NOT LISTED FOR SALE

41 Frances Ave Villas, NJ 08251

Estimated Value: $552,000 - $708,000

4 Beds
2 Baths
1,697 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $542,000 $319 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,925/month

1 Day on Market

Highlights

  • New Construction
  • Cape Cod Architecture
  • Eat-In Kitchen
  • Property near a bay
  • Porch
  • Walk-In Closet

About This Home

As of April 2022

This home is located at 41 Frances Ave, Villas, NJ 08251 since 02 February 2022 and is currently estimated at $641,163, approximately $377 per square foot. This property was built in 2021. 41 Frances 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.

Last Agent to Sell the Property

Kathleen Satt

deSatnick Real Estate LLC - Cape May Listed on: 02/02/2022

Last Buyer's Agent

Jason Casella

COASTLINE REALTY, LLC License #1539289

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Lot Dimensions are 50x100
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,697 Sq Ft Home
  • Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 10.01 / 232

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Mainland
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Estimated Year Built: 2021
  • Bay Proximity: 2 Blocks
  • New Construction: Yes
  • Second Address Number: 41
  • Lot Size2: 50x100
  • Price per Sq Ft: 319.39
  • Selling Agent1: 4387
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Walk in Closet, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1697
  • Other Rooms: Living Room, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Cape Cod
  • Exterior: Vinyl
  • Outside Features: Porch, Outside Shower

Garage/Parking

  • Parking Garage: Black Top Driveway

Utilities

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

Lot Info

  • Lot Number: 10.01
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 99999999
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Apr 18, 2022
Sold by
Nl Martucci Properties Llc
Bought by
Lemerise Richard A and Lemerise Megan E
Seller's Agent
Kathleen Satt
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Jason Casella
COASTLINE REALTY, LLC
List Price
$535,000
Sold Price
$542,000
Premium/Discount to List
$7,000
1.31%
Current Estimated Value
$641,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,163
Avg. Annual Appreciation
4.53%
Original Mortgage
$487,800
Outstanding Balance
$459,491
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$170,435
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
Lemerise Richard A $542,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemerise Richard A $487,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $542,000 +1.3% $319 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $535,000 -- $315 / 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 $5,513 $272,400 $80,000 $192,400
2024 $5,513 $272,400 $80,000 $192,400
2023 $5,426 $272,400 $80,000 $192,400
2022 $1,546 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221133

Cape May County Association of REALTORS®

APN: 05 00232-0000-00010- 01