NOT LISTED FOR SALE

405 Second Ave Unit 407 Cape May, NJ 08204

Estimated Value: $819,000 - $1,265,000

3 Beds
1 Bath
984 Sq Ft
$1,078/Sq Ft Est. Value

Last Sold October 06, 2016

Last sale price $420,000 $427 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $6,056/month

85 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • 4 Car Attached Garage
  • West Cape May Elementary School Rated A+
  • Porch
  • Patio

About This Home

As of October 2016

A cozy ranch style home nestled among an established garden with abundant perennials and foliage. Large shade trees offer a private setting allowing quiet evenings on the front porch to watch the horse and buggy go by. The living room and dining area provide an open floor plan with a galley kitchen. There are natural hardwood floors throughout. Central Air plus ceiling fans. The florida room with heat and wall air conditioner overlooks the large rear yard and the humming birds and cardinals nesting. There is a paved patio accessed from the sun room and garage. Within minutes to the beach, restaurants and antiques shops and all that West Cape May and Cape May have to offer.

Last Agent to Sell the Property

Kathleen Nace

HOMESTEAD REAL ESTATE CO. INC. Listed on: 06/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,678

Lot Details

  • 0.34

Parking

  • 4 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Area
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 11 / 58

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,678

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 12-West Cape May
  • Near: Columbia Ave
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Storage
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 8
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 100
  • Outside Features: Patio, Porch, Storage Building

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Window Air Conditioning
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Water: City

Lot Info

  • Lot Number: 11
  • Lot Size: 100x150
  • Lot Size Range: 10000-20000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 4678.73
  • Assessor Parcel Number: 12000580000000110000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Sep 30, 2016
Sold by
Leffand Michael and Leffand Sava A
Bought by
Cardi Clayre and Cardi Gary
Seller's Agent
Kathleen Nace
HOMESTEAD REAL ESTATE CO. INC.
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%
Current Estimated Value
$1,060,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,664
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Oct 31, 1997
Sold by
Bryant William
Bought by
Leffand Michael and Leffand Sava A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cardi Clayre $420,000 None Available
Leffand Michael $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leffand Michael $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2016 10/06/16 Sold $420,000 -4.3% $427 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $439,000 -- $446 / 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 $6,124 $407,200 $324,000 $83,200
2024 $6,124 $407,200 $324,000 $83,200
2023 $6,194 $407,200 $324,000 $83,200
2022 $5,518 $407,200 $324,000 $83,200
2021 $5,212 $407,200 $324,000 $83,200
2020 $5,371 $407,200 $324,000 $83,200
2019 $5,106 $407,200 $324,000 $83,200
2018 $5,151 $407,200 $324,000 $83,200
2017 $4,976 $407,200 $324,000 $83,200
2016 $4,976 $407,200 $324,000 $83,200
2015 $4,679 $407,200 $324,000 $83,200
2014 $4,679 $407,200 $324,000 $83,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kathleen Nace

    HOMESTEAD REAL ESTATE CO. INC.

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170808

Cape May County Association of REALTORS®

APN: 12-00058-0000-00011

New Jersey Cape May County Cape May 08204

405 Second Ave Unit 407, Cape May, NJ

Not Listed for Sale

Detached

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