$875,000
SOLD DEC 8, 2021

301 Frances Ave Villas, NJ 08251

3 Beds
2 Baths
1,353 Sq Ft
0.26 Acres

Recently Sold

$647 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Loft

About This Home

As of November 2023

The fireplace is wood burning but was never used by the current owner and is conveyed AS IS. The stove is propane but there is natural gas to the house. There is a propane heater in the living room to off-set the electric heat.

Last Agent to Sell the Property

Janice Conwell

HOMESTEAD REAL ESTATE CO. INC. Listed on: 10/17/2021

Co-Listed By

Annie Mullock

Tim Kerr Sotheby's International Realty

Last Buyer's Agent

Laurie?? Schiffelbein

Tim Kerr Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 1975

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,353 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Loft
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Oven
  • Stove
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 229 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,018

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 05-Lower Township
  • Near: Bay
  • Estimated Year Built: 1975
  • New Construction: No
  • Second Address Number: 301
  • Listing Office2: 44
  • Lot Size2: 11252
  • Price per Sq Ft: 646.71
  • Selling Agent1: 3773
  • Selling Office1: 19
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Smoke/Fire Detector, Stove Propane
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Loft, Fireplace- Wood, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1353
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry Closet

Exterior Features

  • Construction: Contemporary
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Tan
  • Outside Features: Deck, Fenced Yard, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric, Space/Wall/Floor
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 381000
  • Zoning: Res

Tax Info

  • Taxes: 7018.02
  • Tax Year: 2020

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%
Views
113
Current Estimated Value
$1,087,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,754
Avg. Annual Appreciation
-3.05%

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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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 Type Sale Price Title Company
Deed $1,175,000 The Title Company
Deed $875,000 None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- Fidelity National Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $410,500 Unknown
Previous Owner $157,000 New Conventional
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: 213995

Cape May County Association of REALTORS®

APN: 05-00229-01-00005