NOT LISTED FOR SALE

902 Lafayette St Unit 902 Cape May, NJ 08204

Estimated Value: $692,000 - $947,000

3 Beds
2 Baths
1,461 Sq Ft
2,614 Sq Ft Lot

Last Sold September 19, 2016

Last sale price $390,000 $267 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,118/month

48 Days on Market

Highlights

  • Island Location
  • Corner Lot
  • Living Room
  • Wood Flooring
  • Breakfast Area or Nook
  • 4-minute walk to Cape May Kiwanis Community Park

About This Home

As of September 2016

Seeing is believing and this condo must be seen! Completely redone, this unit is move-in ready. The kitchen has been remodeled and features all new appliances. A new HVAC system keeps you cool in summer and warm in winter. The living and dining rooms boast hardwood flooring.The bedrooms feature wall to wall carpeting and there are new fixtures in the bathrooms. Custom window treatments are included. This unit has off street parking for 2 vehicles. There is a deck adjacent to a second floor bedroom and an outdoor dining area in the rear of the property. This unit has a well established rental history spanning the past several seasons. There is additional storage in the basement and there are new plumbing pipes throughout. Please call to arrange a showing. Showings will be on Saturdays, 10am to 2pm during the season.

Last Agent to Sell the Property

Edward Connolly

COASTLINE REALTY, LLC License #0560021 Listed on: 07/03/2016

Co-Listed By

Carol Menz

COASTLINE REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1910

Lot Details

  • 2,614

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,461 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1 / 1094

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,914

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Corner, Island
  • District Township: 02-Cape May City
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1910
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1461
  • Other Rooms: Living Room, Dining Room, Kitchen, Breakfast Nook

Garage/Parking

  • Parking: 2 Car

Utilities

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

Condo/Co-op/Association

  • Unit: 902
  • Common Area Features: Cable TV, Outside Shower
  • Condo Fees: $822 per Q
  • Unit Features: Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Corner

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 2914.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2016
Closed on
Sep 24, 2016
Sold by
Atkins Raymond E and Atkins Jennifer L
Bought by
Burlick Matthew and Stinson Taryn
Seller's Agent
Edward Connolly
COASTLINE REALTY, LLC
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$880,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,522
Avg. Annual Appreciation
9.80%
Original Mortgage
$370,500
Outstanding Balance
$301,348
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$594,364

Purchase Details

Closed on
Nov 1, 2010
Sold by
Carlson Dennis and Carlson Karen
Bought by
Atkins Raymond E and Atkins Jennifer L

Purchase Details

Closed on
Apr 10, 2004
Sold by
Wspl Associates Llc
Bought by
Carlson Dennis and Carlson Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Chew Russell A
Bought by
Wspl Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.28%

Purchase Details

Closed on
Nov 16, 2000
Sold by
Hasbay John J
Bought by
Chew Russell A and Chew Dagner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.78%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Johnson Pauline
Bought by
Hassay John and Hassay Mara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.83%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burlick Matthew $390,000 None Available
Atkins Raymond E $282,000 The Title Company Of Jersey
Carlson Dennis $395,000 The Title Company Of Jersey
Wspl Associates Llc $340,000 --
Chew Russell A $123,000 --
Hassay John $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burlick Matthew $370,500
Previous Owner Carlson Dennis $316,000
Previous Owner Wspl Associates Llc $255,000
Previous Owner Chew Russell A $110,000
Previous Owner Hassay John $45,000
Closed Carlson Dennis $39,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $390,000 -1.3% $267 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
07/03/2016 07/03/16 For Sale $395,000 -- $270 / 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 $3,561 $336,900 $261,500 $75,400
2024 $3,561 $336,900 $261,500 $75,400
2023 $3,618 $336,900 $261,500 $75,400
2022 $3,477 $336,900 $261,500 $75,400
2021 $3,430 $336,900 $261,500 $75,400
2020 $3,268 $336,900 $261,500 $75,400
2019 $3,325 $336,900 $261,500 $75,400
2018 $3,137 $336,900 $261,500 $75,400
2017 $2,978 $336,900 $261,500 $75,400
2016 $2,803 $336,900 $261,500 $75,400
2015 $2,914 $336,900 $261,500 $75,400
2014 $2,914 $336,900 $261,500 $75,400
Source: Public Records

Agents Affiliated with this Home

  • Edward Connolly

    Seller's Agent in 2016

    Edward Connolly

    COASTLINE REALTY, LLC

    (609) 602-3089

    7 in this area

    25 Total Sales

    Section Image
  • Carol Menz

    Seller Co-Listing Agent in 2016

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    112 in this area

    278 Total Sales

    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 171128

Cape May County Association of REALTORS®

APN: 02-01094-0000-00001-0000-C-902

New Jersey Cape May County Cape May 08204

902 Lafayette St Unit 902, Cape May, NJ

This home is located at 902 Lafayette St Unit 902, Cape May, NJ 08204 since 03 July 2016 and is currently estimated at $857,089, approximately $586 per square foot. This property was built in 1910. 902 Lafayette St Unit 902 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.

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.

Nearby Homes