NOT LISTED FOR SALE

1526 Yacht Ave Unit A Cape May, NJ 08204

Estimated Value: $1,678,108 - $2,048,000

5 Beds
3 Baths
2,645 Sq Ft
7,928 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $840,000 $318 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $10,687/month

475 Days on Market

Highlights

  • Water Views
  • Spa
  • Wood Flooring
  • Boat Dock
  • Cathedral Ceiling
  • Furnished

About This Home

As of November 2017

Shared flood insurance approximately $730 is Unit A's portion. $2020 is approximately the shared homeowners portion for unit A. See associated docs for a survey showing the designation of the outside living spaces. Unit A is in yellow, Unit B is in blue and common areas are green.

Last Agent to Sell the Property

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm Listed on: 05/18/2016

LONG & FOSTER REAL ESTATE, INC cm

Last Buyer's Agent

Tai Menz

COASTLINE REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,696

Year Built

  • Built in 2006

Lot Details

  • 7,928

Interior Spaces

  • 2,645 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room
  • Storage Room
  • Wood Flooring
  • Water Views
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Stone Driveway

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Bulkhead

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 34 / 1160

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,696

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Water View
  • District Township: 02-Cape May City
  • Also Includes: Furniture
  • Estimated Year Built: 2006
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 1526A
  • Price per Sq Ft: 317.58
  • Selling Agent1: 4081
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Estimated Living Sq Ft: 2645
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Laundry/Utility Room, Great Room, Storage Space, Other

Garage/Parking

  • Parking: Auto Door Opener, Garage, Parking Pad, 1.5 Car, Attached, Stone Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: A
  • Common Area Features: Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Unit Features: Fireplace, Bar, Kitchen Center Island, Hardwood Floors, Whirpool/Spa, Elevator, Cathedral Ceiling, Foyer
  • Unit Location: Water View

Lot Info

  • Lot Number: 34

Tax Info

  • Taxes: 10696
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Nov 10, 2017
Sold by
Mcneely Peter J and Mcneely Valerie C
Bought by
Papendick Renny B and Papendick Maryanne T
Seller's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Tai Menz
COASTLINE REALTY, LLC
List Price
$950,000
Sold Price
$840,000
Premium/Discount to List
-$110,000
-11.58%
Current Estimated Value
$1,867,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027,027
Avg. Annual Appreciation
12.08%

Purchase Details

Closed on
Apr 30, 1997
Sold by
John J Mclaughlin Trust
Bought by
Mcneely Peter J and Mcneely Valerie C
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
Papendick Renny B $840,000 The Title Company Of Jersey
Mcneely Peter J $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papendick Renny B $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $840,000 -11.6% $318 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
05/18/2016 05/18/16 For Sale $950,000 -- $359 / 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 $8,879 $840,000 $505,400 $334,600
2024 $8,879 $840,000 $505,400 $334,600
2023 $9,022 $840,000 $505,400 $334,600
2022 $8,669 $840,000 $505,400 $334,600
2021 $8,551 $840,000 $505,400 $334,600
2020 $8,148 $840,000 $505,400 $334,600
2019 $12,689 $1,285,600 $619,300 $666,300
2018 $11,969 $1,285,600 $619,300 $666,300
2017 $11,365 $1,285,600 $619,300 $666,300
2016 $10,696 $1,285,600 $619,300 $666,300
2015 $11,120 $1,285,600 $619,300 $666,300
2014 $11,120 $1,285,600 $619,300 $666,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rebecca Chamberlain,SFR,SRES

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 972-7507

    18 in this area

    134 Total Sales

    Rebecca Chamberlain,SFR,SRES
    Section Image
  • Tai Menz

    Buyer's Agent in 2017

    Tai Menz

    COASTLINE REALTY, LLC

    (609) 602-8061

    12 in this area

    102 Total Sales

    Tai Menz
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170342

Cape May County Association of REALTORS®

APN: 02-01160-0000-00034-0000-C-01

New Jersey Cape May County Cape May 08204

1526 Yacht Ave Unit A, Cape May, NJ

This home is located at 1526 Yacht Ave Unit A, Cape May, NJ 08204 since 18 May 2016 and is currently estimated at $1,867,027, approximately $705 per square foot. This property was built in 2006. 1526 Yacht Ave Unit A 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.

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