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1342 Ohio Avenue

1342 Ohio Avenue, Cape May, NJ 08204
Property in Cape May
Sold Apr 15, 2013
$350,000
$280,000 by Oak Mortgage Company Llc
Mortgage Due Apr 01, 2043
Sold Oct 04, 2004
$375,000
$337,125 by Washington Mutual Bank Fa
Mortgage Due Oct 01, 2034
Local assessors in Cape May, NJ have categorized 1342 Ohio Avenue as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 5,001 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 400 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1342 Ohio Avenue has a total of 992 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 1342 Ohio Avenue sold most recently in Mar 25, 2013 for a total of $350,000. If you work out the math, that's approximately a cost of $352.82 per sqft. Before that, the property was also sold for $375,000 in Sep 29, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,130 in taxes each year. 1342 Ohio Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $384,500. If we break it down further, the land itself was valued at $271,000. Improvements to the property, however, were assessed at a total of $113,500. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 992
  • Building Area: 992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BLAKER ROBIN J
  • Current Owner 2: BLAKER SUSAN M
  • Previous Owner : SHAVER DAVID
  • Previous Owner 2: SCOTT SHAVER VICKI
  • Owner Before Previous Owner: RACITI FRANK
  • Owner Before Previous Owner 2: RACITI DARLYNE

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 43
  • Account Number: 2961
  • District: 02
  • Parcel: 02 01151-0000-00010
  • Block: 1151
  • Lot: 10
  • Municipality: CAPE MAY CITY
  • Latitude: 38.9397
  • Longitude: -74.9048

    Address

  • Full Address: 1342 Ohio Ave
  • Address - House Number: 1342
  • Address - Street Name: Ohio
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C013
  • 4-Digit Zip Code: 2707
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,130

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 793,478
  • High Value: 996,913
  • Low Value: 590,043

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: OAK MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Apr 15, 2013
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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, 2043
  • Second Open Lien Mortgage Lender: EVESHAM MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Aug 27, 2020
  • Second Open Lien Mortgage Loan Amount: $240,000
  • 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: Sep 01, 2035

    Market Valuation

  • Market Total Value: $570,983
  • Market Land Value: $402,435
  • Market Improvement Value: $168,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,500
  • Assessed Land Value: $271,000
  • Assessed Improvements Value: $113,500

    Sales

  • Current Sale Contract Date: Mar 25, 2013
  • Current Sale Recording Date: Apr 15, 2013
  • Current Sale Transaction ID: 1100008585
  • Current Sale Price: $350,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 0352
  • Previous Sale Recording Date: Oct 04, 2004
  • Previous Sale Contract Date: Sep 29, 2004
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: OAK MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Apr 15, 2013
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Oct 04, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $337,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2034

About Cape May



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Frequently Asked Questions

What neighborhood is 1342 Ohio Avenue located in?
The 1342 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 1342 Ohio Avenue?
The average sales price for units in 1342 Ohio Avenue is $0 currently.

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