NOT LISTED FOR SALE

1603 Tidewater Ave Unit 16C Rio Grande, NJ 08242

Estimated Value: $543,000 - $578,000

3 Beds
2 Baths
2,140 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $354,000 $165 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,771/month

8 Days on Market

Highlights

  • Senior Community
  • Cathedral Ceiling
  • Loft
  • Clubhouse
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of August 2021

Condo fee covers lawn care, trash/recyclables, exterior maintenance, snow removal, pool/clubhouse and common area insurance. Buyer pays $1500 Capital Contribution at Closing. Condo fee $290 monthly.

Last Agent to Sell the Property

Diane Bauer

Cape May County Real Estate Brokers LLC - CH Listed on: 03/31/2021

Last Buyer's Agent

Susan Bagosy

LONG & FOSTER REAL ESTATE, INC sic License #1970854

LONG & FOSTER REAL ESTATE, INC sic

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,369

Year Built

  • Built in 2013

Lot Details

  • 31

HOA Fees

  • $290 Monthly HOA Fees

Interior Spaces

  • 2,140 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Loft
  • Storage Room
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Driveway

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 6 / 1432

Community Details

Overview

  • Senior Community

Amenities

  • Building Patio
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,369

Year Built

Built in 2013

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Town House Age Restricted
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Mainland
  • District Township: 06-Middle Township
  • Also Includes: Shades, Blinds
  • Estimated Year Built: 2013
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 1603
  • Price per Sq Ft: 165.42
  • Selling Agent1: 5472
  • Selling Office1: 658
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 2013

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Intercom
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 2140
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat In Kitchen, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, Loft, Great Room, Storage Space, 1st Floor Master Bedroom

Garage/Parking

  • Parking: Auto Door Opener, Garage, 2 Car, Attached, Heated Garage, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: 1603
  • Common Area Features: Patio, Cable TV, Pool, Clubhouse/Clubroom, Other (See Remarks)
  • Condo Fees: 290
  • Unit Features: Fireplace, Kitchen Center Island, Walk-In/Cedar Closet, Wall To Wall Carpet, Cathedral Ceiling, Foyer, Tile Floors

Lot Info

  • Lot Number: 6
  • Total Assessment: 225100
  • Zoning: Residentia

Tax Info

  • Taxes: 4369.19
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Aug 23, 2021
Sold by
Franchi Joseph A and Franchi Donna L
Bought by
Romanelli Denise M
Seller's Agent
Diane Bauer
Cape May County Real Estate Brokers LLC - CH
Buyer's Agent
Susan Bagosy
LONG & FOSTER REAL ESTATE, INC sic
List Price
$349,000
Sold Price
$354,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$557,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,027
Avg. Annual Appreciation
12.50%
Original Mortgage
$239,000
Outstanding Balance
$219,535
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$343,502

Purchase Details

Closed on
Sep 10, 2013
Sold by
Nvr Inc
Bought by
Franchi Joseph A and Franchi Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,700
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Conifer Greenbriar Llc
Bought by
Nvr Inc and Ryan Homes

Purchase Details

Closed on
Mar 10, 2009
Sold by
Landsource Holding Company Llc
Bought by
Conifer Greenbriar Llc

Purchase Details

Closed on
Feb 21, 2007
Sold by
Mw Housing Partners Iii Lp
Bought by
Landsource Holding Co Llc
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
Romanelli Denise M $354,000 Misc Company
Franchi Joseph A $233,415 Legacy Title Agency Llc
Nvr Inc $240,000 Title America Agency Corp
Conifer Greenbriar Llc $2,910,000 None Available
Landsource Holding Co Llc $95,121 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romanelli Denise M $40,000
Open Romanelli Denise M $239,000
Previous Owner Franchi Joseph A $186,000
Previous Owner Franchi Joseph A $186,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $354,000 +1.4% $165 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $349,000 -- $163 / 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
2024 $4,858 $225,100 $75,000 $150,100
2023 $4,714 $225,100 $75,000 $150,100
2022 $4,570 $225,100 $75,000 $150,100
2021 $4,461 $225,100 $75,000 $150,100
2020 $4,369 $225,100 $75,000 $150,100
2019 $4,254 $225,100 $75,000 $150,100
2018 $4,178 $225,100 $75,000 $150,100
2017 $4,097 $225,100 $75,000 $150,100
2016 $3,969 $225,100 $75,000 $150,100
2015 $3,939 $225,100 $75,000 $150,100
2014 $3,912 $225,100 $75,000 $150,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Diane Bauer

    Cape May County Real Estate Brokers LLC - CH

    (609) 602-3004

    3 in this area

    15 Total Sales

    Diane Bauer
    Section Image

  • S

    Buyer's Agent in 2021

    Susan Bagosy

    LONG & FOSTER REAL ESTATE, INC sic

    (610) 733-3336

    1 in this area

    26 Total Sales

    Susan Bagosy
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211128

Cape May County Association of REALTORS®

APN: 06-01432-0000-00006-0000-C0062

New Jersey Cape May County Rio Grande 08242

1603 Tidewater Ave Unit 16C, Rio Grande, NJ

This home is located at 1603 Tidewater Ave Unit 16C, Rio Grande, NJ 08242 since 31 March 2021 and is currently estimated at $557,027, approximately $260 per square foot. This property was built in 2013. 1603 Tidewater Ave Unit 16C is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

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