NOT LISTED FOR SALE

509 Alexander Ave Cape May Point, NJ 08212

Estimated Value: $1,976,000 - $2,845,000

4 Beds
3 Baths
2,344 Sq Ft
$959/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $1,150,000 $491 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $13,018/month

31 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Screened Porch
  • Island Location
  • Main Floor Primary Bedroom
  • Cottage

About This Home

As of June 2018

This home is located at 509 Alexander Ave, Cape May Point, NJ 08212 since 03 April 2018 and is currently estimated at $2,247,767, approximately $958 per square foot. This property was built in 2018. 509 Alexander 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.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 04/03/2018

Last Buyer's Agent

Starr Taylor

LONG & FOSTER REAL ESTATE, INC cm

LONG & FOSTER REAL ESTATE, INC cm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Interior Lot
  • Sprinkler System
  • Cleared Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2,344 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Den
  • Screened Porch
  • Storage In Attic

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Garage
  • Stone Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 17.01 / 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,284

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Inside Lot, Island
  • District Township: 03-Cape May Point
  • Near: Sunken ship
  • Estimated Year Built: 2018
  • New Construction: Yes
  • Second Address Number: 509
  • Lot Size2: 50 x 128 I
  • Price per Sq Ft: 490.61
  • Selling Agent1: 1384
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2018

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 12
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2344
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, Cottage
  • Exterior: Shingle, Vinyl
  • Frontage: 50
  • Outside Features: Porch, Screened Porch, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, 3 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 17.01
  • Lot Size: 6001-10000 SqFt
  • Zoning: r

Tax Info

  • Taxes: 5284
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 14, 2018
Sold by
Cmw Assoc Llc
Bought by
Kley William J and Kley Stacey S
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Starr Taylor
LONG & FOSTER REAL ESTATE, INC cm
List Price
$1,175,000
Sold Price
$1,150,000
Premium/Discount to List
-$25,000
-2.13%
Current Estimated Value
$2,237,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,087,087
Avg. Annual Appreciation
9.01%
Original Mortgage
$700,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
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
Kley William J $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kley William J $688,000
Previous Owner Kley William J $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $1,150,000 -2.1% $491 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $1,175,000 -- $501 / 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
2024 $7,955 $1,075,000 $431,000 $644,000
2023 $7,837 $1,075,000 $431,000 $644,000
2022 $7,579 $1,075,000 $431,000 $644,000
2021 $6,955 $1,075,000 $431,000 $644,000
2020 $6,687 $1,075,000 $431,000 $644,000
2019 $6,601 $1,075,000 $431,000 $644,000
2018 $2,552 $431,000 $431,000 $0
2017 $2,526 $431,000 $431,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 181193

Cape May County Association of REALTORS®

APN: 03 00017-0000-00017- 01