NOT LISTED FOR SALE

847 Broadway Unit 7 West Cape May, NJ 08204

Estimated Value: $1,112,200 - $1,642,000

3 Beds
3 Baths
2,124 Sq Ft
$611/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $730,000 $344 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,018/month

7 Days on Market

Highlights

  • Island Location
  • Wood Flooring
  • Den
  • West Cape May Elementary School Rated A
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of March 2021

Buyer will be responsible Projected one time assessment of $300 for the independent well (new pump) to feed a multi-zone sprinkler system. All agents and potential buyers must wear mask and follow COVID-19 protocol while viewing the home. Home is “Owner occupied” advance appointment is required but it can easily be arranged. Please note NO Showings on MON-WED.

Last Agent to Sell the Property

Heijung Park-Colameco

JERSEY CAPE REALTY License #0567325 Listed on: 02/03/2021

Last Buyer's Agent

Gloria Gregg

Coldwell Banker Sol Needles Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 2016

Lot Details

  • 1,002

HOA Fees

  • $361 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,124 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Den
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • 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

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 26

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,872

Year Built

Built in 2016

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Island
  • District Township: 12-West Cape May
  • Also Includes: Shades, Blinds, Other (See Remarks)
  • Estimated Year Built: 2016
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 847
  • Price per Sq Ft: 343.69
  • Selling Agent1: 5634
  • Selling Office1: 72
  • 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, Wine Cooler
  • 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, Storage Space

Garage/Parking

  • Parking: Garage, 1 Car, Attached, Other

Utilities

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

Condo/Co-op/Association

  • Unit: 7
  • Common Area Features: Pool
  • Condo Fees: 1083.69
  • Unit Features: Kitchen Center Island, Walk-In/Cedar Closet, Hardwood Floors, Wall To Wall Carpet, Foyer
  • Unit Location: Other (See Remarks)

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 5872.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 26, 2021
Sold by
Makowicz Mitchell J and Makowicz J S
Bought by
Cappelo Ernesto and Cappelo Lindsay
Seller's Agent
Heijung Park-Colameco
JERSEY CAPE REALTY
Buyer's Agent
Gloria Gregg
Coldwell Banker Sol Needles Real Estate
List Price
$715,000
Sold Price
$730,000
Premium/Discount to List
$15,000
2.1%
Current Estimated Value
$1,297,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,550
Avg. Annual Appreciation
13.49%
Original Mortgage
$547,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2016
Sold by
Lawrence A Pray Builders Inc
Bought by
Makowicz Jr Mitchell and Makowicz Jr Jacqueline
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
Cappelo Ernesto $730,000 None Available
Makowicz Jr Mitchell $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cappelo Ernesto $547,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $730,000 +2.1% $344 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $715,000 -- $337 / 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 $5,994 $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

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210431

Cape May County Association of REALTORS®

APN: 12-00026-0000-00001-0000-C07