NOT LISTED FOR SALE

678 Washington St Unit 1 Cape May, NJ 08204

Estimated Value: $739,675 - $960,000

2 Beds
1 Bath
1,082 Sq Ft
6,665 Sq Ft Lot

Last Sold May 03, 2017

Last sale price $286,000 $264 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $4,768/month

1,066 Days on Market

Highlights

  • Island Location
  • Interior Lot
  • Baseboard Heating
  • Eat-In Kitchen
  • Living Room
  • Wall to Wall Carpet

About This Home

As of May 2017

This home is located at 678 Washington St Unit 1, Cape May, NJ 08204 since 14 May 2014 and is currently estimated at $838,669, approximately $775 per square foot. This property was built in 1880. 678 Washington St Unit 1 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

James Cheney

JERSEY CAPE REALTY Listed on: 05/14/2014

Last Buyer's Agent

William Kurtz

Coldwell Banker Sol Needles Real Estate

Coldwell Banker Sol Needles Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1880

Lot Details

  • 6,665

Interior Spaces

  • 1,082 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Location

  • Island Location

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 11.01 / 1058

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,870

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island
  • District Township: 02-Cape May City
  • Near: Mall & Beach
  • Estimated Year Built: 1880
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • OFFICELIST_ADDRESS2: Unit 1
  • Second Address Number: 678
  • Listing Office2: 45
  • Price per Sq Ft: 264.33
  • Selling Agent1: 392
  • Selling Office1: 72
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1880

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer
  • Number Of Stories: Two
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 1082
  • Other Rooms: Living Room, Eat In Kitchen, Other

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Other
  • Heating: Gas Natural, Electric, Baseboard
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 1
  • Condo Fees: 217.36/mo.
  • Unit Features: Wall To Wall Carpet
  • Unit Location: Other (See Remarks)

Lot Info

  • Lot Number: 11.01
  • Total Assessment: 345000

Tax Info

  • Taxes: 2870.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
May 3, 2017
Sold by
Phelan Thomas M and Phelan Elizabeth M
Bought by
Jarrow Charles J and Jarrow Margie J
Seller's Agent
James Cheney
JERSEY CAPE REALTY
Buyer's Agent
William Kurtz
Coldwell Banker Sol Needles Real Estate
List Price
$319,000
Sold Price
$286,000
Premium/Discount to List
-$33,000
-10.34%
Current Estimated Value
$838,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,669
Avg. Annual Appreciation
13.59%
Original Mortgage
$228,800
Outstanding Balance
$190,950
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$647,719

Purchase Details

Closed on
Oct 20, 2006
Source: Public Records

Range of Values:

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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
Jarrow Charles J $286,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarrow Charles J $228,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $286,000 -10.3% $264 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
05/14/2014 05/14/14 For Sale $319,000 -- $295 / 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 $3,647 $345,000 $300,000 $45,000
2024 $3,647 $345,000 $300,000 $45,000
2023 $3,705 $345,000 $300,000 $45,000
2022 $3,560 $345,000 $300,000 $45,000
2021 $3,405 $345,000 $300,000 $45,000
2020 $3,347 $345,000 $300,000 $45,000
2019 $3,405 $345,000 $300,000 $45,000
2018 $3,212 $345,000 $300,000 $45,000
2017 $3,050 $345,000 $300,000 $45,000
2016 $2,870 $345,000 $300,000 $45,000
2015 $2,984 $345,000 $300,000 $45,000
2014 $2,984 $345,000 $300,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 157938

Cape May County Association of REALTORS®

APN: 02-01058-0000-00011-01-C-01