NOT LISTED FOR SALE

245 Chestnut Ln Cape May, NJ 08204

Lower Area

Estimated Value: $407,000 - $458,000

3 Beds
1 Bath
-- Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: November 1, 2024

Last sale price $387,000

Est. 9% increase in value since last sale

Current estimated payment $2,536 / mo

211 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Carpet
  • Ranch Style House
  • Central Air

About This Home

As of November 2024

TOTALLY RENOVATED RANCH with 3 BR, 1 BA and 2 car attached garage. City water/sewer and low taxes. New exterior & landscaping- New gas heat & HW heater. New kitchen, new flooring, freshly painted. Perfect spot for the shore home close to many destinations in South Jersey. Minutes to the Delaware Bay, Cape May Ferry, and all the beautiful beaches.

Last Agent to Sell the Property

Sharon Palmisciano

BALSLEY/LOSCO Listed on: 02/03/2024

BALSLEY/LOSCO

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.29

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Crawl Space
  • Deck
  • Lot Dimensions are 110x115

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0.29 Acres

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave
  • Flooring: W/W Carpet, Laminate Flooring
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 110x115
  • Lot Size: Less Than One Acre

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Nov 1, 2024
Sold by
Bought by
Seller's Agent
Sharon Palmisciano
BALSLEY/LOSCO
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$415,000
Sold Price
$387,000
Premium/Discount to List
-$28,000
-6.75%
Views
345
Current Estimated Value
$420,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,367
Avg. Annual Appreciation
4.87%
Original Mortgage
$379,990
Interest Rate
0.0622%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2022
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 1989
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$387,000 Shore Title
$154,138 Lindsay Jeffrey R
$82,900 --
$82,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $379,990
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $387,000 -3.0% --
09/01/2024 09/01/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $398,900 -2.7% --
07/16/2024 07/16/24 Price Changed $410,000 -1.2% --
04/25/2024 04/25/24 For Sale $415,000 0.0% --
03/19/2024 03/19/24 Pending -- -- --
02/29/2024 02/29/24 Price Changed $415,000 -1.0% --
02/03/2024 02/03/24 For Sale $419,000 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,953 $172,400 $72,700 $99,700
2025 $2,953 $172,400 $72,700 $99,700
2024 $2,953 $145,100 $72,700 $72,400
2023 $2,908 $145,100 $72,700 $72,400
2022 $2,819 $145,100 $72,700 $72,400
2021 $2,562 $145,100 $72,700 $72,400
2020 $2,687 $145,100 $72,700 $72,400
2019 $2,615 $145,100 $72,700 $72,400
2018 $0 $145,100 $72,700 $72,400
2017 -- $145,100 $72,700 $72,400
2016 -- $145,100 $72,700 $72,400
2015 $2,077 $145,100 $72,700 $72,400
2014 $2,077 $145,100 $72,700 $72,400
Source: Public Records

Agents Affiliated with this Home

  • Sharon Palmisciano

    Seller's Agent in 2024

    Sharon Palmisciano

    BALSLEY/LOSCO

    (609) 703-1358

    48 Total Sales

    Sharon Palmisciano
    Section Image

  • A

    Buyer's Agent in 2024

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 581834

South Jersey Shore Regional MLS

APN: 05-00431-0000-00003

New Jersey Cape May County Cape May 08204

245 Chestnut Ln, Cape May, NJ

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