NOT LISTED FOR SALE

201 Beach Ave Unit 16 Cape May, NJ 08204

Estimated Value: $2,147,000 - $2,769,000

4 Beds
4 Baths
2,448 Sq Ft
$976/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,825,000 $746 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $14,470/month

26 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Property is near a beach
  • Clubhouse
  • Corner Lot

About This Home

As of June 2023

HVAC has been updated within the last few years. Capital Contribution equivalent to one quarter condo fee due at time of Closing from Buyer. Excellent rental history.

Last Agent to Sell the Property

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 04/19/2023

Last Buyer's Agent

Thomas Shagren

JERSEY CAPE REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,198

Year Built

  • Built in 2004

Lot Details

  • 3,964

HOA Fees

  • $838 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,448 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Property is near a beach
  • Building is beachfront but unit may not have water views

Listing and Financial Details

  • Legal Lot and Block 28 / 1019

Community Details

Amenities

  • Community Deck or Porch
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,198

Year Built

Built in 2004

Lot Details

3,964 Sq Ft Lot

HOA Fees

$838 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Water View
  • District Township: 02-Cape May City
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 2004
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, 1777
  • Number Of Stories: Three
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Estimated Living Sq Ft: 2448
  • Other Rooms: Living Room, Eat In Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Garage, 2 Car, Attached

Utilities

  • Cooling: Central Air, Multi Zoned
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Pool, Clubhouse/Clubroom
  • Condo Fees: 2515
  • Unit Features: Kitchen Center Island, Hardwood Floors, Tile Floors
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 28

Tax Info

  • Taxes: 11198.23
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 21, 2023
Sold by
Nelson Richard J and Nelson Lisa R
Bought by
Kilkenny Sean P and Kilkenny Betsy M
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Thomas Shagren
JERSEY CAPE REALTY
List Price
$1,890,000
Sold Price
$1,825,000
Premium/Discount to List
-$65,000
-3.44%
Views
115
Current Estimated Value
$2,388,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,569
Avg. Annual Appreciation
10.28%
Original Mortgage
$91,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 30, 2020
Sold by
Pulido Alvaro and Hannis Karen
Bought by
Nelson Richard J and Nelson Lisa R
Seller's Agent
Beth Beck
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Truda Carney, MA
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,499,000
Sold Price
$1,528,980
Premium/Discount to List
$29,980
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$1,200,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2006
Sold by
Cape May #16 Associates
Bought by
Pulido Alvaro and Pulido Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kilkenny Sean P $1,825,000 Victoria Abstract
Kilkenny Sean P $1,825,000 Victoria Abstract
Nelson Richard J $1,528,980 Misc Company
Pulido Alvaro $1,400,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kilkenny Sean P $91,250
Open Kilkenny Sean P $1,368,750
Closed Kilkenny Sean P $1,368,750
Previous Owner Nelson Richard J $1,200,000
Previous Owner Pulido Alvaro $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $1,825,000 -3.4% $746 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $1,890,000 +23.6% $772 / Sq Ft
10/30/2020 10/30/20 Sold $1,528,980 +2.0% $625 / Sq Ft View Prior Sale
09/15/2020 09/15/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $1,499,000 -- $612 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $11,470 $1,085,100 $725,000 $360,100
2024 $11,470 $1,085,100 $725,000 $360,100
2023 $11,654 $1,085,100 $725,000 $360,100
2022 $11,198 $1,085,100 $725,000 $360,100
2021 $10,710 $1,085,100 $725,000 $360,100
2020 $10,525 $1,085,100 $725,000 $360,100
2019 $10,710 $1,085,100 $725,000 $360,100
2018 $10,102 $1,085,100 $725,000 $360,100
2017 $9,592 $1,085,100 $725,000 $360,100
2016 $9,028 $1,085,100 $725,000 $360,100
2015 $9,386 $1,085,100 $725,000 $360,100
2014 $9,386 $1,085,100 $725,000 $360,100
Source: Public Records

Agents Affiliated with this Home

  • Ryan Griffin

    Seller's Agent in 2023

    Ryan Griffin

    deSatnick Real Estate LLC - Cape May

    (609) 602-5578

    47 in this area

    110 Total Sales

    Ryan Griffin
    Section Image

  • T

    Buyer's Agent in 2023

    Thomas Shagren

    JERSEY CAPE REALTY

    (609) 774-1425

    60 in this area

    93 Total Sales

    Thomas Shagren
    Section Image

  • B

    Seller's Agent in 2020

    Beth Beck

    deSatnick Real Estate LLC - Cape May

    (609) 408-2178

    1 in this area

    19 Total Sales

    Beth Beck
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kathleen M. Douglass

    BOWMAN WALKER REAL ESTATE, INC

    Section Image

  • T

    Buyer's Agent in 2020

    Truda Carney, MA

    LONG & FOSTER REAL ESTATE, INC av

    (610) 324-1675

    9 in this area

    30 Total Sales

    Truda Carney, MA
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 231234

Cape May County Association of REALTORS®

APN: 02-01019-0000-00028-0000-C-16

New Jersey Cape May County Cape May 08204

201 Beach Ave Unit 16, Cape May, NJ

Not Listed for Sale

Townhouses

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