NOT LISTED FOR SALE

316 Brainard Ave Cape May Point, NJ 08212

Estimated Value: $1,708,000 - $2,265,000

4 Beds
4 Baths
1,999 Sq Ft
$944/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $1,335,000 $668 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,928/month

5 Days on Market

Highlights

  • Property is near a beach
  • Wood Flooring
  • Great Room
  • Building is beachfront but unit may not have water views
  • Furnished
  • Screened Porch

About This Home

As of December 2020

Never run out of hot water, a tankless "on demand " water heaters for each floor. HVAC: High efficiency gas and heat pump on the first floor; Heat pump on second floor, a 4 zone system giving each BR a thermostat. Owners have rented the home in the past for approximately 8 weeks a season. Home is selling furnished less some personal items. This is an ideal property for year-round or summer living.

Last Agent to Sell the Property

Cherie B Hanscomb

Tim Kerr Sotheby's International Realty License #8030702 Listed on: 10/12/2020

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,131

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 50x100
  • Building is beachfront but unit may not have water views
  • Interior Lot
  • Sprinkler System

Parking

  • Parking Pad

Interior Spaces

  • 1,999 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Storage
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 18 / 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,131

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Inside Lot
  • District Township: 03-Cape May Point
  • Near: Pearl, Red Store
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 2008
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 316
  • Lot Size2: 50x100
  • Price per Sq Ft: 667.83
  • Selling Agent1: 476
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Washer, Dryer, Dishwasher, Trash Compactor, Central Vacuum, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Fireplace- Gas, Handicap Features, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1999
  • Other Rooms: Living Room, Dining Room, Kitchen, Dining Area, Laundry/Utility Room, Great Room, Storage Attic, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Other
  • Frontage: 50
  • Outside Features: Patio, Screened Porch, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Parking Pad

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Heat Pump, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 18
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R

Tax Info

  • Taxes: 4131
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 7, 2020
Sold by
Ottavio Family Llc
Bought by
Seydoux Helene
Seller's Agent
Cherie B Hanscomb
Tim Kerr Sotheby's International Realty
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$1,300,000
Sold Price
$1,335,000
Premium/Discount to List
$35,000
2.69%
Current Estimated Value
$1,928,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,784
Avg. Annual Appreciation
7.65%
Original Mortgage
$510,400
Outstanding Balance
$456,497
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,430,116

Purchase Details

Closed on
Dec 4, 2006
Sold by
Ottavio Dorothy and Ottavio Eileen
Bought by
Ottavio Family Llc

Purchase Details

Closed on
Jun 19, 1992
Sold by
Ottavio Dorothy
Bought by
Ottavio Dorothy and Ottavio Eileen
Source: Public Records

Range of Values:

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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
Seydoux Helene $1,335,000 Misc Company
Seydoux Helene $1,335,000 None Listed On Document
Ottavio Family Llc -- None Available
Ottavio Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seydoux Helene $510,400
Closed Seydoux Helene $510,400
Previous Owner Ottavio Family Llc $441,000
Previous Owner Ottavio Family Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $1,335,000 +2.7% $668 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $1,300,000 -- $650 / 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 $5,031 $679,900 $425,000 $254,900
2024 $5,031 $679,900 $425,000 $254,900
2023 $4,956 $679,900 $425,000 $254,900
2022 $4,793 $679,900 $425,000 $254,900
2021 $4,185 $679,900 $425,000 $254,900
2020 $4,185 $672,900 $425,000 $247,900
2019 $4,132 $672,900 $425,000 $247,900
2018 $3,984 $672,900 $425,000 $247,900
2017 $3,943 $672,900 $425,000 $247,900
2016 $3,862 $672,900 $425,000 $247,900
2015 $3,783 $759,700 $525,000 $234,700
2014 $3,783 $759,700 $525,000 $234,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cherie B Hanscomb

    Tim Kerr Sotheby's International Realty

    (609) 271-3091

    4 in this area

    5 Total Sales

    Section Image
  • Carol Menz

    Buyer's Agent in 2020

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    113 in this area

    278 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204013

Cape May County Association of REALTORS®

APN: 03-00010-0000-00018

New Jersey Cape May County Cape May Point 08204

316 Brainard Ave, Cape May Point, NJ

This home is located at 316 Brainard Ave, Cape May Point, NJ 08212 since 12 October 2020 and is currently estimated at $1,886,613, approximately $943 per square foot. This property was built in 2008. 316 Brainard 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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