NOT LISTED FOR SALE

700 Third Ave Cape May, NJ 08204

Estimated Value: $1,539,382

7 Beds
2 Baths
3,205 Sq Ft
$480/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2022

Last sale price $1,175,000 $367 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,645 / mo

36 Days on Market

Highlights

  • Island Location
  • Colonial Architecture
  • Corner Lot
  • West Cape May Elementary School Rated A+
  • Deck
  • 1.5 Car Attached Garage

About This Home

As of May 2022

This home is located at 700 Third Ave, Cape May, NJ 08204 since 27 December 2021 and is currently estimated at $1,539,382, approximately $480 per square foot. This property was built in 1970. 700 Third Ave is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 12/27/2021

Last Buyer's Agent

Judith Buck

Tim Kerr Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,473

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 120 x 160
  • Corner Lot
  • Cleared Lot
  • Property is zoned R4

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 3,205 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1.5 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 68

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,473

Year Built

Built in 1970

Lot Details

2.76 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Corner, Island
  • District Township: 12-West Cape May
  • Near: Nature
  • Estimated Year Built: 1970
  • New Construction: No
  • Lot Size2: 120 x 160
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Included: Range, Microwave Oven, Dishwasher, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Wall to Wall Carpet, Laminate Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 7
  • Total Rooms: 14
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 3205
  • Other Rooms: Living Room, Dining Room, Eat-In-Kitchen, In-Law Quarters, Laundry Closet

Exterior Features

  • Construction: Two Story, Colonial
  • Exterior: Vinyl
  • Frontage: 120
  • Outside Features: Patio, Deck, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 7
  • Lot Size: 10000-20000 SqFt
  • Zoning: R4

Tax Info

  • Taxes: 8473.26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
May 20, 2022
Sold by
Lamey Sr Robert E
Bought by
Ehntholt Mikel S and Bates-Krakoff Justine
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Judith Buck
Tim Kerr Sotheby's International Realty
List Price
$1,349,999
Sold Price
$1,175,000
Premium/Discount to List
-$174,999
-12.96%
Current Estimated Value
$1,539,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,382
Avg. Annual Appreciation
7.10%
Original Mortgage
$999,999
Outstanding Balance
$947,818
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$591,564
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ehntholt Mikel S $1,175,000 Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehntholt Mikel S $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $1,175,000 -13.0% $367 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $1,349,999 -- $421 / Sq Ft
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 -- $642,400 $338,800 $303,600
2024 -- $642,400 $338,800 $303,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214467

Cape May County Association of REALTORS®

APN: 12-00068-0000-00007

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