$410,000
SOLD MAY 5, 2017

904 Lafayette St Unit 904 Cape May, NJ 08204

3 Beds
2 Baths
-- Sq Ft
2,526 Sq Ft Lot

Recently Sold

4% Below List Price

3 Days on Market

Highlights

  • Island Location
  • Building Patio
  • Laundry Room
  • Furnished
  • Living Room
  • 4-minute walk to Cape May Kiwanis Community Park

About This Home

As of October 2021

condo fee includes trash, landscaping and insurance

Last Agent to Sell the Property

William Kurtz

Coldwell Banker Sol Needles Real Estate Listed on: 04/02/2017

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,806

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Assigned Parking

Location

  • Island Location

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 / 1094

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,806

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Island
  • District Township: 02-Cape May City
  • Also Includes: Shades, Blinds, Rugs, Furniture
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • Second Address Number: 904
  • Selling Agent1: 476
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room

Garage/Parking

  • Parking: Parking Pad, 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: 904
  • Common Area Features: Patio, Deck/Porch, Cable TV
  • Condo Fees: 806.09 qtr
  • Unit Features: Tile Floors
  • Unit Location: Top Floor

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 2805.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Oct 20, 2021
Sold by
Tertel Jeffrey M and Mortensen Kristin
Bought by
Masterson Robert M and Masterson Loretta P
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Edward Connolly
COASTLINE REALTY, LLC
List Price
$724,000
Sold Price
$630,000
Premium/Discount to List
-$94,000
-12.98%
Current Estimated Value
$846,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,633
Avg. Annual Appreciation
9.62%
Original Mortgage
$504,000
Outstanding Balance
$461,591
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$435,742

Purchase Details

Listed on
Apr 2, 2017
Closed on
May 5, 2017
Sold by
Cataldo Gaetano T and Iliopulos Ioanna M
Bought by
Tertel Jeffrey M and Mortensen Kristin C
Seller's Agent
William Kurtz
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$328,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2016
Closed on
Dec 22, 2016
Sold by
Hoffman Bernice M
Bought by
Cataldo Gaetano T and Iliopulos Ioanna M
Seller's Agent
Kate Weber
JERSEY CAPE REALTY
List Price
$292,000
Sold Price
$275,000
Premium/Discount to List
-$17,000
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
194.30%

Purchase Details

Closed on
Aug 6, 2004
Sold by
Wspl Associates Llc
Bought by
Hoffman Walter B and Hoffman Bernice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2003
Sold by
Chew Dagmer
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
$287,000
Interest Rate
5.28%

Purchase Details

Closed on
Oct 2, 2000
Sold by
Elwell Gary R
Bought by
Chew Dagmer and Chew Russell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.96%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $630,000 None Available
Deed $410,000 None Available
Deed $275,000 None Available
Bargain Sale Deed $325,000 First American Title Ins Co
Deed $410,000 --
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $504,000 Purchase Money Mortgage
Closed $504,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $328,000 New Conventional
Previous Owner $135,000 Purchase Money Mortgage
Previous Owner $287,000 No Value Available
Previous Owner $139,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $630,000 -13.0% $431 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $724,000 +76.6% $495 / Sq Ft
05/05/2017 05/05/17 Sold $410,000 -3.5% --
04/05/2017 04/05/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $425,000 +54.5% --
12/22/2016 12/22/16 Sold $275,000 -5.8% --
11/22/2016 11/22/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $292,000 -- --
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 $3,571 $337,800 $261,500 $76,300
2024 $3,571 $337,800 $261,500 $76,300
2023 $3,628 $337,800 $261,500 $76,300
2022 $3,486 $337,800 $261,500 $76,300
2021 $3,439 $337,800 $261,500 $76,300
2020 $3,277 $337,800 $261,500 $76,300
2019 $3,334 $337,800 $261,500 $76,300
2018 $3,145 $337,800 $261,500 $76,300
2017 $2,981 $337,200 $261,500 $75,700
2016 $2,806 $337,200 $261,500 $75,700
2015 $2,917 $337,200 $261,500 $75,700
2014 $2,917 $337,200 $261,500 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175526

Cape May County Association of REALTORS®

APN: 02-01094-0000-00001-0000-C-904