NOT LISTED FOR SALE

221 Alexander Ave Cape May Point, NJ 08212

Estimated Value: $1,011,000 - $1,100,000

2 Beds
1 Bath
834 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $550,000 $659 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,015/month

25 Days on Market

Highlights

  • Property is near a beach
  • Island Location
  • Corner Lot
  • Building is beachfront but unit may not have water views
  • Loft
  • Furnished

About This Home

As of October 2020

See associated docs for rental history and Lead Based Paint

Last Agent to Sell the Property

Janice Conwell

HOMESTEAD REAL ESTATE CO. INC. Listed on: 06/16/2020

Co-Listed By

Annie Mullock

Tim Kerr Sotheby's International Realty

Last Buyer's Agent

Edward Mahaney Jr

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1950

Lot Details

  • Building is beachfront but unit may not have water views
  • Corner Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 834 Sq Ft Home
  • Furnished
  • Living Room
  • Loft
  • Crawl Space

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Patio
  • Outdoor Storage
  • Outdoor Grill

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Corner, Island
  • District Township: 03-Cape May Point
  • Near: Steps to the Beach
  • Also Includes: Shades, Furniture
  • Estimated Year Built: 1950
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 221
  • Listing Office2: 44
  • Lot Size2: 2150
  • Price per Sq Ft: 659.47
  • Selling Agent1: 1346
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Electric
  • Interior Amenities: Loft
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 834
  • Other Rooms: Living Room, Kitchen, Loft, Laundry Closet

Exterior Features

  • Construction: Cottage
  • Exterior: Vinyl
  • Outside Features: Patio, Grill, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: 2 Car, Concrete Driveway

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Oil, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 414300

Tax Info

  • Taxes: 2543.8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Oct 19, 2020
Sold by
Crossley Richard and Crossley Debra
Bought by
Russell Donald J and Russell Lorilyn T
Seller's Agent
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
Edward Mahaney Jr
COASTLINE REALTY, LLC
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$1,056,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,936
Avg. Annual Appreciation
13.26%
Original Mortgage
$495,000
Outstanding Balance
$443,484
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$561,469

Purchase Details

Closed on
Aug 13, 2012
Sold by
Gibson William and Gibson Alice
Bought by
Crossley Richard and Crossley Debra

Purchase Details

Closed on
Oct 6, 2005
Sold by
Lenker Carol and Lenker William F
Bought by
Gibson William and Gibson Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1994
Sold by
Hunter Margaret S
Bought by
Lenker Carol and Lenker William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.51%
Mortgage Type
Purchase Money Mortgage
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
Russell Donald J $550,000 Misc Company
Crossley Richard $320,000 None Available
Gibson William $550,000 The Title Company Of Jersey
Lenker Carol $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Donald J $495,000
Previous Owner Gibson William $560,000
Previous Owner Gibson William $440,000
Previous Owner Lenker Carol $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $550,000 -8.2% $659 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $599,000 -- $718 / 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 $3,066 $414,300 $353,000 $61,300
2024 $3,066 $414,300 $353,000 $61,300
2023 $3,020 $414,300 $353,000 $61,300
2022 $2,921 $414,300 $353,000 $61,300
2021 $2,681 $414,300 $353,000 $61,300
2020 $2,577 $414,300 $353,000 $61,300
2019 $2,544 $414,300 $353,000 $61,300
2018 $2,453 $414,300 $353,000 $61,300
2017 $2,428 $414,300 $353,000 $61,300
2016 $2,378 $414,300 $353,000 $61,300
2015 $1,992 $400,000 $375,000 $25,000
2014 $1,992 $400,000 $375,000 $25,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Janice Conwell

    HOMESTEAD REAL ESTATE CO. INC.

  • A

    Seller Co-Listing Agent in 2020

    Annie Mullock

    Tim Kerr Sotheby's International Realty

    25 in this area

    75 Total Sales

    Annie Mullock
    Section Image

  • E

    Buyer's Agent in 2020

    Edward Mahaney Jr

    COASTLINE REALTY, LLC

    (609) 425-1774

    5 in this area

    15 Total Sales

    Edward Mahaney Jr
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202017

Cape May County Association of REALTORS®

APN: 03 00002-0000-00005- 01

New Jersey Cape May County Cape May Point 08204

221 Alexander Ave, Cape May Point, NJ

This home is located at 221 Alexander Ave, Cape May Point, NJ 08212 since 16 June 2020 and is currently estimated at $1,056,936, approximately $1,267 per square foot. This property was built in 1950. 221 Alexander Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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