NOT LISTED FOR SALE

15 S Broadway Unit 16 Cape May, NJ 08204

Estimated Value: $510,000 - $842,000

2 Beds
1 Bath
-- Sq Ft
$321/mo HOA Fee

Last Sold May 27, 2022

Last sale price $630,000

Est. 16% increase in value since last sale

Current estimated payment $4,536/month

123 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Ground Level Unit
  • Property is near a beach
  • Furnished
  • Eat-In Kitchen

About This Home

As of May 2022

2022 Rentals are in associated docs. Easy to show via ShowingTime

Last Agent to Sell the Property

Colleen White

Tim Kerr Sotheby's International Realty License #1005222 Listed on: 12/30/2021

Last Buyer's Agent

Colleen White

Tim Kerr Sotheby's International Realty License #1005222 Listed on: 12/30/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 2004

Lot Details

  • 0.3

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Listing and Financial Details

  • Legal Lot and Block 18 / 1018

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,772

Year Built

Built in 2004

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Water View
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Curtains, Blinds, Furniture
  • Estimated Year Built: 2004
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 15
  • Selling Agent1: 3406
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Eat In Kitchen

Garage/Parking

  • Parking: 1 Car

Utilities

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

Condo/Co-op/Association

  • Unit: 16
  • Common Area Features: Patio, Deck/Porch, Enclosed/Cov. Porch, Storage Facilities, Cable TV
  • Condo Fees: 962.25/QTR
  • Unit Location: First Floor

Lot Info

  • Lot Number: 18

Tax Info

  • Taxes: 3772.33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Trust For Thomas H Magid
Bought by
Amended And Restated Living Trust and Magid
Current Estimated Value
$730,328

Purchase Details

Listed on
Dec 30, 2021
Closed on
May 27, 2022
Sold by
Jakubowski and Alyssa
Bought by
Magid Benjamin E and Lentz Jennifer L
Seller's Agent
Colleen White
Tim Kerr Sotheby's International Realty
Buyer's Agent
Colleen White
Tim Kerr Sotheby's International Realty
List Price
$689,000
Sold Price
$630,000
Premium/Discount to List
-$59,000
-8.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jul 4, 2020
Sold by
Herens John C and Prickett Laura A
Bought by
Jakubowski Matthew and Jakubowski Alyssa
Seller's Agent
James Zeitler
JERSEY CAPE REALTY
Buyer's Agent
Colleen White
Tim Kerr Sotheby's International Realty
List Price
$549,000
Sold Price
$519,000
Premium/Discount to List
-$30,000
-5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Apr 18, 2014
Sold by
Mazzola Stephen and Mazzola Gemma
Bought by
Herens John C and Prickitt Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
Driftwood Beach Associates Llc
Bought by
Mazzola Stephen and Mazzola Gemma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Amended And Restated Living Trust -- None Listed On Document
Magid Benjamin E $630,000 Title Company Of Jersey
Jakubowski Matthew $519,000 Misc Company
Herens John C $340,000 The Title Company Of Jersey
Mazzola Stephen $399,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herens John C $272,000
Previous Owner Mazzola Stephen $319,200
Closed Mazzola Stephen $39,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $630,000 -8.6% --
05/02/2022 05/02/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $689,000 +32.8% --
07/10/2020 07/10/20 Sold $519,000 -5.5% -- View Prior Sale
06/07/2020 06/07/20 Pending -- -- --
07/12/2019 07/12/19 For Sale $549,000 -- --
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,111 $388,900 $300,000 $88,900
2024 $4,111 $388,900 $300,000 $88,900
2023 $4,177 $388,900 $300,000 $88,900
2022 $4,013 $388,900 $300,000 $88,900
2021 $3,959 $388,900 $300,000 $88,900
2020 $3,772 $388,900 $300,000 $88,900
2019 $3,838 $388,900 $300,000 $88,900
2018 $3,621 $388,900 $300,000 $88,900
2017 $3,438 $388,900 $300,000 $88,900
2016 $3,236 $388,900 $300,000 $88,900
2015 $3,364 $388,900 $300,000 $88,900
2014 $3,364 $388,900 $300,000 $88,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214483

Cape May County Association of REALTORS®

APN: 02-01018-0000-00018-0000-C-16