NOT LISTED FOR SALE

402 Margaret St Cape May, NJ 08204

Estimated Value: $451,000 - $500,000

3 Beds
2 Baths
-- Sq Ft
7,667 Sq Ft Lot

Last Sold December 23, 2016

Last sale price $182,000

Est. 162% increase in value since last sale

Current estimated payment $2,838/month

26 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Living Room
  • Ranch Style House
  • Eat-In Kitchen
  • Wall to Wall Carpet

About This Home

As of December 2016

Spacious 3 bedroom rancher located in a quiet neighborhood in Bayshore West. Living room has a vaulted ceiling and plenty of natural light entering through the front windows giving the room a cheery and open feeling. Living room leads to the modern eat in kitchen with plenty of space to comfortable seat a large party. Entertain on the rear deck and expand your outdoor living to the large landscaped back yard. Other side of the house features master suite with full bath, 2 spacious bedrooms, hall bath and washer-dryer area. Perfect starter home, vacation retreat or retirement home.

Last Agent to Sell the Property

Brian Giancola

RE/MAX SURFSIDE Listed on: 10/28/2016

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,833

Lot Details

  • 7,667

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Wall to Wall Carpet
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

  • Legal Lot and Block 5 / 494

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,833

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Also Includes: Curtains, Blinds, Partial Furniture
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, 1st Floor Master Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 60X128 irr
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: > 2833.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Caffey John
Bought by
Mckeown John
Current Estimated Value
$476,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$1,573
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$474,741

Purchase Details

Listed on
Oct 28, 2016
Closed on
Nov 29, 2016
Sold by
Miller Thomas G
Bought by
Caffey John
Seller's Agent
Brian Giancola
RE/MAX SURFSIDE
List Price
$199,000
Sold Price
$182,000
Premium/Discount to List
-$17,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$186,150
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Dec 13, 2000
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
Mckeown John $299,999 Misc Company
Mckeown John $299,999 Title Company Of Jersey
Caffey John $182,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckeown John $10,000
Closed Mckeown John $10,000
Open Mckeown John $294,565
Closed Mckeown John $294,565
Closed Mckeown John $10,000
Previous Owner Caffey John $186,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $182,000 -8.5% --
11/23/2016 11/23/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $199,000 -- --
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 $3,602 $177,600 $89,800 $87,800
2024 $3,602 $177,600 $89,800 $87,800
2023 $3,550 $177,600 $89,800 $87,800
2022 $3,442 $177,600 $89,800 $87,800
2021 $3,339 $177,600 $89,800 $87,800
2020 $3,286 $177,600 $89,800 $87,800
2019 $3,204 $177,600 $89,800 $87,800
2018 $3,128 $177,600 $89,800 $87,800
2017 $3,131 $177,600 $89,800 $87,800
2016 $2,833 $177,600 $89,800 $87,800
2015 $2,734 $177,600 $89,800 $87,800
2014 $2,636 $177,600 $89,800 $87,800
Source: Public Records

Agents Affiliated with this Home

  • Brian Giancola

    Seller's Agent in 2016

    Brian Giancola

    RE/MAX SURFSIDE

    (609) 602-8988

    31 in this area

    88 Total Sales

    Brian Giancola
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 173127

Cape May County Association of REALTORS®

APN: 05-00494-30-00005

New Jersey Cape May County Cape May 08204

402 Margaret St, Cape May, NJ

This home is located at 402 Margaret St, Cape May, NJ 08204 since 28 October 2016 and is currently estimated at $476,314. 402 Margaret St is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.

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