NOT LISTED FOR SALE

709 Foster Ave Cape May, NJ 08204

Estimated Value: $946,201 - $1,110,000

4 Beds
2 Baths
2,500 Sq Ft
$409/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $825,000 $330 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,025/month

9 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Enclosed Patio or Porch
  • Deck
  • Den
  • Eat-In Kitchen

About This Home

As of July 2022

The land across the back that joins the Canal is owned by the Army Corp of Engineers and is leased to the owner for $600. per 5 year contract, which was just renewed 2022. Seller has a service contract with Western Pest for annual termite inspection. Note: Seller states the tax records square footage of 864 is for each level of the home. Buyer responsible to confirm square footage. Home is being sold in as-is condition.

Last Agent to Sell the Property

Marion Rowland

RE/MAX SURFSIDE License #8540361 Listed on: 05/24/2022

RE/MAX SURFSIDE

Last Buyer's Agent

Michael Gleeson

Coldwell Banker Sol Needles Real Estate

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,503

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 70 x 100
  • Waterfront
  • Wooded Lot

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Asbestos Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Bar
  • Living Room
  • Dining Area
  • Den
  • Water Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 747.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,503

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Wooded Lot, Water Front, Water View
  • District Township: 05-Lower Township
  • Near: CANAL FRONT
  • Estimated Year Built: 1973
  • New Construction: No
  • Second Address Number: 709
  • Lot Size2: 70 x 100
  • Price per Sq Ft: 330
  • Selling Agent1: 3665
  • Selling Office1: 72
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Bar, Smoke/Fire Alarm, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Full, Finished, Outside Entrance, Inside Entrance, Masonry Floors/Wall
  • Estimated Living Sq Ft: 2500
  • Other Rooms: Living Room, Den/TV Room, Eat-In-Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Bi-Level
  • Exterior: Asbestos, Brick, Shingle
  • Frontage: 70
  • House Color: Brown
  • Outside Features: Deck, Enclosed/Covered Patio, Grill, Storage Building, Outside Shower

Garage/Parking

  • Parking Garage: 3 Car, Concrete Driveway

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 4
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 345900
  • Zoning: Resid

Tax Info

  • Taxes: 6503
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 1, 2022
Sold by
Linn Beverly J
Bought by
Kgiii Realty Llc
Seller's Agent
Marion Rowland
RE/MAX SURFSIDE
Buyer's Agent
Michael Gleeson
Coldwell Banker Sol Needles Real Estate
List Price
$899,900
Sold Price
$825,000
Premium/Discount to List
-$74,900
-8.32%
Current Estimated Value
$1,022,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,050
Avg. Annual Appreciation
6.77%
Original Mortgage
$400,000
Outstanding Balance
$380,587
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$641,463

Purchase Details

Closed on
Aug 8, 1997
Sold by
Linn Patrick G
Bought by
Linn Beverly J

Purchase Details

Closed on
Feb 25, 1992
Sold by
Linn F William Decd
Bought by
Linn,F William Trust B Linn Trus
Source: Public Records

Range of Values:

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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
Kgiii Realty Llc $825,000 Infinity Title
Linn Beverly J $166,500 --
Linn,F William Trust B Linn Trus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kgiii Realty Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $825,000 -8.3% $330 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $899,900 -- $360 / 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 $7,015 $345,900 $242,600 $103,300
2024 $7,015 $345,900 $242,600 $103,300
2023 $6,915 $345,900 $242,600 $103,300
2022 $6,704 $345,900 $242,600 $103,300
2021 $6,057 $345,900 $242,600 $103,300
2020 $6,399 $345,900 $242,600 $103,300
2019 $6,240 $345,900 $242,600 $103,300
2018 $6,091 $345,900 $242,600 $103,300
2017 $6,098 $345,900 $242,600 $103,300
2016 $6,005 $345,900 $242,600 $103,300
2015 $5,811 $345,900 $242,600 $103,300
2014 $5,621 $345,900 $242,600 $103,300
Source: Public Records

Agents Affiliated with this Home

  • Marion Rowland

    Seller's Agent in 2022

    Marion Rowland

    RE/MAX SURFSIDE

    (609) 425-9550

    2 in this area

    66 Total Sales

    Marion Rowland
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Gleeson

    Coldwell Banker Sol Needles Real Estate

    (609) 408-8008

    4 in this area

    7 Total Sales

    Michael Gleeson
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221644

Cape May County Association of REALTORS®

APN: 05-00747-03-00004

New Jersey Cape May County Cape May 08204

709 Foster Ave, Cape May, NJ

This home is located at 709 Foster Ave, Cape May, NJ 08204 since 24 May 2022 and is currently estimated at $1,022,050, approximately $408 per square foot. This property was built in 1973. 709 Foster 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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