NOT LISTED FOR SALE

1341B Virginia Ave Cape May, NJ 08204

Estimated Value: $679,000 - $816,280

2 Beds
2 Baths
750 Sq Ft
$973/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $415,000 $553 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,210/month

35 Days on Market

Highlights

  • Island Location
  • Sun or Florida Room
  • Interior Lot
  • Main Floor Primary Bedroom
  • Porch
  • Patio

About This Home

As of December 2020

This home is located at 1341B Virginia Ave, Cape May, NJ 08204 since 28 August 2020 and is currently estimated at $729,570, approximately $972 per square foot. This property was built in 1972. 1341B Virginia 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

Andrea Moffatt

Tim Kerr Sotheby's International Realty Listed on: 08/28/2020

Last Buyer's Agent

Thomas Shagren

JERSEY CAPE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,979

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 47x61
  • Interior Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Tile Flooring
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad

Outdoor Features

  • Patio
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 41 / 1153

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,979

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: QUAD Unit
  • Location: Inside Lot, Island
  • District Township: 02-Cape May City
  • Also Includes: Curtains, Blinds, Partial Furniture
  • Estimated Year Built: 1972
  • New Construction: No
  • Second Address Number: 1341 B
  • Lot Size2: 47x61
  • Selling Agent1: 1499
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Florida Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: See Remarks
  • Exterior: Brick, Vinyl
  • Outside Features: Patio, Porch, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Parking Pad, 1 Car

Utilities

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

Lot Info

  • Lot Number: 41
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 2978.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2020
Sold by
Filannino Nicholas and Filannino Ingrid
Bought by
Mormando Elio A and Lacerra Joyce R
Current Estimated Value
$729,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
Pitt Charles E and Pitt Charlene M
Bought by
Filannino Nicholas and Filannino Ingrid

Purchase Details

Closed on
Mar 20, 2007
Sold by
Pollock Charlene M and Pitt Charles E
Bought by
Pitt Charles E and Pitt Charlene

Purchase Details

Closed on
Oct 13, 2004
Sold by
Pollock Charlene M
Bought by
Pollock Charlene M and Pitt Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,950
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 8, 2002
Sold by
Kruse Robert John
Bought by
Pollock Charlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.61%

Purchase Details

Closed on
May 14, 1998
Sold by
Macelrevey Daniel H
Bought by
Kruse Robert John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
7.08%
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
Mormando Elio A $415,000 Conwell Bruce Black
Filannino Nicholas $325,000 The Title Company Of Jersey
Pitt Charles E -- None Available
Pollock Charlene M -- --
Pollock Charlene M $180,000 --
Kruse Robert John $81,125 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mormando Elio A $311,250
Previous Owner Pollock Charlene M $154,950
Previous Owner Pollock Charlene M $141,000
Previous Owner Kruse Robert John $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $415,000 +1.2% $553 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $410,000 -- $547 / 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 $3,190 $301,800 $187,000 $114,800
2024 $3,190 $301,800 $187,000 $114,800
2023 $3,241 $301,800 $187,000 $114,800
2022 $3,115 $301,800 $187,000 $114,800
2021 $2,927 $301,800 $187,000 $114,800
2020 $2,927 $301,800 $187,000 $114,800
2019 $2,979 $301,800 $187,000 $114,800
2018 $2,810 $301,800 $187,000 $114,800
2017 $2,668 $301,800 $187,000 $114,800
2016 $2,511 $301,800 $187,000 $114,800
2015 $2,611 $301,800 $187,000 $114,800
2014 $2,611 $301,800 $187,000 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203180

Cape May County Association of REALTORS®

APN: 02-01153-0000-00041