NOT LISTED FOR SALE

Estimated Value: $849,000 - $906,826

3 Beds
2 Baths
1,326 Sq Ft
$724/mo HOA Fee

Last Sold March 01, 2021

Last sale price $595,000 $449 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,178/month

106 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Clubhouse
  • Property is near a beach
  • Island Location
  • 4-minute walk to Diamond Park

About This Home

As of March 2021

Condo fee is $724 a month. That includes your liability and flood insurances, common maintenance (check out the beautiful grounds.), and water. Sewer is a separate bill. Owners are allowed pets up to 25 pounds. Very easy to show. Call for your personal tour today.

Last Agent to Sell the Property

Joyce Jewell GRI, ePRO

ATLANTIS REALTY License #7845917 Listed on: 09/04/2020

Last Buyer's Agent

colleen bell

RE/MAX COASTAL

RE/MAX COASTAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,623

Year Built

  • Built in 1992

Lot Details

  • 1,307

HOA Fees

  • $724 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Property Views

  • Water
  • Pool

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Building is beachfront but unit may not have water views
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1 / 719

Community Details

Amenities

  • Building Patio
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,623

Year Built

Built in 1992

Lot Details

0

HOA Fees

$724 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island, Water View
  • District Township: 05-Lower Township
  • Near: beach, ocean
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1992
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 9903
  • Price per Sq Ft: 448.72
  • Selling Agent1: 2811
  • Selling Office1: 897
  • OFFICELIST_STATE: NJ
  • Street Designation: Boulevard
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1992

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1326
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Storage Space, 1st Floor Master Bedroom

Garage/Parking

  • Parking: 2 Car, Other

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 707
  • Common Area Features: Elevator, Patio, Storage Facilities, Cable TV, Outside Shower, Pool, Sauna, Whirlpool/Spa, Clubhouse/Clubroom, Tennis Court, Other (See Remarks)
  • Condo Fees: 724
  • Unit Features: Tile Floors
  • Unit Location: Pool View, Top Floor, Water View

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 8622.91
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Mar 1, 2021
Sold by
Badaan Carol
Bought by
Weaver Gerald G and Heldt Cynthia A
Seller's Agent
Joyce Jewell GRI, ePRO
ATLANTIS REALTY
Buyer's Agent
colleen bell
RE/MAX COASTAL
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Total Days on Market
106
Current Estimated Value
$878,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,707
Avg. Annual Appreciation
9.37%
Original Mortgage
$476,000
Outstanding Balance
$431,520
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$439,114

Purchase Details

Closed on
Aug 26, 2013
Sold by
Diminni Jennifer and Badaan Jaime
Bought by
Badaan Carol
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 Buyer Sale Price Title Company
Weaver Gerald G $595,000 Misc Company
Badaan Carol -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Gerald G $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $595,000 -4.8% $449 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $625,000 -- $471 / 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
2024 $9,475 $465,600 $238,700 $226,900
2023 $9,331 $465,600 $238,700 $226,900
2022 $9,047 $465,600 $238,700 $226,900
2021 $8,390 $465,600 $238,700 $226,900
2020 $8,623 $465,600 $238,700 $226,900
2019 $8,390 $465,600 $238,700 $226,900
2018 $8,195 $465,600 $238,700 $226,900
2017 $8,199 $465,600 $238,700 $226,900
2016 $8,087 $465,600 $238,700 $226,900
2015 $7,827 $465,600 $238,700 $226,900
2014 $7,571 $465,600 $238,700 $226,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203343

Cape May County Association of REALTORS®

APN: 05-00719-0000-00001-12-C-707