NOT LISTED FOR SALE

1312 Vermont Ave Cape May, NJ 08204

Estimated Value: $864,000 - $1,053,000

2 Beds
1 Bath
968 Sq Ft
$996/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $375,000 $387 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $5,438/month

44 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Interior Lot
  • Ranch Style House
  • Wood Flooring
  • Living Room

About This Home

As of October 2016

Move right in and enjoy this 2 bedroom twin with multiple recent updates. Within the past 5 years they have put in new hardwood floors, new corian kitchen counter tops, new stainless Steel GE appliances, new windows, new sun-setter retractable awning and updated the full bathroom and half bathroom. All of the work has been done for you. Cathedral ceilings, attached one car garage, outside shower, rear deck over looking the peaceful back yard and storage shed are some of the other highlights that make this home a must see. Easy to see and ready for your immediate enjoyment. Full list of improvements in associated docs.

Last Agent to Sell the Property

Thomas Shagren

JERSEY CAPE REALTY Listed on: 08/08/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,630

Lot Details

  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 1157

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,630

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 02-Cape May City
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Storage, Tile Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Attic, 1st Floor Master Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Deck, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 4
  • Lot Size: 42x125
  • Total Assessment: 419700
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 3630.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Oct 21, 2016
Sold by
Scala Joseph C and Scala Alice B
Bought by
Glose Robert H and Glose Deanna M
Seller's Agent
Thomas Shagren
JERSEY CAPE REALTY
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$964,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,252
Avg. Annual Appreciation
11.04%
Original Mortgage
$300,000
Outstanding Balance
$240,811
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$723,441

Purchase Details

Closed on
Apr 8, 2006
Sold by
Latvenas Joseph and Latvenas Deborah
Bought by
Scala Joseph C and Scala Alice B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
W Harry Reeves Estate
Bought by
Latvenas Joseph and Latvenas Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Glose Robert H $375,000 None Available
Scala Joseph C $437,500 The Title Company Of Jersey
Latvenas Joseph $385,000 --
Latvenas Joseph $385,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glose Robert H $300,000
Previous Owner Scala Joseph C $437,500
Previous Owner Latvenas Joseph $308,000
Closed Latvenas Joseph $38,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $375,000 -6.0% $387 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $399,000 -- $412 / 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 $4,686 $443,300 $272,800 $170,500
2024 $4,686 $443,300 $272,800 $170,500
2023 $4,761 $443,300 $272,800 $170,500
2022 $4,575 $443,300 $272,800 $170,500
2021 $4,513 $443,300 $272,800 $170,500
2020 $4,071 $419,700 $272,800 $146,900
2019 $4,142 $419,700 $272,800 $146,900
2018 $3,907 $419,700 $272,800 $146,900
2017 $3,710 $419,700 $272,800 $146,900
2016 $3,492 $419,700 $272,800 $146,900
2015 $3,630 $419,700 $272,800 $146,900
2014 $3,630 $419,700 $272,800 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171702

Cape May County Association of REALTORS®

APN: 02-01157-0000-00004