NOT LISTED FOR SALE

503 Mallow Rd Villas, NJ 08251

Estimated Value: $631,000 - $733,000

3 Beds
2 Baths
1,162 Sq Ft
$595/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $280,000 $241 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,112/month

30 Days on Market

Highlights

  • Property is near a beach
  • Deck
  • Porch
  • Building is beachfront but unit may not have water views
  • Cottage
  • Eat-In Kitchen

About This Home

As of July 2015

Wonderful location abounding with nature and beautiful sunset skies is where you will find the 3 Bedroom, 2 Bath beach house just a short partial block to the beaches of the Delaware Bay and located across the street from the nature preserve. Sit on your front porch in the shade or move out onto the wrap around deck on cool breezy days. As you enter the home there's a spacious living room which opens up into the eat in kitchen with a slider to the deck. Down the hall is a hall bathroom and two bedrooms. The master bedroom is at the end of the hall and offers plenty of space and private bath. There is a shed in the rear to store all of your beach toys. Call today this home will not last long.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 06/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,586

Lot Details

  • Building is beachfront but unit may not have water views

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Drapes & Rods
  • Blinds
  • Living Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 2885 / 512.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,586

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 05-Lower Township
  • Near: Beach
  • Also Includes: Curtains, Blinds
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Laminate Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Cottage
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Storage Building

Garage/Parking

  • Parking Garage: 1 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Propane, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 2885
  • Lot Size: 50x100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 4586
  • Assessor Parcel Number: 05005120004028850000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 30, 2015
Sold by
Luciano John F
Bought by
Martin Erin E
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Current Estimated Value
$691,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,579
Avg. Annual Appreciation
9.22%
Original Mortgage
$191,500
Outstanding Balance
$150,614
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$540,965

Purchase Details

Closed on
Jan 12, 2005
Sold by
Funkhouser Mary Margaret and Street Mary Margaret
Bought by
Luciano John F

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
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1993
Sold by
Golan Steven and Marie Annette
Bought by
Funkhouser James S Et Als
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
Martin Erin E $280,000 The Title Company Of Jersey
Luciano John F $325,000 The Title Company Of Jersey
Funkhouser James S Et Als $101,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Erin E $191,500
Previous Owner Luciano John F $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $280,000 -3.4% $241 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $290,000 -- $250 / 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 $5,899 $290,900 $191,000 $99,900
2024 $5,899 $290,900 $191,000 $99,900
2023 $5,815 $290,900 $191,000 $99,900
2022 $5,638 $290,900 $191,000 $99,900
2021 $5,469 $290,900 $191,000 $99,900
2020 $5,382 $290,900 $191,000 $99,900
2019 $5,248 $290,900 $191,000 $99,900
2018 $5,123 $290,900 $191,000 $99,900
2017 $5,129 $290,900 $191,000 $99,900
2016 $5,050 $290,900 $191,000 $99,900
2015 $4,887 $290,900 $191,000 $99,900
2014 $4,727 $290,900 $191,000 $99,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 164378

Cape May County Association of REALTORS®

APN: 05-00512-04-02885