NOT LISTED FOR SALE

725 Broadway Cape May, NJ 08204

Estimated Value: $1,096,000 - $1,255,000

3 Beds
2 Baths
1,700 Sq Ft
$684/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $800,000 $471 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,733/month

25 Days on Market

Highlights

  • Island Location
  • Deck
  • Cathedral Ceiling
  • West Cape May Elementary School Rated A
  • Contemporary Architecture
  • 1 Car Attached Garage

About This Home

As of January 2022

The lot is irregular shaped, and is approximately 5,700 square feet.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 10/28/2021

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Last Buyer's Agent

Edward Mahaney Jr

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 1700

Lot Details

  • 1.15

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Storage
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Property is zoned C-1
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 10.02 / 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,757

Year Built

Built in 1700

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 12-West Cape May
  • Also Includes: Window Treatments
  • Estimated Year Built: 1700
  • New Construction: No
  • Second Address Number: 725
  • Listing Office2: 858
  • Lot Size2: 50x100irr
  • Price per Sq Ft: 470.59
  • Selling Agent1: 1346
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1700

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Storage, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1700
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Contemporary
  • Exterior: Wood
  • Frontage: 50
  • Outside Features: Deck, Cable TV

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached

Utilities

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

Lot Info

  • Lot Number: 10.02
  • Lot Size: 1 to 6000 SqFt
  • Zoning: C-1

Tax Info

  • Taxes: 5757.44
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Jan 6, 2022
Sold by
Boyer Robert A and Boyer Susan K
Bought by
Atkinson Bruce Lloyd and Atkinson Wendy Irene
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Edward Mahaney Jr
COASTLINE REALTY, LLC
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,163,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,646
Avg. Annual Appreciation
10.48%
Original Mortgage
$548,250
Outstanding Balance
$504,883
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$658,763

Purchase Details

Closed on
Nov 1, 2012
Sold by
Boyer Robert A
Bought by
Boyer Robert A and Boyer Susan K

Purchase Details

Closed on
Jul 1, 1997
Sold by
Linnington Johnl
Bought by
Boyer Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.86%

Purchase Details

Closed on
Feb 9, 1995
Sold by
Colameco Michael
Bought by
Linnington John and Linnington Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.18%

Purchase Details

Closed on
Jan 4, 1994
Sold by
Hober Julius C
Bought by
Linnington John L and Linnington Rita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.23%

Purchase Details

Closed on
Dec 23, 1988
Sold by
Jric Inc
Bought by
Hober Julius and Hober Jeanne
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
Atkinson Bruce Lloyd $800,000 Deweese David S
Boyer Robert A -- None Available
Boyer Robert A $159,500 --
Linnington John $350,000 --
Linnington John L $150,000 --
Hober Julius $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkinson Bruce Lloyd $548,250
Previous Owner Boyer Robert A $50,000
Previous Owner Linnington John $300,000
Previous Owner Linnington John L $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2022 01/06/22 Sold $800,000 +0.1% $471 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $799,000 -- $470 / 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 $6,765 $449,800 $276,300 $173,500
2024 $6,765 $449,800 $276,300 $173,500
2023 $6,841 $449,800 $276,300 $173,500
2022 $6,095 $449,800 $276,300 $173,500
2021 $5,757 $449,800 $276,300 $173,500
2020 $5,933 $449,800 $276,300 $173,500
2019 $5,640 $449,800 $276,300 $173,500
2018 $5,690 $449,800 $276,300 $173,500
2017 $5,497 $449,800 $276,300 $173,500
2016 $5,497 $449,800 $276,300 $173,500
2015 $5,168 $449,800 $276,300 $173,500
2014 $5,168 $449,800 $276,300 $173,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214209

Cape May County Association of REALTORS®

APN: 12-00021-0000-00010-02