NOT LISTED FOR SALE

217 Beach Ave Unit 305 Cape May, NJ 08204

Cape May Area

Estimated Value: $698,000 - $926,000

2 Beds
1 Bath
855 Sq Ft
1.01 Acre Lot

Sale Details

Date Sold: April 23, 2021

Last sale price $450,000 $526 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,052 / mo

1 Day on Market

Highlights

  • Beach Front
  • Furnished
  • Elevator
  • Building is beachfront but unit may not have water views
  • Community Pool
  • Interior Lot

About This Home

As of April 2021

Agents: Appointments are available between tenant change overs. Call for availability.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE License #0451111 Listed on: 03/01/2021

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Last Buyer's Agent

Brian Groetsch

RE/MAX SURFSIDE License #0451111 Listed on: 03/01/2021

RE/MAX SURFSIDE

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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 1986

Lot Details

  • Building is beachfront but unit may not have water views
  • Beach Front

HOA Fees

  • $275 Monthly HOA Fees

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Utilities

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

Additional Features

  • Handicap Accessible
  • Outdoor Shower

Listing and Financial Details

  • Legal Lot and Block 25 / 1019

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,604

Year Built

Built in 1986

Lot Details

1.01 Acres

HOA Fees

$275 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Beach Front, Inside Lot, Water View
  • District Township: 02-Cape May City
  • Near: Beach / Rusty Nail
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 1986
  • New Construction: No
  • Listing Office2: 858
  • Selling Agent2: 1126
  • Selling Office2: 858
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1986

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 855
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: Carport, 1 Car

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Enclosed/Cov. Porch, Cable TV, Outside Shower, Pool
  • Condo Fees: 275
  • Unit Features: Handicap Features, Kitchen Center Island, Wall To Wall Carpet
  • Unit Location: Water View

Lot Info

  • Lot Number: 25

Tax Info

  • Taxes: 3603.54
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$810,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,517
Avg. Annual Appreciation
11.70%
Original Mortgage
$337,500
Outstanding Balance
$298,712
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$511,805

Purchase Details

Closed on
May 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,999
Interest Rate
5.83%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cape May, NJ

  • Jack Yao Real Estate Agent - Realmart Realty, LLC

    Jack Yao

    Realmart Realty, LLC

    (732) 838-6992

    1,402 Total Sales

    2 in Cape May

    $750K - $2.1M Price Range

    Jack Yao
     Section Image
  • James Cheney Real Estate Agent - JERSEY CAPE REALTY

    James Cheney

    JERSEY CAPE REALTY

    (610) 726-0242

    20 Total Sales

    13 in Cape May

    $650K - $8.8M Price Range

    James Cheney
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  • Mary Hinchcliffe Real Estate Agent - deSatnick Real Estate LLC - Cape May

    Mary Hinchcliffe

    deSatnick Real Estate LLC - Cape May

    (609) 849-3356

    58 Total Sales

    13 in Cape May

    $573K - $2.3M Price Range

    Mary Hinchcliffe
     Section Image
  • Scott Gullaksen Real Estate Agent - KW Greater West Chester

    Scott Gullaksen

    KW Greater West Chester

    (484) 592-6544

    130 Total Sales

    1 in Cape May

    $1,250,000 Price

    Scott Gullaksen
     Section Image
  • Mary Messina Real Estate Agent - Long & Foster Real Estate, Inc.

    Mary Messina

    Long & Foster Real Estate, Inc.

    (267) 719-2387

    31 Total Sales

    1 in Cape May

    $667,000 Price

    Mary Messina
     Section Image
  • Lisa Marie Timko Real Estate Agent - KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    Lisa Marie Timko

    KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    (856) 420-7344

    72 Total Sales

    3 in Cape May

    $649K - $723K Price Range

    Lisa Marie Timko
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Shore Title
$499,999 The Title Company Of Jersey
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $337,500
Previous Owner $399,999
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $450,000 0.0% $526 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $450,000 -- $526 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,859 $365,100 $175,000 $190,100
2025 $3,859 $365,100 $175,000 $190,100
2024 $3,859 $365,100 $175,000 $190,100
2023 $3,921 $365,100 $175,000 $190,100
2022 $3,768 $365,100 $175,000 $190,100
2021 $3,604 $365,100 $175,000 $190,100
2020 $3,541 $365,100 $175,000 $190,100
2019 $3,604 $365,100 $175,000 $190,100
2018 $3,399 $365,100 $175,000 $190,100
2017 $3,227 $365,100 $175,000 $190,100
2016 $3,038 $365,100 $175,000 $190,100
2015 $3,158 $365,100 $175,000 $190,100
2014 -- $365,100 $175,000 $190,100
Source: Public Records

Agents Affiliated with this Home

  • Brian Groetsch Real Estate Agent - RE/MAX SURFSIDE

    Seller's Agent in 2021

    Brian Groetsch

    RE/MAX SURFSIDE

    (609) 972-6339

    111 Total Sales

    Brian Groetsch
    Section Image
  • Christine Lynn Real Estate Agent - RE/MAX SURFSIDE

    Seller Co-Listing Agent in 2021

    Christine Lynn

    RE/MAX SURFSIDE

    (609) 780-7344

    95 Total Sales

    Christine Lynn
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210741

Cape May County Association of REALTORS®

APN: 02-01019-0000-00025-0000-C-305

New Jersey Cape May County Cape May 08204

217 Beach Ave Unit 305, Cape May, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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