NOT LISTED FOR SALE

240 W Pacific Ave Villas, NJ 08251

Estimated Value: $442,000 - $588,000

4 Beds
2 Baths
756 Sq Ft
$713/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $485,000 $642 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,240/month

121 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Furnished
  • Deck
  • Corner Lot
  • Cottage

About This Home

As of September 2022

House is being sold furnished with the following items excluded from the sale: White Adirondack chairs and table on deck; Black and white table in dining / living room; Items in Shed and owner's closets; Guest book

Last Agent to Sell the Property

Starr Taylor

LONG & FOSTER REAL ESTATE, INC cm Listed on: 04/11/2022

LONG & FOSTER REAL ESTATE, INC cm

Last Buyer's Agent

Ryan O'Keefe-Testa

HOMESTEAD REAL ESTATE CO. INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 1935

Lot Details

  • Corner Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 123

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,424

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Water View
  • District Township: 05-Lower Township
  • Near: Bay Beach
  • Also Includes: Furniture, See Remarks, Window Treatments
  • Estimated Year Built: 1935
  • New Construction: No
  • Second Address Number: 240
  • Lot Size2: 35x103 irr
  • Selling Agent1: 5326
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Cottage
  • Exterior: Vinyl
  • Frontage: 35
  • Outside Features: Deck, Storage Building, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, Black Top Driveway

Utilities

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

Lot Info

  • Lot Number: 5
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 3424
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Sep 20, 2022
Sold by
Jacob Turo Andrew and Homick Stephanie
Bought by
87 Rose Lane Llc
Seller's Agent
Starr Taylor
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Ryan O'Keefe-Testa
HOMESTEAD REAL ESTATE CO. INC.
List Price
$550,000
Sold Price
$485,000
Premium/Discount to List
-$65,000
-11.82%
Current Estimated Value
$539,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,141
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Oct 23, 2020
Sold by
Homick Stephanie
Bought by
Turo Andrew J and Homick-Turo Stephanie A

Purchase Details

Closed on
Jun 2, 2014
Sold by
Haq Amin U and Haq Mary Barb
Bought by
Homick Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2001
Sold by
Alexander Merna
Bought by
Haq Amin U and Haq Mary Barb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,650
Interest Rate
6.97%

Purchase Details

Closed on
Mar 16, 2000
Sold by
The Fed Home Loan Mtg Corp
Bought by
Alexander Marna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
8.4%
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
87 Rose Lane Llc $485,000 Surety Title
Turo Andrew J -- None Available
Homick Stephanie $210,000 The Title Company Of Jersey
Haq Amin U $102,500 --
Alexander Marna $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 87 Rose Lane Llc $280,000
Previous Owner Homick Stephanie $110,000
Previous Owner Haq Amin U $91,650
Previous Owner Alexander Marna $56,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $485,000 -2.0% $642 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $495,000 -1.0% $655 / Sq Ft
06/29/2022 06/29/22 Price Changed $500,000 -4.6% $661 / Sq Ft
06/15/2022 06/15/22 Price Changed $524,000 -4.7% $693 / Sq Ft
04/11/2022 04/11/22 For Sale $550,000 -- $728 / 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 $3,700 $182,800 $118,000 $64,800
2024 $3,700 $182,800 $118,000 $64,800
2023 $3,641 $182,800 $118,000 $64,800
2022 $3,534 $182,800 $118,000 $64,800
2021 $3,424 $182,800 $118,000 $64,800
2020 $3,367 $182,800 $118,000 $64,800
2019 $3,287 $182,800 $118,000 $64,800
2018 $3,212 $182,800 $118,000 $64,800
2017 $3,212 $182,800 $118,000 $64,800
2016 $3,168 $182,800 $118,000 $64,800
2015 $3,067 $182,800 $118,000 $64,800
2014 $2,576 $159,300 $118,000 $41,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221160

Cape May County Association of REALTORS®

APN: 05-00123-0000-00005