NOT LISTED FOR SALE

302 Alexander Ave Cape May Point, NJ 08212

Estimated Value: $1,537,000 - $1,905,000

3 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: August 7, 2020

Last sale price $950,000

Est. 79% increase in value since last sale

Current estimated payment $9,634 / mo

10 Days on Market

Highlights

  • Water Views
  • Island Location
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Deck
  • Sun or Florida Room

About This Home

As of August 2020

All showings will be subject to limited availability between rentals and not necessarily only Saturdays. Please call Agent.

Last Agent to Sell the Property

Andrea Moffatt

Tim Kerr Sotheby's International Realty Listed on: 06/02/2020

Last Buyer's Agent

Andrea Moffatt

Tim Kerr Sotheby's International Realty Listed on: 06/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,727

Lot Details

  • Lot Dimensions are 50x88
  • Building is beachfront but unit may not have water views

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 16 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,727

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Island, Water View
  • District Township: 03-Cape May Point
  • Near: Alexander Ave. Beach
  • Also Includes: Drapes, Curtains, Blinds, Rugs, Furniture, See Remarks
  • New Construction: No
  • Listing Office2: 19
  • Lot Size2: 50x88
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Washer, Dryer, Dishwasher, Trash Compactor, Stove Electric, Wine Cooler
  • Interior Amenities: Wood Flooring, Security System
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Florida Room

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • House Color: Brown
  • Outside Features: Deck, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: 3 Car, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Electric, Baseboard, Forced Air, Heat Pump, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 16
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 4727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Aug 3, 2020
Sold by
Osle Ernest
Bought by
Madden Robert E and Prado-Madden Linda
Seller's Agent
Andrea Moffatt
Tim Kerr Sotheby's International Realty
Buyer's Agent
Andrea Moffatt
Tim Kerr Sotheby's International Realty
List Price
$969,000
Sold Price
$950,000
Premium/Discount to List
-$19,000
-1.96%
Current Estimated Value
$1,700,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$750,193
Avg. Annual Appreciation
10.81%
Original Mortgage
$400,000
Outstanding Balance
$354,828
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,345,365

Purchase Details

Listed on
Jul 23, 2014
Closed on
Jul 31, 2015
Sold by
Walling Richard C and Mcandrews Mary Elizabeth
Bought by
Osle Ernest and Leary Tara J O
Seller's Agent
Andrea Moffatt
Tim Kerr Sotheby's International Realty
List Price
$989,000
Sold Price
$802,000
Premium/Discount to List
-$187,000
-18.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$670,000
Interest Rate
2.94%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2008
Sold by
Paugh Steven and Paugh Elizabeth S
Bought by
Walling Richard C and Mcandrews Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2002
Sold by
Osinski Joseph
Bought by
Paugh Steven and Paugh Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Madden Robert E $950,000 Misc Company
Osle Ernest $802,000 First American Title Ins Co
Walling Richard C $985,000 The Title Company Of Jersey
Paugh Steven $830,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Robert E $400,000
Previous Owner Osle Ernest $670,000
Previous Owner Walling Richard C $500,000
Previous Owner Paugh Steven $622,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $950,000 -2.0% --
06/12/2020 06/12/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $969,000 +20.8% --
08/07/2015 08/07/15 Sold $802,000 -18.9% -- View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
07/23/2014 07/23/14 For Sale $989,000 -- --
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 $5,739 $775,600 $607,600 $168,000
2024 $5,739 $775,600 $607,600 $168,000
2023 $5,654 $775,600 $607,600 $168,000
2022 $5,468 $775,600 $607,600 $168,000
2021 $5,018 $775,600 $607,600 $168,000
2020 $4,789 $769,900 $607,600 $162,300
2019 $4,727 $769,900 $607,600 $162,300
2018 $4,558 $769,900 $607,600 $162,300
2017 $4,512 $769,900 $607,600 $162,300
2016 $4,419 $769,900 $607,600 $162,300
2015 $3,728 $748,500 $639,400 $109,100
2014 $3,728 $748,500 $639,400 $109,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrea Moffatt

    Tim Kerr Sotheby's International Realty

    (609) 884-3332

    9 in this area

    10 Total Sales

    Andrea Moffatt
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201827

Cape May County Association of REALTORS®

APN: 03-00001-0000-00016

New Jersey Cape May County Cape May Point 08204

302 Alexander Ave, Cape May Point, NJ

Not Listed for Sale

Detached

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