NOT LISTED FOR SALE

725 Columbia Ave Cape May, NJ 08204

Estimated Value: $1,693,304 - $2,455,000

6 Beds
6 Baths
3,327 Sq Ft
$603/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $715,000 $215 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $11,755/month

181 Days on Market

Highlights

  • Porch
  • Dining Room
  • Wood Siding
  • Central Air

About This Home

As of September 2016

Charming 1875 Victorian Licensed B & B in Cape May. Features 6BRs/6.5Bths. A stain glass window in Living Room. This could be a wonderful opportunity. Needs updates, repairs, Has/had some moisture issues, maybe mold, mildew.

Last Agent to Sell the Property

Maria V. Mazzuckis

REALHome Services and Solutions, Inc. Listed on: 02/29/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,628

Year Built

  • Built in 1875

Lot Details

  • 5,489

Home Design

  • Wood Siding

Interior Spaces

  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 13 / 1066

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,628

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Estimated Year Built: 1875
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1875

Interior Features

  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Dining Room

Exterior Features

  • Exterior: Wood
  • Outside Features: Porch

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 13
  • Lot Size: 50X110
  • Total Assessment: 1228700
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 10628.26
  • Assessor Parcel Number: 02010660000000130000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2016
Sold by
Altisource Solutions Inc
Bought by
Beachfront Ventures Llc
Current Estimated Value
$2,005,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,179
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2015
Sold by
Kirk Archie L and Kirk Stephanie A
Bought by
Capital One N A

Purchase Details

Closed on
Jun 17, 2004
Sold by
Cogswell Corbin C and Cogswell Lynda W
Bought by
Kirk Archie L and Kirk Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1997
Sold by
Fritsch Thomas
Bought by
Cogswell Corbin and Cogswell Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
7.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1991
Sold by
Hooven Iii Theodore V and Hooven Catherine C
Bought by
Fritsch Thomas and Fritsch Joann

Purchase Details

Closed on
Nov 19, 1988
Sold by
Tiffany & Company
Bought by
Hooven Theodore and Hooven Catherine
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
Beachfront Ventures Llc $715,229 None Available
Capital One N A -- None Available
Kirk Archie L $1,150,000 Chicago Title Insurance Co
Cogswell Corbin $500,000 --
Fritsch Thomas $550,000 --
Hooven Theodore -- --
Hooven Theodore $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beachfront Ventures Llc $429,179
Previous Owner Kirk Archie L $920,000
Previous Owner Cogswell Corbin $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2016 09/27/16 Sold $715,000 -10.5% $215 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $799,000 -- $240 / 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 $12,987 $1,228,700 $697,600 $531,100
2024 $12,987 $1,228,700 $697,600 $531,100
2023 $13,196 $1,228,700 $697,600 $531,100
2022 $12,680 $1,228,700 $697,600 $531,100
2021 $12,508 $1,228,700 $697,600 $531,100
2020 $11,918 $1,228,700 $697,600 $531,100
2019 $12,127 $1,228,700 $697,600 $531,100
2018 $11,439 $1,228,700 $697,600 $531,100
2017 $10,862 $1,228,700 $697,600 $531,100
2016 $10,223 $1,228,700 $697,600 $531,100
2015 $10,628 $1,228,700 $697,600 $531,100
2014 $10,628 $1,228,700 $697,600 $531,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168748

Cape May County Association of REALTORS®

APN: 02-01066-0000-00013