NOT LISTED FOR SALE

518 Alexander Ave Cape May Point, NJ 08212

Estimated Value: $1,472,000 - $1,748,000

3 Beds
3 Baths
1,620 Sq Ft
$986/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $672,000 $415 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $9,127/month

153 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Air
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • Geothermal Heating and Cooling

About This Home

As of April 2017

Charm Abounds in this 3 Bedroom, 3 Full Bathroom Cottage! There is plenty of space for the entire family with an eat in kitchen, living room, full laundry room, office and family room! Features include, geothermal heat, central air, hardwood and tile flooring, vaulted ceilings, skylights and more! Recent upgrades include, newer window, doors and roof. The maintenance free exterior provides an enclosed outdoor shower, two storage sheds and three large new trek decks, all situated on a large 60x170 ft lot!

Last Agent to Sell the Property

Dorothy Phillips

BHHS Fox & Roach-109 34th St Ocean City License #TREND:60038711 Listed on: 09/30/2016

BHHS Fox & Roach-109 34th St Ocean City

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 1973

Lot Details

  • 10,200 Sq Ft Lot
  • Lot Dimensions are 60x170

Parking

  • 2 Open Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Geothermal Heating and Cooling

Community Details

  • No Home Owners Association
  • Cape May Point Subdivision

Listing and Financial Details

  • Tax Lot 00054
  • Assessor Parcel Number 03-00001-00054

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,048

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 8
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Net Sq Ft: 1620.00
  • Price Per Sq Ft: 474.69
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Geo-Thermal
  • Heating Type: Geothermal
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LOWER CAPE MAY REGIONAL SCHOOLS
  • School District Key: 300200396107

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 60X170
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10200.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4048.00
  • Assessor Parcel Number: 03-00001-00054
  • Tax Lot: 00054
  • Tax Year: 2016
  • Close Date: 04/13/2017

MLS Schools

  • School District Name: LOWER CAPE MAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Apr 7, 2017
Sold by
Kochell Martin and Sanfrancesco Megan
Bought by
Moller Jeffrey and Moller Rosemary
Seller's Agent
Dorothy Phillips
BHHS Fox & Roach-109 34th St Ocean City
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$769,000
Sold Price
$672,000
Premium/Discount to List
-$97,000
-12.61%
Current Estimated Value
$1,597,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,620
Avg. Annual Appreciation
10.89%
Original Mortgage
$537,600
Outstanding Balance
$449,511
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,148,109

Purchase Details

Closed on
Jun 14, 2004
Sold by
Kochell Robert and Kochell Sandra E
Bought by
Kochell Martin and Kochell Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Moller Jeffrey $67,200,000 None Available
Kochell Martin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moller Jeffrey $537,600
Previous Owner Kochell Robert $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $672,000 -12.6% $415 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $769,000 -- $475 / Sq Ft
Source: Bright MLS

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 $5,270 $712,200 $502,700 $209,500
2024 $5,270 $712,200 $502,700 $209,500
2023 $5,192 $712,200 $502,700 $209,500
2022 $5,014 $711,200 $502,700 $208,500
2021 $4,601 $711,200 $502,700 $208,500
2020 $4,424 $711,200 $502,700 $208,500
2019 $4,367 $711,200 $502,700 $208,500
2018 $4,210 $711,200 $502,700 $208,500
2017 $4,132 $705,200 $502,700 $202,500
2016 $4,048 $705,200 $502,700 $202,500
2015 $3,918 $786,800 $620,200 $166,600
2014 $3,869 $776,900 $620,200 $156,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dorothy Phillips

    BHHS Fox & Roach

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Map

Source: Bright MLS

MLS Number: 1002495922

Bright MLS

APN: 03-00001-0000-00054

New Jersey Cape May County Cape May Point 08204

518 Alexander Ave, Cape May Point, NJ

This home is located at 518 Alexander Ave, Cape May Point, NJ 08212 since 30 September 2016 and is currently estimated at $1,597,620, approximately $986 per square foot. This property was built in 1973. 518 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.

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