NOT LISTED FOR SALE

21 Patterson Ave Cape May, NJ 08204

Estimated Value: $1,938,000 - $2,195,870

4 Beds
3 Baths
1,848 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $1,600,000 $866 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $11,888/month

145 Days on Market

Highlights

  • Property is near a beach
  • Island Location
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of November 2021

The current structure has been identified by the HPC as a non contributing building- thus the future property development is not encumbered . New exterior photos soon. The fireplace has not been used by these owners and is being offered in its current condition. The home could rent for $5500 to $6000 a week in season. See attache insurance quote from Anchor Insurance for $2046.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 06/12/2021

Co-Listed By

Ami Menz

COASTLINE REALTY, LLC License #0447526

Last Buyer's Agent

Barbara Mehl

LONG & FOSTER REAL ESTATE, INC sh License #0895759

LONG & FOSTER REAL ESTATE, INC sh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,137

Year Built

  • Built in 1965

Lot Details

  • Building is beachfront but unit may not have water views
  • Cleared Lot
  • Property is zoned R-2

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Living Room
  • Den
  • Sun or Florida Room
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Patio
  • Porch

Location

  • Island Location

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 30 / 1019

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,137

Year Built

Built in 1965

Lot Details

1.38 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Cleared Lot, Island
  • District Township: 02-Cape May City
  • Near: Beach Block
  • Also Includes: Window Treatments
  • Estimated Year Built: 1965
  • Beach Proximity: 1 Block
  • New Construction: No
  • Listing Office2: 20
  • Lot Size2: 60 x 230ir
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Security System, Skylight, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Crawl Space, Outside Entrance, Slab
  • Estimated Living Sq Ft: 1848
  • Other Rooms: Living Room, Den/TV Room, Eat-In-Kitchen, Florida Room, Storage Attic, 1st Floor Primary Bedroom, In-Law Quarters, Laundry Closet

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: light gray
  • Outside Features: Patio, Porch, Sidewalks, Outside Shower

Garage/Parking

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

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Baseboard, Radiant, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 30
  • Lot Size: 10000-20000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 8136.83
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Nov 30, 2021
Sold by
Carop Llc
Bought by
Amy L Walker Ret
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Barbara Mehl
LONG & FOSTER REAL ESTATE, INC sh
List Price
$1,699,000
Sold Price
$1,600,000
Premium/Discount to List
-$99,000
-5.83%
Current Estimated Value
$2,108,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,968
Avg. Annual Appreciation
6.60%
Original Mortgage
$800,000
Outstanding Balance
$735,593
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,373,375

Purchase Details

Listed on
Nov 10, 2018
Closed on
Apr 15, 2019
Sold by
Stack Catharine B
Bought by
Carop Llc
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$987,000
Sold Price
$920,000
Premium/Discount to List
-$67,000
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.42%

Purchase Details

Closed on
Oct 13, 2015
Sold by
Estate Of Jessie A Weeks
Bought by
Stack Catharine B

Purchase Details

Closed on
Jan 5, 1998
Sold by
Simms Thomas A
Bought by
Weeks Jessie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.02%

Purchase Details

Closed on
Dec 6, 1994
Sold by
Stuurop Donna C
Bought by
Simms Thoams A and Simms Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.81%

Purchase Details

Closed on
Jan 30, 1989
Sold by
Stuurop Dirk
Bought by
Stuurop Donna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Amy L Walker Ret $1,600,000 None Available
Carop Llc $920,000 Title Company Of Jersey
Stack Catharine B -- None Available
Weeks Jessie A $355,000 --
Simms Thoams A $242,500 --
Stuurop Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amy L Walker Ret $800,000
Previous Owner Weeks Jessie A $125,000
Previous Owner Simms Thoams A $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $1,600,000 -5.8% $866 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $1,699,000 +84.7% $919 / Sq Ft
04/15/2019 04/15/19 Sold $920,000 -6.8% $498 / Sq Ft View Prior Sale
12/06/2018 12/06/18 Pending -- -- --
11/10/2018 11/10/18 For Sale $987,000 -- $534 / 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 $9,544 $902,900 $678,600 $224,300
2024 $9,544 $902,900 $678,600 $224,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 212133

Cape May County Association of REALTORS®

APN: 02-01019-0000-00030

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