NOT LISTED FOR SALE

1602 Franklin Ave Cape May, NJ 08204

Estimated Value: $919,000 - $975,000

4 Beds
2 Baths
-- Sq Ft
1.38 Acres

Last Sold August 09, 2019

Last sale price $420,000

Est. 124% increase in value since last sale

Current estimated payment $5,612/month

32 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Furnished
  • Property near a bay
  • Corner Lot
  • Screened Porch

About This Home

As of August 2019

No showings until 6/8/19

Last Agent to Sell the Property

Toni Charlesworth

LONG & FOSTER REAL ESTATE, INC nwnj License #1329628 Listed on: 06/03/2019

Last Buyer's Agent

Kimberly Gipple

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,533

Lot Details

  • Lot Dimensions are 60x125
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Screened Porch
  • Wall to Wall Carpet
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 11 / 658

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,533

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Corner, Water View
  • District Township: 05-Lower Township
  • Also Includes: Curtains, Shades, Blinds, Rugs, Furniture
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 1602
  • Lot Size2: 60x125
  • Selling Agent1: 993
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Stove Natural Gas
  • Interior Amenities: Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Screened Porch, Fenced Yard, Sidewalks, Outside Shower

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 11
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 314200

Tax Info

  • Taxes: 5533.06
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2012
Sold by
Ganci Christopher
Bought by
Ganci Joseph and Ganci Susan M
Current Estimated Value
$939,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back
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
Ganci Joseph $175,000 Shore Title Agency Inc
Ganci Joseph -- Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Keith M $390,000
Closed Ganci Joseph $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $420,000 -6.7% --
07/05/2019 07/05/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $450,000 -- --
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 $6,372 $314,200 $188,900 $125,300
2024 $6,372 $314,200 $188,900 $125,300
2023 $6,281 $314,200 $188,900 $125,300
2022 $6,089 $314,200 $188,900 $125,300
2021 $5,813 $314,200 $188,900 $125,300
2020 $5,813 $314,200 $188,900 $125,300
2019 $5,668 $314,200 $188,900 $125,300
2018 $5,533 $314,200 $188,900 $125,300
2017 $5,539 $314,200 $188,900 $125,300
2016 $5,455 $314,200 $188,900 $125,300
2015 $5,279 $314,200 $188,900 $125,300
2014 $5,106 $314,200 $188,900 $125,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 188056

Cape May County Association of REALTORS®

APN: 05-00658-0000-00011