NOT LISTED FOR SALE

403 Clubhouse Dr Cape May, NJ 08204

Estimated Value: $359,000 - $728,000

3 Beds
1 Bath
1,390 Sq Ft
$417/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $201,000 $145 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,479/month

20 Days on Market

Highlights

  • Corner Lot
  • Outdoor Storage
  • Wood Burning Fireplace
  • Living Room
  • Dining Room

About This Home

As of April 2019

BANK OWNED !! Seller is unaware of the condition of the Property. Seller or Seller's Agent makes no warranties, expressed or implied as to the condition of the property. It is the intent of the Seller to sell the property in its " as is " present condition. Seller shall not provide a survey, property condition report, homeowners warranty or Certification of Occupancy. Buyer should satisfy all questions and concerns with personal inspection and research. Pre-qualification letter or proof of funds should accompany all offers. Seller's addendum will be supplied after offer acceptance and prior to full execution of contracts. See PAS Requirements in Associated Docs.

Last Agent to Sell the Property

Michael Bailey

COASTAL ELITE REALTY Listed on: 02/15/2019

COASTAL ELITE REALTY

Co-Listed By

John Davis

COASTAL ELITE REALTY

Last Buyer's Agent

Annie Mullock

Tim Kerr Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 100 x 90
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,390 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Outdoor Storage
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 46 / 531

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,342

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Mainland
  • District Township: 05-Lower Township
  • Estimated Year Built: 1940
  • New Construction: No
  • Second Address Number: 403
  • Listing Office2: 508
  • Lot Size2: 100 x 90
  • Price per Sq Ft: 144.6
  • Selling Agent1: 3797
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Interior Amenities: Fireplace- Wood
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1390
  • Other Rooms: Living Room, Dining Room, Kitchen

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Storage Building

Utilities

  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 46
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3342.38
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 16, 2019
Sold by
Wells Fargo Bank Na
Bought by
Simpson David M
Seller's Agent
Michael Bailey
COASTAL ELITE REALTY
Buyer's Agent
Annie Mullock
Tim Kerr Sotheby's International Realty
List Price
$175,000
Sold Price
$201,000
Premium/Discount to List
$26,000
14.86%
Current Estimated Value
$579,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,474
Avg. Annual Appreciation
16.98%

Purchase Details

Closed on
Dec 14, 2018
Sold by
Alderman Raymond and Alderman Loretta
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 27, 1987
Bought by
Alderman Raymond and Alderman Loretta
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
Simpson David M $201,000 Title Company Of Jersey
Wells Fargo Bank Na $222,256 --
Alderman Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson David M $200,000
Previous Owner Alderman Raymond R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $201,000 +14.9% $145 / Sq Ft
02/15/2019 02/15/19 For Sale $175,000 -- $126 / 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 $3,849 $189,800 $128,000 $61,800
2024 $3,849 $189,800 $128,000 $61,800
2023 $3,794 $189,800 $128,000 $61,800
2022 $3,678 $189,800 $128,000 $61,800
2021 $3,568 $189,800 $128,000 $61,800
2020 $3,511 $189,800 $128,000 $61,800
2019 $3,424 $189,800 $128,000 $61,800
2018 $3,342 $189,800 $128,000 $61,800
2017 $3,346 $189,800 $128,000 $61,800
2016 $3,295 $189,800 $128,000 $61,800
2015 $3,189 $189,800 $128,000 $61,800
2014 $3,084 $189,800 $128,000 $61,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186184

Cape May County Association of REALTORS®

APN: 05-00531-0000-00046