NOT LISTED FOR SALE

Estimated Value: $1,174,598

3 Beds
1 Bath
1,055 Sq Ft
$1,113/Sq Ft Est. Value

Sale Details

Date Sold: September 17, 2021

Last sale price $750,000 $711 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,770 / mo

69 Days on Market

Highlights

  • Island Location
  • Sun or Florida Room
  • Eat-In Kitchen
  • Ranch Style House
  • Corner Lot
  • Living Room

About This Home

As of September 2021

This home is located at 513 Cape Ave, Cape May Point, NJ 08212 since 12 June 2021 and is currently priced at $1,174,598, approximately $1,113 per square foot. This property was built in 1920. 513 Cape Ave is a home located in Cape May County.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 06/12/2021

Co-Listed By

Tai Menz

COASTLINE REALTY, LLC

Last Buyer's Agent

Christina P. Clemans, ABR, CRS, GRI

Tim Kerr Sotheby's International Realty

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,209

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50 x 120
  • Corner Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,055 Sq Ft Home
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Sun or Florida Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,209

Year Built

Built in 1920

Lot Details

1.15 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Corner, Island
  • District Township: 03-Cape May Point
  • Near: the circle
  • Also Includes: Window Treatments
  • Estimated Year Built: 1920
  • New Construction: No
  • Listing Office2: 20
  • Lot Size2: 50 x 120
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Disposal
  • Interior Amenities: Fireplace- Wood, Laminate Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1055
  • Other Rooms: Living Room, Eat-In-Kitchen, Florida Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: white
  • Outside Features: Storage Building, Outside Shower

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric, Baseboard, Space/Wall/Floor
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 1 to 6000 SqFt
  • Zoning: r

Tax Info

  • Taxes: 3208.9
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Sep 17, 2021
Sold by
Bought by
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Christina P. Clemans, ABR, CRS, GRI
Tim Kerr Sotheby's International Realty
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Current Estimated Value
$1,174,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,598
Avg. Annual Appreciation
9.63%
Original Mortgage
$500,000
Outstanding Balance
$445,943
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$728,655

Purchase Details

Closed on
Feb 22, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 Title Company Of Jersey
$370,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $750,000 -11.8% $711 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $850,000 -- $806 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,844 $519,500 $433,000 $86,500
2025 $3,844 $519,500 $433,000 $86,500
2024 $3,844 $519,500 $433,000 $86,500
2023 $3,787 $519,500 $433,000 $86,500
2022 $3,662 $519,500 $433,000 $86,500
2021 $2,471 $515,900 $433,000 $82,900
2020 $3,209 $515,900 $433,000 $82,900
2019 $3,168 $515,900 $433,000 $82,900
2018 $3,054 $515,900 $433,000 $82,900
2017 $3,023 $515,900 $433,000 $82,900
2016 $2,961 $515,900 $433,000 $82,900
2015 $3,297 $662,100 $593,800 $68,300
2014 $3,278 $658,200 $593,800 $64,400
Source: Public Records

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 212128

Cape May County Association of REALTORS®

APN: 03-00023-0000-00001

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