NOT LISTED FOR SALE

902 Ocean Dr Unit 1501 Cape May, NJ 08204

Lower Area

Estimated Value: $696,000 - $753,000

2 Beds
2 Baths
1,165 Sq Ft
1,176 Sq Ft Lot

Sale Details

Date Sold: May 18, 2023

Last sale price $575,000 $494 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,926 / mo

31 Days on Market

Highlights

  • Pool View
  • Community Pool
  • Fireplace
  • Ground Level Unit
  • Tennis Courts
  • Living Room

About This Home

As of May 2023

This home is being sold unfurnished. The refrigerator is not included in the sale of the home.

Last Agent to Sell the Property

Kate Weber

JERSEY CAPE REALTY License #1429962 Listed on: 03/01/2023

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,006

Year Built

  • Built in 2005

Lot Details

  • 1,176

HOA Fees

  • $462 Monthly HOA Fees

Interior Spaces

  • 1,165 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Storage Room
  • Pool Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Driveway
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 823

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,006

Year Built

Built in 2005

Lot Details

1,176 Sq Ft Lot

HOA Fees

$462 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • District Township: 05-Lower Township
  • Also Includes: Drapes, Curtains, Shades
  • Estimated Year Built: 2005
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Estimated Living Sq Ft: 1165
  • Other Rooms: Living Room, Dining Room, Kitchen, Dining Area, Storage Space

Garage/Parking

  • Parking: Garage, 1 Car, Assigned Parking, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Storage Facilities, Pool, Tennis Court, Other (See Remarks)
  • Condo Fees: 1384.50
  • Unit Features: Fireplace
  • Unit Location: First Floor, Pool View

Lot Info

  • Lot Number: 3

Tax Info

  • Taxes: 6005.81
  • Tax Year: 2022

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 18, 2023
Sold by
Bought by
Seller's Agent
Kate Weber
JERSEY CAPE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$612,900
Sold Price
$575,000
Premium/Discount to List
-$37,900
-6.18%
Views
328
Current Estimated Value
$729,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,602
Avg. Annual Appreciation
7.85%
Source: Public Records

Range of Values:

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

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
$575,000 The Title Company
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/18/2023 05/18/23 Sold $575,000 -6.2% $494 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $612,900 -- $526 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax 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.

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
2026 $6,290 $309,100 $114,000 $195,100
2025 $6,290 $309,100 $114,000 $195,100
2024 $6,290 $309,100 $114,000 $195,100
2023 $6,194 $309,100 $114,000 $195,100
2022 $6,006 $309,100 $114,000 $195,100
2021 $5,570 $309,100 $114,000 $195,100
2020 $5,725 $309,100 $114,000 $195,100
2019 $5,570 $309,100 $114,000 $195,100
2018 $5,440 $309,100 $114,000 $195,100
2017 $5,443 $309,100 $114,000 $195,100
2016 $5,369 $309,100 $114,000 $195,100
2015 $5,196 $309,100 $114,000 $195,100
2014 $5,026 $309,100 $114,000 $195,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kate Weber

    JERSEY CAPE REALTY

    23 Total Sales

    Kate Weber
    Section Image

  • N

    Buyer's Agent in 2023

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 230512

Cape May County Association of REALTORS®

APN: 05-00823-01-00003-0000-C1501

New Jersey Cape May County Cape May 08204

902 Ocean Dr Unit 1501, 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.