NOT LISTED FOR SALE

1307 Maryland Ave Cape May, NJ 08204

Estimated Value: $2,238,237 - $2,717,000

4 Beds
3 Baths
1,722 Sq Ft
$1,429/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $1,215,000 $706 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $14,655/month

251 Days on Market

Highlights

  • Barn or Stable
  • Wood Flooring
  • Sun or Florida Room
  • The property is located in a historic district
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of August 2018

Don't cheat yourself, Treat yourself! Exceptional opportunity that will cater to a wide range of buyers. Could be a perfect year round home, second home, investment property, or a retirement home. With finishes sure to satisfy the most discriminating buyers tastes.

Last Agent to Sell the Property

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 11/15/2017

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

Richard Parker

deSatnick Real Estate LLC - Lower Township License #0451579

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,887

Lot Details

  • Lot Dimensions are 60 x 125
  • Interior Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Storage In Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage

Location

  • The property is located in a historic district
  • Island Location

Horse Facilities and Amenities

  • Barn or Stable

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 42 & 43 / 1149

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,887

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, See Remarks, Historical District
  • District Township: 02-Cape May City
  • Also Includes: Partial Furniture, Window Treatments
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 1307
  • Lot Size2: 60 X 125
  • Selling Agent1: 1629
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Fireplace- Wood, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 13
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Dining Area, Laundry/Utility Room, Florida Room, Great Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Three Story, See Remarks
  • Exterior: Other
  • Frontage: 60
  • Outside Features: Enclosed/Covered Patio, Porch, Screened Porch, Storage Building, Cable TV, Sidewalks, Barn/Stables/Kennels, Outside Shower, See Remarks

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, See Remarks

Utilities

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

Lot Info

  • Lot Number: 42 & 43
  • Lot Size: 6001-10000 SqFt
  • Zoning: Residentia

Tax Info

  • Taxes: 6887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Aug 27, 2018
Sold by
Cape Home Investment Llc
Bought by
Alessi John V and Alessi Anette R
Seller's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Richard Parker
deSatnick Real Estate LLC - Lower Township
List Price
$895,000
Sold Price
$1,215,000
Premium/Discount to List
$320,000
35.75%
Current Estimated Value
$2,494,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,279,469
Avg. Annual Appreciation
9.92%

Purchase Details

Listed on
Oct 14, 2017
Closed on
Nov 15, 2017
Sold by
Faralli Pamela and The Estate Of Stephen J Farall
Bought by
Cape Home Investments Llc
Seller's Agent
Justin Aftanis
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.32%

Purchase Details

Listed on
Oct 14, 2017
Closed on
Oct 6, 2017
Sold by
The Arthur Jackson Company
Bought by
Faralli Pamela
Seller's Agent
Justin Aftanis
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Purchase Details

Closed on
Oct 1, 2002
Sold by
Saums Robert C
Bought by
The Arthur Jackson Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,000
Interest Rate
6.18%

Purchase Details

Closed on
Nov 23, 1993
Sold by
Clark Carol L
Bought by
Saums Robert C and Saums Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.23%

Purchase Details

Closed on
Sep 7, 1988
Sold by
Clarkest Of J Et Al
Bought by
Clark Carol
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
Alessi John V $1,215,000 --
Cape Home Investments Llc $740,000 Shore Title Agency Inc
Faralli Pamela $900,000 Genesis Abstract Llc
The Arthur Jackson Co $535,000 --
Saums Robert C $200,000 --
Clark Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Arthur Jackson Co $431,000
Previous Owner Saums Robert C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $1,215,000 +64.2% $706 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
11/15/2017 11/15/17 Sold $740,000 -17.3% $430 / Sq Ft
11/15/2017 11/15/17 For Sale $895,000 +19.3% $520 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
10/14/2017 10/14/17 For Sale $750,000 -- $436 / 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 $12,759 $1,207,100 $580,000 $627,100
2024 $12,759 $1,207,100 $580,000 $627,100
2023 $12,964 $1,207,100 $580,000 $627,100
2022 $12,457 $1,207,100 $580,000 $627,100
2021 $12,288 $1,207,100 $580,000 $627,100
2020 $11,709 $1,207,100 $580,000 $627,100
2019 $11,914 $1,207,100 $580,000 $627,100
2018 $7,253 $779,100 $580,000 $199,100
2017 $6,887 $779,100 $580,000 $199,100
2016 $6,482 $779,100 $580,000 $199,100
2015 $6,739 $779,100 $580,000 $199,100
2014 $6,739 $779,100 $580,000 $199,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James McBride

    Coldwell Banker Sol Needles Real Estate

    (609) 408-3076

    33 in this area

    42 Total Sales

    Section Image
  • Richard Parker

    Buyer's Agent in 2018

    Richard Parker

    deSatnick Real Estate LLC - Lower Township

    (609) 602-8234

    3 in this area

    33 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Justin Aftanis

    HOMESTEAD REAL ESTATE CO. INC.

    (609) 425-3727

    18 in this area

    26 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 179228

Cape May County Association of REALTORS®

APN: 02-01149-0000-00042

New Jersey Cape May County Cape May 08204

1307 Maryland Ave, Cape May, NJ

This home is located at 1307 Maryland Ave, Cape May, NJ 08204 since 15 November 2017 and is currently estimated at $2,460,059, approximately $1,428 per square foot. 1307 Maryland 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.

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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