J
Seller's Agent in 2014
Joan Del Conte
Coldwell Banker Realty
(856) 745-5361
17 Total Sales
502 Cedar Ave Cape May Point, NJ 08212
Estimated Value: $1,215,000 - $1,886,255
2
Beds
1
Bath
734
Sq Ft
$2,022/Sq Ft
Est. Value
Highlights
- Attic
- Living Room
- En-Suite Primary Bedroom
- No HOA
- Bungalow
- Forced Air Heating System
About This Home
As of December 2014Lovely shore cottage in beautiful Cape May Point. Walk from the home to the beach and the lake. Close to Sunset Beach and the well known sunsets as well as the evening sunset ceremony. The home is featured on a 50 x 100 lot and has been owned and well loved by the same family. On the property is over sized garage, storage shed and outside shower. The front has a large screened in porch for enjoying morning and evening coffee. For anyone who enjoys bird watching, you are right near the bird observatory where watching the bird migrations and the beauty of this natural habitat. Five minute drive into the center of Cape May and all the activities this provides.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,169
Year Built
- Built in 1941
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Property is in good condition
Home Design
- Bungalow
- Shingle Siding
Interior Spaces
- 734 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Attic
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Schools
- Richard M. Teitelman Middle School
- Lower Cape May Regional High School
Utilities
- Cooling System Utilizes Bottled Gas
- Forced Air Heating System
- Heating System Uses Propane
- 100 Amp Service
- Electric Water Heater
Community Details
- No Home Owners Association
- Cape May Subdivision
Listing and Financial Details
- Tax Lot 00008
- Assessor Parcel Number 03-00018-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2014
Closed on
Dec 16, 2014
Sold by
Knaebel Daniel J and Knaebel Eleanor R
Bought by
Marchetti Nathaniel and Marchetti Michelle R
Seller's Agent
Joan Del Conte
Coldwell Banker Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$450,000
Sold Price
$426,000
Premium/Discount to List
-$24,000
-5.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$999,749
Avg. Annual Appreciation
11.68%
Original Mortgage
$383,400
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2006
Sold by
Knaebel Daniel J and Knaebel Eleanor R
Bought by
Knaebel Daniel J and Knaebel Eleanor R
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marchetti Nathaniel | $426,000 | The Title Company Of Jersey | |
| Knaebel Daniel J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marchetti Nathaniel | $548,250 | |
| Closed | Marchetti Nathaniel | $374,000 | |
| Closed | Marchetti Nathaniel | $383,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2014 12/16/14 | Sold | $426,000 | -5.3% | $580 / Sq Ft |
| 10/17/2014 10/17/14 | Pending | -- | -- | -- |
| 09/14/2014 09/14/14 | For Sale | $450,000 | 0.0% | $613 / Sq Ft |
| 08/06/2014 08/06/14 | Pending | -- | -- | -- |
| 07/07/2014 07/07/14 | For Sale | $450,000 | -- | $613 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,569 | $1,293,100 | $425,000 | $868,100 |
| 2023 | $3,098 | $425,000 | $425,000 | $0 |
| 2022 | $3,459 | $490,700 | $425,000 | $65,700 |
| 2021 | $3,175 | $490,700 | $425,000 | $65,700 |
| 2020 | $3,052 | $490,700 | $425,000 | $65,700 |
| 2019 | $3,013 | $490,700 | $425,000 | $65,700 |
| 2018 | $2,905 | $490,700 | $425,000 | $65,700 |
| 2017 | $2,876 | $490,700 | $425,000 | $65,700 |
| 2016 | $2,817 | $490,700 | $425,000 | $65,700 |
| 2015 | $3,169 | $636,400 | $585,000 | $51,400 |
| 2014 | $3,169 | $636,400 | $585,000 | $51,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2014
Chip Longo
Coldwell Banker Realty
(856) 616-7014
35 Total Sales
-
d
Buyer's Agent in 2014
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: 1003002228
APN: 03-00018-0000-00008
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.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 804 Cape Ave
- 304 Alexander Ave
- 601 Seagrove Ave
- 312 S Lake Dr
- 408 Princeton Ave
- 610 Sunset Blvd
- 101 Harvard Ave
- 201 Lighthouse Rd
- 119 Stevens St
- 717 Third Ave
- 306 Sixth Ave
- 605 Bayshore Rd
- 405 4th Ave
- 321 Sunset Blvd
- 401 Fourth Ave
- 326 4th Ave
- 287 Fifth Ave
- 221 Sunset Blvd
- 169 Stimpson Ln
- 241 Fifth Ave