NOT LISTED FOR SALE

402 Gorham Ave Cape May, NJ 08204

Estimated Value: $428,000 - $531,000

3 Beds
1 Bath
-- Sq Ft
7,492 Sq Ft Lot

Last Sold August 19, 2015

Last sale price $150,000

Est. 227% increase in value since last sale

Current estimated payment $2,876/month

4 Days on Market

Highlights

  • A-Frame Home
  • 1.5 Car Detached Garage
  • Patio
  • Wood Flooring
  • Interior Lot
  • Living Room

About This Home

As of August 2015

Adorable, move in condition 3 bedroom, 1 bath ranch situated on a very nice 60 x 125 foot lot. Features include, central air, oversize detached garage, hardwoods floor recently re finished, 2 new storm doors, interior completely and recently painted, kitchen cabinets re finished, new stove, new concrete driveway, 5 ceiling fans, vinyl exterior recently power washed, all on a very nice wooded and cleared lot. This home is vacant, easy to show, and is priced to sell. Don't wait to show it !

Last Agent to Sell the Property

Ronald Soldano

BLUE HOMES REAL ESTATE LLC - CMCH License #8936559 Listed on: 07/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,682

Lot Details

  • 7,492

Home Design

  • A-Frame Home
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Patio
  • Interior Lot

Listing and Financial Details

  • Legal Lot and Block 5 / 626

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,682

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Near: Cape May Lewes Ferry
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Area, 1st Floor Master Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch, A Frame
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: Light Yellow
  • Outside Features: Patio, Sidewalks

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 60 x 125
  • Total Assessment: 165100
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 2682.87
  • Assessor Parcel Number: 05006260000000050000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Aug 18, 2015
Sold by
Deeley Raymond F
Bought by
Beatty Gregory E and Beatty Francine
Seller's Agent
Ronald Soldano
BLUE HOMES REAL ESTATE LLC - CMCH
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$489,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,942
Avg. Annual Appreciation
12.38%
Original Mortgage
$120,000
Outstanding Balance
$94,571
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$395,371

Purchase Details

Closed on
Sep 4, 1985
Bought by
Deeley Raymond F
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
Beatty Gregory E $150,000 The Title Company Of Jersey
Deeley Raymond F $37,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatty Gregory E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2015 08/19/15 Sold $150,000 0.0% --
07/20/2015 07/20/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $150,000 -- --
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 $3,348 $165,100 $116,400 $48,700
2024 $3,348 $165,100 $116,400 $48,700
2023 $3,300 $165,100 $116,400 $48,700
2022 $3,200 $165,100 $116,400 $48,700
2021 $3,104 $165,100 $116,400 $48,700
2020 $3,054 $165,100 $116,400 $48,700
2019 $2,978 $165,100 $116,400 $48,700
2018 $2,907 $165,100 $116,400 $48,700
2017 $2,911 $165,100 $116,400 $48,700
2016 $2,866 $165,100 $116,400 $48,700
2015 $2,774 $165,100 $116,400 $48,700
2014 $2,683 $165,100 $116,400 $48,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165139

Cape May County Association of REALTORS®

APN: 05-00626-0000-00005