NOT LISTED FOR SALE

847 Broadway Unit 3 West Cape May, NJ 08204

Estimated Value: $1,114,659 - $1,642,000

3 Beds
3 Baths
2,124 Sq Ft
$617/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $700,000 $330 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,087/month

13 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Community Pool
  • West Cape May Elementary School Rated A
  • Great Room
  • Den

About This Home

As of December 2020

Net rental income 2018: $27,469. 2019: $18,566. 2020: $29,093 after real estate office commissions. Turnover cleaning is $150. Condo fee of $4,359.43 for the year is paid quarterly and includes insurance, pool maintenance and landscaping. Seller yearly utilities: Electric $1,090. Gas $434.44. Water/Sewer $839. Seller is working on inventory, there will be a few pieces of furniture not included.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 10/16/2020

Co-Listed By

Ami Menz

COASTLINE REALTY, LLC License #0447526

Last Buyer's Agent

Starr Taylor

LONG & FOSTER REAL ESTATE, INC cm

LONG & FOSTER REAL ESTATE, INC cm

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 2016

Lot Details

  • 1,045

HOA Fees

  • $363 Monthly HOA Fees

Interior Spaces

  • 2,124 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 26

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Building Patio
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,872

Year Built

Built in 2016

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • District Township: 12-West Cape May
  • Also Includes: Curtains, Shades, Blinds, Furniture
  • Estimated Year Built: 2016
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 847
  • Listing Office2: 20
  • Price per Sq Ft: 329.57
  • Selling Agent1: 1384
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Estimated Living Sq Ft: 2124
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Great Room, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Unit: 3
  • Common Area Features: Patio, Cable TV, Outside Shower, Pool
  • Condo Fees: 1090
  • Unit Features: Kitchen Center Island, Walk-In/Cedar Closet, Hardwood Floors, Wall To Wall Carpet, Foyer

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 5872
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 11, 2020
Sold by
Marcy Jean M
Bought by
Rourke Michael W and Rourke Cynthia L
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Starr Taylor
LONG & FOSTER REAL ESTATE, INC cm
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$1,309,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,915
Avg. Annual Appreciation
13.98%
Original Mortgage
$600,000
Outstanding Balance
$541,173
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$750,221
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
Rourke Michael W $700,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rourke Michael W $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $700,000 -6.5% $330 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $749,000 -- $353 / 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 $7,043 $468,300 $200,000 $268,300
2024 $7,043 $468,300 $200,000 $268,300
2023 $7,123 $468,300 $200,000 $268,300
2022 $6,345 $468,300 $200,000 $268,300
2021 $5,989 $468,300 $200,000 $268,300
2020 $6,177 $468,300 $200,000 $268,300
2019 $5,872 $468,300 $200,000 $268,300
2018 $5,924 $468,300 $200,000 $268,300
2017 $5,723 $468,300 $200,000 $268,300
Source: Public Records

Agents Affiliated with this Home

  • Carol Menz

    Seller's Agent in 2020

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    113 in this area

    278 Total Sales

    Section Image
  • Ami Menz

    Seller Co-Listing Agent in 2020

    Ami Menz

    COASTLINE REALTY, LLC

    (609) 884-5006

    42 in this area

    69 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Starr Taylor

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 827-2965

    17 in this area

    33 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204061

Cape May County Association of REALTORS®

APN: 12-00026-0000-00001-0000-C03

New Jersey Cape May County West Cape May 08204

847 Broadway Unit 3, West Cape May, NJ

This home is located at 847 Broadway Unit 3, West Cape May, NJ 08204 since 16 October 2020 and is currently estimated at $1,309,915, approximately $616 per square foot. This property was built in 2016. 847 Broadway Unit 3 is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

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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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