NOT LISTED FOR SALE

1621 Beach Ave Unit 102 Cape May, NJ 08204

Estimated Value: $1,111,000 - $1,474,000

2 Beds
2 Baths
1,035 Sq Ft
$400/mo HOA Fee

Last Sold February 19, 2021

Last sale price $800,000 $773 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,575/month

15 Days on Market

Highlights

  • Beach Front
  • Wood Flooring
  • Ground Level Unit
  • Island Location
  • Furnished
  • Community Pool

About This Home

As of February 2021

The condo fee is $400 per month, paid $1200 quarterly. There is a capital fund fee in June that’s equal to one monthly fee. Exclusions in associated documents. There is additional baseboard. The Master Deed page 7 designates the balcony/deck as part of the "unit". The same may be true for the storage area. But the parking spaces are common element for the units exclusive use. Average monthly utilities: Water/sewer $190, Electric $103.77, Xfinity $185.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 12/23/2020

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC Listed on: 12/23/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,631

Year Built

  • Built in 1985

Lot Details

  • 1.38

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Water
  • Pool

Interior Spaces

  • 1,035 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Carport
  • Assigned Parking

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Beach Front

Listing and Financial Details

  • Legal Lot and Block 14 / 1185

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,631

Year Built

Built in 1985

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Front, Island, Water Front, Water View
  • District Township: 02-Cape May City
  • Near: Beach
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1985
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 1621
  • Price per Sq Ft: 772.95
  • Selling Agent1: 476
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Estimated Living Sq Ft: 1035
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room

Garage/Parking

  • Parking: Carport, 1 Car, Attached, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: 102
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool
  • Condo Fees: 1200
  • Unit Features: Fireplace, Hardwood Floors, Tile Floors
  • Unit Location: First Floor, Pool View, Water View

Lot Info

  • Lot Number: 14
  • Zoning: R-S

Tax Info

  • Taxes: 6630.67
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 19, 2021
Sold by
Beach Shawn D and Beach Anne L
Bought by
Cassino Michael A and Cassino Janel A
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$1,257,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,634
Avg. Annual Appreciation
10.15%
Original Mortgage
$0
Interest Rate
2.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 19, 2021
Sold by
Victorias Walk Condominium Association
Bought by
Victorias Walk Condominium
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 12, 2021
Sold by
Victorias Walk Condominium Association
Bought by
Victorias Walk Condominium
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 5, 2021
Sold by
Victorias Walk Condominium Association
Bought by
Victorias Walk Coisidominium
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2018
Closed on
Jun 8, 2018
Sold by
Duhaime Michael and Duhaime Duhaime-Dore C
Bought by
Beach Anne L and Beach Shawn D
Seller's Agent
Carole Pantalone
HOFFMAN AGENCY
Buyer's Agent
Karen Gasser, RSPS
deSatnick Real Estate LLC - Cape May
List Price
$729,900
Sold Price
$699,000
Premium/Discount to List
-$30,900
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Oct 10, 2014
Sold by
Pizzica Dennis S and Pizzica Judith A
Bought by
Duhaime Michael and Duhaime Dore Carroll

Purchase Details

Closed on
Nov 25, 2005
Sold by
Felicetti Frank N and Felicetti Constance L
Bought by
Pizzica Dennis S and Pizzica Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 25, 1998
Sold by
Caro Jose
Bought by
Felicetti Frank and Fleicetti Constana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.68%

Purchase Details

Closed on
Jan 18, 1993
Sold by
Yanette Catherine
Bought by
Caro Jose F and Caro Marice
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
Cassino Michael A $800,000 Misc Company
Victorias Walk Condominium -- Gillin-Schwartz Christopher
Victorias Walk Condominium -- Gillin-Schwartz Christopher
Victorias Walk Coisidominium -- Kurkowski Daniel M
Beach Anne L $699,000 --
Duhaime Michael $640,000 None Available
Pizzica Dennis S $735,000 Citizens Title Agency
Felicetti Frank $245,000 --
Caro Jose F $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cassino Michael A $0
Open Cassino Michael A $540,000
Previous Owner Pizzica Dennis S $515,000
Previous Owner Felicetti Frank $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $800,000 -3.0% $773 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $825,000 +18.0% $797 / Sq Ft
06/08/2018 06/08/18 Sold $699,000 -4.2% $675 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $729,900 -- $705 / 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 $7,101 $671,800 $360,000 $311,800
2024 $7,101 $671,800 $360,000 $311,800
2023 $7,215 $671,800 $360,000 $311,800
2022 $6,933 $671,800 $360,000 $311,800
2021 $6,839 $671,800 $360,000 $311,800
2020 $6,516 $671,800 $360,000 $311,800
2019 $6,631 $671,800 $360,000 $311,800
2018 $6,254 $671,800 $360,000 $311,800
2017 $5,939 $671,800 $360,000 $311,800
2016 $5,589 $671,800 $360,000 $311,800
2015 $5,811 $671,800 $360,000 $311,800
2014 $5,811 $671,800 $360,000 $311,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204801

Cape May County Association of REALTORS®

APN: 02-01185-0000-00014-0000-C-102