NOT LISTED FOR SALE

978 Tecumseh Rd Cape May, NJ 08204

Estimated Value: $476,423 - $573,000

3 Beds
2 Baths
1,400 Sq Ft
$362/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $425,000 $304 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,191/month

11 Days on Market

Highlights

  • Deck
  • Detached Garage
  • Central Air
  • Corner Lot

About This Home

As of April 2023

Seller is a licensed NJ Real Estate Salesperson. City Sewer line has been recently added at the street and not connected to the home. The sewer line is not active at this time and Lower Township MUA expects completion in Summer of 2023.

Last Agent to Sell the Property

Craig Oliver

WILLOW OAK REALTY LLC License #1753795 Listed on: 03/03/2023

Co-Listed By

KRISTIAN MCCULLEN

WILLOW OAK REALTY LLC

Last Buyer's Agent

Jennifer O'Connor

Tim Kerr Sotheby's International Realty License #1866547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 1988

Lot Details

  • 2.76

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Corner Lot

Listing and Financial Details

  • Legal Lot and Block 14 / 507.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,488

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 05-Lower Township
  • Estimated Year Built: 1988
  • New Construction: No
  • Second Address Number: 978
  • Listing Office2: 963
  • Lot Size2: 120X160 IR
  • Price per Sq Ft: 303.57
  • Selling Agent1: 5328
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1400

Exterior Features

  • Construction: Two Story
  • Outside Features: Deck

Garage/Parking

  • Parking Garage: Garage, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City, Septic
  • Water: Well

Lot Info

  • Lot Number: 14
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 4488.33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 21, 2023
Sold by
Oliver Craig T and Oliver Kathryn A
Bought by
Oconnor Jennifer
Seller's Agent
Craig Oliver
WILLOW OAK REALTY LLC
Buyer's Agent
Jennifer O'Connor
Tim Kerr Sotheby's International Realty
List Price
$399,999
Sold Price
$425,000
Premium/Discount to List
$25,001
6.25%
Views
141
Current Estimated Value
$506,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,856
Avg. Annual Appreciation
5.57%
Original Mortgage
$382,500
Outstanding Balance
$373,881
Interest Rate
6.39%
Estimated Equity
$107,235

Purchase Details

Listed on
Jan 25, 2016
Closed on
Apr 14, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Oliver Craig T
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$183,900
Sold Price
$175,900
Premium/Discount to List
-$8,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Apr 11, 1995
Sold by
Lally David
Bought by
Kahle John and Kahle Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.34%

Purchase Details

Closed on
Nov 21, 1988
Sold by
Shaffer Elizabeth
Bought by
Lally David and Lally Janet
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
Oconnor Jennifer $425,000 None Listed On Document
Oliver Craig T $175,900 Mutual Title Agency
Kahle John $120,000 --
Lally David $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Jennifer $382,500
Previous Owner Kahle John J $329,156
Previous Owner Kahle John J $324,292
Previous Owner Kahle John J $309,067
Previous Owner Kahle John J $112,400
Previous Owner Kahle John J $77,000
Previous Owner Kahle John J $7,500
Previous Owner Kahle John J $42,310
Previous Owner Kahle John $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $425,000 +6.3% $304 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $399,999 +127.4% $286 / Sq Ft
05/16/2016 05/16/16 Sold $175,900 -4.4% $124 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $183,900 -- $130 / 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
2024 $4,701 $231,000 $103,600 $127,400
2023 $4,629 $231,000 $103,600 $127,400
2022 $4,488 $231,000 $103,600 $127,400
2021 $4,343 $231,000 $103,600 $127,400
2020 $4,278 $231,000 $103,600 $127,400
2019 $4,163 $231,000 $103,600 $127,400
2018 $4,066 $231,000 $103,600 $127,400
2017 $4,068 $231,000 $103,600 $127,400
2016 $4,012 $231,000 $103,600 $127,400
2015 $3,883 $231,000 $103,600 $127,400
2014 $3,756 $231,000 $103,600 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 230540

Cape May County Association of REALTORS®

APN: 05-00507-05-00014