NOT LISTED FOR SALE

1534 Yacht Ave Unit 4 Cape May, NJ 08204

Estimated Value: $856,029 - $1,096,000

2 Beds
2 Baths
-- Sq Ft
0.56 Acres

Last Sold January 13, 2016

Last sale price $402,000

Est. 138% increase in value since last sale

Current estimated payment $5,506/month

765 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Living Room
  • Central Air
  • Island Location

About This Home

As of January 2016

Victorian Harbour 2 BR/2 BA condo with approximate 35' boat slip! Spectacular views of the Marina District abound from inside the unit and from the waterfront deck! An open floor plan seamlessly connects the living room, dining area and kitchen. The bedrooms are located a few steps up on level two. This unit has been a successful rental in the past. Two parking spaces are dedicated for this unit, one in the carport and one in the lot.

Last Agent to Sell the Property

Chad deSatnick

deSatnick Real Estate LLC - Cape May License #1109382 Listed on: 11/09/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,314

Lot Details

  • 0.56

Interior Spaces

  • 2-Story Property
  • Living Room
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Property Fronts a Bay or Harbor
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 27 / 1160

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,314

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Island, Water Front, Water View
  • District Township: 02-Cape May City
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen

Garage/Parking

  • Parking: Carport, 2 Car, Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 4
  • Condo Fees: 244/mo
  • Unit Location: Water View

Lot Info

  • Lot Number: 27

Tax Info

  • Taxes: 4313.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2013
Closed on
Jan 8, 2016
Sold by
Cheetham David and Cheetham Mary Jane
Bought by
Adams Thomas J and Adams Terry L
Seller's Agent
Chad deSatnick
deSatnick Real Estate LLC - Cape May
List Price
$459,500
Sold Price
$402,000
Premium/Discount to List
-$57,500
-12.51%
Current Estimated Value
$954,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,757
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Aug 21, 1987
Bought by
Cheetham David A and Gilbert,Mary Ja
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adams Thomas J $402,000 None Available
Cheetham David A $170,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2016 01/13/16 Sold $402,000 -12.5% --
12/14/2015 12/14/15 Pending -- -- --
11/09/2013 11/09/13 For Sale $459,500 -- --
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 $5,271 $498,700 $220,000 $278,700
2024 $5,271 $498,700 $220,000 $278,700
2023 $5,356 $498,700 $220,000 $278,700
2022 $5,147 $498,700 $220,000 $278,700
2021 $5,077 $498,700 $220,000 $278,700
2020 $4,837 $498,700 $220,000 $278,700
2019 $4,922 $498,700 $220,000 $278,700
2018 $4,643 $498,700 $220,000 $278,700
2017 $4,409 $498,700 $220,000 $278,700
2016 $4,149 $498,700 $220,000 $278,700
2015 $4,314 $498,700 $220,000 $278,700
2014 $4,314 $498,700 $220,000 $278,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 154841

Cape May County Association of REALTORS®

APN: 02-01160-0000-00027-0000-C-04