NOT LISTED FOR SALE

1307 Beach Ave Unit 13 Cape May, NJ 08204

Estimated Value: $688,000 - $831,000

2 Beds
1 Bath
-- Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: October 13, 2022

Last sale price $640,000

Est. 19% increase in value since last sale

Current estimated payment $5,163 / mo

20 Days on Market

Highlights

  • Beach Front
  • Building is beachfront but unit may not have water views
  • Furnished
  • Property is near a beach
  • Island Location
  • Elevator

About This Home

As of October 2022

A little history for the history buffs... The Morning Star Villa was built in 1884-85 by Ware & Eldridge as a luxury hotel in the heart of Cape May. The property was moved to this location in 1989 and restored and turned into 14 lovely condos.

Last Agent to Sell the Property

Barbara McPherson

COASTLINE REALTY, LLC License #9701518 Listed on: 07/29/2022

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,486

Lot Details

  • Building is beachfront but unit may not have water views
  • Beach Front
  • Cleared Lot

HOA Fees

  • $695 Monthly HOA Fees

Interior Spaces

  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1.5 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25, 26.01 / 1146

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,486

Lot Details

0.26 Acres

HOA Fees

$695 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Beach Front, Cleared Lot, Island, Water View
  • District Township: 02-Cape May City
  • Also Includes: Blinds, Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Four
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Dining Room, Kitchen

Garage/Parking

  • Parking: 1.5 Car, Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Electric, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Elevator, Storage Facilities, Cable TV, Outside Shower, Other (See Remarks)
  • Condo Fees: 695.00
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 25, 26.01

Tax Info

  • Taxes: 4486.33
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Oct 13, 2022
Sold by
Bought by
Seller's Agent
Barbara McPherson
COASTLINE REALTY, LLC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$648,000
Sold Price
$640,000
Premium/Discount to List
-$8,000
-1.23%
Current Estimated Value
$759,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,880
Avg. Annual Appreciation
4.71%

Purchase Details

Listed on
Nov 7, 2014
Closed on
Dec 9, 2015
Sold by
Bought by
Seller's Agent
M Lynn Gleeson
Coldwell Banker Sol Needles Real Estate
List Price
$599,000
Sold Price
$455,000
Premium/Discount to List
-$144,000
-24.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Sep 9, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.94%

Purchase Details

Closed on
Jun 12, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,650
Interest Rate
7.86%

Purchase Details

Closed on
May 21, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.91%

Purchase Details

Closed on
Jun 21, 1991
Sold by
Bought by
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$640,000 Freedom Title
$640,000 Freedom Title
$640,000 Freedom Title
$640,000 Freedom Title
$45,500,000 None Available
$45,500,000 None Available
$485,000 The Title Company Of Jersey
$485,000 The Title Company Of Jersey
$230,000 --
$230,000 --
$160,000 --
$160,000 --
$160,000 --
$160,000 --
$148,500 --
$148,500 --
$139,000 --
$139,000 --
$180,000 --
$180,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $185,000
Previous Owner $184,000
Previous Owner $133,650
Previous Owner $111,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2022 10/13/22 Sold $640,000 -1.2% --
08/18/2022 08/18/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $648,000 +42.4% --
12/21/2015 12/21/15 Sold $455,000 -24.0% -- View Prior Sale
11/21/2015 11/21/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $599,000 -- --
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,658 $440,700 $290,000 $150,700
2025 $4,658 $440,700 $290,000 $150,700
2024 $4,658 $440,700 $290,000 $150,700
2023 $4,733 $440,700 $290,000 $150,700
2022 $4,548 $440,700 $290,000 $150,700
2021 $4,486 $440,700 $290,000 $150,700
2020 $4,275 $440,700 $290,000 $150,700
2019 $4,350 $440,700 $290,000 $150,700
2018 $4,103 $440,700 $290,000 $150,700
2017 $3,896 $440,700 $290,000 $150,700
2016 $3,667 $440,700 $290,000 $150,700
2015 $3,812 $440,700 $290,000 $150,700
2014 $3,812 $440,700 $290,000 $150,700
Source: Public Records

Agents Affiliated with this Home

  • Barbara McPherson

    Seller's Agent in 2022

    Barbara McPherson

    COASTLINE REALTY, LLC

    (609) 780-7652

    20 Total Sales

    Barbara McPherson
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non Member

  • M

    Seller's Agent in 2015

    M Lynn Gleeson

    Coldwell Banker Sol Needles Real Estate

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222396

Cape May County Association of REALTORS®

APN: 02-01146-0000-00025-0000-C-13

New Jersey Cape May County Cape May 08204

1307 Beach Ave Unit 13, Cape May, NJ

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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