NOT LISTED FOR SALE

423 Second Ave Cape May, NJ 08204

Estimated Value: $966,000 - $1,269,000

3 Beds
1 Bath
1,200 Sq Ft
$917/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $530,000 $442 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,203/month

53 Days on Market

Highlights

  • Island Location
  • Deck
  • Fenced Yard
  • West Cape May Elementary School Rated A+
  • Contemporary Architecture
  • Porch

About This Home

As of June 2018

This home is located at 423 Second Ave, Cape May, NJ 08204 since 31 March 2018 and is currently estimated at $1,100,110, approximately $916 per square foot. 423 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

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 03/31/2018

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

Richard Parker

deSatnick Real Estate LLC - Lower Township License #0451579

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,395

Lot Details

  • Lot Dimensions are 50 x160
  • Fenced Yard
  • Interior Lot

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Wall to Wall Carpet
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 6 / 58

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,395

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, See Remarks
  • District Township: 12-West Cape May
  • Near: Nature Preserves
  • Also Includes: See Remarks
  • New Construction: No
  • Lot Size2: 50 X160
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1200
  • Other Rooms: Living Room, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Ranch, Contemporary
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: White
  • Outside Features: Patio, Deck, Porch, Fenced Yard, Storage Building, Cable TV, Outside Shower, See Remarks

Garage/Parking

  • Parking Garage: 3 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 6
  • Lot Size: 6001-10000 SqFt
  • Zoning: residentia

Tax Info

  • Taxes: 4395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2018
Closed on
Jun 29, 2018
Sold by
Perlis Joseph J and Perlis Suusan M
Bought by
Black Gregory K and Black Patricia
Seller's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Richard Parker
deSatnick Real Estate LLC - Lower Township
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$1,100,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,110
Avg. Annual Appreciation
10.18%
Original Mortgage
$79,500
Outstanding Balance
$68,899
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,031,211

Purchase Details

Closed on
Apr 26, 2002
Sold by
Payton Richard B
Bought by
Perlis Joseph J and Perlis Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.18%
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
Black Gregory K $530,000 --
Perlis Joseph J $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Gregory K $79,500
Previous Owner Perlis Joseph J $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $530,000 -3.5% $442 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $549,000 -- $458 / 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 $5,410 $359,700 $270,900 $88,800
2024 $5,410 $359,700 $270,900 $88,800
2023 $5,471 $359,700 $270,900 $88,800
2022 $4,874 $359,700 $270,900 $88,800
2021 $4,744 $359,700 $270,900 $88,800
2020 $4,744 $359,700 $270,900 $88,800
2019 $4,511 $359,700 $270,900 $88,800
2018 $4,550 $359,700 $270,900 $88,800
2017 $4,396 $359,700 $270,900 $88,800
2016 $4,396 $359,700 $270,900 $88,800
2015 $4,133 $359,700 $270,900 $88,800
2014 $4,133 $359,700 $270,900 $88,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James McBride

    Coldwell Banker Sol Needles Real Estate

    (609) 408-3076

    30 in this area

    39 Total Sales

    James McBride
    Section Image
  • Richard Parker

    Buyer's Agent in 2018

    Richard Parker

    deSatnick Real Estate LLC - Lower Township

    (609) 602-8234

    1 in this area

    26 Total Sales

    Richard Parker
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 181161

Cape May County Association of REALTORS®

APN: 12 00058-0000-00006- 01

New Jersey Cape May County Cape May 08204

423 Second Ave, Cape May, NJ

Not Listed for Sale

Detached

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