NOT LISTED FOR SALE

103 Harvard Ave Cape May Point, NJ 08212

Estimated Value: $2,150,000 - $3,008,000

4 Beds
3 Baths
2,087 Sq Ft
$1,214/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2015

Last sale price $1,289,000 $618 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $14,181 / mo

6 Days on Market

Highlights

  • Beach Front
  • Deck
  • Wood Flooring
  • Island Location
  • Cathedral Ceiling
  • 2-minute walk to Cape May Point State Park

About This Home

As of June 2015

Stunning! With Fantastic Ocean Views! This Custom Built, 4 bedroom 3 full and 2 half bath home is very close to being new having been built in 2010. This level of custom, quality construction starts with whirlpool tubs, to a Viking Range, stainless steel appliances, beautiful wood floors, amazing tile work and granite, gas fireplace with surround, outside privacy shower, covered paver patio and driveway, ocean front deck and the beach right across the street from your doorstep.Imagine yourself this summer relaxing on the deck with friends and family, enjoy the ocean breezes and have your very own piece of paradise... Cape May Point offers its own brand of charm with its spectacular dunes, Lake Lily, Cape May Lighthouse, the beach, freshwater coastal marsh and ponds and a quiet town that makes viewing the fall bird and butterfly migration relaxing. This home can be a great investment or your private getaway. This home rents for $5500. a week in the height of the season.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 05/07/2015

Co-Listed By

Lee Marcotte

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,989

Year Built

  • Built in 2010

Lot Details

  • Beach Front
  • Interior Lot
  • Sprinkler System
  • Cleared Lot

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,087 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Dining Area
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Outdoor Grill

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater

Listing and Financial Details

  • Legal Lot and Block 12 / 49

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,989

Year Built

Built in 2010

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Cleared Lot, Inside Lot, Island, Water Front, Water View
  • District Township: 03-Cape May Point
  • Near: Waterfront
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2010

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Propane
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Storage, Tile Flooring
  • Total Bathrooms: 3.2
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 12
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2087
  • Other Rooms: Kitchen, Dining Area, Laundry/Utility Room, Great Room, 1st Floor Master Bedroom

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Frontage: 50
  • Outside Features: Patio, Deck, Grill, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Propane, Forced Air
  • Hot Water: Propane
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12
  • Lot Size: 50 x 100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 6989
  • Assessor Parcel Number: 03000490000000120000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Jun 9, 2015
Sold by
Schuster Kenneth R
Bought by
Romett Gary J and Romett Jennifer A
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$1,400,000
Sold Price
$1,289,000
Premium/Discount to List
-$111,000
-7.93%
Current Estimated Value
$2,534,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,245,227
Avg. Annual Appreciation
6.42%
Original Mortgage
$650,000
Outstanding Balance
$505,054
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$2,029,173

Purchase Details

Closed on
May 7, 2007
Sold by
The Convent Of The Sisters Of St Joseph
Bought by
Schuster Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,700
Interest Rate
6.17%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Romett Gary J $1,289,000 Attorney
Schuster Kenneth R $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romett Gary J $650,000
Previous Owner Schuster Kenneth R $855,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $1,289,000 -7.9% $618 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $1,400,000 -- $671 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $8,936 $1,207,600 $825,000 $382,600
2024 $8,936 $1,207,600 $825,000 $382,600
2023 $8,803 $1,207,600 $825,000 $382,600
2022 $8,514 $1,207,600 $825,000 $382,600
2021 $7,813 $1,207,600 $825,000 $382,600
2020 $7,511 $1,207,600 $825,000 $382,600
2019 $7,415 $1,207,600 $825,000 $382,600
2018 $7,055 $1,191,700 $825,000 $366,700
2017 $6,983 $1,191,700 $825,000 $366,700
2016 $6,840 $1,191,700 $825,000 $366,700
2015 $6,989 $1,403,400 $1,075,000 $328,400
2014 $6,989 $1,403,400 $1,075,000 $328,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163929

Cape May County Association of REALTORS®

APN: 03-00049-0000-00012

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