NOT LISTED FOR SALE

15 S Broadway Unit 21 Cape May, NJ 08204

Estimated Value: $495,000 - $859,000

1 Bed
1 Bath
448 Sq Ft
$246/mo HOA Fee

Last Sold December 21, 2020

Last sale price $450,000 $1,004 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,312/month

14 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Furnished
  • Property is near a beach
  • Cathedral Ceiling
  • Skylights

About This Home

As of December 2020

This home is located at 15 S Broadway Unit 21, Cape May, NJ 08204 since 21 September 2020 and is currently estimated at $703,770, approximately $1,570 per square foot. This property was built in 2004. 15 S Broadway Unit 21 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

M Lynn Gleeson

Coldwell Banker Sol Needles Real Estate License #7846837 Listed on: 09/21/2020

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,757

Year Built

  • Built in 2004

Lot Details

  • 0.3

HOA Fees

  • $246 Monthly HOA Fees

Interior Spaces

  • 448 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Blinds
  • Living Room
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 18 / 1018

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,757

Year Built

Built in 2004

Lot Details

0

HOA Fees

$246 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: Blinds, Furniture
  • Estimated Year Built: 2004
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 15
  • Price per Sq Ft: 1004.46
  • Selling Agent1: 3225
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2004

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Estimated Living Sq Ft: 448
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: 21
  • Common Area Features: Deck/Porch
  • Condo Fees: 738.72
  • Unit Features: Skylight, Cathedral Ceiling
  • Unit Location: Top Floor

Lot Info

  • Lot Number: 18

Tax Info

  • Taxes: 3757
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Dec 16, 2020
Sold by
Demarco Matthew A and Demarco Terry B
Bought by
Leman Christopher M and Leman Amber G
Seller's Agent
M Lynn Gleeson
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%
Current Estimated Value
$703,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,770
Avg. Annual Appreciation
9.74%
Original Mortgage
$405,000
Outstanding Balance
$360,571
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$343,199

Purchase Details

Closed on
Sep 15, 2016
Sold by
Gleeson Lynn
Bought by
Demarco Terry B and Demarco Matthew A

Purchase Details

Closed on
Aug 18, 2004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,800
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Leman Christopher M $450,000 None Available
Demarco Terry B $350,000 Title Company Of Jersey
-- $377,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leman Christopher M $405,000
Previous Owner -- $301,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $450,000 -6.1% $1,004 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $479,000 -- $1,069 / Sq Ft
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 $4,024 $380,700 $280,000 $100,700
2024 $4,024 $380,700 $280,000 $100,700
2023 $4,089 $380,700 $280,000 $100,700
2022 $3,929 $380,700 $280,000 $100,700
2021 $3,876 $380,700 $280,000 $100,700
2020 $3,693 $380,700 $280,000 $100,700
2019 $3,758 $380,700 $280,000 $100,700
2018 $3,544 $380,700 $280,000 $100,700
2017 $3,365 $380,700 $280,000 $100,700
2016 $3,167 $380,700 $280,000 $100,700
2015 $3,293 $380,700 $280,000 $100,700
2014 $3,293 $380,700 $280,000 $100,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    M Lynn Gleeson

    Coldwell Banker Sol Needles Real Estate

    Section Image
  • Ryan Griffin

    Buyer's Agent in 2020

    Ryan Griffin

    deSatnick Real Estate LLC - Cape May

    (609) 602-5578

    49 in this area

    118 Total Sales

    Ryan Griffin
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203629

Cape May County Association of REALTORS®

APN: 02-01018-0000-00018-0000-C-21

New Jersey Cape May County Cape May 08204

15 S Broadway Unit 21, Cape May, NJ

This home is located at 15 S Broadway Unit 21, Cape May, NJ 08204 since 21 September 2020 and is currently estimated at $703,770, approximately $1,570 per square foot. This property was built in 2004. 15 S Broadway Unit 21 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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