NOT LISTED FOR SALE

508 Broad St Cape May, NJ 08204

Estimated Value: $992,000 - $2,040,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 06, 2017

Last sale price $799,000

Est. 72% increase in value since last sale

Current estimated payment $7,773/month

69 Days on Market

Highlights

  • The property is located in a historic district
  • Cathedral Ceiling
  • Great Room
  • Deck
  • Wood Flooring
  • 2-minute walk to Cape May Rotary Park

About This Home

As of June 2017

The second floor Master bedroom has a cathedral ceiling, balcony and a bathroom with a double vanity. Three other nice sized bedrooms, a bathroom with tub and laundry closet complete the second floor. The outside landscaping is beautiful with the paver driveway, walkway and patio. The "man cave" is a special treat for the Buyer of this home! Seldom does a single family home so complete come on the market in this price range. Your clients will be thrilled to hear about this one!

Last Agent to Sell the Property

James Zeitler

JERSEY CAPE REALTY Listed on: 09/14/2016

Last Buyer's Agent

Gail Wilsey-Morrison, CRS, ABR

LONG & FOSTER REAL ESTATE, INC cm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,180

Lot Details

  • 4,792

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Room
  • Storage
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Lot Dimensions are 48 x 72
  • The property is located in a historic district

Listing and Financial Details

  • Legal Lot and Block 3 / 1053

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,180

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Historical District
  • District Township: 02-Cape May City
  • Near: Center of Town
  • Also Includes: Drapes, Curtains, Blinds
  • New Construction: No
  • Second Address Number: 508
  • Lot Size2: 48 x 72
  • Selling Agent1: 432
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Kitchen, Great Room, Storage Attic, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Outside Features: Patio, Deck, Porch, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 2 Car, See Remarks

Utilities

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

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2017
Sold by
Patterson Matthew
Bought by
Dellaposta Properties Llc
Current Estimated Value
$1,373,630

Purchase Details

Listed on
Mar 20, 2015
Closed on
Nov 5, 2015
Sold by
Cape Real Estate Developers Llc
Bought by
Patterson Matthew
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$699,900
Sold Price
$699,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Oct 16, 2014
Sold by
Major Darlene A
Bought by
Cape Real Estate Developers

Purchase Details

Closed on
Oct 1, 2003

Purchase Details

Closed on
Jun 12, 2003
Sold by
Mcnair Paula Mae
Bought by
Major Bertha and Major Darlene
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
Dellaposta Properties Llc $799,000 Mutual Title Agency Inc
Patterson Matthew $699,900 Fidelity National Title
Cape Real Estate Developers $215,000 Seaboard Title Agency
-- -- --
Major Bertha -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2017 06/06/17 Sold $799,000 -2.4% --
05/07/2017 05/07/17 Pending -- -- --
09/14/2016 09/14/16 For Sale $819,000 +17.0% --
11/05/2015 11/05/15 Sold $699,900 0.0% -- View Prior Sale
10/06/2015 10/06/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $699,900 -- --
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 $6,829 $646,100 $233,900 $412,200
2024 $6,829 $646,100 $233,900 $412,200
2023 $6,939 $646,100 $233,900 $412,200
2022 $6,668 $646,100 $233,900 $412,200
2021 $4,902 $646,100 $233,900 $412,200
2020 $6,267 $646,100 $233,900 $412,200
2019 $6,377 $646,100 $233,900 $412,200
2018 $6,015 $646,100 $233,900 $412,200
2017 $5,712 $646,100 $233,900 $412,200
2016 $4,180 $502,400 $233,900 $268,500
2015 $2,023 $233,900 $233,900 $0
2014 $2,023 $233,900 $233,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172382

Cape May County Association of REALTORS®

APN: 02-01053-0000-00003