NOT LISTED FOR SALE

302 Cape Ave Cape May Point, NJ 08212

Estimated Value: $1,614,000 - $2,156,000

3 Beds
2 Baths
1,928 Sq Ft
$957/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2022

Last sale price $1,700,000 $882 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,351 / mo

3 Days on Market

Highlights

  • Property is near a beach
  • Wood Flooring
  • Furnished
  • Deck
  • Victorian Architecture
  • Great Room

About This Home

As of August 2022

This home is located at 302 Cape Ave, Cape May Point, NJ 08212 since 20 July 2022 and is currently estimated at $1,844,399, approximately $956 per square foot. This property was built in 1988. 302 Cape Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Last Agent to Sell the Property

Christina P. Clemans, ABR, CRS, GRI

Tim Kerr Sotheby's International Realty Listed on: 07/20/2022

Last Buyer's Agent

Kathleen Satt

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,376

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 50x100
  • Interior Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Victorian Architecture
  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 1,928 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Area
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,376

Year Built

Built in 1988

Lot Details

1.15 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 03-Cape May Point
  • Also Includes: Curtains, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 1988
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 50X100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher, Central Vacuum, Smoke/Fire Detector, Stove Propane
  • Interior Amenities: Wood Flooring, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Full, Outside Entrance
  • Estimated Living Sq Ft: 1928
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Great Room, See Remarks

Exterior Features

  • Construction: Victorian, Upside Down, Three Story, See Remarks
  • Exterior: Wood
  • House Color: Grey
  • Outside Features: Patio, Deck, Porch, Screened Porch, Grill, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, See Remarks

Utilities

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

Lot Info

  • Lot Number: 8
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 676400

Tax Info

  • Taxes: 4376.31
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 22, 2022
Sold by
Mahoney Michael J and Mahoney Christine F
Bought by
Eckels Adam J and Eckels Jacklyn M
Seller's Agent
Christina P. Clemans, ABR, CRS, GRI
Tim Kerr Sotheby's International Realty
Buyer's Agent
Kathleen Satt
deSatnick Real Estate LLC - Cape May
List Price
$1,499,000
Sold Price
$1,700,000
Premium/Discount to List
$201,000
13.41%
Current Estimated Value
$1,844,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,399
Avg. Annual Appreciation
2.28%
Original Mortgage
$1,360,000
Outstanding Balance
$1,300,538
Interest Rate
5.54%
Mortgage Type
Balloon
Estimated Equity
$543,861

Purchase Details

Closed on
Jan 13, 1989
Sold by
Kubiak Walter
Bought by
Mahoney Michael and Mahoney Christine
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
Eckels Adam J $1,700,000 Shore Title
Mahoney Michael -- --
Mahoney Michael $325,000 --
Mahoney Michael J $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckels Adam J $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $1,700,000 +13.4% $882 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $1,499,000 -- $777 / 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 $5,005 $676,400 $433,000 $243,400
2024 $5,005 $676,400 $433,000 $243,400
2023 $4,931 $676,400 $433,000 $243,400
2022 $4,769 $676,400 $433,000 $243,400
2021 $4,376 $676,400 $433,000 $243,400
2020 $4,207 $676,400 $433,000 $243,400
2019 $4,153 $676,400 $433,000 $243,400
2018 $4,004 $676,400 $433,000 $243,400
2017 $3,964 $676,400 $433,000 $243,400
2016 $3,883 $676,400 $433,000 $243,400
2015 $3,803 $763,700 $543,000 $220,700
2014 $3,803 $763,700 $543,000 $220,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2022

    Kathleen Satt

    deSatnick Real Estate LLC - Cape May

    (609) 884-1300

    9 in this area

    52 Total Sales

    Kathleen Satt
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222310

Cape May County Association of REALTORS®

APN: 03-00012-0000-00008

New Jersey Cape May County Cape May Point 08204

302 Cape Ave, Cape May Point, NJ

Not Listed for Sale

Detached

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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