NOT LISTED FOR SALE

320 E Pacific Ave Villas, NJ 08251

Estimated Value: $354,381

2 Beds
1 Bath
1,448 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $41,500 $29 Per Sq Ft

Est. 754% increase in value since last sale

Current estimated payment $2,087/month

138 Days on Market

Highlights

  • Ranch Style House
  • Den
  • Fenced Yard
  • Screened Porch
  • Breakfast Area or Nook
  • Cul-De-Sac

About This Home

As of April 2017

Buyer's agent should notify buyer that the Seller acquired the Property as a result of foreclosure, by deed in lieu of foreclosure or otherwise similar procedure or transaction. Seller is unaware of the condition of the Property and neither the Seller nor Seller's Agent makes any warranties, expressed or implied as to the condition of the property. It is the intent of the Seller to sell the property in its "AS-IS" present condition. Seller shall make no repairs nor offer any credits for repairs. Seller shall not provide a survey, property condition report, homeowners warranty or Certification of Occupancy. Buyer should satisfy all questions and concerns with personal inspection and research at their expense. All municipal inspections required for transfer of title are the responsibility of the Buyer. All offers must be accompanied by a pre-approval or proof of funds, a copy of an EMD check in the amount of $2000 made out to the Listing Brokerage’s Trust Account and if purchased as an owner-occupied property a fully completed Owner Occupancy Certification that may be found under Associated Docs. Please make your client is aware of the offer review timeline based on their intended use of the property. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call: 1-877-617-5274.

Last Agent to Sell the Property

Joseph Zarroli

ISLAND REALTY GROUP LLC Listed on: 09/23/2016

Last Buyer's Agent

Melissa DeMusz

HOMESTEAD REAL ESTATE CO. INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • Lot Dimensions are 100 x 100
  • Cul-De-Sac
  • Fenced Yard
  • Interior Lot
  • Property is zoned R3

Home Design

  • Ranch Style House
  • Wood Siding
  • Asbestos Siding
  • Concrete Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • Skylights
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Car Garage
  • Gravel Driveway

Utilities

  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9,10,11,12 / 91

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cul-de-sac, Inside Lot, Mainland, See Remarks
  • District Township: 05-Lower Township
  • Estimated Year Built: 1934
  • New Construction: No
  • Lot Size2: 100 x 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1934

Interior Features

  • Interior Amenities: Skylight
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1448
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, See Remarks

Exterior Features

  • Construction: Ranch, See Remarks
  • Exterior: Asbestos, Concrete, Wood, Other
  • Frontage: 100
  • House Color: salmon
  • Outside Features: Screened Porch, Fenced Yard, Cable TV, See Remarks

Garage/Parking

  • Parking Garage: 3 Car, Gravel Driveway

Lot Info

  • Lot Number: 9,10,11,12
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 146500
  • Zoning: R3

Tax Info

  • Taxes: 2288.85
  • Tax Year: 15/16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2018
Sold by
Sun Llc
Bought by
Shuman Jason M
Current Estimated Value
$354,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Outstanding Balance
$147,542
Interest Rate
4.7%
Mortgage Type
VA
Estimated Equity
$206,839

Purchase Details

Listed on
Sep 23, 2016
Closed on
Mar 23, 2017
Sold by
Wells Fargo Bank Na
Bought by
Fun Under The Sun Llc
Seller's Agent
Joseph Zarroli
ISLAND REALTY GROUP LLC
Buyer's Agent
Melissa DeMusz
HOMESTEAD REAL ESTATE CO. INC.
List Price
$37,500
Sold Price
$41,500
Premium/Discount to List
$4,000
10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.60%

Purchase Details

Closed on
May 4, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Masker George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,267
Interest Rate
4.49%
Mortgage Type
VA

Purchase Details

Closed on
Mar 30, 2010
Sold by
Digennaro Peter A and Digennaro Carleen M
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Shuman Jason M $171,000 --
Fun Under The Sun Llc $4,150,000 Mutual Title Agency Inc
Masker George $99,199 Cape Atlantic Title Agency L
Deutsche Bank National Trust Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shuman Jason M $171,000
Previous Owner Masker George $102,267
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $41,500 +10.7% $29 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
09/23/2016 09/23/16 For Sale $37,500 -- $26 / 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 $2,965 $146,500 $90,000 $56,500
2024 $2,965 $146,500 $90,000 $56,500
2023 $2,918 $146,500 $90,000 $56,500
2022 $2,832 $146,500 $90,000 $56,500
2021 $2,744 $146,500 $90,000 $56,500
2020 $2,699 $146,500 $90,000 $56,500
2019 $2,634 $146,500 $90,000 $56,500
2018 $2,574 $146,500 $90,000 $56,500
2017 $2,574 $146,500 $90,000 $56,500
2016 $2,289 $146,500 $90,000 $56,500
2015 $2,208 $146,500 $90,000 $56,500
2014 $2,119 $146,500 $90,000 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172530

Cape May County Association of REALTORS®

APN: 05-00091-0000-00010