NOT LISTED FOR SALE

318 Knox Ave Cape May Point, NJ 08212

Estimated Value: $1,670,685 - $1,975,000

4 Beds
3 Baths
1,996 Sq Ft
$884/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $1,175,000 $589 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $10,326/month

113 Days on Market

Highlights

  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Walk-In Closet

About This Home

As of November 2020

This property rents Saturday - Saturday. Showings can only be scheduled between 11am and 2pm. Flood Insurance: $1088. Homeowner Insurance $1733. Gas fireplace in living room is not hooked up. When property was switched over to natural gas it was unhooked from the propane tank in the back yard. The propane tank is still there.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 06/23/2020

Co-Listed By

Ami Menz

COASTLINE REALTY, LLC License #0447526

Last Buyer's Agent

Brian Giancola

RE/MAX SURFSIDE

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 50x100
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Storage
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8 / 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,165

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 03-Cape May Point
  • Near: Beach
  • Also Includes: Shades, Rugs, Partial Furniture
  • Estimated Year Built: 2007
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 318
  • Listing Office2: 20
  • Lot Size2: 50x100
  • Price per Sq Ft: 588.68
  • Selling Agent1: 1478
  • Selling Office1: 858
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1996
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Laundry/Utility Room, See Remarks, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Gray
  • Outside Features: Patio, Porch, Storage Building, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car

Utilities

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

Lot Info

  • Lot Number: 8
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4164.72
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Nov 21, 2020
Sold by
Jachetti Joseph M
Bought by
Chambers Reid and Chambers Irene
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Brian Giancola
RE/MAX SURFSIDE
List Price
$1,100,000
Sold Price
$1,175,000
Premium/Discount to List
$75,000
6.82%
Current Estimated Value
$1,791,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,174
Avg. Annual Appreciation
9.38%
Original Mortgage
$510,400
Outstanding Balance
$460,358
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,328,826

Purchase Details

Closed on
Feb 8, 2007
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 Buyer Sale Price Title Company
Chambers Reid $1,175,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Reid $510,400
Previous Owner Jachetti Joseph M $385,400
Previous Owner Jachetti Joseph M $414,000
Previous Owner Jachetti Joseph M $417,000
Previous Owner Jachetti Joseph M $300,000
Previous Owner Jachetti Joseph $840,000
Previous Owner Jachetti Joseph $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $1,175,000 +6.8% $589 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $1,100,000 -- $551 / 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 $5,206 $703,500 $425,000 $278,500
2024 $5,206 $703,500 $425,000 $278,500
2023 $5,129 $703,500 $425,000 $278,500
2022 $4,960 $703,500 $425,000 $278,500
2021 $4,376 $703,500 $425,000 $278,500
2020 $4,376 $703,500 $425,000 $278,500
2019 $4,319 $703,500 $425,000 $278,500
2018 $4,165 $703,500 $425,000 $278,500
2017 $4,123 $703,500 $425,000 $278,500
2016 $4,038 $703,500 $425,000 $278,500
2015 $3,842 $771,400 $525,000 $246,400
2014 $3,842 $771,400 $525,000 $246,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202118

Cape May County Association of REALTORS®

APN: 03-00008-0000-00017