NOT LISTED FOR SALE

502 E Tampa Ave Villas, NJ 08251

Estimated Value: $384,836

3 Beds
1 Bath
972 Sq Ft
$396/Sq Ft Est. Value

Sale Details

Date Sold: May 19, 2023

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

Est. 23% increase in value since last sale

Current estimated payment $2,251 / mo

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 $384,836, approximately $395 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

MaryAnn D. Mason, ABR, GRI, RSPS, MR

CENTURY 21 ALLIANCE wc License #8133747

CENTURY 21 ALLIANCE wc

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

9,148 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Estimated Year Built: 1936
  • New Construction: No
  • Lot Size2: 8999
  • 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
MaryAnn D. Mason, ABR, GRI, RSPS, MR
CENTURY 21 ALLIANCE wc
List Price
$315,000
Sold Price
$312,000
Premium/Discount to List
-$3,000
-0.95%
Views
186
Current Estimated Value
$384,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,836
Avg. Annual Appreciation
7.29%
Original Mortgage
$312,000
Outstanding Balance
$303,325
Interest Rate
6.39%
Estimated Equity
$81,511

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
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 $312,000
Closed Fraioli George $312,000
Previous Owner Gelir Durmus Yasar $100,000
Previous Owner Baldwin Matthew $49,591
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

  • Jeff Quintin

    Seller's Agent in 2023

    Jeff Quintin

    eXp REALTY

    (609) 398-5333

    12 in this area

    434 Total Sales

    Jeff Quintin
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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

New Jersey Cape May County Villas 08251

502 E Tampa Ave, Villas, NJ

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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.

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