NOT LISTED FOR SALE

Estimated Value: $934,000 - $1,187,000

2 Beds
1 Bath
900 Sq Ft
$267/mo HOA Fee

Last Sold January 10, 2020

Last sale price $525,000 $583 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,253/month

23 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Cathedral Ceiling
  • Stone Harbor Elementary School Rated A
  • Island Location
  • 4-minute walk to Stone Harbor Recreation Department

About This Home

As of January 2020

Lockbox located at front entrance railing. When entering the unit apply some pressure to the door when opening.

Last Agent to Sell the Property

Carolanne Helverson

RE/MAX SURFSIDE - WC License #8330878 Listed on: 10/13/2019

Co-Listed By

Robert Helverson

RE/MAX At The Shore

Last Buyer's Agent

Maureen McCormick

Coldwell Banker James C Otton Real Estate

Coldwell Banker James C Otton Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,829

Lot Details

  • 6,621

HOA Fees

  • $267 Monthly HOA Fees

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

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 71 / 98

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,829

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island, Water View
  • District Township: 10-Stone Harbor
  • Near: Best Shopping area in CMC
  • Also Includes: Blinds, Furniture
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Capital Contribution: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit #3
  • Second Address Number: 204
  • Listing Office2: 266
  • Price per Sq Ft: 583.33
  • Selling Agent1: 346
  • Selling Office1: 60
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 900
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 2 Car, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: #3
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 267/mon
  • Unit Features: Wall To Wall Carpet, Cathedral Ceiling
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 71
  • Total Assessment: 512600

Tax Info

  • Taxes: 2829
  • Tax Year: 2018-2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2019
Closed on
Jan 10, 2020
Sold by
Depaoli Michael E
Bought by
Weir Robert B and Weir Nancy
Seller's Agent
Carolanne Helverson
RE/MAX SURFSIDE - WC
Buyer's Agent
Maureen McCormick
Coldwell Banker James C Otton Real Estate
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Current Estimated Value
$1,034,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,811
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Jun 8, 2016
Sold by
Depaoli Arley and Depaoli Timothy W
Bought by
Depaoli Arley

Purchase Details

Closed on
Feb 16, 2006
Sold by
Depaoli Michael E and Depaoli Arley
Bought by
Depaoli Arley

Purchase Details

Closed on
May 28, 2003
Sold by
Depaoli & Associates Inc
Bought by
Depaoli Michael E and Depaoli Arley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1999
Sold by
O'Keefe Michael J
Bought by
Depaoli Michael E and Depaoli Arley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.86%

Purchase Details

Closed on
Dec 4, 1997
Sold by
Thompson Theodore W
Bought by
O'Keefe Michael J and O'Keefe Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.28%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Weir Robert B $525,000 None Available
Depaoli Arley -- None Available
Depaoli Arley -- None Available
Depaoli Michael E -- None Available
Depaoli Michael E -- --
Depaoli Michael E $275,000 --
O'Keefe Michael J $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Depaoli Michael E $215,100
Previous Owner Depaoli Michael E $220,000
Previous Owner O'Keefe Michael J $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $525,000 -1.9% $583 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/13/2019 10/13/19 For Sale $535,000 -- $594 / 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 $3,834 $512,600 $397,700 $114,900
2024 $3,834 $512,600 $397,700 $114,900
2023 $3,768 $512,600 $397,700 $114,900
2022 $3,547 $512,600 $397,700 $114,900
2021 $3,363 $512,600 $397,700 $114,900
2020 $3,127 $512,600 $397,700 $114,900
2019 $2,937 $512,600 $397,700 $114,900
2018 $2,830 $512,600 $397,700 $114,900
2017 $2,968 $534,800 $347,000 $187,800
2016 $2,861 $534,800 $347,000 $187,800
2015 $2,808 $534,800 $347,000 $187,800
2014 $2,770 $534,800 $347,000 $187,800
Source: Public Records

Agents Affiliated with this Home

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Source: Cape May County Association of REALTORS®

MLS Number: 190074

Cape May County Association of REALTORS®

APN: 10-00098-03-00071-01-C0003