NOT LISTED FOR SALE

1340B Pennsylvania Ave Cape May, NJ 08204

Estimated Value: $632,791 - $705,000

2 Beds
1 Bath
750 Sq Ft
$897/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $318,000 $424 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,915/month

53 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Walk-In Closet
  • Ranch Style House
  • Interior Lot
  • Living Room

About This Home

As of January 2016

If you are in the market for a vacation or year round home in Cape May this property is it. Current owners have updated the entire property. New roof and gutter guards in 2013. New kitchen, with granite countertops, tumbled marble backsplash, under counter lighting, all new appliances. New bathroom in 2010. New laminate pergo flooring and interior doors. New water heater and HVAC system. Stacked washer and dryer, outside enclosed shower and storage shed. Added this summer a retractable awning for those hot, lazy, hazy days of summer to enjoy the large deck. The custom dining room light will not convey with the sale of the property. A new high quality fixture will be installed. Don't miss out on this little gem. You won't be sorry.

Last Agent to Sell the Property

Mary Moore

COASTLINE REALTY, LLC Listed on: 11/07/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 1973

Lot Details

  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Window Treatments
  • Living Room
  • Storage
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 1154

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,501

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 02-Cape May City
  • Also Includes: Window Treatments
  • Estimated Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Electric
  • Interior Amenities: Storage, Walk in Closet, Laminate Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Crawl Space
  • Other Rooms: Living Room, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

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

Garage/Parking

  • Parking Garage: Parking Pad, 1 Car

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 7
  • Lot Size: 47 x 61
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: 2501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2020
Sold by
Grassi Joshua and Grassi Shannon
Bought by
Mccarthy John F and Mccarthy Donna M
Current Estimated Value
$672,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$287,737
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$385,211

Purchase Details

Listed on
Nov 7, 2015
Closed on
Jan 29, 2016
Sold by
Caprio Joseph and Caprio Marie
Bought by
Grassi Joshua A and Grassi Shannon L
Seller's Agent
Mary Moore
COASTLINE REALTY, LLC
List Price
$336,000
Sold Price
$318,000
Premium/Discount to List
-$18,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Posen Richard J
Bought by
Caprio Joseph and Caprio Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,280
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1992
Sold by
Datola Mary and Posen Et Al Exec
Bought by
Posen Anne M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mccarthy John F $405,000 Misc Company
Grassi Joshua A $318,000 None Available
Caprio Joseph $310,000 The Title Company Of Jersey
Posen Anne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy John F $324,000
Previous Owner Caprio Joseph $120,280
Previous Owner Posen Richard J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $318,000 -5.4% $424 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
11/07/2015 11/07/15 For Sale $336,000 -- $448 / 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 $3,057 $289,200 $187,000 $102,200
2024 $3,057 $289,200 $187,000 $102,200
2023 $3,106 $289,200 $187,000 $102,200
2022 $2,985 $289,200 $187,000 $102,200
2021 $2,944 $289,200 $187,000 $102,200
2020 $2,805 $289,200 $187,000 $102,200
2019 $2,854 $289,200 $187,000 $102,200
2018 $2,692 $289,200 $187,000 $102,200
2017 $2,557 $289,200 $187,000 $102,200
2016 $2,406 $289,200 $187,000 $102,200
2015 $2,502 $289,200 $187,000 $102,200
2014 $2,502 $289,200 $187,000 $102,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mary Moore

    COASTLINE REALTY, LLC

    (609) 425-6074

    6 in this area

    11 Total Sales

    Mary Moore
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 167069

Cape May County Association of REALTORS®

APN: 02-01154-0000-00007

New Jersey Cape May County Cape May 08204

1340B Pennsylvania Ave, Cape May, NJ

This home is located at 1340B Pennsylvania Ave, Cape May, NJ 08204 since 07 November 2015 and is currently estimated at $672,948, approximately $897 per square foot. This property was built in 1973. 1340B Pennsylvania 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.

Nearby Homes