NOT LISTED FOR SALE

504 Broad St Unit 504 Cape May, NJ 08204

Estimated Value: $975,000 - $1,184,000

3 Beds
2 Baths
1,107 Sq Ft
$969/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $675,000 $610 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,043/month

13 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Tile Flooring
  • Furnished
  • Living Room
  • 2-minute walk to Cape May Rotary Park

About This Home

As of November 2020

This home is located at 504 Broad St Unit 504, Cape May, NJ 08204 since 05 September 2020 and is currently estimated at $1,072,826, approximately $969 per square foot. This property was built in 1905. 504 Broad St Unit 504 is a home located in Cape May County with nearby schools including Cape May City 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: 09/05/2020

Last Buyer's Agent

Truda Carney, MA

LONG & FOSTER REAL ESTATE, INC av

LONG & FOSTER REAL ESTATE, INC av

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 1905

Lot Details

  • Interior Lot

Interior Spaces

  • 1,107 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Blinds
  • Living Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 3 Parking Spaces
  • Stone Driveway

Utilities

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

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 2 / 1053

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,667

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Corner, Inside Lot
  • District Township: 02-Cape May City
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1905
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1107
  • Other Rooms: Living Room, Eat In Kitchen

Garage/Parking

  • Parking: 3 Car, Stone Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch
  • Unit Features: Wall To Wall Carpet, Tile Floors

Lot Info

  • Lot Number: 2

Tax Info

  • Taxes: 4666.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Oct 29, 2020
Sold by
Grobelny Brian
Bought by
Filippone Brendan J and Fillippone Natalie C
Seller's Agent
Kathleen Nace
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
Truda Carney, MA
LONG & FOSTER REAL ESTATE, INC av
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Current Estimated Value
$1,072,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,826
Avg. Annual Appreciation
9.73%
Original Mortgage
$506,250
Outstanding Balance
$450,491
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$622,335

Purchase Details

Closed on
Jan 5, 2007
Sold by
Grogan Dennis and Grogan Angela
Bought by
Grobelny Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Second
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
Filippone Brendan J $675,000 Misc Company
Grobelny Brian $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Filippone Brendan J $506,250
Previous Owner Grobelny Brian $43,000
Previous Owner Grobelny Brian $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $675,000 -6.9% $610 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $725,000 -- $655 / 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 $4,998 $472,800 $152,000 $320,800
2024 $4,998 $472,800 $152,000 $320,800
2023 $5,078 $472,800 $152,000 $320,800
2022 $4,879 $472,800 $152,000 $320,800
2021 $4,667 $472,800 $152,000 $320,800
2020 $4,586 $472,800 $152,000 $320,800
2019 $4,667 $472,800 $152,000 $320,800
2018 $4,402 $472,800 $152,000 $320,800
2017 $4,180 $472,800 $152,000 $320,800
2016 $3,934 $472,800 $152,000 $320,800
2015 $4,090 $472,800 $152,000 $320,800
2014 $4,090 $472,800 $152,000 $320,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203375

Cape May County Association of REALTORS®

APN: 02-01053-0000-00002-0000-C-504