NOT LISTED FOR SALE

407 Atlantic Ave Cape May, NJ 08204

Estimated Value: $976,682 - $1,199,000

3 Beds
2 Baths
2,016 Sq Ft
$532/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2020

Last sale price $659,000 $327 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,414 / mo

6 Days on Market

Highlights

  • Water Views
  • Deck
  • Whirlpool Bathtub
  • Property is near a beach
  • Cathedral Ceiling
  • Fenced Yard

About This Home

As of November 2020

Property is contingent upon the seller finding suitable housing.

Last Agent to Sell the Property

Richard Cammarano

CENTURY 21 ALLIANCE wc Listed on: 08/27/2020

Last Buyer's Agent

Mary Hinchcliffe

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,432

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 60x125
  • Fenced Yard

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room
  • Dining Area
  • Storage
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 2 / 633

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,432

Year Built

Built in 2006

Lot Details

1.38 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Water View
  • District Township: 05-Lower Township
  • Near: Delaware Bay and beach
  • Estimated Year Built: 2006
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 60x125
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Security System, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Whirlpool, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Slab
  • Estimated Living Sq Ft: 2016
  • Other Rooms: Living Room, Recreation/Family, Dining Area, Laundry/Utility Room, Storage Attic, See Remarks

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Porch, Fenced Yard, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Carport, 1.5 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 2
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 7432.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 17, 2020
Sold by
Smith John C and Smith Patricia A
Bought by
Odonnell Stephen M and Odonnell Lori E
Seller's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
Buyer's Agent
Mary Hinchcliffe
deSatnick Real Estate LLC - Cape May
List Price
$659,000
Sold Price
$659,000
Current Estimated Value
$1,072,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,171
Avg. Annual Appreciation
9.32%
Original Mortgage
$509,000
Outstanding Balance
$452,938
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$619,233

Purchase Details

Closed on
Jan 31, 2014
Sold by
Ingemar Raymond and Ingemar Elizabeth
Bought by
Smith John Clayton and Smith Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2003
Sold by
Romer Patricia L
Bought by
Ingemar Raymond and Ingemar Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Odonnell Stephen M $659,000 None Available
Smith John Clayton $465,000 Commonwealth Land Title Insu
Ingemar Raymond $190,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Odonnell Stephen M $509,000
Previous Owner Smith John Clayton $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $659,000 0.0% $327 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $659,000 -- $327 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $8,355 $412,000 $182,400 $229,600
2024 $8,355 $412,000 $182,400 $229,600
2023 $8,236 $412,000 $182,400 $229,600
2022 $7,985 $412,000 $182,400 $229,600
2021 $7,743 $412,000 $182,400 $229,600
2020 $7,622 $412,000 $182,400 $229,600
2019 $7,432 $412,000 $182,400 $229,600
2018 $7,255 $412,000 $182,400 $229,600
2017 $7,264 $412,000 $182,400 $229,600
2016 $7,152 $412,000 $182,400 $229,600
2015 $6,922 $412,000 $182,400 $229,600
2014 $6,695 $412,000 $182,400 $229,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Richard Cammarano

    CENTURY 21 ALLIANCE wc

  • Mary Hinchcliffe

    Buyer's Agent in 2020

    Mary Hinchcliffe

    deSatnick Real Estate LLC - Cape May

    (609) 780-6598

    24 in this area

    58 Total Sales

    Mary Hinchcliffe
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203191

Cape May County Association of REALTORS®

APN: 05-00633-0000-00002

New Jersey Cape May County Cape May 08204

407 Atlantic Ave, Cape May, NJ

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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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