NOT LISTED FOR SALE

244 Ludlam Ln Cape May, NJ 08204

Estimated Value: $387,000 - $496,000

4 Beds
2 Baths
1,566 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $335,000 $214 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,773/month

96 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Patio
  • Cul-De-Sac
  • Interior Lot
  • Living Room

About This Home

As of November 2022

This home is located at 244 Ludlam Ln, Cape May, NJ 08204 since 18 July 2022 and is currently estimated at $465,053, approximately $296 per square foot. 244 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.

Last Agent to Sell the Property

Colleen White

Tim Kerr Sotheby's International Realty License #1005222 Listed on: 07/18/2022

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,275

Lot Details

  • Lot Dimensions are 60x100
  • Cul-De-Sac
  • Interior Lot

Parking

  • Stone Driveway

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • Living Room
  • Storage Room
  • Laundry Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 5 / 428

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,275

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Cul-De-Sac, Inside Lot, Mainland
  • District Township: 05-Lower Township
  • New Construction: No
  • Second Address Number: 244
  • Lot Size2: 60x100
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space, Slab
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Pantry, Laundry/Utility Room, Storage Space, Other

Exterior Features

  • Outside Features: Patio, Deck

Garage/Parking

  • Parking: Stone Driveway

Utilities

  • Separate Meter: Electric, Gas
  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 5
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 3274.96
  • Tax Year: 2021

Multi Family

  • Number Of Units: 2
  • Total Rent: $1350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Nov 30, 2022
Sold by
Nichols Karin M and Nichols Kenneth W
Bought by
Ochok Kelvin O and Wyatt Victoria Jean-Marie
Seller's Agent
Colleen White
Tim Kerr Sotheby's International Realty
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$465,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,053
Avg. Annual Appreciation
9.94%
Original Mortgage
$328,932
Outstanding Balance
$320,681
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$115,740

Purchase Details

Closed on
Oct 1, 2003

Purchase Details

Closed on
Apr 19, 2002
Sold by
Martin Donald
Bought by
Hinderliter Harry P and Hinderliter Diane M

Purchase Details

Closed on
Jul 15, 1988
Sold by
Douglass Glenn and Brenda Et Als
Bought by
Martin Donald Et Als
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
Ochok Kelvin O $335,000 American Title
-- -- --
Hinderliter Harry P $64,000 --
Martin Donald Et Als $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochok Kelvin O $328,932
Previous Owner Nichols Karin M $128,500
Previous Owner Nichols Kenneth W $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $335,000 0.0% $214 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $335,000 0.0% $214 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $335,000 -- $214 / 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 $3,545 $174,200 $68,000 $106,200
2024 $3,545 $174,200 $68,000 $106,200
2023 $3,491 $174,200 $68,000 $106,200
2022 $3,385 $174,200 $68,000 $106,200
2021 $3,275 $174,200 $68,000 $106,200
2020 $3,226 $174,200 $68,000 $106,200
2019 $3,139 $174,200 $68,000 $106,200
2018 $3,066 $174,200 $68,000 $106,200
2017 $3,068 $174,200 $68,000 $106,200
2016 $3,026 $174,200 $68,000 $106,200
2015 $2,928 $174,200 $68,000 $106,200
2014 $2,833 $174,200 $68,000 $106,200
Source: Public Records

Agents Affiliated with this Home

  • Colleen White

    Seller's Agent in 2022

    Colleen White

    Tim Kerr Sotheby's International Realty

    (609) 231-6943

    33 in this area

    70 Total Sales

    Colleen White
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 222278

Cape May County Association of REALTORS®

APN: 05-00428-0000-00005

New Jersey Cape May County Cape May 08204

244 Ludlam Ln, Cape May, NJ

This home is located at 244 Ludlam Ln, Cape May, NJ 08204 since 18 July 2022 and is currently estimated at $465,053, approximately $296 per square foot. 244 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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