NOT LISTED FOR SALE

306 Second Ave Cape May, NJ 08204

Estimated Value: $1,429,000 - $1,807,000

3 Beds
2 Baths
2,060 Sq Ft
$787/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $1,207,500 $586 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,145/month

14 Days on Market

Highlights

  • Island Location
  • Victorian Architecture
  • Fenced Yard
  • West Cape May Elementary School Rated A+
  • Sun or Florida Room
  • 4 Car Detached Garage

About This Home

As of January 2022

This home is located at 306 Second Ave, Cape May, NJ 08204 since 25 October 2021 and is currently estimated at $1,621,622, approximately $787 per square foot. This property was built in 2007. 306 Second Ave is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

Joan A. Flood

RE/MAX SURFSIDE License #0790676 Listed on: 10/25/2021

RE/MAX SURFSIDE

Last Buyer's Agent

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,003

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 50x150
  • Fenced Yard
  • Interior Lot

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Window Treatments
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 11 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,003

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 12-West Cape May
  • Also Includes: Partial Furniture, See Remarks, Window Treatments
  • Estimated Year Built: 2007
  • New Construction: No
  • Lot Size2: 50X150
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2060
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Florida Room, Storage Attic

Exterior Features

  • Construction: Two Story, Victorian
  • Exterior: Vinyl
  • Frontage: 50
  • Outside Features: Porch, Fenced Yard, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Auto Door Opener, Stone Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 11
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 7002.57
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jan 8, 2022
Sold by
Austermehle Robert and Austermehle Renee
Bought by
Anderson Richard J and Anderson Samantha L
Seller's Agent
Joan A. Flood
RE/MAX SURFSIDE
Buyer's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
List Price
$1,150,000
Sold Price
$1,207,500
Premium/Discount to List
$57,500
5%
Current Estimated Value
$1,621,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,122
Avg. Annual Appreciation
7.69%
Original Mortgage
$784,875
Outstanding Balance
$723,360
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$898,262

Purchase Details

Closed on
Jul 7, 2012
Sold by
Digiaro Deborah A
Bought by
Austermehle Robert and Austermehle Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2011
Sold by
Digiaro Deborah
Bought by
Digiaro Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,640
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Digiaro Deborah
Bought by
Digiaro Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,640
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Digiaro Deborah
Bought by
Digiaro Deborah

Purchase Details

Closed on
Jan 31, 2008
Sold by
M A A S H Llc
Bought by
Digiaro Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2006
Sold by
Rowan Carol L Reed
Bought by
M A A S H Llc

Purchase Details

Closed on
Apr 23, 1992
Sold by
Eaton Roberta E Decd
Bought by
Reed Elsa P and Reed Ilda M
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
Anderson Richard J $1,207,500 Dune Abstract
Anderson Richard J $1,207,500 Dune Abstract
Austermehle Robert $575,000 The Title Company Of Jersey
Digiaro Deborah -- None Available
Digiaro Deborah A -- Title Resource Group Ccs
Digiaro Deborah -- None Available
Digiaro Deborah $570,000 The Title Company Of Jersey
M A A S H Llc $215,000 The Title Company Of Jersey
Reed Elsa P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Richard J $784,875
Closed Anderson Richard J $784,875
Previous Owner Austermehle Robert $460,000
Previous Owner Digiaro Deborah A $411,640
Previous Owner Digiaro Deborah $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $1,207,500 +5.0% $586 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $1,150,000 -- $558 / Sq Ft
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 $7,985 $530,900 $260,000 $270,900
2024 $7,985 $530,900 $260,000 $270,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214077

Cape May County Association of REALTORS®

APN: 12-00042-0000-00011