NOT LISTED FOR SALE

407 Chatam Dr Cape May, NJ 08204

Estimated Value: $617,000 - $691,000

3 Beds
2 Baths
1,518 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $300,000 $198 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,009/month

73 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Fenced Yard
  • Ranch Style House
  • Great Room
  • 2 Car Attached Garage

About This Home

As of December 2018

This home is located at 407 Chatam Dr, Cape May, NJ 08204 since 01 September 2018 and is currently estimated at $658,923, approximately $434 per square foot. 407 Chatam Dr is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Last Agent to Sell the Property

Chad deSatnick

deSatnick Real Estate LLC - Cape May License #1109382 Listed on: 09/01/2018

Last Buyer's Agent

Richard Parker

deSatnick Real Estate LLC - Lower Township License #0451579

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,199

Lot Details

  • Lot Dimensions are 75 x 100
  • Fenced Yard
  • Sprinkler System

Home Design

  • Ranch Style House
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 753.1 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,199

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • New Construction: No
  • Second Address Number: 407
  • Lot Size2: 75 x 100
  • Selling Agent1: 1629
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Security System, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Laminate Flooring, Tile Flooring, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Laundry/Utility Room, Great Room, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl, Masonry Block
  • Outside Features: Patio, Deck, Fenced Yard, Sidewalks, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 753.1
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 5199.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2018
Closed on
Dec 21, 2018
Sold by
Massaro Joanne Est
Bought by
Collings Howard B
Seller's Agent
Chad deSatnick
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Richard Parker
deSatnick Real Estate LLC - Lower Township
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%
Current Estimated Value
$658,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,923
Avg. Annual Appreciation
11.64%

Purchase Details

Listed on
Mar 8, 2015
Closed on
Jul 17, 2015
Sold by
Persson Eric
Bought by
Massaro Joanne
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.95%

Purchase Details

Closed on
Jun 1, 2005
Sold by
The Helfer Family Trust and Helfer Frederick C
Bought by
Scheidler Catherine and Marsh Frank N

Purchase Details

Closed on
Aug 31, 2004
Sold by
Helfer Frederick C and Helfer Eileen P
Bought by
Helfer Family Trust

Purchase Details

Closed on
Apr 30, 2004
Sold by
Estate Of Barbara Sninsky and Gorman Brian
Bought by
Helfer Fredrick C and Helfer Eileen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2001
Sold by
Nay Otto C
Bought by
Sninsky Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.21%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Augsbach Richard J
Bought by
Nay Otto C
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
Collings Howard B $300,000 --
Massaro Joanne $310,000 The Title Company Of Jersey
Scheidler Catherine $405,000 Sedona Title Agency
Helfer Family Trust -- --
Helfer Fredrick C $313,000 The Title Company Of Jersey
Sninsky Barbara $195,000 --
Nay Otto C $42,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helfer Fredrick C $150,000
Previous Owner Sninsky Barbara $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $300,000 -9.1% $198 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $330,000 +6.5% $217 / Sq Ft
07/17/2015 07/17/15 Sold $310,000 -5.8% $204 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $329,000 -- $217 / 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 $5,981 $294,900 $130,000 $164,900
2024 $5,981 $294,900 $130,000 $164,900
2023 $5,895 $294,900 $130,000 $164,900
2022 $5,715 $294,900 $130,000 $164,900
2021 $5,544 $294,900 $130,000 $164,900
2020 $5,456 $294,900 $130,000 $164,900
2019 $5,320 $294,900 $130,000 $164,900
2018 $5,193 $294,900 $130,000 $164,900
2017 $5,199 $294,900 $130,000 $164,900
2016 $5,119 $294,900 $130,000 $164,900
2015 $4,954 $294,900 $130,000 $164,900
2014 $4,792 $294,900 $130,000 $164,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 183757

Cape May County Association of REALTORS®

APN: 05-00753-13-00004