NOT LISTED FOR SALE

503 Beechwood Ave Villas, NJ 08251

Estimated Value: $537,000 - $1,645,000

4 Beds
3 Baths
2,560 Sq Ft
$452/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $1,100,000 $430 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,596/month

64 Days on Market

Highlights

  • Beach Front
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Deck
  • Porch
  • Walk-In Closet

About This Home

As of July 2022

Inspections (home, termite) will be done for informational purposes only; Buyers agree that the property is being purchased "AS IS". Seller will provide a valid fire cert for the property for smoke/carbon and regulation fire extinguisher. Contracts should include proof of cash assets ; please include all terms, conditions and deposit information; Open House scheduled for Friday, 4/29, from 9 am to 6 pm.

Last Agent to Sell the Property

Edward Connolly

COASTLINE REALTY, LLC License #0560021 Listed on: 04/28/2022

Last Buyer's Agent

Heather Grey

CENTURY 21 ALLIANCE - NCM License #1647424

CENTURY 21 ALLIANCE  - NCM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,623

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 232.71x100
  • Beach Front
  • Property Fronts a Bay or Harbor

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 28 / 373.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,623

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Beach Front, Mainland, Water Front, Water View
  • District Township: 05-Lower Township
  • Near: in the dunes
  • Estimated Year Built: 1997
  • New Construction: No
  • Second Address Number: 503
  • Lot Size2: 232.71x100
  • Price per Sq Ft: 429.69
  • Selling Agent1: 4669
  • Selling Office1: 802
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Propane
  • Interior Amenities: Fireplace- Gas, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 12
  • Basement: Full, Outside Entrance, Inside Entrance, Masonry Floors/Wall, See Remarks
  • Estimated Living Sq Ft: 2560
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Laundry/Utility Room, See Remarks

Exterior Features

  • Construction: Contemporary, Three Story
  • Exterior: Wood
  • Outside Features: Deck, Porch, Cable TV

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 28
  • Lot Size: 1/4 to 1 Acre
  • Zoning: r

Tax Info

  • Taxes: 15622.51
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 19, 2022
Sold by
Johnston Linda J
Bought by
Abbasi Muhammed and Abbasi Bilquis
Seller's Agent
Edward Connolly
COASTLINE REALTY, LLC
Buyer's Agent
Heather Grey
CENTURY 21 ALLIANCE - NCM
List Price
$1,299,999
Sold Price
$1,100,000
Premium/Discount to List
-$199,999
-15.38%
Total Days on Market
64
Current Estimated Value
$1,157,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,601
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Dec 11, 1987
Bought by
Johnston Linda J
Source: Public Records

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    Taxes prior to renovation.

    Rebecca Chamberlain,SFR,SRES LONG & FOSTER REAL ESTATE, INC cm

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Range of Values:

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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
Abbasi Muhammed $1,100,000 Foundation Title
Johnston Linda J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnston Linda J $685,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $1,100,000 -15.4% $430 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,299,999 -- $508 / 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
2024 $17,441 $861,700 $550,800 $310,900
2023 $17,165 $861,700 $550,800 $310,900
2022 $16,657 $861,700 $550,800 $310,900
2021 $15,158 $861,700 $550,800 $310,900
2020 $15,873 $861,700 $550,800 $310,900
2019 $15,243 $861,700 $550,800 $310,900
2018 $14,890 $861,700 $550,800 $310,900
2017 $14,890 $861,700 $550,800 $310,900
2016 $14,683 $861,700 $550,800 $310,900
2015 $14,209 $861,700 $550,800 $310,900
2014 $13,684 $861,700 $550,800 $310,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221245

Cape May County Association of REALTORS®

APN: 05-00373-01-00028