NOT LISTED FOR SALE

402 George St Cape May, NJ 08204

Estimated Value: $791,000 - $1,028,000

4 Beds
3 Baths
3,138 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $517,000 $165 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,660/month

20 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Cul-De-Sac
  • Cathedral Ceiling
  • Den
  • Enclosed patio or porch

About This Home

As of October 2020

Sale is Contingent upon Owner finding suitable housing.

Last Agent to Sell the Property

Lisa Bassett, GRI

FARRELL REALTY License #9231632 Listed on: 07/30/2020

Last Buyer's Agent

Stacy Hutchinson

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,538

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 3,138 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 497.01 / 24.12

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,538

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cul-de-sac
  • District Township: 05-Lower Township
  • Near: Shunpike Road
  • Also Includes: Blinds
  • Estimated Year Built: 2004
  • New Construction: No
  • Second Address Number: 402
  • Lot Size2: 1 acre
  • Price per Sq Ft: 164.75
  • Selling Agent1: 3720
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Full, Outside Entrance, Masonry Floors/Wall
  • Estimated Living Sq Ft: 3138
  • Other Rooms: Living Room, Dining Room, Den/TV Room, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • House Color: Clay
  • Outside Features: Enclosed/Covered Patio, Cable TV, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener, Black Top Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 497.01
  • Lot Size: 1/4 to 1 Acre
  • Zoning: res

Tax Info

  • Taxes: 8538
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 7, 2020
Sold by
Raeder Richard and Rader Teresa
Bought by
Lawler Thomas P and Lawler Karen E
Seller's Agent
Lisa Bassett, GRI
FARRELL REALTY
Buyer's Agent
Stacy Hutchinson
deSatnick Real Estate LLC - Cape May
List Price
$524,900
Sold Price
$517,000
Premium/Discount to List
-$7,900
-1.51%
Current Estimated Value
$886,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,944
Avg. Annual Appreciation
11.25%
Original Mortgage
$413,600
Outstanding Balance
$370,556
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$495,678

Purchase Details

Closed on
Oct 30, 2002
Sold by
Ltgs Llc
Bought by
Rader Richard and Rader Teresa
Source: Public Records

Range of Values:

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Average Value
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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
Lawler Thomas P $517,000 Misc Company
Rader Richard $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawler Thomas P $413,600
Previous Owner Rader Richard $533,800
Previous Owner Rader Richard $207,000
Previous Owner Rader Richard $150,000
Previous Owner Rader Richard $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $517,000 -1.5% $165 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $524,900 -- $167 / 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 $9,642 $509,300 $154,400 $354,900
2024 $9,642 $473,800 $154,400 $319,400
2023 $9,495 $473,800 $154,400 $319,400
2022 $9,206 $473,800 $154,400 $319,400
2021 $8,907 $473,800 $154,400 $319,400
2020 $8,775 $473,800 $154,400 $319,400
2019 $8,538 $473,800 $154,400 $319,400
2018 $8,339 $473,800 $154,400 $319,400
2017 $8,344 $473,800 $154,400 $319,400
2016 $8,230 $473,800 $154,400 $319,400
2015 $7,965 $473,800 $154,400 $319,400
2014 $7,704 $473,800 $154,400 $319,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202654

Cape May County Association of REALTORS®

APN: 05-00497-01-00024-12