NOT LISTED FOR SALE

1530 Yacht Ave Unit A Cape May, NJ 08204

Estimated Value: $1,421,000 - $1,698,000

4 Beds
3.5 Baths
-- Sq Ft
7,971 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $1,283,000

Est. 23% increase in value since last sale

Current estimated payment $9,181/month

Highlights

  • Boat Dock
  • Property is near a marina
  • Deck
  • Property Fronts a Bay or Harbor
  • The property is located in a historic district
  • Recreation Room

About This Home

As of May 2022

BAY FRONT living at it's BEST on Yacht Avenue in Cape May's historic and charming Marina District! Park your BOAT(s) and water toys along the 60 ft long DOCK/BOAT SLIP with plenty of room for jet skis, kayaks and paddle boards. Walk to local restaurants or paddleboard over to the Lobster House for the freshest seafood and cocktails. This beautiful townhouse has unobstructed water views of the Cape May Harbor and each of the 4 bedrooms has its own deck/balcony! There are many upgrades throughout such as a kitchen refresh with built in wine cooler, new engineered flooring and new carpet. The tile floors on the main level and bathrooms are heated by radiant heat, the ceilings and walls are extra thick for privacy, and there are NEST thermostats. Also included are new ceiling fans throughout, a new metal roof in 2019, and an elevator that runs from the garage to the 3rd floor. We have a fabulous layout offering many options for family and friends to enjoy bay front fun. The main level has a nice open floor plan great for entertaining and extends out to the large deck area overlooking the bay. The spacious garage has a large storage area/workspace with its own entrance from a side door. Plenty of outside space to truly enjoy bay front living at it's finest in historic Cape May Harbor!!!

Last Agent to Sell the Property

Tracey Yarborough

BHHS FOX and ROACH-Sea Isle City Listed on: 03/17/2022

BHHS FOX and ROACH-Sea Isle City

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,526

Lot Details

  • 7,971

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Recreation Room
  • Workshop
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad

Outdoor Features

  • Property is near a marina
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Property Fronts a Bay or Harbor
  • The property is located in a historic district

Community Details

Overview

  • Association fees include insurance

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,526

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Curtains, Drapes, Furnished
  • Lvt Date: 03/17/2022
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Laundry/Utility Room, Pantry, Recreation/Family, Workshop, Master Br On 1st Floor
  • Common Area Features: Bulkheaded, Cable Tv, Deck/Porch, Dock/Boat Slip, Elevator, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car, Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Association, Co-Owner

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Historical District, Marina, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Elevator, Handicap Features, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 3, 2022
Sold by
Horgan Thomas F and Horgan Lisa H
Bought by
Young Matthew Taylor and Young Melanie
Seller's Agent
Tracey Yarborough
BHHS FOX and ROACH-Sea Isle City
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,300,000
Sold Price
$1,283,000
Premium/Discount to List
-$17,000
-1.31%
Current Estimated Value
$1,581,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,945
Avg. Annual Appreciation
6.30%
Original Mortgage
$1,026,400
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2012
Sold by
Shinn Edmond G and Shinn Marie R
Bought by
Horgan Thomas F and Horgan Lisa H

Purchase Details

Closed on
Feb 9, 2004
Sold by
Mckenney Theodore C
Bought by
Shinn Emond G and Shinn Marie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,000
Interest Rate
4.37%
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
Young Matthew Taylor $1,283,000 Brownstein Ira M
Young Matthew Taylor $1,283,000 None Listed On Document
Horgan Thomas F $650,000 The Title Company Of Jersey
Shinn Emond G $840,000 --
Shinn Edmond G $840,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Matthew Taylor $1,026,400
Previous Owner Shinn Edmond G $755,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $1,283,000 -1.3% --
04/04/2022 04/04/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,300,000 -- --
Source: South Jersey Shore Regional MLS

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 $9,526 $901,200 $558,100 $343,100
2024 $9,526 $901,200 $558,100 $343,100
2023 $9,679 $901,200 $558,100 $343,100
2022 $9,300 $901,200 $558,100 $343,100
2021 $9,174 $901,200 $558,100 $343,100
2020 $8,742 $901,200 $558,100 $343,100
2019 $8,895 $901,200 $558,100 $343,100
2018 $8,390 $901,200 $558,100 $343,100
2017 $7,967 $901,200 $558,100 $343,100
2016 $7,498 $901,200 $558,100 $343,100
2015 $7,795 $901,200 $558,100 $343,100
2014 $7,795 $901,200 $558,100 $343,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 560781

South Jersey Shore Regional MLS

APN: 02-01160-0000-00028-0000-C-1