NOT LISTED FOR SALE

301 Frances Ave Villas, NJ 08251

Estimated Value: $753,000 - $1,416,000

3 Beds
2 Baths
1,353 Sq Ft
$824/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $1,175,000 $868 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,899/month

41 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Contemporary Architecture
  • Loft
  • Deck
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of November 2023

Wood Burning fireplace was never used by the owner and is being conveyed AS/IS. Seller participating in a 1031 Tax Exchange.

Last Agent to Sell the Property

Laurie?? Schiffelbein

Tim Kerr Sotheby's International Realty Listed on: 09/15/2023

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,365

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 50 x 225
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,353 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Laminate Flooring
  • Water Views

Kitchen

  • Oven
  • Stove
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 229.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,365

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Corner, See Remarks, Water Front, Water View
  • District Township: 05-Lower Township
  • Near: Delaware Bay front
  • Also Includes: See Remarks
  • Estimated Year Built: 1975
  • New Construction: No
  • Second Address Number: 301
  • Lot Size2: 50 x 225
  • Price per Sq Ft: 868.44
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas, 1778
  • Interior Amenities: Cathedral Ceilings, Fireplace- Wood, Laminate Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1353
  • Other Rooms: Living Room, Dining Room, Kitchen, Loft, See Remarks, Laundry Closet

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard, Outside Shower, See Remarks

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 7364.73
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 17, 2023
Sold by
301 Frances Llc
Bought by
Lee Wook
Seller's Agent
Laurie?? Schiffelbein
Tim Kerr Sotheby's International Realty
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%
Total Days on Market
41
Views
113
Current Estimated Value
$1,114,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,601
Avg. Annual Appreciation
-3.36%

Purchase Details

Listed on
Oct 17, 2021
Closed on
Dec 8, 2021
Sold by
Thresher Sally S
Bought by
301 Frances Llc
Seller's Agent
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
Laurie?? Schiffelbein
Tim Kerr Sotheby's International Realty
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Jul 14, 2018
Sold by
Burns Randall and Burns Lynda
Bought by
Christian Mission T

Purchase Details

Closed on
Oct 23, 2004
Sold by
Burns Lynda M and Velt Lynda
Bought by
Burns Randall M and Burns Lynda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 1990
Sold by
Veit Richard A
Bought by
Veit Lynda
Source: Public Records

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    Taxes prior to renovation.

    Rebecca Chamberlain,SFR,SRES LONG & FOSTER REAL ESTATE, INC cm

    Section Image

Range of Values:

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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
Lee Wook $1,175,000 The Title Company
301 Frances Llc $875,000 None Available
Christian Mission T -- --
Burns Randall M -- Fidelity National Title
Veit Lynda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Randall M $410,500
Previous Owner Burns Randall M $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $1,175,000 -5.6% $868 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $1,245,000 -3.9% $920 / Sq Ft
09/15/2023 09/15/23 For Sale $1,295,000 +48.0% $957 / Sq Ft
12/08/2021 12/08/21 Sold $875,000 -2.7% $647 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/17/2021 10/17/21 For Sale $899,000 +100.9% $664 / Sq Ft
11/08/2019 11/08/19 Sold $447,400 -0.6% $331 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $449,900 -- $333 / 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 $7,711 $381,000 $274,500 $106,500
2023 $7,590 $381,000 $274,500 $106,500
2022 $7,365 $381,000 $274,500 $106,500
2021 $7,136 $381,000 $274,500 $106,500
2020 $7,018 $381,000 $274,500 $106,500
2019 $6,850 $381,000 $274,500 $106,500
2018 $6,694 $381,000 $274,500 $106,500
2017 $6,694 $381,000 $274,500 $106,500
2016 $6,603 $381,000 $274,500 $106,500
2015 $6,393 $381,000 $274,500 $106,500
2014 $6,161 $381,000 $274,500 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232495

Cape May County Association of REALTORS®

APN: 05-00229-01-00005