NOT LISTED FOR SALE

261 Grant St Cape May, NJ 08204

Estimated Value: $1,865,000 - $2,692,000

6 Beds
3 Baths
2,643 Sq Ft
$867/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $1,282,500 $485 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $13,325/month

184 Days on Market

Highlights

  • Water Views
  • Island Location
  • Marble Flooring
  • In Ground Pool
  • Deck
  • 4-minute walk to Wilbraham Park

About This Home

As of December 2017

One Seller is a Licensed New Jersey Real Estate Agent. Being sold fully furnished with the exception of one chair in the living room that will be excluded.

Last Agent to Sell the Property

Henry Lanzalotti

JERSEY CAPE REALTY Listed on: 05/09/2017

Last Buyer's Agent

Henry Lanzalotti

JERSEY CAPE REALTY Listed on: 05/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,904

Year Built

  • Built in 1870

Lot Details

  • Lot Dimensions are 50 x 100
  • Fenced Yard

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Den
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Stone Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 22 / 1023

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,904

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island, Water View
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Curtains, Shades, Furniture, See Remarks, Window Treatments
  • Estimated Year Built: 1870
  • New Construction: No
  • Second Address Number: 261
  • Lot Size2: 50 x 100
  • Selling Agent1: 768
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1870

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Marble Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 6
  • Total Rooms: 13
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Victorian, Three Story
  • Exterior: Wood
  • Frontage: 50
  • Outside Features: Deck, Porch, Grill, Fenced Yard, Storage Building, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, Detached, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 22
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 7904

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Dec 4, 2017
Sold by
Lindeman John and Lindeman Joan Schaffer
Bought by
Burns Frank T and Burns Tracy L
Seller's Agent
Henry Lanzalotti
JERSEY CAPE REALTY
Buyer's Agent
Henry Lanzalotti
JERSEY CAPE REALTY
List Price
$1,365,000
Sold Price
$1,282,500
Premium/Discount to List
-$82,500
-6.04%
Current Estimated Value
$2,292,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,009,507
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Jul 15, 2005
Sold by
Miklos Gregory and Miklos Gabrielle
Bought by
Lindeman John and Lindeman Joan Schaffer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1998
Sold by
Henderson Eleanor
Bought by
Miklos Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.89%
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
Burns Frank T $1,282,500 The Title Company Of Jersey
Lindeman John $980,000 The Title Company Of Jersey
Miklos Gregory $262,275 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindeman John $1,160,000
Previous Owner Lindeman John $100,000
Previous Owner Lindeman John $717,000
Previous Owner Miklos Gregory $617,450
Previous Owner Miklos Gregory $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2017 12/04/17 Sold $1,282,500 -6.0% $485 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $1,365,000 -- $516 / 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 $10,042 $950,000 $485,000 $465,000
2024 $10,042 $950,000 $485,000 $465,000
2023 $10,203 $950,000 $485,000 $465,000
2022 $9,804 $950,000 $485,000 $465,000
2021 $9,671 $950,000 $485,000 $465,000
2020 $9,215 $950,000 $485,000 $465,000
2019 $9,377 $950,000 $485,000 $465,000
2018 $8,845 $950,000 $485,000 $465,000
2017 $8,398 $950,000 $485,000 $465,000
2016 $7,904 $950,000 $485,000 $465,000
2015 $8,218 $950,000 $485,000 $465,000
2014 $8,218 $950,000 $485,000 $465,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Henry Lanzalotti

    JERSEY CAPE REALTY

    (609) 972-4977

    12 in this area

    47 Total Sales

    Henry Lanzalotti
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176196

Cape May County Association of REALTORS®

APN: 02-01023-0000-00022

New Jersey Cape May County Cape May 08204

261 Grant St, Cape May, NJ

This home is located at 261 Grant St, Cape May, NJ 08204 since 09 May 2017 and is currently estimated at $2,292,007, approximately $867 per square foot. This property was built in 1870. 261 Grant St is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

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