NOT LISTED FOR SALE

15 S Broadway Cape May, NJ 08204

Estimated Value: $501,000 - $899,000

1 Bed
1 Bath
-- Sq Ft
0.3 Acres

Last Sold November 18, 2016

Last sale price $369,000

Est. 99% increase in value since last sale

Current estimated payment $4,289/month

118 Days on Market

Highlights

  • Newly Remodeled
  • Building is beachfront but unit may not have water views
  • Furnished
  • Property is near a beach
  • Main Floor Primary Bedroom
  • Ground Level Unit

About This Home

As of November 2016

ONE HALF BLOCK TO THE BEAUTIFUL BEACH.. quaint condo decorated in beautiful style...Good rental income ...all in one level living. Private side porch.. All furniture and electronics are included. Band new stacked washer and dryer vented to the exterior.. Outside maintenance, Insurance (flood and Liability), Water, Sewer, Trash and Recycling all included in the Condo Fee. VERY Solid condo association.

Last Agent to Sell the Property

Barry Bruno

LONG & FOSTER REAL ESTATE, INC cm Listed on: 06/23/2016

LONG & FOSTER REAL ESTATE, INC cm

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

  • 0.3

Parking

  • Assigned Parking

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Utilities

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

Additional Features

  • 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

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,980

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Inside Lot
  • District Township: 02-Cape May City
  • Near: Beach
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2004
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Pet Friendly: Owners allowed pets
  • Special Features: NewHome
  • Property Sub Type: Condos
  • 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: 1
  • Other Rooms: Living Room, Kitchen, Dining Area, 1st Floor Master Bedroom

Garage/Parking

  • Parking: Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: #10
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Cable TV, Outside Shower
  • Condo Fees: $ 679.12 Q
  • Unit Location: First Floor

Lot Info

  • Lot Number: 18

Tax Info

  • Taxes: 2980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2015
Sold by
Schultz David A and Schultz Susan Davidson
Bought by
Lewis Paul M and Lewis Janice
Current Estimated Value
$735,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Outstanding Balance
$232,523
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$502,854

Purchase Details

Closed on
Sep 10, 2004
Sold by
Driftwood Beach Associates Llc
Bought by
Schultz David A and Schultz Susan Davidson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Lewis Paul M $395,000 Title Company Of Jersey
Schultz David A $415,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Paul M $296,250
Previous Owner Schultz David A $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2016 11/18/16 Sold $369,000 -2.9% --
10/19/2016 10/19/16 Pending -- -- --
10/18/2016 10/18/16 Sold $380,000 +8.6% -- View Prior Sale
09/18/2016 09/18/16 Pending -- -- --
09/15/2016 09/15/16 Sold $350,000 -7.7% $781 / Sq Ft View Prior Sale
08/31/2016 08/31/16 For Sale $379,000 -4.1% --
08/16/2016 08/16/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $395,000 +10.0% --
06/06/2016 06/06/16 For Sale $359,000 -- $801 / 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 $4,692 $443,900 $330,000 $113,900
2024 $4,692 $443,900 $330,000 $113,900
2023 $4,767 $443,900 $330,000 $113,900
2022 $4,581 $443,900 $330,000 $113,900
2021 $4,519 $443,900 $330,000 $113,900
2020 $4,306 $443,900 $330,000 $113,900
2019 $4,381 $443,900 $330,000 $113,900
2018 $4,133 $443,900 $330,000 $113,900
2017 $3,924 $443,900 $330,000 $113,900
2016 $3,693 $443,900 $330,000 $113,900
2015 $3,840 $443,900 $330,000 $113,900
2014 $3,840 $443,900 $330,000 $113,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170958

Cape May County Association of REALTORS®

APN: 02-01018-0000-00018-0000-C-27