NOT LISTED FOR SALE

23 Harbor Cove Cape May, NJ 08204

Estimated Value: $2,495,000 - $4,290,000

5 Beds
4 Baths
4,492 Sq Ft
$807/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $2,775,000 $618 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $20,564/month

4 Days on Market

Highlights

  • Docks
  • In Ground Pool
  • Island Location
  • Boat Slip
  • Waterfront
  • 4-minute walk to Harborview Park

About This Home

As of January 2021

HOA fees are $1890.00 quarterly which includes landscaping, and there is an annual assessment of $4386.97 until 2026 for the newly dredged Marina, bulkhead and dock. Short term rentals are not allowed in the Village.

Last Agent to Sell the Property

Christina P. Clemans, ABR, CRS, GRI

Tim Kerr Sotheby's International Realty Listed on: 12/03/2020

Last Buyer's Agent

Barry Bruno

LONG & FOSTER REAL ESTATE, INC cm

LONG & FOSTER REAL ESTATE, INC cm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,766

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R1 PW

Home Design

  • Victorian Architecture

Interior Spaces

  • 4,492 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Partially Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Grill

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 3 / 1172

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,766

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island, Water Front, Water View, Bulk Head
  • District Township: 02-Cape May City
  • Also Includes: Blinds, Partial Furniture, Window Treatments
  • Estimated Year Built: 2003
  • New Construction: No
  • Lot Size2: 14,170
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 11
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 4492
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Breakfast Nook, Pantry, Laundry/Utility Room, Library/Study, Florida Room, Great Room, See Remarks, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Victorian, Three Story, See Remarks
  • House Color: Cream & Green
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Grill, Fenced Yard, Dock, Bulkhead, Sidewalks, Outside Shower, In Ground Pool, See Remarks, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, Auto Door Opener, Concrete Driveway, See Remarks

Utilities

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

Lot Info

  • Lot Number: 3
  • Lot Size: 10000-20000 SqFt
  • Zoning: R1 PW

Tax Info

  • Taxes: 17766
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 19, 2021
Sold by
Willand Scott and Willand Synda
Bought by
Prazenica Bernard A and Prazenica Patricia L
Seller's Agent
Christina P. Clemans, ABR, CRS, GRI
Tim Kerr Sotheby's International Realty
Buyer's Agent
Barry Bruno
LONG & FOSTER REAL ESTATE, INC cm
List Price
$2,800,000
Sold Price
$2,775,000
Premium/Discount to List
-$25,000
-0.89%
Current Estimated Value
$3,625,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,797
Avg. Annual Appreciation
5.79%
Original Mortgage
$450,000
Outstanding Balance
$401,202
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,224,595

Purchase Details

Listed on
Sep 19, 2014
Closed on
Feb 17, 2016
Sold by
Brown Kenneth F and Brown Pamela H
Bought by
Willand Scott and Willand Synda
Seller's Agent
Brian Giancola
RE/MAX SURFSIDE
List Price
$1,998,250
Sold Price
$1,675,000
Premium/Discount to List
-$323,250
-16.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%

Purchase Details

Closed on
Jul 2, 2013
Sold by
Burns Dennis J and Burns Meredith R
Bought by
Brown Kenneth F and Brown Pamela H

Purchase Details

Closed on
Feb 26, 2003
Sold by
Burns Dennis J
Bought by
Burns Dennis J and Burns Meredith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.95%

Purchase Details

Closed on
Apr 13, 2001
Sold by
Jenkins Jeffrey E
Bought by
Burns Timothy D and Burns Julia M

Purchase Details

Closed on
Jul 6, 1999
Sold by
Cape May Development
Bought by
Jenkins Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
7.39%
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
Prazenica Bernard A $2,775,000 Misc Company
Prazenica Bernard A $2,775,000 None Listed On Document
Willand Scott $1,675,000 None Available
Brown Kenneth F $1,500,000 The Title Company Of Jersey
Burns Dennis J -- --
Burns Timothy D $450,000 --
Burns Timothy D $450,000 --
Jenkins Jeffery $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prazenica Bernard A $450,000
Closed Prazenica Bernard A $450,000
Previous Owner Burns Dennis J $500,000
Previous Owner Jenkins Jeffery $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $2,775,000 -0.9% $618 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $2,800,000 +67.2% $623 / Sq Ft
02/17/2016 02/17/16 Sold $1,675,000 -16.2% -- View Prior Sale
01/18/2016 01/18/16 Pending -- -- --
09/19/2014 09/19/14 For Sale $1,998,250 -- --
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 $19,026 $1,800,000 $1,120,000 $680,000
2024 $19,026 $1,800,000 $1,120,000 $680,000
2023 $19,332 $1,800,000 $1,120,000 $680,000
2022 $18,576 $1,800,000 $1,120,000 $680,000
2021 $18,324 $1,800,000 $1,120,000 $680,000
2020 $17,460 $1,800,000 $1,120,000 $680,000
2019 $17,766 $1,800,000 $1,120,000 $680,000
2018 $16,758 $1,800,000 $1,120,000 $680,000
2017 $15,912 $1,800,000 $1,120,000 $680,000
2016 $17,357 $2,086,200 $1,120,000 $966,200
2015 $18,046 $2,086,200 $1,120,000 $966,200
2014 $18,046 $2,086,200 $1,120,000 $966,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Buyer's Agent in 2021

    Barry Bruno

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 770-8357

    11 in this area

    21 Total Sales

    Barry Bruno
    Section Image
  • Brian Giancola

    Seller's Agent in 2016

    Brian Giancola

    RE/MAX SURFSIDE

    (609) 602-8988

    31 in this area

    82 Total Sales

    Brian Giancola
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204643

Cape May County Association of REALTORS®

APN: 02-01172-0000-00003-11

New Jersey Cape May County Cape May 08204

23 Harbor Cove, Cape May, NJ

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