NOT LISTED FOR SALE

401 Second Ave Cape May, NJ 08204

Estimated Value: $1,648,333 - $1,898,000

Studio
-- Bath
1,854 Sq Ft
$949/Sq Ft Est. Value

About This Home

This home is located at 401 Second Ave, Cape May, NJ 08204 and is currently estimated at $1,760,333, approximately $949 per square foot. 401 Second Ave is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Butler Rickey C and Butler Camille B
Bought by
Butler Paris D and Butler Jennifer
Current Estimated Value
$1,760,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,000
Outstanding Balance
$775,427
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$984,906

Purchase Details

Closed on
Nov 10, 2011
Sold by
Butler Paris
Bought by
Butler Rickey C and Butler Camille B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Butler Paris D -- None Listed On Document
Butler Rickey C -- Entitle Direct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Paris D $801,000
Previous Owner Butler Rickey C $184,500
Source: Public Records

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 $6,114 $860,600 $286,200 $574,400
2024 $6,114 $406,500 $286,200 $120,300
2023 $6,183 $406,500 $286,200 $120,300
2022 $5,508 $406,500 $286,200 $120,300
2021 $5,203 $406,500 $286,200 $120,300
2020 $5,362 $406,500 $286,200 $120,300
2019 $5,098 $406,500 $286,200 $120,300
2018 $5,142 $406,500 $286,200 $120,300
2017 $4,967 $406,500 $286,200 $120,300
2016 $4,967 $406,500 $286,200 $120,300
2015 $4,671 $406,500 $286,200 $120,300
2014 $4,671 $406,500 $286,200 $120,300
Source: Public Records

Map

New Jersey Cape May County Cape May 08204

401 Second Ave, Cape May, NJ

Not Listed for Sale

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