NOT LISTED FOR SALE

1303 Idaho Ave Cape May, NJ 08204

Estimated Value: $3,192,000 - $4,179,000

4 Beds
4 Baths
3,000 Sq Ft
$1,161/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $1,875,000 $625 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $19,775/month

18 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Screened Porch
  • Deck
  • Furnished
  • Fenced Yard

About This Home

As of August 2020

This home is located at 1303 Idaho Ave, Cape May, NJ 08204 since 01 June 2020 and is currently estimated at $3,482,999, approximately $1,160 per square foot. This property was built in 2016. 1303 Idaho 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

Kim Russell

CAPE RESORTS REALTY Listed on: 06/01/2020

Last Buyer's Agent

Brian Groetsch

RE/MAX SURFSIDE

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,663

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 90x125
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R2

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Furnished
  • Skylights
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Accessible Home Design

  • Handicap Accessible

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 24 / 1150

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,663

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Shades, Blinds, Furniture, Window Treatments
  • Estimated Year Built: 2016
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 1303
  • Lot Size2: 90x125
  • Price per Sq Ft: 625
  • Selling Agent1: 1540
  • Selling Office1: 858
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Handicap Features, Wood Flooring, Security System, Skylight, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3000

Exterior Features

  • Exterior: Vinyl
  • Frontage: 90
  • Outside Features: Patio, Deck, Screened Porch, Grill, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Attached, Auto Door Opener, Gravel Driveway

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 24
  • Lot Size: 10000-20000 SqFt
  • Zoning: R2

Tax Info

  • Taxes: 14663

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Satrazemis Asterios and Satrazemis Tara Mckenna
Bought by
Hoffer Susan E
Current Estimated Value
$3,482,999

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 13, 2020
Sold by
Wisniewski Dan
Bought by
Satrazemis Asterio and Mckenna-Satrazemis Tara
Seller's Agent
Kim Russell
CAPE RESORTS REALTY
Buyer's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$1,995,000
Sold Price
$1,875,000
Premium/Discount to List
-$120,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$1,125,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2015
Sold by
Wright Charles A
Bought by
Russell Robert P and Russell Kim S
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
Hoffer Susan E $3,350,000 None Listed On Document
Satrazemis Asterio $1,875,000 Misc Company
Russell Robert P $600,000 Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Satrazemis Asterio $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2020 08/17/20 Sold $1,875,000 -6.0% $625 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $1,995,000 +33.4% $665 / Sq Ft
07/25/2016 07/25/16 Sold $1,495,000 0.0% $498 / Sq Ft View Prior Sale
06/25/2016 06/25/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $1,495,000 -- $498 / 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 $15,703 $1,485,600 $479,000 $1,006,600
2024 $15,703 $1,485,600 $479,000 $1,006,600
2023 $15,955 $1,485,600 $479,000 $1,006,600
2022 $15,331 $1,485,600 $479,000 $1,006,600
2021 $15,123 $1,485,600 $479,000 $1,006,600
2020 $14,410 $1,485,600 $479,000 $1,006,600
2019 $14,663 $1,485,600 $479,000 $1,006,600
2018 $13,831 $1,485,600 $479,000 $1,006,600
2017 $13,051 $1,476,400 $479,000 $997,400
2016 $5,014 $602,700 $479,000 $123,700
2015 $5,213 $602,700 $479,000 $123,700
2014 $5,213 $602,700 $479,000 $123,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201814

Cape May County Association of REALTORS®

APN: 02-01150-0000-00024