NOT LISTED FOR SALE

401 Beach Ave Villas, NJ 08251

Estimated Value: $489,000 - $565,000

4 Beds
2 Baths
1,512 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $207,000 $137 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,213/month

240 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Contemporary Architecture
  • Property near a bay
  • Deck
  • Cathedral Ceiling

About This Home

As of February 2015

This expanded ranch home is located on a large corner lot only 30 ft. from the Delaware Bay. The main living area has an open floor plan with a vaulted ceiling. The split bedroom layout has the master suite on one side of the house and 3 other spacious bedrooms on the opposite side. Outside, there is a large back deck, a fenced-in yard and a storage shed.

Last Agent to Sell the Property

STEPHEN RUFFER

WEICHERT REALTORS CITY TO SHORE License #0559574 Listed on: 05/19/2014

WEICHERT REALTORS CITY TO SHORE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1988

Lot Details

  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property near a bay
  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater

Listing and Financial Details

  • Legal Lot and Block 2,3,4 / 239

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,826

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Cleared Lot, Corner, Water View
  • District Township: 05-Lower Township
  • Near: 30ft from Del. Bay
  • Estimated Year Built: 1988
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Wall to Wall Carpet, Laminate Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1512
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Ranch, Contemporary
  • Exterior: Vinyl
  • Frontage: 150
  • Outside Features: Deck, Porch, Storage Building

Garage/Parking

  • Parking Garage: Black Top Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Propane, Forced Air
  • Hot Water: Propane
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 2,3,4
  • Lot Size: 150 x 80
  • Total Assessment: 429900
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: > 4826.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Feb 13, 2015
Sold by
Paolucci Thomas G
Bought by
Delong John
Seller's Agent
STEPHEN RUFFER
WEICHERT REALTORS CITY TO SHORE
List Price
$229,900
Sold Price
$207,000
Premium/Discount to List
-$22,900
-9.96%
Current Estimated Value
$530,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,041
Avg. Annual Appreciation
9.20%
Original Mortgage
$160,000
Outstanding Balance
$122,094
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$407,947

Purchase Details

Closed on
Aug 23, 2010
Sold by
Cape May Capital Llc
Bought by
Paolucci Thomas G

Purchase Details

Closed on
Mar 5, 2010
Sold by
March Jonathan and Mchugh Thomas
Bought by
Cape May Capital Llc

Purchase Details

Closed on
Jun 20, 2005
Sold by
Jones Josephine and Miller Caroline J
Bought by
March Jonathan and Mchugh Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
5.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 2, 1989
Sold by
Jones Josephine
Bought by
Jones Josephine and Jones Miller,Caroline

Purchase Details

Closed on
Jul 24, 1989
Sold by
Jones Josephine
Bought by
Miller Caroline
Source: Public Records

Range of Values:

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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
Delong John $207,000 Shore Title Agency Inc
Paolucci Thomas G $227,000 Shore Title Agency Inc
Cape May Capital Llc $200,000 Shore Title Agency Inc
March Jonathan $385,000 Group 21 Title Agency
Jones Josephine -- --
Miller Caroline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delong John $160,000
Previous Owner March Jonathan $38,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $207,000 -10.0% $137 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
05/19/2014 05/19/14 For Sale $229,900 -- $152 / 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 $5,190 $275,300 $147,300 $128,000
2024 $5,190 $256,400 $147,300 $109,100
2023 $5,107 $256,400 $147,300 $109,100
2022 $4,956 $256,400 $147,300 $109,100
2021 $4,802 $256,400 $147,300 $109,100
2020 $4,723 $256,400 $147,300 $109,100
2019 $4,610 $256,400 $147,300 $109,100
2018 $4,505 $256,400 $147,300 $109,100
2017 $4,505 $256,400 $147,300 $109,100
2016 $4,443 $256,400 $147,300 $109,100
2015 $5,069 $302,100 $181,400 $120,700
2014 $4,885 $302,100 $181,400 $120,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    STEPHEN RUFFER

    WEICHERT REALTORS CITY TO SHORE

    (609) 675-4686

    40 in this area

    56 Total Sales

    STEPHEN RUFFER
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161815

Cape May County Association of REALTORS®

APN: 05-00239-0000-00002

New Jersey Cape May County Villas 08251

401 Beach Ave, Villas, NJ

This home is located at 401 Beach Ave, Villas, NJ 08251 since 19 May 2014 and is currently estimated at $530,041, approximately $350 per square foot. This property was built in 1988. 401 Beach Ave is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.

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