NOT LISTED FOR SALE

1307 Beach Dr Unit 4 Cape May, NJ 08204

Estimated Value: $630,000 - $798,000

2 Beds
1 Bath
-- Sq Ft
0.26 Acres Lot

Sale Details

Date Sold: January 27, 2017

Last sale price $415,500

Est. 73% increase in value since last sale

Current estimated payment $4,176 / mo

52 Days on Market

Highlights

  • Beach Front
  • Furnished
  • Elevator
  • Wood Flooring
  • Ground Level Unit
  • Eat-In Kitchen

About This Home

As of January 2017

Condo Fee includes: WATER AND SEWER, master insurance, flood insurance, exterior maintenance, trash, landscaping, and common area maintenance. 2016 income was $24,300. HO6 content insurance $1200 annually and budget electric $120 per month. Exclusions include personal items, large mirror in living room and some artwork.

Last Agent to Sell the Property

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499 Listed on: 11/01/2016

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,416

Year Built

  • Built in 1900

Lot Details

  • 0.26

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Outdoor Shower
  • Beach Front
  • Ground Level Unit

Community Details

  • Elevator

Listing and Financial Details

  • Legal Lot and Block 25 / 1146

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,416

Year Built

Built in 1900

Lot Details

0.26 Acres

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Beach Front
  • District Township: 02-Cape May City
  • Near: Beach Front
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 1900
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Appliances Included: Range, Oven, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Laundry/Utility Room, 1st Floor Master Bedroom

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Black Top Driveway, Other

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Outside Shower
  • Condo Fees: 525
  • Unit Features: Hardwood Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 25

Tax Info

  • Taxes: 3416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jan 27, 2017
Sold by
Gibson William Raymond and Nadelstumph Maria
Bought by
Phucas Megan L
Seller's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$429,000
Sold Price
$415,500
Premium/Discount to List
-$13,500
-3.15%
Current Estimated Value
$717,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,325
Avg. Annual Appreciation
6.05%
Original Mortgage
$311,625
Outstanding Balance
$253,717
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$464,108

Purchase Details

Closed on
Apr 14, 2014
Sold by
Patheja Gurmeet
Bought by
Gibson William Raymond and Nadelstumph Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2004
Sold by
Leonard Anthony Daly
Bought by
Patheja Gurmeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
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
Phucas Megan L $415,500 Title Company Of Jersey
Gibson William Raymond $370,000 The Title Company Of Jersey
Patheja Gurmeet $369,000 --
Patheja Gurmeet $369,000 First American Title Ins Co
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
Open Phucas Megan L $311,625
Previous Owner Gibson William Raymond $296,000
Previous Owner Patheja Gurmeet $295,200
Closed Patheja Gurmeet $53,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $415,500 -3.1% --
12/28/2016 12/28/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $429,000 -- --
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 $4,175 $395,000 $260,000 $135,000
2024 $4,175 $395,000 $260,000 $135,000
2023 $4,242 $395,000 $260,000 $135,000
2022 $4,076 $395,000 $260,000 $135,000
2021 $4,021 $395,000 $260,000 $135,000
2020 $3,832 $395,000 $260,000 $135,000
2019 $3,899 $395,000 $260,000 $135,000
2018 $3,677 $395,000 $260,000 $135,000
2017 $3,492 $395,000 $260,000 $135,000
2016 $3,286 $395,000 $260,000 $135,000
2015 $3,417 $395,000 $260,000 $135,000
2014 $3,417 $395,000 $260,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Charity R Clark, Abr, Gri

    CAPE RESORTS REALTY

    (609) 408-2192

    37 in this area

    77 Total Sales

    Charity R Clark, Abr, Gri
    Section Image
  • Carol Menz

    Buyer's Agent in 2017

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    85 in this area

    242 Total Sales

    Carol Menz
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 173232

Cape May County Association of REALTORS®

APN: 02-01146-0000-00025-0000-C-04

New Jersey Cape May County Cape May 08204

1307 Beach Dr Unit 4, 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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