NOT LISTED FOR SALE

201 Beach Ave Unit 6 Cape May, NJ 08204

Estimated Value: $2,087,515 - $3,300,000

4 Beds
4 Baths
2,385 Sq Ft
$1,168/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2020

Last sale price $1,800,000 $755 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $16,540 / mo

8 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Clubhouse
  • Property is near a beach
  • Island Location
  • Community Pool

About This Home

As of November 2020

Sellers Disclosure & Inventory List are available in associated documents. The Condo Association is in the middle of a 3 year painting project, paid over 3 years. Non-Refundable Capital Contribution of 1 Quarter of Fees to be paid by Buyer at closing.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE License #0451111 Listed on: 10/17/2020

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Last Buyer's Agent

Annie Mullock

Tim Kerr Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,082

Year Built

  • Built in 2004

Lot Details

  • 3,964

HOA Fees

  • $783 Monthly HOA Fees

Interior Spaces

  • 2,385 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Utilities

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

Additional Features

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

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

$11,082

Year Built

Built in 2004

Lot Details

3,964 Sq Ft Lot

HOA Fees

$783 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island, Water View
  • District Township: 02-Cape May City
  • Near: Beach
  • Also Includes: Drapes, Curtains, Shades, Blinds, Partial Furniture
  • Estimated Year Built: 2004
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit #6
  • Listing Office2: 858
  • 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, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: Three
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Estimated Living Sq Ft: 2385
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Auto Door Opener, Garage, 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Cable TV, Pool, Clubhouse/Clubroom
  • Condo Fees: $2350
  • Unit Features: Kitchen Center Island, Walk-In/Cedar Closet, Wall To Wall Carpet, Foyer, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 28
  • Zoning: C-3

Tax Info

  • Taxes: 11082.04
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 16, 2020
Sold by
Elle J Properties Llc
Bought by
Sherry Geoffrey O
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Annie Mullock
Tim Kerr Sotheby's International Realty
List Price
$1,795,000
Sold Price
$1,800,000
Premium/Discount to List
$5,000
0.28%
Current Estimated Value
$2,766,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$966,422
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Mar 2, 2004
Sold by
Seaboard Walk Development Inc
Bought by
Diamond Hugh J and Diamond Rebecca B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,000
Interest Rate
5.67%
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
Sherry Geoffrey O $1,800,000 None Available
Diamond Hugh J $789,000 --
Diamond Hugh J $789,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diamond Hugh J $373,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2020 11/19/20 Sold $1,800,000 +0.3% $755 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $1,795,000 +64.7% $753 / Sq Ft
09/02/2016 09/02/16 Sold $1,090,000 -9.1% -- View Prior Sale
08/03/2016 08/03/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $1,199,000 -- --
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 $11,868 $1,122,800 $800,000 $322,800
2024 $11,868 $1,122,800 $800,000 $322,800
2023 $12,059 $1,122,800 $800,000 $322,800
2022 $11,587 $1,122,800 $800,000 $322,800
2021 $11,082 $1,122,800 $800,000 $322,800
2020 $10,891 $1,122,800 $800,000 $322,800
2019 $11,082 $1,122,800 $800,000 $322,800
2018 $10,453 $1,122,800 $800,000 $322,800
2017 $9,926 $1,122,800 $800,000 $322,800
2016 $9,342 $1,122,800 $800,000 $322,800
2015 $9,712 $1,122,800 $800,000 $322,800
2014 $9,712 $1,122,800 $800,000 $322,800
Source: Public Records

Agents Affiliated with this Home

  • Brian Groetsch

    Seller's Agent in 2020

    Brian Groetsch

    RE/MAX SURFSIDE

    (609) 972-6339

    29 in this area

    113 Total Sales

    Brian Groetsch
    Section Image
  • Christine Lynn

    Seller Co-Listing Agent in 2020

    Christine Lynn

    RE/MAX SURFSIDE

    (609) 780-7344

    22 in this area

    102 Total Sales

    Christine Lynn
    Section Image

  • A

    Buyer's Agent in 2020

    Annie Mullock

    Tim Kerr Sotheby's International Realty

    17 in this area

    56 Total Sales

    Annie Mullock
    Section Image

  • P

    Seller's Agent in 2016

    Peg Vogel

    Coldwell Banker Sol Needles Real Estate

    (609) 884-8428

    4 in this area

    6 Total Sales

    Peg Vogel
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204075

Cape May County Association of REALTORS®

APN: 02-01019-0000-00028-0000-C-06

New Jersey Cape May County Cape May 08204

201 Beach Ave Unit 6, Cape May, NJ

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