NOT LISTED FOR SALE

504 Philadelphia Ave Cape May, NJ 08204

Estimated Value: $1,228,000 - $1,556,000

3 Beds
2 Baths
1,450 Sq Ft
$954/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $765,000 $528 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,822/month

30 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Skylights
  • Ranch Style House
  • Furnished
  • Outdoor Shower

About This Home

As of December 2016

Living Water, a fabulous light filled, airy, renewing Beach Cottage is reluctantly on the market. This home has been totally updated and amazingly maintained. Brazilian hardwood floors throughout except where there is custom ceramic tile. Custom window shutters, leaded glass exterior doors, Andersen Windows, Gourmet kitchen with dual fuel range, granite countertops and operable skylight. Tons of storage and really great mudroom for after beach drop off. Comes beautifully (and expensively) furnished and ready to use right now. Third bedroom has pocket doors for dual use. Two major architect designed renovations in 2004 and 2009 with high end finishes and it looks like no one has used it since! But....rental for two seasons with great history, so a possibility if you can tear yourself away to earn some great income. Easy to show but by appointment only. Agent must accompany. Open house 10-30 - 11 to 2

Last Agent to Sell the Property

Kim Russell

CAPE RESORTS REALTY Listed on: 10/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,264

Lot Details

  • 6,316

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • Furnished
  • Skylights
  • Blinds
  • Drapes & Rods
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 20 / 1106

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,264

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Also Includes: Curtains, Blinds, Furniture, Window Treatments
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Kitchen Center Island, Skylight, Smoke/Fire Alarm
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1450

Exterior Features

  • Construction: Ranch, Cottage
  • Exterior: Vinyl
  • House Color: Yellow
  • Outside Features: Deck, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City, Public
  • Water: Public

Lot Info

  • Lot Number: 20
  • Lot Size: 63x100
  • Zoning: R-1
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: > 4264.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 30, 2016
Sold by
Richard H Elliott
Bought by
Pavelko Richard
Seller's Agent
Kim Russell
CAPE RESORTS REALTY
List Price
$775,000
Sold Price
$765,000
Premium/Discount to List
-$10,000
-1.29%
Current Estimated Value
$1,383,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,411
Avg. Annual Appreciation
6.87%
Original Mortgage
$417,000
Interest Rate
4.32%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Connolly Ruth B
Bought by
Elliott Richard H and Elliott Jane R M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.73%

Purchase Details

Closed on
Oct 31, 1989
Sold by
Dunlop Kenneth
Bought by
Connolly Ruth
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
Pavelko Richard -- --
Elliott Richard H $339,000 --
Connolly Ruth $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavelko Richard $391,000
Closed Pavelko Richard $417,000
Closed Pavelko Richard --
Closed Pavelko Richard $417,000
Previous Owner Elliott Richard H $300,000
Previous Owner Elliott Richard H $266,339
Previous Owner Elliott Richard H $275,000
Previous Owner Elliott Richard H $100,000
Previous Owner Elliott Richard H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $765,000 -1.3% $528 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $775,000 -- $534 / 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 $5,418 $512,600 $376,700 $135,900
2024 $5,418 $512,600 $376,700 $135,900
2023 $5,505 $512,600 $376,700 $135,900
2022 $5,290 $512,600 $376,700 $135,900
2021 $5,218 $512,600 $376,700 $135,900
2020 $4,972 $512,600 $376,700 $135,900
2019 $5,059 $512,600 $376,700 $135,900
2018 $4,772 $512,600 $376,700 $135,900
2017 $4,531 $512,600 $376,700 $135,900
2016 $4,265 $512,600 $376,700 $135,900
2015 $4,434 $512,600 $376,700 $135,900
2014 $4,434 $512,600 $376,700 $135,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kim Russell

    CAPE RESORTS REALTY

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 173124

Cape May County Association of REALTORS®

APN: 02-01106-0000-00020

New Jersey Cape May County Cape May 08204

504 Philadelphia Ave, Cape May, NJ

This home is located at 504 Philadelphia Ave, Cape May, NJ 08204 since 28 October 2016 and is currently estimated at $1,383,411, approximately $954 per square foot. 504 Philadelphia Ave is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

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.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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