NOT LISTED FOR SALE

374 Route 9 Unit U Cape May, NJ 08204

Estimated Value: $417,000 - $493,000

3 Beds
2 Baths
1,856 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $229,000 $123 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,963/month

12 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Living Room
  • Cathedral Ceiling
  • Porch
  • Outdoor Storage

About This Home

As of October 2020

This home is located at 374 Route 9 Unit U, Cape May, NJ 08204 since 03 September 2020 and is currently estimated at $454,733, approximately $245 per square foot. This property was built in 1990. 374 Route 9 Unit U is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Last Listed By

Brian Giancola

RE/MAX SURFSIDE Listed on: 09/03/2020

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,701

Year Built

  • 1990

Lot Details

  • Lot Dimensions are 135x238

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 449

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,701

Year Built

1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • New Construction: No
  • Second Address Number: 374
  • Lot Size2: 135X238
  • Selling Agent1: 422
  • Selling Office1: 4
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 9
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Florida Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Porch, Storage Building, Cable TV

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 7
  • Lot Size: 1/4 to 1 Acre

Tax Info

  • Taxes: 4701.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 18, 2020
Sold by
Ott Mae
Bought by
Cespedes Benjamin R and Cespedes Veronica
Seller's Agent
Brian Giancola
RE/MAX SURFSIDE
Buyer's Agent
Theresa L. Senico, ABR,GRI,SRES
deSatnick Real Estate LLC - Lower Township
List Price
$139,000
Sold Price
$229,000
Premium/Discount to List
$90,000
64.75%
Total Days on Market
12
Current Estimated Value
$454,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,733
Avg. Annual Appreciation
16.31%
Original Mortgage
$222,130
Outstanding Balance
$200,351
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$254,382

Purchase Details

Closed on
Oct 25, 1997
Sold by
Douglass Freeman
Bought by
Ott Edward and Ott Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.31%

Range of Values:

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ICE

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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
Cespedes Benjamin R $229,000 Misc Company
Ott Edward $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cespedes Benjamin R $222,130
Previous Owner Ott Edward $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $229,000 +64.7% $123 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $139,000 -- $75 / 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
2024 $5,309 $260,900 $111,400 $149,500
2023 $5,228 $260,900 $111,400 $149,500
2022 $5,069 $260,900 $111,400 $149,500
2021 $4,905 $260,900 $111,400 $149,500
2020 $4,832 $260,900 $111,400 $149,500
2019 $4,701 $260,900 $111,400 $149,500
2018 $4,592 $260,900 $111,400 $149,500
2017 $4,594 $260,900 $111,400 $149,500
2016 $4,532 $260,900 $111,400 $149,500
2015 $4,386 $260,900 $111,400 $149,500
2014 $4,242 $260,900 $111,400 $149,500
Source: Public Records

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Source: Cape May County Association of REALTORS®

MLS Number: 203292

Cape May County Association of REALTORS®

APN: 05-00449-0000-00007