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1313 Idaho Avenue

1313 Idaho Avenue, Cape May, NJ 08204
Property in Cape May
Sold Apr 15, 2015
$650,000
$520,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2045
Sold Aug 06, 2001
$390,000
1313 Idaho Avenue in Cape May, NJ was first built in 2017 and is 7 years old. This has been categorized as a residential property type. 1313 Idaho Avenue has 2,847 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 7,501 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1313 Idaho Avenue sold most recently in Mar 24, 2015 for a total of $650,000. If you work out the math, that's approximately a cost of $228.31 per sqft. Before that, the property was also sold for $390,000 in Jul 27, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,932 in taxes each year. 1313 Idaho Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,297,200. If we break it down further, the land itself was valued at $446,000. Improvements to the property, however, were assessed at a total of $851,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,847
  • Building Area: 2,847
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,847
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: L15

Ownership

  • Current Owner : ABATE JOHN F
  • Current Owner 2: ABATE CHERYL J
  • Previous Owner : LINDE J ERIC
  • Previous Owner 2: LINDE SHIRLEY SHELLENBERGER
  • Owner Before Previous Owner: KEARNEY GAIL SIMON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cape May City School District
  • Census Tract: 022000

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 43
  • Account Number: 2945
  • District: 02
  • Parcel: 02 01150-0000-00014
  • Block: 1150
  • Lot: 14
  • Municipality: CAPE MAY CITY
  • Latitude: 38.9383
  • Longitude: -74.9037

    Address

  • Full Address: 1313 Idaho Ave
  • Address - House Number: 1313
  • Address - Street Name: Idaho
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C008
  • 4-Digit Zip Code: 2727
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,932

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 2,466,953
  • High Value: 3,099,566
  • Low Value: 1,834,340

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $863,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 15, 2015
  • First Open Lien Mortgage Loan Amount: $520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2045
  • Second Open Lien Mortgage Lender: PLAINS COMMERCE BANK
  • Second Open Lien Mortgage Recording Date: Apr 08, 2021
  • Second Open Lien Mortgage Loan Amount: $343,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $1,926,344
  • Market Land Value: $662,311
  • Market Improvement Value: $1,264,033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,297,200
  • Assessed Land Value: $446,000
  • Assessed Improvements Value: $851,200

    Sales

  • Current Sale Contract Date: Mar 24, 2015
  • Current Sale Recording Date: Apr 15, 2015
  • Current Sale Transaction ID: 1211571088
  • Current Sale Price: $650,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0251
  • Previous Sale Recording Date: Aug 06, 2001
  • Previous Sale Contract Date: Jul 27, 2001
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 15, 2015
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2045

About Cape May



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Frequently Asked Questions

What neighborhood is 1313 Idaho Avenue located in?
The 1313 Idaho Avenue is a located in the neighborhood of Cape May in Cape May, Cape May.
What is the average sales price for listings in 1313 Idaho Avenue?
The average sales price for units in 1313 Idaho Avenue is $0 currently.

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