NOT LISTED FOR SALE

243 Ludlam Ln Cape May, NJ 08204

Estimated Value: $383,000 - $435,000

1.38 Acres
$296,220 Price per Acre
60,113 Sq Ft Lot

Last Sold November 16, 2018

Last sale price $56,000

Est. 630% increase in value since last sale

Current estimated payment $2,499/month

134 Days on Market

About This Lot

As of November 2018

Seller is a NJ Licensed Sales Agent.

Last Agent to Sell the Property

Daneen Zeigler

CENTURY 21 ALLIANCE wc License #1220945 Listed on: 06/26/2018

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

Marguerite Byron-Alosi

HOFFMAN AGENCY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,860

Lot Details

  • Lot Dimensions are 60x100
  • Cleared Lot
  • Property is zoned R3

Utilities

  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 429 / 2

Property Details

Property Type

Land

Est. Annual Taxes

$1,860

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Cleared Lot, Mainland
  • District Township: 05-Lower Township
  • Second Address Number: 243
  • Lot Size2: 60x100
  • Selling Agent1: 2041
  • Selling Office1: 42
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 60

Lot Info

  • Lot Number: 429
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R3
  • Improvements: Paved Road, Gas, Electric, Water, Sewer, Cable TV
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 1859.62
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Brown Marisa G
Bought by
Brown Marisa G and Kircher Bernard
Current Estimated Value
$408,784

Purchase Details

Closed on
May 11, 2019
Sold by
Conn Dennis
Bought by
Brown Marisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 26, 2018
Closed on
Nov 16, 2018
Sold by
Sj Design Group Llc
Bought by
Conn Dennis
Seller's Agent
Daneen Zeigler
CENTURY 21 ALLIANCE wc
Buyer's Agent
Marguerite Byron-Alosi
HOFFMAN AGENCY
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.31%

Purchase Details

Listed on
Aug 22, 2016
Closed on
Jan 20, 2017
Sold by
Fannie Mae
Bought by
Sj Design Group Llc
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$79,900
Sold Price
$33,500
Premium/Discount to List
-$46,400
-58.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.46%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 22, 1987
Bought by
Tanghare Tony and Tanghare Lynne
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brown Marisa G -- Shore Title
Brown Marisa G $175,000 --
Conn Dennis $56,000 --
Sj Design Group Llc $33,500 Shore Title Agency Inc
Federal National Mortgage Association -- None Available
Tanghare Tony $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Marisa $171,008
Previous Owner Brown Marisa G $171,830
Previous Owner Tanghare Tony $171,000
Previous Owner Tanghare Tony $9,500
Previous Owner Tanghare Lynne M $16,216
Previous Owner Tanghare Tony $152,000
Previous Owner Tanghare Tony $127,854
Closed Federal National Mortgage Association --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $56,000 -6.5% --
11/07/2018 11/07/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $59,900 +78.8% --
02/03/2017 02/03/17 Sold $33,500 -58.1% $43 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
08/22/2016 08/22/16 For Sale $79,900 -- $103 / 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 $3,854 $189,400 $68,000 $121,400
2024 $3,854 $189,400 $68,000 $121,400
2023 $3,796 $189,400 $68,000 $121,400
2022 $3,680 $189,400 $68,000 $121,400
2021 $3,561 $189,400 $68,000 $121,400
2020 $3,508 $189,400 $68,000 $121,400
2019 $1,225 $68,000 $68,000 $0
2018 $1,197 $68,000 $68,000 $0
2017 $1,860 $105,600 $68,000 $37,600
2016 $1,834 $105,600 $68,000 $37,600
2015 $1,775 $105,600 $68,000 $37,600
2014 $1,717 $105,600 $68,000 $37,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Daneen Zeigler

    CENTURY 21 ALLIANCE wc

    (609) 741-9016

    Daneen Zeigler
    Section Image

  • M

    Buyer's Agent in 2018

    Marguerite Byron-Alosi

    HOFFMAN AGENCY

    (609) 425-0964

    2 in this area

    73 Total Sales

    Marguerite Byron-Alosi
    Section Image

  • E

    Seller's Agent in 2017

    Edward Augsberger

    COASTAL ELITE REALTY

    (609) 338-1189

    12 in this area

    148 Total Sales

    Edward Augsberger
    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 182651

Cape May County Association of REALTORS®

APN: 05-00429-0000-00002

New Jersey Cape May County Cape May 08204

243 Ludlam Ln, Cape May, NJ

This home is located at 243 Ludlam Ln, Cape May, NJ 08204 since 26 June 2018 and is currently estimated at $408,784. 243 Ludlam Ln is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.

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