NOT LISTED FOR SALE

502 E Tampa Ave Villas, NJ 08251

Estimated Value: $364,726

3 Beds
1 Bath
972 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $312,000 $321 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,184/month

149 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Forced Air Heating System

About This Home

As of May 2023

This home is located at 502 E Tampa Ave, Villas, NJ 08251 since 27 October 2022 and is currently estimated at $364,726, approximately $375 per square foot. This property was built in 1936. 502 E Tampa 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

Jeff Quintin

eXp REALTY License #9134206 Listed on: 10/27/2022

eXp REALTY

Last Buyer's Agent

Mary Ann D. Mason, ABR, GRI, RSPS, MRP, SRS, C2EX

CENTURY 21 ALLIANCE wc License #8133747

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1936

Lot Details

  • 9,148

Home Design

  • 972 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Range
  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 1 / 65

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,214

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Estimated Year Built: 1936
  • New Construction: No
  • Second Address Number: 502
  • Lot Size2: 8999
  • Price per Sq Ft: 320.99
  • Selling Agent1: 533
  • Selling Office1: 96
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Appliances Included: Range, Refrigerator
  • Interior Amenities: Wood Flooring, Laminate Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 7
  • Estimated Living Sq Ft: 972
  • Other Rooms: Laundry/Utility Room

Exterior Features

  • Exterior: Vinyl

Utilities

  • Cooling: None
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 118200

Tax Info

  • Taxes: 2213.89
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
May 19, 2023
Sold by
Gelir Durmus Yasar and Gelir Fatma T
Bought by
Fraioli George
Seller's Agent
Jeff Quintin
eXp REALTY
Buyer's Agent
Mary Ann D. Mason, ABR, GRI, RSPS, MRP, SRS, C2EX
CENTURY 21 ALLIANCE wc
List Price
$315,000
Sold Price
$312,000
Premium/Discount to List
-$3,000
-0.95%
Views
194
Current Estimated Value
$364,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,726
Avg. Annual Appreciation
6.04%
Original Mortgage
$312,000
Interest Rate
6.39%

Purchase Details

Closed on
Sep 30, 2003
Sold by
Wilson Douglas
Bought by
Gelir Durmus Yasar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.43%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Laird Rachel
Bought by
Baldwin Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,591
Interest Rate
7.19%
Mortgage Type
FHA
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
Fraioli George $312,000 Group 21 Title
Gelir Durmus Yasar $129,000 --
Baldwin Matthew $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraioli George $318,990
Closed Fraioli George $312,000
Previous Owner Gelir Durmus Yasar $111,000
Previous Owner Gelir Durmus Yasar $100,000
Previous Owner Baldwin Matthew $49,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $312,000 +4.0% $321 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
12/22/2022 12/22/22 Price Changed $299,900 -4.8% $309 / Sq Ft
10/27/2022 10/27/22 For Sale $315,000 -- $324 / 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 $2,355 $118,200 $86,000 $32,200
2024 $2,355 $118,200 $86,000 $32,200
2023 $2,355 $118,200 $86,000 $32,200
2022 $2,285 $118,200 $86,000 $32,200
2021 $2,214 $118,200 $86,000 $32,200
2020 $2,177 $118,200 $86,000 $32,200
2019 $2,125 $118,200 $86,000 $32,200
2018 $2,077 $118,200 $86,000 $32,200
2017 $2,077 $118,200 $86,000 $32,200
2016 $2,048 $118,200 $86,000 $32,200
2015 $1,983 $118,200 $86,000 $32,200
2014 $1,911 $118,200 $86,000 $32,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223342

Cape May County Association of REALTORS®

APN: 05-00065-0000-00001