$802,000
SOLD AUG 7, 2015

302 Alexander Ave Cape May Point, NJ 08212

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

Recently Sold

19% Below List Price

350 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

Waterview, Location and Privacy: The Chalet by the Bay with a Million Dollar View, has what you are looking for. Just steps to the beach, this bright and pleasant 3 bedroom, 2.5 bath house is the perfect getaway for any season. The views from the second floor deck are second to none as you watch the dolphins, boats and the ferry go by. This home has a spacious and open floor plan that flows nicely for entertaining through the kitchen, dining, living room. There is a full bath on the first floor and an outside shower. The appliances are stainless: a Sub Zero refrigerator, Wolf stove top and oven and an Asko dishwasher. Plenty of privacy in the rear Sun Room that overlooks preserved land. The second floor has 3 bedrooms, a bath and a half and front and back decks. This property has been meticulously maintained, fresh paint (in and out), beautiful hardwood flooring, new doors on the front and back, fiberglass deck with a see through stainless rail and new windows on the front. Also, it has been landscaped perfectly for privacy.

Last Agent to Sell the Property

Andrea Moffatt

Tim Kerr Sotheby's International Realty Listed on: 07/23/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,809

Lot Details

  • Building is beachfront but unit may not have water views
  • Sprinkler System

Home Design

  • Wood Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling 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

$3,809

Lot Details

0

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: Blinds, Partial Furniture
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Trash Compactor, Stove Electric
  • 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, Eat-In-Kitchen, Dining Area, Florida Room

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Frontage: 50
  • House Color: Brown
  • Outside Features: Deck, Storage Building, Cable TV, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Gravel Driveway

Utilities

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

Lot Info

  • Lot Number: 16
  • Lot Size: 50x88
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 3809.87
  • Assessor Parcel Number: 03000010000000160000

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
$1,784,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$834,861
Avg. Annual Appreciation
11.86%
Original Mortgage
$400,000
Outstanding Balance
$355,625
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,334,497

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:

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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 Type Sale Price Title Company
Deed $950,000 Misc Company
Deed $802,000 First American Title Ins Co
Bargain Sale Deed $985,000 The Title Company Of Jersey
Deed $830,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $670,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $622,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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 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 $5,739 $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

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 159279

Cape May County Association of REALTORS®

APN: 03-00001-0000-00016