NOT LISTED FOR SALE

231 Fourth Ave Cape May, NJ 08204

Estimated Value: $992,159 - $1,142,000

3 Beds
2 Baths
750 Sq Ft
$1,419/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $449,000 $599 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $6,218/month

144 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Living Room
  • West Cape May Elementary School Rated A
  • Screened Porch
  • Laundry closet

About This Home

As of December 2017

Property is being sold fully furnished except the dining room table will be excluded. Sellers will replace the table.

Last Agent to Sell the Property

Henry Lanzalotti

JERSEY CAPE REALTY Listed on: 06/13/2017

Last Buyer's Agent

Todd deSatnick

deSatnick Real Estate LLC - Cape May License #9806297

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,512

Lot Details

  • Lot Dimensions are 50 x 150

Parking

  • Stone Driveway

Interior Spaces

  • 2-Story Property
  • Furnished
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 41

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,512

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 12-West Cape May
  • Also Includes: Drapes, Curtains, Shades, Blinds, Furniture, See Remarks, Window Treatments
  • New Construction: No
  • Second Address Number: 231
  • Lot Size2: 50 x 150
  • Selling Agent1: 604
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Outside Features: Screened Porch, Grill, Storage Building, Outside Shower

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 8
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 4511.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Dec 8, 2017
Sold by
Wood Christopher H and Castaldo Luigi
Bought by
Wells Ryan C
Seller's Agent
Henry Lanzalotti
JERSEY CAPE REALTY
Buyer's Agent
Todd deSatnick
deSatnick Real Estate LLC - Cape May
List Price
$469,500
Sold Price
$449,000
Premium/Discount to List
-$20,500
-4.37%
Current Estimated Value
$1,064,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,290
Avg. Annual Appreciation
11.76%
Original Mortgage
$359,200
Outstanding Balance
$303,520
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$760,770

Purchase Details

Closed on
Mar 18, 2007
Sold by
Moffatt Andrea
Bought by
Wood Christopher H and Castaldo Luigi

Purchase Details

Closed on
May 15, 2002
Sold by
Baca Richard
Bought by
Moffatt Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,910
Interest Rate
6.9%

Purchase Details

Closed on
Nov 28, 1997
Sold by
Bonham J Blaine
Bought by
Boca Richard and Boca Carol A Vande Wal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.26%

Purchase Details

Closed on
Jun 30, 1992
Sold by
Maloney Peter and Maloney Carole
Bought by
Bonham Bonham J and Bonham Grubb,William J

Purchase Details

Closed on
Apr 6, 1990
Sold by
Perry Basil and Perry Elizabeth
Bought by
Maloney Peter and Maloney Carole
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
Wells Ryan C $449,000 Seaboard Title Agency
Wood Christopher H $385,000 The Title Company Of Jersey
Moffatt Andrea $239,901 --
Boca Richard $136,000 --
Bonham Bonham J $115,000 --
Maloney Peter $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Ryan C $359,200
Previous Owner Moffatt Andrea $215,910
Previous Owner Boca Richard $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2017 12/08/17 Sold $449,000 -4.4% $599 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $469,500 -- $626 / 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 $5,553 $369,200 $260,000 $109,200
2024 $5,553 $369,200 $260,000 $109,200
2023 $5,616 $369,200 $260,000 $109,200
2022 $5,003 $369,200 $260,000 $109,200
2021 $4,726 $369,200 $260,000 $109,200
2020 $4,870 $369,200 $260,000 $109,200
2019 $4,630 $369,200 $260,000 $109,200
2018 $4,670 $369,200 $260,000 $109,200
2017 $4,512 $369,200 $260,000 $109,200
2016 $4,512 $369,200 $260,000 $109,200
2015 $4,242 $369,200 $260,000 $109,200
2014 $4,242 $369,200 $260,000 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176770

Cape May County Association of REALTORS®

APN: 12-00041-0000-00008