NOT LISTED FOR SALE

516 Pearl Ave Cape May Point, NJ 08212

Estimated Value: $1,144,000 - $1,668,000

2 Beds
1 Bath
600 Sq Ft
$2,259/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $625,000 $1,042 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $7,615/month

342 Days on Market

Highlights

  • Property is near a beach
  • Deck
  • Furnished
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Screened Porch

About This Home

As of September 2020

Easy to show. 10-2 on Saturday

Last Agent to Sell the Property

Barry Bruno

LONG & FOSTER REAL ESTATE, INC cm Listed on: 08/23/2019

LONG & FOSTER REAL ESTATE, INC cm

Last Buyer's Agent

Francis 'Frank' Wise

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,132

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 33 x 100
  • Building is beachfront but unit may not have water views
  • Interior Lot
  • Sprinkler System

Home Design

  • Cottage

Interior Spaces

  • 600 Sq Ft Home
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Screened Porch
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck
  • Patio

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,132

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Inside Lot
  • District Township: 03-Cape May Point
  • Near: Ocean
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1930
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 516
  • Lot Size2: 33 x 100
  • Price per Sq Ft: 1041.67
  • Selling Agent1: 5086
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 600
  • Other Rooms: Living Room, Kitchen, Dining Area

Exterior Features

  • Construction: Cottage
  • Exterior: Other
  • Frontage: 33
  • House Color: White
  • Outside Features: Patio, Deck, Porch, Screened Porch, Cable TV, Outside Shower, Sprinkler System

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4132
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 10, 2020
Sold by
Keen Gordon and Keen Janice
Bought by
Hursky Anna and De-Vassal Vladmir
Seller's Agent
Barry Bruno
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Francis 'Frank' Wise
deSatnick Real Estate LLC - Cape May
List Price
$705,000
Sold Price
$625,000
Premium/Discount to List
-$80,000
-11.35%
Current Estimated Value
$1,355,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$730,258
Avg. Annual Appreciation
16.53%

Purchase Details

Closed on
Feb 5, 2016
Sold by
Mastrilli Lynne
Bought by
Keen Gordon L and Keen Janice S

Purchase Details

Closed on
May 27, 2014
Sold by
Knoflicek Paul and Knoflicek Krista L
Bought by
Mastrilli Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,125
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2010
Sold by
Strine Krista L and Knoflicek Krista L
Bought by
Knoflicek Krista L and Knoflicek Paul
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hursky Anna $625,000 Misc Company
Keen Gordon L $605,000 None Available
Mastrilli Lynne $562,500 The Title Company Of Jersey
Knoflicek Krista L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mastrilli Lynne $478,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $625,000 -11.3% $1,042 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $705,000 -- $1,175 / 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 $5,165 $698,000 $622,200 $75,800
2024 $5,165 $698,000 $622,200 $75,800
2023 $5,088 $698,000 $622,200 $75,800
2022 $4,921 $698,000 $622,200 $75,800
2021 $4,341 $698,000 $622,200 $75,800
2020 $4,342 $698,000 $622,200 $75,800
2019 $4,286 $698,000 $622,200 $75,800
2018 $4,132 $698,000 $622,200 $75,800
2017 $4,090 $698,000 $622,200 $75,800
2016 $4,007 $698,000 $622,200 $75,800
2015 $4,263 $856,000 $812,000 $44,000
2014 $4,263 $856,000 $812,000 $44,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Barry Bruno

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 770-8357

    12 in this area

    23 Total Sales

    Barry Bruno
    Section Image

  • F

    Buyer's Agent in 2020

    Francis 'Frank' Wise

    deSatnick Real Estate LLC - Cape May

    (609) 884-1300

    2 in this area

    3 Total Sales

    Francis 'Frank' Wise
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189189

Cape May County Association of REALTORS®

APN: 03 00006-0000-00003- 01

New Jersey Cape May County Cape May Point 08204

516 Pearl Ave, Cape May Point, NJ

This home is located at 516 Pearl Ave, Cape May Point, NJ 08212 since 23 August 2019 and is currently estimated at $1,355,258, approximately $2,258 per square foot. This property was built in 1930. 516 Pearl 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.

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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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