NOT LISTED FOR SALE

490 Beach Ave Villas, NJ 08251

Estimated Value: $535,000 - $740,000

4 Beds
2 Baths
1,792 Sq Ft
$333/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $325,000 $181 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,544/month

121 Days on Market

Highlights

  • Water Views
  • Cape Cod Architecture
  • Furnished
  • Property near a bay
  • Deck
  • Fenced Yard

About This Home

As of March 2015

Bay views abound in this expanded Cape Cod just steps from the beaches of the Delaware Bay. The first floor features a large kitchen with peninsula, dining room, laundry room, 2 bedrooms, full bath and a huge family room with fireplace. On the second floor you will find two large bedrooms, each with a sitting area which leads to the second floor deck overlooking the bay. The back yard is fully fenced and features an outside shower, storage shed as well as a large deck with tiki bar for enjoying long summer evenings after a day at the beach. The home provides many low maintenance features, including vinyl siding, fiberglass deck and eco-friendly stone landscaping. The home is uniquely situated in FEMA's "B" Zone, which would not require mandatory flood insurance. Whether you're looking for a larger home to accommodate a growing family or a summer getaway large enough for everyone, this home has it all. Call today for additional information or to schedule a private tour.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE License #0451111 Listed on: 10/27/2014

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,829

Year Built

  • Built in 1976

Lot Details

  • Fenced Yard
  • Property is zoned R-3

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • Furnished
  • Blinds
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Alarm System

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17 / 240

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,829

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Water View
  • District Township: 05-Lower Township
  • Near: Wilde Ave & Beachfront
  • Also Includes: Shades, Blinds, Fireplace Equipment, Furniture
  • Estimated Year Built: 1976
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher, Burglar Alarm
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1792
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Cape Cod
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Yello
  • Outside Features: Deck, Porch, Fenced Yard, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: 2 Car, Concrete Driveway

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 17
  • Lot Size: 50x100
  • Zoning: R-3
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 3829.05
  • Assessor Parcel Number: 05002400000000170000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2014
Closed on
Mar 26, 2015
Sold by
Offshack Joseph S and Offshack Kelli M
Bought by
Szeleski Wayne and Adamkowski Belinda
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$359,900
Sold Price
$325,000
Premium/Discount to List
-$34,900
-9.7%
Current Estimated Value
$597,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,241
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Feb 23, 2007
Sold by
Olszewski Robert J and Olszewski Susan H
Bought by
Offshack Joseph S and Offshack Kelli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Macomber William M
Bought by
Olszewski Robert J and Olszewski Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.55%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Margaaret B Williams Estate
Bought by
Macomber William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.77%
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
Szeleski Wayne $325,000 The Title Company Of Jersey
Offshack Joseph S $350,000 Shore Title Agency Inc
Olszewski Robert J $118,000 --
Macomber William $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Offshack Joseph S $250,000
Previous Owner Olszewski Robert J $112,000
Previous Owner Macomber William $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $325,000 -9.7% $181 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $359,900 -- $201 / 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 $4,939 $244,000 $124,000 $120,000
2024 $4,939 $244,000 $124,000 $120,000
2023 $4,860 $244,000 $124,000 $120,000
2022 $4,717 $244,000 $124,000 $120,000
2021 $4,570 $244,000 $124,000 $120,000
2020 $4,494 $244,000 $124,000 $120,000
2019 $4,387 $244,000 $124,000 $120,000
2018 $4,287 $244,000 $124,000 $120,000
2017 $4,287 $244,000 $124,000 $120,000
2016 $4,229 $244,000 $124,000 $120,000
2015 $3,974 $236,800 $124,000 $112,800
2014 $3,829 $236,800 $124,000 $112,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 160979

Cape May County Association of REALTORS®

APN: 05-00240-0000-00017