey Terrance G and Casey Eileen M
Source: Public Records

Range of Values:

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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
1251 Virginia Llc $626,000 Misc Company
1251 Virginia Llc $626,000 Shore Title
Seaman Michael $377,500 First American Title Ins Co
Megaw John A -- None Available
Casey Terrance G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1251 Virginia Llc $445,000
Closed 1251 Virginia Llc $420,000
Previous Owner Seaman Michael $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $626,000 +13.8% $644 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $550,000 -- $566 / 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 $3,973 $375,900 $271,000 $104,900
2024 $3,973 $375,900 $271,000 $104,900
2023 $4,037 $375,900 $271,000 $104,900
2022 $3,879 $375,900 $271,000 $104,900
2021 $3,827 $375,900 $271,000 $104,900
2020 $3,646 $375,900 $271,000 $104,900
2019 $3,710 $375,900 $271,000 $104,900
2018 $3,500 $375,900 $271,000 $104,900
2017 $3,323 $375,900 $271,000 $104,900
2016 $3,127 $375,900 $271,000 $104,900
2015 $3,252 $375,900 $271,000 $104,900
2014 $3,252 $375,900 $271,000 $104,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211844

Cape May County Association of REALTORS®

APN: 02-01137-0000-00018