NOT LISTED FOR SALE

427 Sunset Blvd Unit 427 Cape May, NJ 08204

Estimated Value: $773,000 - $1,132,000

3 Beds
2 Baths
2,810 Sq Ft
0.28 Acres

Last Sold September 30, 2016

Last sale price $378,000 $135 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,393/month

128 Days on Market

Highlights

  • Beach Front
  • Island Location
  • Main Floor Primary Bedroom
  • West Cape May Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of September 2016

Directly across the street from Nature Conservancy, the beach, and endless bird watching. It's a short stroll or bike ride down the street to Cape May Point or the shopping, beaches, and dining in Cape May. The property boasts a strong rental history throughout the summer and into the shoulder seasons. Enjoy a great beach house with year round capability, stunning views and West Cape May charm make this a must see. This unit is slightly different than unit 429 due to the added office in the garage.

Last Agent to Sell the Property

Tai Menz

COASTLINE REALTY, LLC Listed on: 04/25/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 1985

Lot Details

  • 0.28

Interior Spaces

  • 2,810 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Bar
  • Ceiling Fan
  • Skylights
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Den
  • Storage Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Beach Front
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 5 / 57

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,667

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Front, Island, Water Front, Water View
  • District Township: 12-West Cape May
  • Near: Beaches
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Partial Furniture
  • Estimated Year Built: 1985
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 2810
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room, Library/Study, Storage Space, 1st Floor Master Bedroom

Garage/Parking

  • Parking: Garage, 1 Car, Attached, Stone Driveway

Utilities

  • Cooling: Electric, Ceiling Fan
  • Heating: Electric, Forced Air, Hot Water
  • Hot Water: Electric
  • Sewer: Septic
  • Water: City, Well

Condo/Co-op/Association

  • Unit: 427
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV
  • Unit Features: Bar, Walk-In/Cedar Closet, Hardwood Floors, Wall To Wall Carpet, Skylight, Foyer
  • Unit Location: Water View

Lot Info

  • Lot Number: 5
  • Total Assessment: 406200
  • Zoning: Condo

Tax Info

  • Taxes: 4667

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Sep 30, 2016
Sold by
Rizzo James and Rizzo Joan
Bought by
Grebe Shannon and Grebe John E
Seller's Agent
Tai Menz
COASTLINE REALTY, LLC
List Price
$390,000
Sold Price
$378,000
Premium/Discount to List
-$12,000
-3.08%
Current Estimated Value
$897,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,184
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Jan 9, 1998
Sold by
Bertenshaw William H
Bought by
Rizzo James and Rizzo Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.09%
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
Grebe Shannon $378,000 None Available
Grebe Shannon $378,000 None Available
Rizzo James $155,000 --
Rizzo James $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grebe Shannon $50,000
Previous Owner Rizzo James $125,000
Previous Owner Rizzo James $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $378,000 -3.1% $135 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $390,000 -- $139 / Sq Ft
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 $5,771 $383,700 $260,700 $123,000
2024 $5,771 $383,700 $260,700 $123,000
2023 $5,836 $383,700 $260,700 $123,000
2022 $5,199 $383,700 $260,700 $123,000
2021 $4,911 $383,700 $260,700 $123,000
2020 $5,061 $383,700 $260,700 $123,000
2019 $4,812 $383,700 $260,700 $123,000
2018 $4,854 $383,700 $260,700 $123,000
2017 $4,689 $383,700 $260,700 $123,000
2016 $4,689 $383,700 $260,700 $123,000
2015 $4,667 $406,200 $283,200 $123,000
2014 $4,667 $406,200 $283,200 $123,000
Source: Public Records

Agents Affiliated with this Home

  • Tai Menz

    Seller's Agent in 2016

    Tai Menz

    COASTLINE REALTY, LLC

    (609) 602-8061

    13 in this area

    102 Total Sales

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169881

Cape May County Association of REALTORS®

APN: 12-00057-0000-00005-06-C427

New Jersey Cape May County Cape May 08204

427 Sunset Blvd Unit 427, Cape May, NJ

This home is located at 427 Sunset Blvd Unit 427, Cape May, NJ 08204 since 25 April 2016 and is currently estimated at $897,184, approximately $319 per square foot. This property was built in 1985. 427 Sunset Blvd Unit 427 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.

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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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