NOT LISTED FOR SALE

245 Ludlam Ln Cape May, NJ 08204

Estimated Value: $447,000 - $617,000

3 Beds
2 Baths
1,848 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $206,500 $112 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,165/month

56 Days on Market

Highlights

  • Deck
  • Workshop
  • Walk-In Closet
  • Cathedral Ceiling
  • Interior Lot
  • Living Room

About This Home

As of June 2017

Seller acquired the property through foreclosure and is unable to make any representations as to condition. All questions should be answered through Buyer's personal inspection. Buyer shall be responsible for all local or state inspections/certifications required in the sale.______ To submit an offer on the property for consideration, click on the following link to submit through RES.NET: RES.NET Property Offer

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 01/19/2017

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Last Buyer's Agent

Heather Grey

CENTURY 21 ALLIANCE - NCM License #1647424

CENTURY 21 ALLIANCE  - NCM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 120x100
  • Interior Lot

Parking

  • Stone Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Workshop
  • Storage In Attic
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 429

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,618

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Mainland
  • District Township: 05-Lower Township
  • Estimated Year Built: 2002
  • New Construction: No
  • Second Address Number: 245
  • Listing Office2: 612
  • Lot Size2: 120x100
  • Price per Sq Ft: 111.74
  • Selling Agent1: 4669
  • Selling Office1: 28
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2002

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator
  • Interior Amenities: Cathedral Ceilings, Walk in Closet, Wall to Wall Carpet, Laminate Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space, Inside Entrance
  • Estimated Living Sq Ft: 1848
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Workshop, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • House Color: Tan
  • Outside Features: Deck, Outside Shower

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 3
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 208300

Tax Info

  • Taxes: 3618.17
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2016
Sold by
Hollenback Lori and Hollenback Mr
Bought by
Bayview Loan Servicing Llc
Current Estimated Value
$527,724

Purchase Details

Closed on
Aug 25, 2008
Sold by
Yeager Scott J and Yeager Marie
Bought by
Hollenback Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,119
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2002
Sold by
Greenpoint Mtg Funding Inc
Bought by
Yeager Marie

Purchase Details

Closed on
Oct 9, 1997
Sold by
Trinkle Charles C
Bought by
Mullen Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.46%
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
Bayview Loan Servicing Llc -- None Available
Hollenback Lori $240,000 The Title Company Of Jersey
Yeager Marie $21,000 --
Mullen Martin $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomes John N $202,759
Previous Owner Hollenback Lori $238,119
Previous Owner Yeager Marie $50,000
Previous Owner Mullen Martin $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $206,500 -1.6% $112 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $209,900 -- $114 / 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 $4,239 $208,300 $68,000 $140,300
2024 $4,239 $208,300 $68,000 $140,300
2023 $4,174 $208,300 $68,000 $140,300
2022 $4,047 $208,300 $68,000 $140,300
2021 $3,916 $208,300 $68,000 $140,300
2020 $3,858 $208,300 $68,000 $140,300
2019 $3,754 $208,300 $68,000 $140,300
2018 $3,666 $208,300 $68,000 $140,300
2017 $3,668 $208,300 $68,000 $140,300
2016 $3,618 $208,300 $68,000 $140,300
2015 $3,502 $208,300 $68,000 $140,300
2014 $3,387 $208,300 $68,000 $140,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174217

Cape May County Association of REALTORS®

APN: 05-00429-0000-00003