NOT LISTED FOR SALE

1407 Harbor Ln Unit 103 Cape May, NJ 08204

Cape May Area

Estimated Value: $962,000 - $1,294,000

2 Beds
2 Baths
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: January 3, 2025

Last sale price $999,999

Est. 8% increase in value since last sale

Current estimated payment $6,865 / mo

14 Days on Market

Highlights

  • Community Boat Dock
  • Wood Flooring
  • Eat-In Kitchen
  • Waterfront
  • Corner Lot
  • 1-minute walk to Harborview Park

About This Home

As of January 2025

This home is located at 1407 Harbor Ln Unit 103, Cape May, NJ 08204 since 20 November 2024 and is currently estimated at $1,080,795. This property was built in 1991. 1407 Harbor Ln Unit 103 is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

Colleen White

Tim Kerr Sotheby's International Realty License #1005222 Listed on: 11/20/2024

Last Buyer's Agent

Michelle Roberts-O'donnell

LONG & FOSTER REAL ESTATE, INC cm

LONG & FOSTER REAL ESTATE, INC cm

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,787

Year Built

  • Built in 1991

Lot Details

  • 0.28

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Bulkhead
  • Waterfront

Listing and Financial Details

  • Legal Lot and Block 78 / 1160

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Elevator

Recreation

  • Community Boat Dock

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,787

Year Built

Built in 1991

Lot Details

0.28 Acres

HOA Fees

$450 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Water Front, Water View
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Partial Furniture
  • Estimated Year Built: 1991
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit 103
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1991

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, 1777
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Storage Space

Garage/Parking

  • Parking: Carport, 1 Car, Assigned Parking, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Patio, Enclosed/Cov. Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Other (See Remarks)
  • Condo Fees: $450/month
  • Unit Features: Hardwood Floors, Wall To Wall Carpet, Elevator, 1772
  • Unit Location: Corner, Other (See Remarks), Water View

Lot Info

  • Lot Number: 78

Tax Info

  • Taxes: 5786.71
  • Tax Year: 2023

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
Nov 20, 2024
Closed on
Dec 31, 2024
Sold by
Bought by
Seller's Agent
Colleen White
Tim Kerr Sotheby's International Realty
Buyer's Agent
Michelle Roberts-O'donnell
LONG & FOSTER REAL ESTATE, INC cm
List Price
$1,100,000
Sold Price
$999,999
Premium/Discount to List
-$100,001
-9.09%
Views
28
Current Estimated Value
$1,080,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,796
Avg. Annual Appreciation
5.04%
Original Mortgage
$599,400
Outstanding Balance
$560,741
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$520,054

Purchase Details

Listed on
Dec 11, 2022
Closed on
Feb 28, 2023
Sold by
Bought by
Seller's Agent
Todd deSatnick
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Colleen White
Tim Kerr Sotheby's International Realty
List Price
$969,000
Sold Price
$900,000
Premium/Discount to List
-$69,000
-7.12%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Jul 23, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2006
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
$650,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1991
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cape May, NJ

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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
$999,999 Infinity Title
$900,000 Title Company Of Jersey
-- Landis Title Corporation
$670,000 Landis Title Corporation
$138,000 --
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
Open $599,400
Previous Owner $650,000
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
01/03/2025 01/03/25 Sold $999,999 -9.1% --
12/04/2024 12/04/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $1,100,000 +22.2% --
02/28/2023 02/28/23 Sold $900,000 -7.1% -- View Prior Sale
01/24/2023 01/24/23 Pending -- -- --
12/11/2022 12/11/22 For Sale $969,000 -- --
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 $5,695 $538,800 $300,000 $238,800
2025 $5,695 $538,800 $300,000 $238,800
2024 $5,695 $538,800 $300,000 $238,800
2023 $5,787 $538,800 $300,000 $238,800
2022 $5,560 $538,800 $300,000 $238,800
2021 $5,318 $538,800 $300,000 $238,800
2020 $5,226 $538,800 $300,000 $238,800
2019 $5,318 $538,800 $300,000 $238,800
2018 $5,016 $538,800 $300,000 $238,800
2017 $4,763 $538,800 $300,000 $238,800
2016 $4,483 $538,800 $300,000 $238,800
2015 $4,661 $538,800 $300,000 $238,800
2014 $4,661 $538,800 $300,000 $238,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 243410

Cape May County Association of REALTORS®

APN: 02-01160-0000-00078-0000-C-103

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