NOT LISTED FOR SALE

1401 Whittier Ave Cape May, NJ 08204

Estimated Value: $623,275 - $656,000

3 Beds
1 Bath
936 Sq Ft
$684/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $460,000 $491 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,787/month

14 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Living Room with Fireplace
  • Furnished
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Location, Location, Location! This adorable home is located right in the hot spot of North Cape May! Only 10 homes & 3 cross streets separate you from Beach Dr. then the Bay Access. Just 3 streets over you will find Harpoons On The Bay. Perfectly situated on an 80' x 100' lot on the corner of Whittier & Adriatic Ave. Enjoy creating new memories in this shore home, use it as an investment property for weekly rentals, or have the benefits of year round living in close proximity to the bay. With this property size and location you may also want to conducer expanding this home. The living room offers original hardwood floors, the eat-in kitchen has a laundry/utility closet and a door leading to the rear deck. The hallway from the living room offers 3 bedrooms and a full bath. The HVAC system & roof were both replaced approx. 7 years ago. Don't miss this opportunity to own your shore home! No Showings 8am Wednesday 2/24 to 11am Friday 2/26.

Last Agent to Sell the Property

Kathleen Harron

Re/Max Surfside-Cape May License #0447965 Listed on: 02/17/2021

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,474

Year Built

  • Built in 1958

Lot Details

  • 8,015

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Shingle Siding

Interior Spaces

  • Furnished
  • Drapes & Rods
  • Living Room with Fireplace
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Lot Dimensions are 80x100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,474

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Also Includes: Curtains, Furnished
  • Lvt Date: 02/18/2021
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Fireplace: Living Room
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Eat In Kitchen

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Shingle

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 80x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 7, 2021
Sold by
Burnett John P and Hill Charles F
Bought by
Cherry Leonard and Cherry Faisha
Seller's Agent
Kathleen Harron
Re/Max Surfside-Cape May
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$465,000
Sold Price
$460,000
Premium/Discount to List
-$5,000
-1.08%
Current Estimated Value
$641,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,789
Avg. Annual Appreciation
8.07%
Original Mortgage
$368,000
Outstanding Balance
$334,208
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$305,611

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 8, 2021
Sold by
Nolen Francis V Jr Est
Bought by
Burnett John P and Hill Charles F
Seller's Agent
Kathleen Harron
Re/Max Surfside-Cape May
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$465,000
Sold Price
$460,000
Premium/Discount to List
-$5,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$334,208
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$305,611

Purchase Details

Closed on
Jun 30, 1989
Sold by
Cholaj George and Cholaj Patricia
Bought by
Nolen F Burnett J and Nolen Nolen,F
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
Cherry Leonard $460,000 Misc Company
Burnett John P -- None Available
Nolen F Burnett J $83,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Leonard $368,000
Previous Owner Burnett John P $60,374
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $460,000 -1.1% $491 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $465,000 -- $497 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $3,474 $171,300 $124,000 $47,300
2024 $3,474 $171,300 $124,000 $47,300
2023 $3,424 $171,300 $124,000 $47,300
2022 $3,320 $171,300 $124,000 $47,300
2021 $3,220 $171,300 $124,000 $47,300
2020 $3,169 $171,300 $124,000 $47,300
2019 $3,090 $171,300 $124,000 $47,300
2018 $3,017 $171,300 $124,000 $47,300
2017 $3,020 $171,300 $124,000 $47,300
2016 $2,974 $171,300 $124,000 $47,300
2015 $2,878 $171,300 $124,000 $47,300
2014 $2,784 $171,300 $124,000 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 547352

South Jersey Shore Regional MLS

APN: 05-00592-0000-00003