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1018 Ohio Avenue

1018 Ohio Avenue, Cape May, NJ 08204
Property in Cape May
Sold Jan 12, 2017
$570,000
$420,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2047
Sold Dec 23, 2009
$390,000
1018 Ohio Avenue in Cape May, NJ was first built in 1956 and is 68 years old. This has been categorized as a residential property type. It is a single story home. 1018 Ohio Avenue has 1,008 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 1018 Ohio Avenue sold most recently in Dec 30, 2016 for a total of $570,000. If you work out the math, that's approximately a cost of $565.48 per sqft. Before that, the property was also sold for $390,000 in Dec 17, 2009. 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 $5,206 in taxes each year. 1018 Ohio Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $484,700. If we break it down further, the land itself was valued at $385,000. Improvements to the property, however, were assessed at a total of $99,700. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • 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: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,008
  • 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

Ownership

  • Current Owner : ANSTOTZ ROBERT
  • Current Owner 2: BRADY ANSTOTZ THERESA
  • Previous Owner : CONEGER 1018 LLC
  • Owner Before Previous Owner: PRATTIS SUSAN M

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 29
  • Account Number: 1972
  • District: 02
  • Parcel: 02 01106-0000-00006
  • Block: 1106
  • Lot: 6
  • Municipality: CAPE MAY CITY
  • Latitude: 38.9369
  • Longitude: -74.9131

    Address

  • Full Address: 1018 Ohio Ave
  • Address - House Number: 1018
  • Address - Street Name: Ohio
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C013
  • 4-Digit Zip Code: 2506
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,206

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 1,010,980
  • High Value: 1,265,662
  • Low Value: 756,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 12, 2017
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $719,781
  • Market Land Value: $571,726
  • Market Improvement Value: $148,055

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $484,700
  • Assessed Land Value: $385,000
  • Assessed Improvements Value: $99,700

    Sales

  • Current Sale Contract Date: Dec 30, 2016
  • Current Sale Recording Date: Jan 12, 2017
  • Current Sale Transaction ID: 1931829035
  • Current Sale Price: $570,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0850
  • Previous Sale Recording Date: Dec 23, 2009
  • Previous Sale Contract Date: Dec 17, 2009
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 12, 2017
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

About Cape May



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Frequently Asked Questions

What neighborhood is 1018 Ohio Avenue located in?
The 1018 Ohio Avenue is a located in the neighborhood of Cape May in Cape May, Cape May.
What is the average sales price for listings in 1018 Ohio Avenue?
The average sales price for units in 1018 Ohio Avenue is $0 currently.

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