221 Alexander Ave Cape May Point, NJ 08212
Estimated Value: $884,811 - $1,128,000
2
Beds
1
Bath
834
Sq Ft
$1,205/Sq Ft
Est. Value
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 2020See associated docs for rental history and Lead Based Paint
Last Listed By
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC. Listed on: 06/16/2020
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
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%
Total Days on Market
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,953
Avg. Annual Appreciation
13.91%
Original Mortgage
$495,000
Outstanding Balance
$445,475
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$549,250
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
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
Similar Home in the area
Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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.
-
Annie Mullock
A
Seller Co-Listing Agent in 2020
Annie Mullock
Tim Kerr Sotheby's International Realty
26 in this area
83 Total Sales
-
Edward Mahaney Jr
E
Buyer's Agent in 2020
Edward Mahaney Jr
COASTLINE REALTY, LLC
(609) 425-1774
6 in this area
16 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 202017
APN: 03 00002-0000-00005- 01
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