NOT LISTED FOR SALE

402 Leaming Ave Cape May, NJ 08204

Estimated Value: $483,000 - $576,000

2 Beds
1 Bath
754 Sq Ft
$704/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $269,000 $357 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,204/month

59 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Outdoor Storage
  • Eat-In Kitchen
  • Laundry Room
  • Central Air

About This Home

As of October 2020

The appliances are being supplied by Lowes and are as follows: Amana Dishwasher (#1483293) (ADB1400AGS), GE Gas Range (#784515) (JGBS66REKSS), GE Microwave (#520293) (JVM3160RFSS), LG Refigerator (#1631946) (LTCS20020S). kitchen floor plan and rendering can be found in the Associated Docs.

Last Agent to Sell the Property

April Vanaman

LONG & FOSTER REAL ESTATE, INC cm Listed on: 08/01/2020

Last Buyer's Agent

Annie Mullock

Tim Kerr Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 60x125
  • Cleared Lot

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 754 Sq Ft Home
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 5 / 622

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1955
  • New Construction: No
  • Second Address Number: 402
  • Lot Size2: 60x125
  • Price per Sq Ft: 356.76
  • Selling Agent1: 3797
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 754
  • Other Rooms: Living Room, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Storage Building, Sidewalks

Garage/Parking

  • Parking Garage: Parking Pad

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 160900

Tax Info

  • Taxes: 2902.64
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Oct 22, 2020
Sold by
R Smith & Family Llc
Bought by
Hill Linda D
Seller's Agent
April Vanaman
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Annie Mullock
Tim Kerr Sotheby's International Realty
List Price
$269,000
Sold Price
$269,000
Current Estimated Value
$530,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,729
Avg. Annual Appreciation
14.20%

Purchase Details

Listed on
May 12, 2020
Closed on
May 28, 2020
Sold by
Oconnor Ruth and Seassa James
Bought by
R Smith & Family Llc
Seller's Agent
Joe Vallese
CHRIS HENDERSON REALTY
Buyer's Agent
April Vanaman
LONG & FOSTER REAL ESTATE, INC cm
List Price
$169,000
Sold Price
$167,000
Premium/Discount to List
-$2,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.30%

Purchase Details

Closed on
May 1, 2003
Sold by
Galantino Vincent E
Bought by
Conner Ruth O

Purchase Details

Closed on
Sep 29, 2001
Sold by
Menke Matthew R
Bought by
Galantino Vincent E and Galantino Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.93%

Purchase Details

Closed on
May 18, 1991
Sold by
Menke Matthew R and Menke Julie
Bought by
Menke Matthew R

Purchase Details

Closed on
Aug 31, 1988
Sold by
Frame George and Frame Freida
Bought by
Menke Matthew and Menke Julie
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
Hill Linda D $269,000 Fidelity National Title (Aka
R Smith & Family Llc $167,000 None Available
Conner Ruth O $146,500 --
Galantino Vincent E $112,000 --
Menke Matthew R -- --
Menke Matthew $62,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galantino Vincent E $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $269,000 0.0% $357 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $269,000 +61.1% $357 / Sq Ft
05/29/2020 05/29/20 Sold $167,000 -1.2% $241 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $169,000 -- $244 / 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 $4,806 $237,000 $116,400 $120,600
2024 $4,806 $237,000 $116,400 $120,600
2023 $4,738 $237,000 $116,400 $120,600
2022 $3,407 $175,800 $116,400 $59,400
2021 $3,021 $160,900 $116,400 $44,500
2020 $2,977 $160,900 $116,400 $44,500
2019 $2,903 $160,900 $116,400 $44,500
2018 $2,833 $160,900 $116,400 $44,500
2017 $2,837 $160,900 $116,400 $44,500
2016 $2,793 $160,900 $116,400 $44,500
2015 $2,703 $160,900 $116,400 $44,500
2014 $2,615 $160,900 $116,400 $44,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    April Vanaman

    LONG & FOSTER REAL ESTATE, INC cm

  • Joe Vallese

    Seller's Agent in 2020

    Joe Vallese

    CHRIS HENDERSON REALTY

    (609) 425-7841

    2 in this area

    109 Total Sales

    Joe Vallese
    Section Image

  • A

    Buyer's Agent in 2020

    Annie Mullock

    Tim Kerr Sotheby's International Realty

    34 in this area

    74 Total Sales

    Annie Mullock
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202702

Cape May County Association of REALTORS®

APN: 05-00622-0000-00005

New Jersey Cape May County Cape May 08204

402 Leaming Ave, Cape May, NJ

This home is located at 402 Leaming Ave, Cape May, NJ 08204 since 01 August 2020 and is currently estimated at $530,729, approximately $703 per square foot. This property was built in 1955. 402 Leaming Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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