NOT LISTED FOR SALE

401 Sunset Blvd Cape May, NJ 08204

Estimated Value: $1,120,000 - $1,289,000

4 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold January 17, 2020

Last sale price $685,000

Est. 79% increase in value since last sale

Current estimated payment $6,903/month

19 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Loft
  • West Cape May Elementary School Rated A+
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of January 2020

Great rental history - several weeks booked for 2020 and even a week into 2021!. Flood insurance is $3521 a year and homeowners $2,454. Elevation cert in associated docs.

Last Agent to Sell the Property

Janice Conwell

HOMESTEAD REAL ESTATE CO. INC. Listed on: 11/01/2019

Co-Listed By

Annie Mullock

Tim Kerr Sotheby's International Realty

Last Buyer's Agent

Thomas Shagren

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,848

Year Built

  • Built in 1920

Lot Details

  • Corner Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Living Room
  • Dining Room
  • Loft
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Outdoor Grill
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 57

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,848

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Water View
  • District Township: 12-West Cape May
  • Near: Beaches and Restaurants
  • Also Includes: Partial Furniture, See Remarks
  • Estimated Year Built: 1920
  • New Construction: No
  • Listing Office2: 44
  • Lot Size2: 10023
  • OFFICELIST_STATE: NJ
  • Street Designation: Boulevard
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Storage, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Eat-In-Kitchen, Loft, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story, Cottage
  • Exterior: Vinyl
  • Frontage: 100
  • Outside Features: Porch, Grill, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 3 Car

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural, On Demand
  • Sewer: Septic
  • Water: City

Lot Info

  • Lot Number: 6
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 386600

Tax Info

  • Taxes: 4847.96
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 9, 2020
Sold by
Ranieri Thorne and Ranieri Gina
Bought by
Plimeno Joseph and Plimeno Sharon
Seller's Agent
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
Thomas Shagren
JERSEY CAPE REALTY
List Price
$689,000
Sold Price
$685,000
Premium/Discount to List
-$4,000
-0.58%
Current Estimated Value
$1,227,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,219
Avg. Annual Appreciation
10.26%
Original Mortgage
$548,000
Outstanding Balance
$485,389
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$741,830

Purchase Details

Closed on
Feb 7, 2014
Sold by
Martin Bertha Mae
Bought by
Ranieri Thorne and Ranieri Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1981
Bought by
Martin Bertha M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Plimeno Joseph $685,000 None Available
Ranieri Thorne $362,000 The Title Company Of Jersey
Martin Bertha M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plimeno Joseph $548,000
Previous Owner Ranieri Thorne $289,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $685,000 -0.6% --
11/20/2019 11/20/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $689,000 -- --
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 $5,814 $386,600 $323,100 $63,500
2024 $5,814 $386,600 $323,100 $63,500
2023 $5,880 $386,600 $323,100 $63,500
2022 $5,238 $386,600 $323,100 $63,500
2021 $4,873 $386,600 $323,100 $63,500
2020 $5,099 $386,600 $323,100 $63,500
2019 $4,848 $386,600 $323,100 $63,500
2018 $4,890 $386,600 $323,100 $63,500
2017 $4,724 $386,600 $323,100 $63,500
2016 $4,724 $386,600 $323,100 $63,500
2015 $5,863 $510,300 $401,900 $108,400
2014 $5,863 $510,300 $401,900 $108,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 190438

Cape May County Association of REALTORS®

APN: 12 00057-0000-00006- 01