NOT LISTED FOR SALE

320 Broadway West Cape May, NJ 08204

Estimated Value: $1,365,000 - $1,810,000

Studio
-- Bath
-- Sq Ft
74,923 Sq Ft Lot

Last Sold April 21, 2017

Last sale price $460,000

Est. 247% increase in value since last sale

Current estimated payment $8,927/month

158 Days on Market

Highlights

  • Living Room
  • Storage Room
  • 5-minute walk to Wilbraham Park
  • West Cape May Elementary School Rated A+
  • Dining Room

About This Home

As of April 2017

This home is located at 320 Broadway, West Cape May, NJ 08204 since 14 October 2016 and is currently estimated at $1,595,088. This property was built in 1879. 320 Broadway is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

Kathleen Nace

HOMESTEAD REAL ESTATE CO. INC. Listed on: 10/14/2016

Last Buyer's Agent

Brian Giancola

RE/MAX SURFSIDE

RE/MAX SURFSIDE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,979

Year Built

  • Built in 1879

Lot Details

  • 1.72

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • Living Room
  • Dining Room
  • Storage Room
  • Partial Basement

Additional Features

  • Lot Dimensions are 75x118
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 19 / 36

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,979

Year Built

Built in 1879

Lot Details

1.72 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 12-West Cape May
  • Estimated Year Built: 1879
  • New Construction: No
  • Lot Size2: 75x118
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1879

Interior Features

  • Basement: Partial
  • Other Rooms: Living Room, Dining Room, Kitchen, Storage Space

Exterior Features

  • Outside Features: Cable TV, Sidewalks

Garage/Parking

  • Parking: 3 Car

Utilities

  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 19
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6978.84

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Apr 21, 2017
Sold by
Flanegan Richard A and Flanegan Diane N
Bought by
Grubb Dennis G and Detorre Rebecca L
Seller's Agent
Kathleen Nace
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
Brian Giancola
RE/MAX SURFSIDE
List Price
$550,000
Sold Price
$460,000
Premium/Discount to List
-$90,000
-16.36%
Current Estimated Value
$1,595,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135,088
Avg. Annual Appreciation
15.03%
Original Mortgage
$345,000
Outstanding Balance
$287,796
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,307,292

Purchase Details

Closed on
Nov 18, 2004
Sold by
Flanegan Diane N and Flanegan Richard A
Bought by
Flanegan Richard A and Flanegan Diane N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Grubb Dennis G $460,000 None Available
Flanegan Richard A -- Crossroads Title Services In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubb Dennis G $345,000
Previous Owner Flanegan Richard A $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2017 04/21/17 Sold $460,000 -16.4% --
03/22/2017 03/22/17 Pending -- -- --
10/14/2016 10/14/16 For Sale $550,000 -- --
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 $8,621 $573,200 $403,100 $170,100
2024 $8,718 $573,200 $403,100 $170,100
2023 $8,718 $573,200 $403,100 $170,100
2022 $7,767 $573,200 $403,100 $170,100
2021 $7,325 $573,200 $403,100 $170,100
2020 $7,561 $573,200 $403,100 $170,100
2019 $7,188 $573,200 $403,100 $170,100
2018 $7,224 $571,100 $403,100 $168,000
2017 $6,979 $571,100 $403,100 $168,000
2016 $6,979 $571,100 $403,100 $168,000
2015 $6,562 $571,100 $403,100 $168,000
2014 $6,562 $571,100 $403,100 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174678

Cape May County Association of REALTORS®

APN: 12-00036-0000-00019

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