NOT LISTED FOR SALE

936 Lafayette St Unit 2 Cape May, NJ 08204

Estimated Value: $1,101,000 - $1,434,000

3 Beds
4 Baths
1,532 Sq Ft
$792/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $1,150,000 $751 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,218/month

75 Days on Market

Highlights

  • Contemporary Architecture
  • 90% Forced Air Heating and Cooling System
  • 2-minute walk to Cape May Kiwanis Community Park
  • 1 Car Attached Garage
  • Property is in excellent condition

About This Home

As of September 2024

This stunning Quinn’s Court townhouse is one of only six exclusive units, conveniently located within walking distance to the town center and a short bike ride to the beach. Expertly built by WKR Construction Company in 2004, this townhouse is in like-new condition showcasing exceptional quality craftsmanship.
The main level boasts an open space that includes a designer kitchen, a gas fireplace, a living room, a dining room, and a powder room. The modern kitchen is equipped with quartz countertops, stainless steel appliances, a 5-burner gas range, and a stylish slate floor. The dining and living areas are highlighted by elegant hardwood floors and a cozy gas fireplace for chilly evenings. Additionally, you can enjoy the luxury of the private deck.
The top level features a primary suite with stylish decor, a private deck and an en suite bath, two additional bedrooms, one also with a private deck and a full bath.
On the ground level, you'll find a versatile den or 4th bedroom with a half bath and the washer and dryer closet. Additional amenities include a spacious one-car garage and professionally landscaped surroundings that enhance the quaint setting. Each unit boasts its own outdoor shower, perfect for rinsing off after a day at the beach.
Recent upgrades by the association include new roofs, ensuring peace of mind and added value to this already charming property.
For your convenience, the property is being sold with furnishings except personal items. We invite you to visit this exceptional property.

Last Agent to Sell the Property

Gail Wilsey-Morrison, CRS, ABR

(609) 884-1007 Gail.Wilsey-Morrison@LongandFoster.com Long & Foster Real Estate, Inc. License #9807643 Listed on: 05/24/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

NON MEMBER

NONMEM

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,908

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 149.00 x 0.00
  • Property is in excellent condition

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,532 Sq Ft Home
  • Property has 3 Levels
  • Partially Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Flood Risk

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 02-01094-00012-C-2

Community Details

Overview

  • Association fees include lawn maintenance, insurance, common area maintenance
  • Quinn's Court HOA

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,908

Year Built

Built in 2004

Lot Details

0

HOA Fees

$305 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: Partial Furniture
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: This stunning Quinn’s Court townhouse is one of only six exclusive units, conveniently located within walking distance to the town center and a short bike ride to the beach. Expertly built by WKR Construction Company in 2004, this townhouse is in like-new condition showcasing exceptional quality craftsmanship. The main level boasts an open space that includes a designer kitchen, a gas fireplace, a living room, a dining room, and a powder room. The modern kitchen is equipped with quartz countertops, stainless steel appliances, a 5-burner gas range, and a stylish slate floor. The dining and living areas are highlighted by elegant hardwood floors and a cozy gas fireplace for chilly evenings. Additionally, you can enjoy the luxury of the private deck. The top level features a primary suite with stylish décor, a private deck and an en suite bath, two additional bedrooms, one also with a private deck and a full bath. On the ground level, you'll find a versatile den or 4th bedroom with a half bath and the washer and dryer closet. Additional amenities include a spacious one-car garage and professionally landscaped surroundings that enhance the quaint setting. Each unit boasts its own outdoor shower, perfect for rinsing off after a day at the beach. Recent upgrades by the association include new roofs, ensuring peace of mind and added value to this already charming property. For your convenience, the property is being sold with furnishings except personal items. We invite you to visit this exceptional property.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1532
  • Living Area Sq Ft: 1532
  • Price Per Sq Ft: 740.86
  • Above Grade Finished Sq Ft: 1532
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 936

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 915.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Common Area Maintenance
  • HOA Name: QUINN'S COURT
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAPE MAY
  • School District Key: 300200397179
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 149.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R-3
  • Zoning Description: R-3

Rental Info

  • Furnished: Partially
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5908.00
  • Assessor Parcel Number: 02-01094-00012-C-2
  • Tax Lot: 00012
  • Tax Total Finished Sq Ft: 1532
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/20/2024

MLS Schools

  • School District Name: CAPE MAY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Swaying Palms Llc
Bought by
Web 218 Llc
Current Estimated Value
$1,213,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,673,100
Outstanding Balance
$1,652,074
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$438,449

Purchase Details

Listed on
Feb 15, 2017
Closed on
Apr 9, 2018
Sold by
Lomanno Mark and Lomanno Sally
Bought by
Swaying Palms Llc
Seller's Agent
Barry Bruno
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Gail Wilsey-Morrison, CRS, ABR
LONG & FOSTER REAL ESTATE, INC cm
List Price
$612,000
Sold Price
$540,000
Premium/Discount to List
-$72,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$437,245
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Lafayette & Madison Llc
Bought by
Lomanno Mark and Lomanno Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Web 218 Llc -- None Listed On Document
Web 218 Llc -- None Listed On Document
Swaying Palms Llc $540,000 --
Lomanno Mark $599,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Web 218 Llc $1,673,100
Closed Web 218 Llc $1,673,100
Previous Owner Swaying Palms Llc $437,245
Previous Owner Lafayette & Madison Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $1,150,000 +1.3% $751 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $1,135,000 -4.2% $741 / Sq Ft
05/24/2024 05/24/24 For Sale $1,185,000 +119.4% $773 / Sq Ft
04/13/2018 04/13/18 Sold $540,000 -11.8% $338 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/15/2017 02/15/17 For Sale $612,000 -- $383 / Sq Ft
Source: Bright MLS

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 $6,051 $572,500 $264,600 $307,900
2024 $6,051 $572,500 $264,600 $307,900
2023 $6,149 $572,500 $264,600 $307,900
2022 $5,908 $572,500 $264,600 $307,900
2021 $5,828 $572,500 $264,600 $307,900
2020 $5,553 $572,500 $264,600 $307,900
2019 $5,651 $572,500 $264,600 $307,900
2018 $5,330 $572,500 $264,600 $307,900
2017 $5,061 $572,500 $264,600 $307,900
2016 $4,763 $572,500 $264,600 $307,900
2015 $4,952 $572,500 $264,600 $307,900
2014 $4,952 $572,500 $264,600 $307,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM2003556

Bright MLS

APN: 02-01094-0000-00012-0000-C-2