NOT LISTED FOR SALE

245 Fifth Ave Cape May, NJ 08204

Estimated Value: $603,621 - $948,000

1 Bed
1 Bath
557 Sq Ft
$1,432/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $352,500 $633 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,495/month

3 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Screened Porch
  • West Cape May Elementary School Rated A
  • Furnished
  • Cottage

About This Home

As of January 2018

This property is an estate. Leslie S. Gallen, as sole heir for the Estate of Barry Sigel, is subject to appointment to be named executrix. Please contact listing agent and see associated docs for contingency to be inserted into a contract of sale. Lead Paint also in associated docs.

Last Agent to Sell the Property

Ami Menz

COASTLINE REALTY, LLC License #0447526 Listed on: 12/06/2017

Last Buyer's Agent

Olivia Zeitler

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,568

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x150

Home Design

  • Cottage

Interior Spaces

  • 557 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • Living Room
  • Dining Area
  • Screened Porch
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 38 / 52

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,568

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 12-West Cape May
  • Near: Elementary School
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1940
  • New Construction: No
  • Second Address Number: 245
  • Lot Size2: 50x150
  • Price per Sq Ft: 632.85
  • Selling Agent1: 4892
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Tile Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Total Rooms: 2
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 557
  • Other Rooms: Living Room, Kitchen, Dining Area

Exterior Features

  • Construction: Cottage
  • Outside Features: Screened Porch

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Gas Natural, Baseboard
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 38
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 2568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Jan 31, 2018
Sold by
Est Sigel Barry and Sigel-Galllen Ex Leslie
Bought by
Zeitkler Olivia M
Seller's Agent
Ami Menz
COASTLINE REALTY, LLC
Buyer's Agent
Olivia Zeitler
JERSEY CAPE REALTY
List Price
$335,000
Sold Price
$352,500
Premium/Discount to List
$17,500
5.22%
Current Estimated Value
$797,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,905
Avg. Annual Appreciation
11.33%

Purchase Details

Closed on
Apr 12, 1991
Sold by
Francis Margaret
Bought by
Sigel Barry
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
Zeitkler Olivia M $352,500 --
Sigel Barry $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeitler Olivia M $282,700
Closed Zeitler Olivia $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $352,500 +5.2% $633 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $335,000 -- $601 / 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 $3,161 $210,200 $170,000 $40,200
2024 $3,161 $210,200 $170,000 $40,200
2023 $3,197 $210,200 $170,000 $40,200
2022 $2,848 $210,200 $170,000 $40,200
2021 $2,691 $210,200 $170,000 $40,200
2020 $2,773 $210,200 $170,000 $40,200
2019 $2,636 $210,200 $170,000 $40,200
2018 $2,659 $210,200 $170,000 $40,200
2017 $2,569 $210,200 $170,000 $40,200
2016 $2,569 $210,200 $170,000 $40,200
2015 $2,415 $210,200 $170,000 $40,200
2014 $2,415 $210,200 $170,000 $40,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 179495

Cape May County Association of REALTORS®

APN: 12-00052-0000-00038