NOT LISTED FOR SALE

714 Foster Ave Cape May, NJ 08204

Estimated Value: $715,456 - $954,000

3 Beds
2 Baths
1,612 Sq Ft
$534/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $355,000 $220 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $5,194/month

45 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Contemporary Architecture
  • Cathedral Ceiling
  • Fenced Yard

About This Home

As of May 2018

This home is located at 714 Foster Ave, Cape May, NJ 08204 since 26 February 2018 and is currently estimated at $861,364, approximately $534 per square foot. This property was built in 1989. 714 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.

Last Agent to Sell the Property

Vickie Banks

JERSEY CAPE REALTY Listed on: 02/26/2018

Last Buyer's Agent

Mary Moore

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1989

Lot Details

  • Fenced Yard
  • Interior Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Storage
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 28 / 747

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,319

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Wooded Lot
  • District Township: 05-Lower Township
  • Near: Canal
  • Also Includes: Curtains
  • Estimated Year Built: 1989
  • New Construction: No
  • Second Address Number: 714
  • Lot Size2: 115x71 Irr
  • Selling Agent1: 1829
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Skylight, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Frontage: 115
  • House Color: White
  • Outside Features: Deck, Porch, Fenced Yard, Storage Building

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener, Stone Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 28
  • Lot Size: 6001-10000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 5318.97
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
May 17, 2018
Sold by
Banks Vickie L
Bought by
Medvecky Thomas and Medvecky Kelsey
Seller's Agent
Vickie Banks
JERSEY CAPE REALTY
Buyer's Agent
Mary Moore
COASTLINE REALTY, LLC
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%
Current Estimated Value
$861,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,364
Avg. Annual Appreciation
12.99%
Original Mortgage
$343,151
Interest Rate
4.55%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2013
Sold by
Banks Vickie L and Banks Donald
Bought by
Banks Vickie L and Banks Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2013
Sold by
Banks Donald B and Banks Vickie L
Bought by
Banks Vickie L

Purchase Details

Closed on
Apr 9, 2004
Sold by
Hemple Frank and Hemple Agnes
Bought by
Banks Donald B and Banks Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1989
Sold by
Baines Edmond and Baines Mary
Bought by
Hemple Frank and Hemple Agnes
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
Medvecky Thomas $355,000 --
Banks Vickie L -- None Available
Banks Vickie L -- None Available
Banks Donald B $350,000 --
Hemple Frank $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medvecky Thomas $336,354
Closed Medvecky Thomas $343,151
Previous Owner Banks Vickie L $264,000
Previous Owner Banks Vickie L $130,000
Previous Owner Banks Donald B $150,000
Previous Owner Banks Donald B $150,000
Previous Owner Banks Donald B $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $355,000 -11.0% $220 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $399,000 -- $248 / 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 $6,118 $301,700 $172,100 $129,600
2024 $6,118 $301,700 $172,100 $129,600
2023 $6,031 $301,700 $172,100 $129,600
2022 $5,847 $301,700 $172,100 $129,600
2021 $5,672 $301,700 $172,100 $129,600
2020 $5,581 $301,700 $172,100 $129,600
2019 $5,443 $301,700 $172,100 $129,600
2018 $5,313 $301,700 $172,100 $129,600
2017 $5,319 $301,700 $172,100 $129,600
2016 $5,238 $301,700 $172,100 $129,600
2015 $5,069 $301,700 $172,100 $129,600
2014 $4,903 $301,700 $172,100 $129,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180721

Cape May County Association of REALTORS®

APN: 05-00747-02-00028