NOT LISTED FOR SALE

506 Indian Ave Cape May, NJ 08204

Estimated Value: $598,000 - $857,000

3 Beds
2 Baths
1,216 Sq Ft
$605/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $280,000 $230 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $4,328/month

5 Days on Market

Highlights

  • Property near a bay
  • Wood Flooring
  • Fenced Yard
  • Ranch Style House
  • Den
  • Porch

About This Home

As of April 2019

Seller is a licensed NJ Realtor

Last Agent to Sell the Property

Christina Cavalier

FARRELL REALTY Listed on: 03/06/2019

Last Buyer's Agent

Edward Mahaney Jr

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 62 x 125
  • Fenced Yard
  • Interior Lot

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Den
  • Storage
  • Laundry closet
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Property near a bay
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 9 / 643

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,390

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1966
  • Bay Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 506
  • Lot Size2: 62 x 125
  • Price per Sq Ft: 230.26
  • Selling Agent1: 1346
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Appliances Included: Range, Oven, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Storage, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1216
  • Other Rooms: Living Room, Den/TV Room, Eat-In-Kitchen, Storage Attic, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos
  • House Color: Yellow
  • Outside Features: Porch, Fenced Yard, Sidewalks

Garage/Parking

  • Parking Garage: 3 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 9
  • Lot Size: 6001-10000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 3389.93
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
Apr 12, 2019
Sold by
Selig Leah
Bought by
Tilton Patricia A
Seller's Agent
Christina Cavalier
FARRELL REALTY
Buyer's Agent
Edward Mahaney Jr
COASTLINE REALTY, LLC
List Price
$274,900
Sold Price
$280,000
Premium/Discount to List
$5,100
1.86%
Current Estimated Value
$735,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,906
Avg. Annual Appreciation
16.72%
Original Mortgage
$60,000
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 22, 2011
Sold by
Josephson Steven and Selig Leah
Bought by
Selig Leah

Purchase Details

Closed on
Jun 21, 1996
Sold by
Mcnamara John
Bought by
Felsing Dennis and Felsing Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.21%
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
Tilton Patricia A $280,000 Title Company Of Jersey
Selig Leah -- None Available
Felsing Dennis $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tilton Patricia A $190,400
Closed Tilton Patricia A $190,400
Closed Tilton Patricia A $170,000
Closed Tilton Patricia A $60,000
Previous Owner Josephson Steven $142,353
Previous Owner Felsing Dennis $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $280,000 +1.9% $230 / Sq Ft
03/06/2019 03/06/19 For Sale $274,900 -- $226 / 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 $4,883 $261,800 $117,300 $144,500
2024 $4,883 $240,800 $117,300 $123,500
2023 $4,814 $240,800 $117,300 $123,500
2022 $4,667 $240,800 $117,300 $123,500
2021 $4,527 $240,800 $117,300 $123,500
2020 $3,561 $192,500 $117,300 $75,200
2019 $3,473 $192,500 $117,300 $75,200
2018 $3,390 $192,500 $117,300 $75,200
2017 $3,394 $192,500 $117,300 $75,200
2016 $3,342 $192,500 $117,300 $75,200
2015 $3,234 $192,500 $117,300 $75,200
2014 $3,128 $192,500 $117,300 $75,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christina Cavalier

    FARRELL REALTY

  • E

    Buyer's Agent in 2019

    Edward Mahaney Jr

    COASTLINE REALTY, LLC

    (609) 425-1774

    8 in this area

    15 Total Sales

    Edward Mahaney Jr
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186517

Cape May County Association of REALTORS®

APN: 05-00643-0000-00009

New Jersey Cape May County Cape May 08204

506 Indian Ave, Cape May, NJ

This home is located at 506 Indian Ave, Cape May, NJ 08204 since 06 March 2019 and is currently estimated at $735,906, approximately $605 per square foot. This property was built in 1966. 506 Indian Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams 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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