NOT LISTED FOR SALE

500 Alexander Ave Cape May Point, NJ 08212

Estimated Value: $979,000 - $1,396,889

2 Beds
1 Bath
632 Sq Ft
$1,877/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $422,500 $669 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $6,758/month

182 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • Screened Porch
  • Ranch Style House
  • Furnished
  • Living Room

About This Home

As of December 2016

Clean well maintained cottage on oversized 50x174 tree protected lot. This cottage has a full length screened porch room with off season plastic lined inserts (inserts stored in rear storage building). Home offers vaulted ceilings, jalousie windows and full sized kitchen, two bedrooms, one bath and outside shower. There is a rear storage building with a second screened in porch perfect for a barbeque. Curved walkways, beautiful trees, ivy and a fish pond gives a relaxing setting. The property is on the ocean side of Alexander with lovely view potential if ever expanded. Oversized lot could allow a significantly larger home than the typical new construction in the Point.

Last Agent to Sell the Property

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499 Listed on: 05/31/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1960

Lot Details

  • 8,712

Parking

  • Stone Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 632 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Screened Porch
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 44 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,306

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Water View
  • District Township: 03-Cape May Point
  • Near: Beach
  • Also Includes: Curtains, Furniture
  • Estimated Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Included: Range, Oven, Dishwasher
  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 632
  • Other Rooms: Living Room, Kitchen, Dining Area

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: tan
  • Outside Features: Screened Porch, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 44
  • Lot Size: 50 x 174
  • Zoning: res
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: > 3306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Dec 19, 2016
Sold by
Bechtel Lisa J and Jones Nancy D Koenig
Bought by
Saulnier Peter S and Ussia Sharon A
Seller's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
List Price
$465,000
Sold Price
$422,500
Premium/Discount to List
-$42,500
-9.14%
Current Estimated Value
$1,186,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,722
Avg. Annual Appreciation
12.60%
Original Mortgage
$316,875
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2016
Sold by
Bechtel Joan and Bechtel Daniel
Bought by
Bechtel Lisa J

Purchase Details

Closed on
Oct 19, 2007
Sold by
Koenig Jones Nancy D and Bechtel Joan M
Bought by
Bechtel Joan and Bechtel Daniel
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Saulnier Peter S $422,500 None Available
Bechtel Lisa J -- None Available
Bechtel Joan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saulnier Peter S $307,000
Closed Saulnier Peter S $316,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $422,500 -9.1% $669 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $465,000 -- $736 / 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 $4,135 $558,800 $491,700 $67,100
2024 $4,135 $558,800 $491,700 $67,100
2023 $4,074 $558,800 $491,700 $67,100
2022 $3,940 $558,800 $491,700 $67,100
2021 $3,615 $558,800 $491,700 $67,100
2020 $3,476 $558,800 $491,700 $67,100
2019 $3,431 $558,800 $491,700 $67,100
2018 $3,308 $558,800 $491,700 $67,100
2017 $3,275 $558,800 $491,700 $67,100
2016 $3,208 $558,800 $491,700 $67,100
2015 $3,307 $664,000 $609,200 $54,800
2014 $3,307 $664,000 $609,200 $54,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 173229

Cape May County Association of REALTORS®

APN: 03-00001-0000-00044