NOT LISTED FOR SALE

1308 Texas Ave Cape May, NJ 08204

Estimated Value: $1,809,000 - $2,538,000

5 Beds
4 Baths
-- Sq Ft
1.04 Acres

Last Sold May 29, 2020

Last sale price $970,000

Est. 117% increase in value since last sale

Current estimated payment $11,847/month

462 Days on Market

Highlights

  • Water Views
  • Deck
  • Walk-In Closet
  • New Construction
  • Enclosed Patio or Porch
  • 4-minute walk to Harborview Park

About This Home

As of May 2020

Spec sheet included in associated docs. Interior stairs have been installed. Access through garage.

Last Agent to Sell the Property

Stacy Hutchinson

deSatnick Real Estate LLC - Cape May Listed on: 11/20/2018

Last Buyer's Agent

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,999

Lot Details

  • Lot Dimensions are 45 x 181
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Water Views
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

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

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 1159 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Water View
  • District Township: 02-Cape May City
  • Near: Cape May Marina District
  • New Construction: Yes
  • Lot Size2: 45 x 181
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Fireplace- Gas, Smoke/Fire Alarm, Walk in Closet
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 14
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • Outside Features: Deck, Enclosed/Covered Patio, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: 1 Car

Utilities

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

Lot Info

  • Lot Number: 1159
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
May 28, 2020
Sold by
Pond Creek Llc
Bought by
Berarducci Franco
Seller's Agent
Stacy Hutchinson
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$979,000
Sold Price
$970,000
Premium/Discount to List
-$9,000
-0.92%
Current Estimated Value
$2,103,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,133,982
Avg. Annual Appreciation
15.39%
Original Mortgage
$510,000
Outstanding Balance
$452,919
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,651,063

Purchase Details

Closed on
Sep 26, 2018
Sold by
Alleva Drew A and Bureski Jon D
Bought by
Pond Creek Llc

Purchase Details

Closed on
Oct 11, 2004
Sold by
Corney Robert B and Corney Ginette L
Bought by
Alleva Drew A and Bureski Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
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
Berarducci Franco $970,000 Misc Company
Pond Creek Llc $300,000 --
Alleva Drew A $550,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berarducci Franco $510,000
Previous Owner Alleva Drew A $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $970,000 -0.9% --
11/20/2018 11/20/18 For Sale $979,000 -- --
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 $10,014 $947,400 $356,800 $590,600
2024 $10,014 $947,400 $356,800 $590,600
2023 $10,175 $947,400 $356,800 $590,600
2022 $9,777 $947,400 $356,800 $590,600
2021 $9,645 $947,400 $356,800 $590,600
2020 $3,461 $356,800 $356,800 $0
2019 $3,522 $356,800 $356,800 $0
2018 $3,322 $356,800 $356,800 $0
2017 $3,154 $356,800 $356,800 $0
2016 $2,969 $356,800 $356,800 $0
2015 $3,086 $356,800 $356,800 $0
2014 $3,583 $414,200 $356,800 $57,400
Source: Public Records

Agents Affiliated with this Home

  • Stacy Hutchinson

    Seller's Agent in 2020

    Stacy Hutchinson

    deSatnick Real Estate LLC - Cape May

    (609) 884-1300

    24 in this area

    57 Total Sales

    Stacy Hutchinson
    Section Image
  • Ryan Griffin

    Buyer's Agent in 2020

    Ryan Griffin

    deSatnick Real Estate LLC - Cape May

    (609) 602-5578

    49 in this area

    117 Total Sales

    Ryan Griffin
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185055

Cape May County Association of REALTORS®

APN: 02-01159-0000-00006-02

New Jersey Cape May County Cape May 08204

1308 Texas Ave, Cape May, NJ

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