NOT LISTED FOR SALE

502 Beach Ave Villas, NJ 08251

Estimated Value: $475,000 - $718,000

5 Beds
2 Baths
675 Sq Ft
$933/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $475,000 $704 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,694/month

15 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Property is near a beach
  • Deck
  • Fenced Yard

About This Home

As of April 2021

This home is located at 502 Beach Ave, Villas, NJ 08251 since 25 February 2021 and is currently estimated at $629,684, approximately $932 per square foot. This property was built in 1952. 502 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.

Last Agent to Sell the Property

Robert Castagna

FARRELL REALTY Listed on: 02/25/2021

Last Buyer's Agent

Susan Jelesiewicz

DOLPHIN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,284

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 50x100
  • Property Fronts a Bay or Harbor
  • Fenced Yard

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Storage
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 245

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,284

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 05-Lower Township
  • Also Includes: Drapes, Curtains, Blinds, Partial Furniture, Window Treatments
  • Estimated Year Built: 1952
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 502
  • Lot Size2: 50x100
  • Selling Agent1: 4947
  • Selling Office1: 747
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 10
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, Cape Cod
  • Outside Features: Patio, Deck, Grill, Fenced Yard, Storage Building, Cable TV

Garage/Parking

  • Parking Garage: Gravel Driveway

Utilities

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

Lot Info

  • Lot Number: 18
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 232600

Tax Info

  • Taxes: 4284.49
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 30, 2021
Sold by
Lavin Eileen
Bought by
Fordham Ellen and Fordham Stephen
Seller's Agent
Robert Castagna
FARRELL REALTY
Buyer's Agent
Susan Jelesiewicz
DOLPHIN REALTY
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$629,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,684
Avg. Annual Appreciation
6.46%
Original Mortgage
$380,000
Outstanding Balance
$344,375
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,309

Purchase Details

Closed on
Aug 25, 1997
Sold by
Straccione Raymond
Bought by
Lavin Albert and Lavin Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.41%

Purchase Details

Closed on
Nov 18, 1991
Sold by
Damato Albert and Damato Nadine
Bought by
Straccione Raymond A and Straccione Sandra R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fordham Ellen $475,000 Misc Company
Fordham Ellen $475,000 The Title Company
Lavin Albert $87,500 --
Straccione Raymond A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fordham Ellen $380,000
Closed Fordham Ellen $380,000
Previous Owner Lavin Albert $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $475,000 -4.8% $704 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $499,000 -- $739 / 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 $4,708 $255,500 $124,000 $131,500
2024 $4,708 $232,600 $124,000 $108,600
2023 $4,633 $232,600 $124,000 $108,600
2022 $4,496 $232,600 $124,000 $108,600
2021 $4,351 $232,600 $124,000 $108,600
2020 $4,284 $232,600 $124,000 $108,600
2019 $4,182 $232,600 $124,000 $108,600
2018 $4,087 $232,600 $124,000 $108,600
2017 $4,087 $232,600 $124,000 $108,600
2016 $4,031 $232,600 $124,000 $108,600
2015 $3,903 $232,600 $124,000 $108,600
2014 $3,761 $232,600 $124,000 $108,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Castagna

    FARRELL REALTY

    (215) 840-4178

    1 in this area

    1 Total Sale

    Robert Castagna
    Section Image

  • S

    Buyer's Agent in 2021

    Susan Jelesiewicz

    DOLPHIN REALTY

    (610) 636-4165

    10 in this area

    34 Total Sales

    Susan Jelesiewicz
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 210685

Cape May County Association of REALTORS®

APN: 05-00245-0000-00018

New Jersey Cape May County Villas 08204

502 Beach Ave, Villas, NJ

This home is located at 502 Beach Ave, Villas, NJ 08251 since 25 February 2021 and is currently estimated at $629,684, approximately $932 per square foot. This property was built in 1952. 502 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Nearby Homes