NOT LISTED FOR SALE

740 Maple Ave Cape May, NJ 08204

Estimated Value: $1,581,000 - $2,017,000

4 Beds
3 Baths
2,159 Sq Ft
$824/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $1,495,000 $692 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,272/month

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Wood Flooring
  • West Cape May Elementary School Rated A
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of June 2023

This home is located at 740 Maple Ave, Cape May, NJ 08204 since 14 May 2023 and is currently estimated at $1,778,186, approximately $823 per square foot. This property was built in 2019. 740 Maple 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

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499 Listed on: 05/14/2023

Last Buyer's Agent

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499 Listed on: 05/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,440

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 50 x100
  • Sprinkler System
  • Cleared Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,159 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Storage
  • Wood Flooring
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 3 Car Garage
  • Stone Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 34.01 / 21.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,440

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot
  • District Township: 12-West Cape May
  • Near: Town and Beaches
  • Also Includes: Curtains, Blinds, Partial Furniture, Window Treatments
  • Estimated Year Built: 2019
  • New Construction: No
  • Second Address Number: 740
  • Lot Size2: 50 x100
  • Price per Sq Ft: 692.45
  • Selling Agent1: 123
  • Selling Office1: 846
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, 1778
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, 1763
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 12
  • Basement: Crawl Space, Inside Entrance, Masonry Floors/Wall
  • Estimated Living Sq Ft: 2159
  • Other Rooms: Living Room, Kitchen, Dining Area, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story, Contemporary
  • Frontage: 50
  • Outside Features: Patio, Enclosed/Covered Patio, Storage Building, Cable TV, Outside Shower, In Ground Pool, Sprinkler System, 1767

Garage/Parking

  • Parking Garage: 3 Car, Stone Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 34.01
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 9440
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Jun 15, 2023
Sold by
Lori E Iwan Trust
Bought by
Sehdev Harish Mohan and Wallace Karen Ruth
Seller's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
Buyer's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
List Price
$1,495,000
Sold Price
$1,495,000
Views
25
Current Estimated Value
$1,778,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,186
Avg. Annual Appreciation
7.76%
Original Mortgage
$1,196,000
Outstanding Balance
$1,163,785
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$614,401

Purchase Details

Listed on
Aug 20, 2019
Closed on
Jun 3, 2020
Sold by
L A Pray Builder Inc
Bought by
Lori E Iwan Ret
Seller's Agent
Dolores Lanzalotti
JERSEY CAPE REALTY
Buyer's Agent
Kim Russell
CAPE RESORTS REALTY
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.38%
Original Mortgage
$400,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2000
Sold by
Harris Nancy Anne
Bought by
Hewitt Trevor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1989
Sold by
Harris Nancy A
Bought by
Harris Nancy A

Purchase Details

Closed on
Jun 7, 1989
Sold by
Harrisest Of Mary B Hariston Exec
Bought by
Harris Nancy Anne

Purchase Details

Closed on
Jul 6, 1988
Sold by
Hairston,B Harris M and Hairstonb Exec
Bought by
Harris Nancy and Harris Paul
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
Sehdev Harish Mohan $1,495,000 Dune Abstract
Lori E Iwan Ret $750,000 Misc Company
Hewitt Trevor L $155,000 --
Harris Nancy A $9,500 --
Harris Nancy Anne -- --
Harris Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sehdev Harish Mohan $1,196,000
Previous Owner Lori E Iwan Ret $400,000
Previous Owner Hewitt Trevor L $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $1,495,000 0.0% $692 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $1,495,000 +99.3% $692 / Sq Ft
06/03/2020 06/03/20 Sold $750,000 -6.2% $512 / Sq Ft View Prior Sale
05/07/2020 05/07/20 Pending -- -- --
08/20/2019 08/20/19 For Sale $799,900 +25.0% $546 / Sq Ft
03/15/2019 03/15/19 Sold $640,000 -8.4% $301 / Sq Ft View Prior Sale
01/17/2019 01/17/19 Pending -- -- --
05/26/2018 05/26/18 For Sale $699,000 -- $329 / 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 $10,478 $696,700 $210,000 $486,700
2024 $10,478 $696,700 $210,000 $486,700
2023 $10,597 $696,700 $210,000 $486,700
2022 $9,440 $696,700 $210,000 $486,700
2021 $8,918 $696,700 $210,000 $486,700
2020 $2,770 $210,000 $210,000 $0
2019 $0 $431,400 $244,800 $186,600
2018 $1,411 $431,400 $244,800 $186,600
2017 $5,272 $431,400 $244,800 $186,600
2016 $5,272 $431,400 $244,800 $186,600
2015 $4,957 $431,400 $244,800 $186,600
2014 $4,957 $431,400 $244,800 $186,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 231272

Cape May County Association of REALTORS®

APN: 12-00021-0000-00034