NOT LISTED FOR SALE

3 Folsom Ave Cape May, NJ 08204

Estimated Value: $1,117,000 - $1,525,000

4 Beds
2 Baths
1,728 Sq Ft
$751/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $939,000 $543 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,552/month

8 Days on Market

Highlights

  • Beach Front
  • Deck
  • Cathedral Ceiling
  • Building is beachfront but unit may not have water views
  • Contemporary Architecture
  • Furnished

About This Home

As of June 2021

Seller believes furnace and ac are original, but had regular maintenance and are working. Seller does not intend to replace.

Last Agent to Sell the Property

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499 Listed on: 04/28/2021

Last Buyer's Agent

Rebecca L Fox

COASTLINE REALTY, LLC License #1642822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,550

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 60 x 100
  • Building is beachfront but unit may not have water views
  • Beach Front
  • Interior Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Den
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 11 / 530

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,550

Year Built

Built in 1997

Lot Details

1.38 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Beach Front, Inside Lot, Water View
  • District Township: 05-Lower Township
  • Near: 1 from BAY
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1997
  • New Construction: No
  • Lot Size2: 60 x 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Smoke/Fire Alarm, Storage
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Den/TV Room, Eat-In-Kitchen, Dining Area, Laundry Closet

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: tan
  • Outside Features: Deck

Garage/Parking

  • Parking Garage: Parking Pad, 3 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 11
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 8, 2021
Sold by
Cassario Emma Bea Est
Bought by
Ahmad Nuzhat and Iqbal Nayyar
Seller's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
Buyer's Agent
Rebecca L Fox
COASTLINE REALTY, LLC
List Price
$929,000
Sold Price
$939,000
Premium/Discount to List
$10,000
1.08%
Current Estimated Value
$1,297,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,559
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Jun 14, 2010
Sold by
Cassario Bea and Cassario Patrick
Bought by
Cassario Emma Bea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Ahmad Nuzhat $939,000 Misc Company
Ahmad Nuzhat $939,000 Misc Company
Cassario Emma Bea -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $939,000 +1.1% $543 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $929,000 -- $538 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $7,425 $366,100 $210,000 $156,100
2024 $7,425 $366,100 $210,000 $156,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 211494

Cape May County Association of REALTORS®

APN: 05-00530-0000-00011

Your Personal Tour Guide

Ask me questions while you tour the home.