NOT LISTED FOR SALE

731 Reeves Ave Cape May, NJ 08204

Estimated Value: $425,000 - $567,000

2 Beds
1 Bath
891 Sq Ft
$551/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2015

Last sale price $150,000 $168 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $2,936 / mo

30 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Baseboard Heating
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of August 2015

The best way to describe the location of this home is quiet and peaceful!!! Located on a dead end street, one block from Jonathan Hoffman Road and the Canal, you'll fine this quaint 2 bedroom 1 bath home. Perfect size for a downsizing couple or first time buyer(s) who are looking for privacy but, also enjoys being close to everything! A brand new boiler was installed, in 2014, to operate the very efficient hot water/baseboard heat, to keep you warm during those winter months. If you like farm land being your rear neighbor, this home is for you!

Last Agent to Sell the Property

Joseph Fisher

HOMESTEAD REAL ESTATE CO. INC. Listed on: 06/22/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1968

Lot Details

  • 0.26

Home Design

  • Ranch Style House
  • Masonry Siding
  • Stucco

Interior Spaces

  • 891 Sq Ft Home
  • Window Treatments
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Outdoor Storage

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 744

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,480

Year Built

Built in 1968

Lot Details

0.26 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Near: canal, West Cape May
  • Also Includes: Window Treatments
  • Estimated Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Refrigerator, Stove Natural Gas
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Partial, Outside Entrance
  • Estimated Living Sq Ft: 891
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Stucco, Masonry Block
  • Frontage: 66
  • Outside Features: Storage Building, Cable TV

Utilities

  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 1
  • Lot Size: 66x170
  • Total Assessment: 168000
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 2480
  • Assessor Parcel Number: 05007440000000010000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2015
Closed on
Aug 21, 2015
Sold by
Bought by
Seller's Agent
Joseph Fisher
HOMESTEAD REAL ESTATE CO. INC.
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Current Estimated Value
$490,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,984
Avg. Annual Appreciation
11.54%
Original Mortgage
$135,000
Outstanding Balance
$103,681
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$387,303
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $135,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $150,000 -5.7% $168 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $159,000 -- $178 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,407 $168,000 $115,800 $52,200
2025 $3,407 $168,000 $115,800 $52,200
2024 $3,407 $168,000 $115,800 $52,200
2023 $3,358 $168,000 $115,800 $52,200
2022 $3,256 $168,000 $115,800 $52,200
2021 $3,158 $168,000 $115,800 $52,200
2020 $3,108 $168,000 $115,800 $52,200
2019 $3,031 $168,000 $115,800 $52,200
2018 $2,958 $168,000 $115,800 $52,200
2017 $2,962 $168,000 $115,800 $52,200
2016 $2,916 $168,000 $115,800 $52,200
2015 $2,572 $168,000 $115,800 $52,200
2014 $2,480 $168,000 $115,800 $52,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joseph Fisher

    HOMESTEAD REAL ESTATE CO. INC.

    (609) 780-1216

    18 Total Sales

    Joseph Fisher
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164759

Cape May County Association of REALTORS®

APN: 05-00744-0000-00001

New Jersey Cape May County Cape May 08204

731 Reeves Ave, Cape May, NJ

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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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