NOT LISTED FOR SALE

1350D Virginia Ave Cape May, NJ 08204

Estimated Value: $685,000 - $728,000

2 Beds
1 Bath
720 Sq Ft
$975/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $265,000 $368 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,001/month

345 Days on Market

Highlights

  • Island Location
  • Furnished
  • Eat-In Kitchen
  • Ranch Style House
  • Screened Porch
  • Living Room

About This Home

As of November 2016

Affordability at the Shore! Lovely two bedroom, 1 full bath with open living space Village Green courtyard quad. Featuring private off-street parking with a convenient side walkway leading right into the back courtyard. From there you are just a quick and easy short 7 block walk or bike/ride to the sandy & sunny beaches! The quaint and quiet backyard offers a bonus area for family BBQ's and entertaining while the children play worry-free of any street traffic. This charming beach home just began renting last season and easily booked a full summer rental bringing in an upwards of $9000 from just one booking thus saving on weekly cleanings and already have return tenant re-book for this 2016 summer season from mid May through 1st week of September! Owners just put in new gas heat perfect to make this a year-round Cape May get-a-way and are also updating to Central A/C before the warm weather hits. Being sold furnished less personal items which makes this a no fuss turn-key beach home ready for your enjoyment and/or generate rental income. No flood zone and no parking meters are an added bonus! Don't miss your chance to own a piece of Cape May and enjoy all that this town has to offer including shopping, dining, wineries, historical sites, multiple beaches, boardwalks, antiquing, bike riding, bird watching, festivals galore, and more! Easy to show, key in office, call today!! **UPDATE** Owner has completed the installation of Central A/C! **Summer long tenants have just checked in so from May 20th - September 18th we require 24 hour notice for ALL showings and no showings after 5pm please, thank you.**

Last Agent to Sell the Property

Kimberly Gipple

COASTLINE REALTY, LLC Listed on: 11/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1967

Lot Details

  • 3,006

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Screened Porch
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad
  • Driveway

Utilities

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

Additional Features

  • Cleared Lot
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 15 / 1152

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,466

Year Built

Built in 1967

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Island
  • District Township: 02-Cape May City
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Disposal, Stove Natural Gas
  • Interior Amenities: Wall to Wall Carpet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Other Rooms: Living Room, Eat-In-Kitchen, Dining Area, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Brick, Vinyl
  • Outside Features: Screened Porch, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Parking Pad, 1 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 15
  • Lot Size: 47x64
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 2466.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2019
Sold by
Bacani Fred and Bacani Jennifer
Bought by
Rubenstein Gregg and Rubenstein Sarah R
Current Estimated Value
$701,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$193,124
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$508,567

Purchase Details

Listed on
Nov 9, 2015
Closed on
Nov 23, 2016
Sold by
Lanzetta Angela
Bought by
Bacani Fred and Bacani Jennifer
Seller's Agent
Kimberly Gipple
COASTLINE REALTY, LLC
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$198,750
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2013
Sold by
Lanzetta Michael
Bought by
Lanzetta Angela
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rubenstein Gregg $307,400 Shore Title
Bacani Fred $265,000 Attorney
Lanzetta Angela $275,000 Midlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubenstein Gregg $220,000
Previous Owner Bacani Fred $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $265,000 -11.7% $368 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $300,000 -- $417 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $3,014 $285,100 $187,000 $98,100
2024 $3,014 $285,100 $187,000 $98,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 167088

Cape May County Association of REALTORS®

APN: 02-01152-0000-00015

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