NOT LISTED FOR SALE

22 Ocean St Cape May, NJ 08204

Estimated Value: $1,541,000 - $3,230,000

9 Beds
8 Baths
3,565 Sq Ft
$669/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $1,280,000 $359 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $13,710/month

428 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Wood Flooring
  • The property is located in a historic district
  • Building is beachfront but unit may not have water views
  • 5-minute walk to Cape May Rotary Park

About This Home

As of July 2020

For virtual tour, click on "virtual tour", then on Leith Hall on the map, then on "see inside"

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 03/27/2019

Co-Listed By

Elan Zingman-Leith

COASTLINE REALTY, LLC

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC Listed on: 03/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,617

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 40' x 137'
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Property is zoned res.

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 3,565 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Wood Flooring
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Assigned Parking

Outdoor Features

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

Location

  • The property is located in a historic district
  • Island Location

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 1047

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,617

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Island, Water View, Historical District
  • District Township: 02-Cape May City
  • Near: ocean
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, See Remarks, Window Treatments
  • Estimated Year Built: 1885
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 22
  • Listing Office2: 20
  • Lot Size2: 40' x 137'
  • Price per Sq Ft: 359.05
  • Selling Agent1: 476
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1885

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Whirlpool
  • Total Bathrooms: 8.1
  • Full Bathrooms: 8
  • Bedrooms: 9
  • Total Rooms: 17
  • Basement: Partial, Inside Entrance, Plumbing, Masonry Floors/Wall
  • Estimated Living Sq Ft: 3565
  • Other Rooms: Living Room, Kitchen, Pantry, Laundry/Utility Room, Library/Study, Laundry Closet

Exterior Features

  • Construction: Victorian, Three Story
  • Exterior: Wood
  • Frontage: 40
  • House Color: ocher, olive, terra cotta
  • Outside Features: Porch, Fenced Yard, Storage Building, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Assigned Parking, See Remarks, Gravel Driveway

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Gas Natural, Radiator
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 4
  • Lot Size: 1 to 6000 SqFt
  • Zoning: res.

Tax Info

  • Taxes: 11617.02
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jul 17, 2020
Sold by
Leith Hall Llc
Bought by
Demuttis Emmanuel and Demuttis Kathleen O
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$1,436,000
Sold Price
$1,280,000
Premium/Discount to List
-$156,000
-10.86%
Current Estimated Value
$2,385,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,584
Avg. Annual Appreciation
12.54%
Original Mortgage
$510,400
Outstanding Balance
$452,589
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,932,995

Purchase Details

Closed on
Dec 23, 2003
Sold by
Zingman Leith Elan I and Zingman Leith Susan E
Bought by
Leith Hall Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 1989
Sold by
Beitel Herbert and Beitel Connolly,John
Bought by
Zingman-Leith Elan and Zingman-Leith Susan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Demuttis Emmanuel $1,280,000 None Available
Leith Hall Llc -- --
Zingman-Leith Elan $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demuttis Emmanuel $510,400
Previous Owner Leith Hall Llc $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $1,280,000 -10.9% $359 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
03/27/2019 03/27/19 For Sale $1,436,000 -- $403 / 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 $13,189 $1,247,800 $741,500 $506,300
2024 $13,189 $1,247,800 $741,500 $506,300
2023 $13,401 $1,247,800 $741,500 $506,300
2022 $12,877 $1,247,800 $741,500 $506,300
2021 $12,703 $1,247,800 $741,500 $506,300
2020 $12,104 $1,247,800 $741,500 $506,300
2019 $12,316 $1,247,800 $741,500 $506,300
2018 $11,617 $1,247,800 $741,500 $506,300
2017 $11,031 $1,247,800 $741,500 $506,300
2016 $10,382 $1,247,800 $741,500 $506,300
2015 $10,793 $1,247,800 $741,500 $506,300
2014 $10,793 $1,247,800 $741,500 $506,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 186870

Cape May County Association of REALTORS®

APN: 02-01047-0000-00004