NOT LISTED FOR SALE

653 Washington St Cape May, NJ 08204

Estimated Value: $1,896,000 - $2,544,956

11 Beds
8.5 Baths
-- Sq Ft
7,884 Sq Ft Lot

Last Sold March 13, 2020

Last sale price $1,600,000

Est. 39% increase in value since last sale

Current estimated payment $13,088/month

54 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Porch
  • Recreation Room
  • Shades
  • 4-minute walk to Cape May Rotary Park

About This Home

As of March 2020

Welcome to The Blue Rose of Cape May. This stunning Cape May home is of the French Second Empire style boasting 11 guest rooms, 9 full and one half bathroom and is an historic gem you must see. This property was built in the 1880s by the Hughes Family as a grand private residence. This home is being offered as a 2020 vacation rental, renting for $12,000 a week in season. Truly a perfect location for intimate wedding groups, family reunions, company retreats and any other fun event you can think of for a weekend or week away in Cape May. Let’s start with the outside of the property; which hosts a gigantic wrap around porch and sits on picturesque Washington Street which will lead you straight to the Washington Street Mall shopping and area restaurants. The beach is four blocks away. There is parking for 3-4 cars in the driveway. Around back is an enclosed outside shower and a lawn area, anyone up for a game of croquet? As you enter the center hall you will find two gracious living spaces and will never be lacking for relaxing family gathering space. This amazing home has one of the largest dining rooms that I have ever seen, it will fit 25+ guests. At the rear of the home is very large commercial grade chef’s kitchen which is a nice mix of residential and commercial offering: a walk in refrigerator, commercial freezer, multiple dishwashers, commercial stoves and new cabinetry and turn key with plenty of dishes, cutlery, pots, pans and more. Don’t worry about not having eno

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 12/07/2019

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,318

Year Built

  • Built in 1883

Lot Details

  • Lot Dimensions are 75x105
  • Historic Home

Home Design

  • Wood Siding

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Recreation Room
  • Storage

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 11 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Stone or Rock in Basement

Home Security

  • Burglar Security System
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,318

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Historical
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Drapes, Partially Furnished, Rugs, Shades
  • Lvt Date: 12/11/2019
  • Year Built: 1883
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: W/W Carpet, Wood
  • Interior Amenities: Carbon Monoxide Detector, Storage
  • Bedrooms: 11
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Basement: Full, Inside Entrance, Masonry Floor/Wall
  • Other Rooms: Dining Room, Laundry/Utility Room, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Outside Shower, Patio, Porch, Sidewalks
  • Siding Exterior: Wood

Garage/Parking

  • Driveway: Gravel
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned, Wall Units
  • Heating: Baseboard, Gas-Natural, Hot Water, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District
  • Lot Dimensions: 75x105
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2012
Sold by
Muentz Diane K
Bought by
Keatings Blue Rose Llc
Current Estimated Value
$2,220,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Outstanding Balance
$707,583
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$1,512,895
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
Keatings Blue Rose Llc $999,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keatings Blue Rose Llc $1,025,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $1,600,000 -8.6% --
12/07/2019 12/07/19 For Sale $1,750,000 -- --
Source: South Jersey Shore Regional MLS

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 $17,318 $1,638,400 $979,200 $659,200
2024 $17,318 $1,638,400 $979,200 $659,200
2023 $17,596 $1,638,400 $979,200 $659,200
2022 $16,908 $1,638,400 $979,200 $659,200
2021 $14,745 $1,448,400 $979,200 $469,200
2020 $14,049 $1,448,400 $979,200 $469,200
2019 $14,296 $1,448,400 $979,200 $469,200
2018 $13,485 $1,448,400 $979,200 $469,200
2017 $12,804 $1,448,400 $979,200 $469,200
2016 $12,051 $1,448,400 $979,200 $469,200
2015 $12,529 $1,448,400 $979,200 $469,200
2014 $12,529 $1,448,400 $979,200 $469,200
Source: Public Records

Agents Affiliated with this Home

  • Carol Menz

    Seller's Agent in 2020

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    104 in this area

    268 Total Sales

    Carol Menz
    Section Image

  • A

    Buyer's Agent in 2020

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 531345

South Jersey Shore Regional MLS

APN: 02-01059-0000-00010

New Jersey Cape May County Cape May 08204

653 Washington St, Cape May, NJ

This home is located at 653 Washington St, Cape May, NJ 08204 since 07 December 2019 and is currently estimated at $2,220,478. This property was built in 1883. 653 Washington St 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.

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