NOT LISTED FOR SALE

827 Washington St Unit 201 Cape May, NJ 08204

Estimated Value: $1,377,000 - $1,876,972

4 Beds
3 Baths
-- Sq Ft
0.57 Acres Lot

Sale Details

Date Sold: January 19, 2022

Last sale price $1,501,000

Est. 5% increase in value since last sale

Current estimated payment $9,496 / mo

5 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Elevator
  • Island Location
  • Corner Lot
  • 4-minute walk to Cape May Kiwanis Community Park

About This Home

As of January 2022

The home is utilized as a Vacation Rental and does have an extraordinary rental history available for review upon request from the listing agent. The home is being conveyed furnished, minus the property owner(s) personal exclusions.

Last Agent to Sell the Property

Michael Powers

KELLER WILLIAMS REALTY JERSEY SHORE - AV License #8610395 Listed on: 12/03/2021

KELLER WILLIAMS REALTY JERSEY SHORE - AV

Co-Listed By

Richard Roach

KELLER WILLIAMS REALTY JERSEY SHORE - AV License #0448108

Last Buyer's Agent

Dagmer Chew

HOMESTEAD REAL ESTATE CO. INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,629

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Fenced Yard
  • Interior Lot

HOA Fees

  • $419 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 19 / 1092

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,629

Year Built

Built in 2020 | New Construction

Lot Details

0.57 Acres

HOA Fees

$419 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island, Other
  • District Township: 02-Cape May City
  • Near: Washington Street Mall
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Fireplace Equipment, Other (See Remarks)
  • Estimated Year Built: 2020
  • New Construction: Yes
  • Pet Friendly: Owners allowed pets
  • Listing Office2: 786
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Space, Other

Garage/Parking

  • Parking: Garage, 2 Car, Attached, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Fenced Yard, Storage Facilities, Other (See Remarks)
  • Condo Fees: 418.62
  • Unit Features: Fireplace, Kitchen Center Island, Walk-In/Cedar Closet, Hardwood Floors
  • Unit Location: Corner, Other (See Remarks)

Lot Info

  • Lot Number: 19
  • Total Assessment: 941600

Tax Info

  • Taxes: 7628.92
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 6, 2022
Sold by
Zimmerman Thomas John and Zimmerman Laurie Alexis
Bought by
Fornadel Richard M and Fornadel Joanne
Seller's Agent
Michael Powers
KELLER WILLIAMS REALTY JERSEY SHORE - AV
Buyer's Agent
Dagmer Chew
HOMESTEAD REAL ESTATE CO. INC.
List Price
$1,285,000
Sold Price
$1,501,000
Premium/Discount to List
$216,000
16.81%
Current Estimated Value
$1,578,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,324
Avg. Annual Appreciation
1.16%
Original Mortgage
$975,000
Outstanding Balance
$898,584
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$679,740

Purchase Details

Closed on
Oct 26, 2020
Sold by
Cape Atlantic Group Llc
Bought by
Zimmerman Thomas J and Zemmerman Laure A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Fornadel Richard M $1,501,100 --
Fornadel Richard M $1,501,100 None Listed On Document
Zimmerman Thomas J $825,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Fornadel Richard M $975,000
Closed Fornadel Richard M $975,000
Previous Owner Zimmerman Thomas J $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $1,501,000 +16.8% --
12/08/2021 12/08/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $1,285,000 -- --
Source: Cape May County Association of REALTORS®

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 $7,921 $749,400 $260,000 $489,400
2024 $7,921 $749,400 $260,000 $489,400
2023 $8,049 $749,400 $260,000 $489,400
2022 $7,734 $749,400 $260,000 $489,400
2021 $7,629 $749,400 $260,000 $489,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Powers

    Seller's Agent in 2022

    Michael Powers

    KELLER WILLIAMS REALTY JERSEY SHORE - AV

    (609) 408-4150

    13 in this area

    138 Total Sales

    Michael Powers
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Richard Roach

    KELLER WILLIAMS REALTY JERSEY SHORE - AV

    (609) 425-9812

    11 in this area

    88 Total Sales

    Richard Roach
    Section Image

  • D

    Buyer's Agent in 2022

    Dagmer Chew

    HOMESTEAD REAL ESTATE CO. INC.

    (609) 884-1888

    11 in this area

    51 Total Sales

    Dagmer Chew
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214352

Cape May County Association of REALTORS®

APN: 02 01092-0000-00019-0000-C8272

New Jersey Cape May County Cape May 08204

827 Washington St Unit 201, Cape May, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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