$877,500
SOLD DEC 20, 2022

303 Brainard Ave Cape May Point, NJ 08212

1.15 Acres
$763,043 Price per Acre
50,094 Sq Ft Lot

Recently Sold

12% Below List Price

63 Days on Market

About This Lot

As of September 2023

Taxes are estimated as this is a newly formed lot

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 09/29/2022

Co-Listed By

Robert Hartman Jr

COASTLINE REALTY, LLC

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC Listed on: 09/29/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,200

Lot Details

  • Lot Dimensions are 50 x 100
  • Interior Lot
  • Cleared Lot

Location

  • Island Location

Listing and Financial Details

  • Legal Lot and Block 2 / 11

Property Details

Property Type

Land

Est. Annual Taxes

$3,200

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Inside Lot, Island
  • District Township: 03-Cape May Point
  • Near: 4th off beach
  • Second Address Number: 303
  • Listing Office2: 20
  • Lot Size2: 50 x 100
  • Selling Agent1: 476
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 50

Lot Info

  • Lot Number: 2
  • Lot Size: 1 to 6000 SqFt
  • Zoning: r
  • Improvements: Electric, Water, Sewer
  • Topography: Partially Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 3200
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 18, 2023
Sold by
Sj Design Group Llc
Bought by
Goldner Herman and Goldner Martha
Seller's Agent
james hanson
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Courtney Poole
COASTLINE REALTY, LLC
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Views
115
Current Estimated Value
$2,167,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$232,091
Avg. Annual Appreciation
-3.45%
Original Mortgage
$400,000
Interest Rate
6.96%

Purchase Details

Listed on
Sep 29, 2022
Closed on
Dec 20, 2022
Sold by
Cape Manor Properties Llc
Bought by
Sj Design Group Llc
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$999,999
Sold Price
$877,500
Premium/Discount to List
-$122,499
-12.25%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.49%

Purchase Details

Closed on
Sep 28, 2022
Sold by
Clark Shawn F
Bought by
Cape Manor Properties Llc

Purchase Details

Closed on
Dec 12, 2007
Sold by
Clark Shawn F
Bought by
Clark Shawn F
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $2,400,000 Shore Title
Deed $877,500 Westcor Land Title
Deed $600,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Closed $400,000 No Value Available
Closed $600,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $2,400,000 -3.8% $1,143 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $2,495,000 +184.3% $1,188 / Sq Ft
12/20/2022 12/20/22 Sold $877,500 -5.1% --
12/01/2022 12/01/22 Pending -- -- --
11/23/2022 11/23/22 Price Changed $925,000 -7.5% --
09/29/2022 09/29/22 For Sale $999,999 -- --
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
2024 $12,578 $1,699,700 $425,000 $1,274,700
2023 $3,098 $425,000 $425,000 $0
2022 $2,996 $425,000 $425,000 $0
2021 $3,250 $503,500 $425,000 $78,500
2020 $3,132 $503,500 $425,000 $78,500
2019 $3,091 $503,500 $425,000 $78,500
2018 $2,981 $503,500 $425,000 $78,500
2017 $2,951 $503,500 $425,000 $78,500
2016 $2,890 $503,500 $425,000 $78,500
2015 $2,769 $556,100 $525,000 $31,100
2014 $2,769 $556,100 $525,000 $31,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223087

Cape May County Association of REALTORS®

APN: 03-00011-0000-00002