NOT LISTED FOR SALE

405 Hughes Ave Cape May, NJ 08204

Estimated Value: $453,797 - $518,000

2 Beds
1 Bath
822 Sq Ft
$591/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $149,900 $182 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $2,919/month

38 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Living Room
  • Fenced Yard
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of November 2016

Perfect starter home or vacation home located in a lovely section of North Cape May within a few short blocks to the Delaware Bay and beautiful sunsets. This well-loved Ranch style home is located on a 62x110 lot and offers two large bedrooms, 1 bath, laundry area, EIK and HUGE detached garage. The large fenced in rear yard is perfect for large family BBQ's or just hanging out on those hot summer nights. This property is close to everything; shopping, restaurants, Wineries, Breweries, Historical Cape May, and the Cape May Ferry. Don't miss your opportunity to own your own beach house at an affordable price. The memories you'll make will be priceless. Call today, easy to show!

Last Agent to Sell the Property

Deborah McMullan

CAPE ISLANDS REALTY, LLC Listed on: 09/07/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1958

Lot Details

  • 6,839

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 822 Sq Ft Home
  • Partially Furnished
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Outdoor Storage
  • Fenced Yard

Listing and Financial Details

  • Legal Lot and Block 12 / 624

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,850

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Near: Bay
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Appliances Included: Oven, Washer, Dryer
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 6
  • Estimated Living Sq Ft: 822
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Aluminum
  • Frontage: 62
  • House Color: white
  • Outside Features: Fenced Yard, Storage Building

Garage/Parking

  • Parking Garage: Garage, Detached

Utilities

  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 12
  • Lot Size: 62x110
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 2850.52
  • Assessor Parcel Number: 05006240000000120000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 10, 2016
Sold by
Derer Joseph N
Bought by
Kreifels Scott F and Kreifels Wendy L
Seller's Agent
Deborah McMullan
CAPE ISLANDS REALTY, LLC
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$482,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,386
Avg. Annual Appreciation
13.34%
Original Mortgage
$114,900
Outstanding Balance
$93,614
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$354,920

Purchase Details

Closed on
Aug 27, 2013
Sold by
Estate Of Katherine E Derer
Bought by
Derer Joseph N
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
Kreifels Scott F $149,900 None Available
Derer Joseph N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreifels Scott F $114,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2016 11/14/16 Sold $149,900 0.0% $182 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $149,900 -- $182 / 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 $3,330 $164,200 $115,800 $48,400
2024 $3,330 $164,200 $115,800 $48,400
2023 $3,282 $164,200 $115,800 $48,400
2022 $3,182 $164,200 $115,800 $48,400
2021 $3,038 $164,200 $115,800 $48,400
2020 $3,038 $164,200 $115,800 $48,400
2019 $2,962 $164,200 $115,800 $48,400
2018 $2,892 $164,200 $115,800 $48,400
2017 $2,895 $164,200 $115,800 $48,400
2016 $2,851 $164,200 $115,800 $48,400
2015 $2,759 $164,200 $115,800 $48,400
2014 $2,668 $164,200 $115,800 $48,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172201

Cape May County Association of REALTORS®

APN: 05-00624-0000-00012