NOT LISTED FOR SALE

242 W Atlantic Ave Villas, NJ 08251

Estimated Value: $421,000 - $521,000

3 Beds
1 Bath
1,085 Sq Ft
$413/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $359,000 $331 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,792/month

43 Days on Market

Highlights

  • Property near a bay
  • Screened Porch
  • Living Room
  • Ranch Style House
  • Fenced Yard
  • Laundry Room

About This Home

As of December 2021

Agents: Please schedule showings through the ShowingTime App or Online. Lead Paint & Sellers Disclosures are available in Associated Documents. Seller is a licensed NJ Real Estate Salesperson.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 09/25/2021

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE

Last Buyer's Agent

Paul Negro

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 50x100
  • Fenced Yard
  • Property is zoned R-3

Parking

  • Stone Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,085 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Screened Porch
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 135 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,730

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 05-Lower Township
  • Near: Bay
  • Also Includes: Blinds
  • Estimated Year Built: 1943
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 242
  • Listing Office2: 858
  • Lot Size2: 50x100
  • Price per Sq Ft: 330.88
  • Selling Agent1: 5685
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1943

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1085
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 50
  • Outside Features: Screened Porch, Fenced Yard, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 135
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-3

Tax Info

  • Taxes: 2729.84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Dec 22, 2021
Sold by
Popdan Michael R
Bought by
Moxham Robyn S
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Paul Negro
deSatnick Real Estate LLC - Cape May
List Price
$399,000
Sold Price
$359,000
Premium/Discount to List
-$40,000
-10.03%
Current Estimated Value
$460,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,194
Avg. Annual Appreciation
6.91%
Original Mortgage
$287,200
Outstanding Balance
$265,884
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,723

Purchase Details

Closed on
Dec 26, 2019
Sold by
Lone Palm Llc
Bought by
Popdan Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 28, 2019
Sold by
Glynn Dorothy Est
Bought by
Lone Palm Llc
Seller's Agent
Kathleen Keller
APEX REALTY, INC.
Buyer's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$144,000
Sold Price
$105,000
Premium/Discount to List
-$39,000
-27.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.19%
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
Moxham Robyn S $359,000 None Available
Popdan Michael R -- None Available
Lone Palm Llc $105,000 Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moxham Robyn S $287,200
Previous Owner Popdan Michael R $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $359,000 -10.0% $331 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $399,000 +280.0% $368 / Sq Ft
06/28/2019 06/28/19 Sold $105,000 -27.1% $97 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $144,000 -- $133 / 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 $3,000 $148,200 $104,000 $44,200
2024 $3,000 $148,200 $104,000 $44,200
2023 $2,952 $148,200 $104,000 $44,200
2022 $2,865 $148,200 $104,000 $44,200
2021 $2,776 $148,200 $104,000 $44,200
2020 $2,730 $148,200 $104,000 $44,200
2019 $2,165 $148,200 $104,000 $44,200
2018 $2,104 $148,200 $104,000 $44,200
2017 $2,104 $148,200 $104,000 $44,200
2016 $2,068 $148,200 $104,000 $44,200
2015 $1,987 $148,200 $104,000 $44,200
2014 $1,896 $148,200 $104,000 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213579

Cape May County Association of REALTORS®

APN: 05-00135-0000-00003