NOT LISTED FOR SALE

611 Second Ave West Cape May, NJ 08204

Estimated Value: $1,652,368 - $1,943,000

1.15 Acres
$1,580,950 Price per Acre
50,094 Sq Ft Lot

Sale Details

Date Sold: October 8, 2018

Last sale price $315,000

Est. 477% increase in value since last sale

Current estimated payment $10,854 / mo

432 Days on Market

Highlights

  • Island Location
  • West Cape May Elementary School Rated A+
  • Interior Lot

About This Lot

As of October 2018

Build your dream home on the Island of Cape May. All approvals and any variance needed to build is the responsibility of the buyer.

Last Agent to Sell the Property

Maureen Harris

CENTURY 21 GILMARTIN & CO License #9911197 Listed on: 07/03/2017

CENTURY 21 GILMARTIN & CO

Last Buyer's Agent

Holly O'Donnell

COASTLINE REALTY, LLC License #1435745

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,147

Lot Details

  • Lot Dimensions are 50x160
  • Interior Lot

Location

  • Island Location

Listing and Financial Details

  • Legal Lot and Block 12 / 68

Property Details

Property Type

Land

Est. Annual Taxes

$2,147

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Inside Lot, Island
  • District Township: 12-West Cape May
  • Lot Size2: 50x160
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 50

Lot Info

  • Lot Number: 12
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res
  • Improvements: Other (See Remarks)

Tax Info

  • Taxes: 2147.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Oct 5, 2018
Sold by
Gleeson David
Bought by
Logan Virginia A and Petrille 3Rd Joseph
Seller's Agent
Maureen Harris
CENTURY 21 GILMARTIN & CO
Buyer's Agent
Holly O'Donnell
COASTLINE REALTY, LLC
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$1,818,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,503,092
Avg. Annual Appreciation
26.33%
Original Mortgage
$492,000
Outstanding Balance
$429,053
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,389,039

Purchase Details

Closed on
Oct 9, 2015
Sold by
Feraco William J and Feraco Bonnie J
Bought by
Gleeson David

Purchase Details

Closed on
Aug 8, 2008
Sold by
Sperlak Valerie
Bought by
Feraco William J and Feraco Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Logan Virginia A $315,000 --
Gleeson David $452,000 The Title Company Of Jersey
Feraco William J $300,000 Regional Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Virginia A $492,000
Previous Owner Feraco William J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2018 10/08/18 Sold $315,000 -4.3% --
09/08/2018 09/08/18 Pending -- -- --
07/03/2017 07/03/17 For Sale $329,000 -- --
Source: Cape May County Association of REALTORS®

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 $12,757 $848,200 $276,400 $571,800
2024 $12,757 $848,200 $276,400 $571,800
2023 $12,901 $848,200 $276,400 $571,800
2022 $11,493 $848,200 $276,400 $571,800
2021 $10,857 $848,200 $276,400 $571,800
2020 $11,188 $848,200 $276,400 $571,800
2019 $3,466 $276,400 $276,400 $0
2018 $2,223 $175,700 $163,900 $11,800
2017 $2,147 $175,700 $163,900 $11,800
2016 $2,147 $175,700 $163,900 $11,800
2015 $2,019 $175,700 $163,900 $11,800
2014 $2,019 $175,700 $163,900 $11,800
Source: Public Records

Agents Affiliated with this Home

  • Maureen Harris

    Seller's Agent in 2018

    Maureen Harris

    CENTURY 21 GILMARTIN & CO

    (856) 625-5046

    11 in this area

    19 Total Sales

    Maureen Harris
    Section Image
  • Holly O'Donnell

    Buyer's Agent in 2018

    Holly O'Donnell

    COASTLINE REALTY, LLC

    (609) 846-4819

    14 in this area

    30 Total Sales

    Holly O'Donnell
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177068

Cape May County Association of REALTORS®

APN: 12-00068-0000-00012

New Jersey Cape May County West Cape May 08204

611 Second Ave, West Cape May, NJ

Not Listed for Sale

Lots

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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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