NOT LISTED FOR SALE

505 Dune Rd Villas, NJ 08251

Estimated Value: $743,000 - $1,062,000

3 Beds
2 Baths
2,588 Sq Ft
$358/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $320,000 $124 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $5,532/month

61 Days on Market

Highlights

  • Property near a bay
  • Porch
  • Interior Lot
  • Fenced Yard
  • 1 Car Attached Garage
  • Central Air

About This Home

As of June 2018

Seller is unaware of the condition of the Property. Seller or Seller's Agent makes no warranties, expressed or implied as to the condition of the property. It is the intent of the Seller to sell the property in its " as is " present condition. Seller shall not provide a survey, property condition report, homeowners warranty or Certification of Occupancy. Buyer should satisfy all questions and concerns with personal inspection and research. Pre-qualification letter or proof of funds should accompany all offers. Tenants vacating end of October 2017. Please allow 24 hours notice until then

Last Agent to Sell the Property

Michael Bailey

COASTAL ELITE REALTY Listed on: 03/29/2018

COASTAL ELITE REALTY

Co-Listed By

John Davis

COASTAL ELITE REALTY

Last Buyer's Agent

Annie Mullock

Tim Kerr Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,557

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 75 x 100
  • Fenced Yard
  • Interior Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,588 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property near a bay
  • Porch

Utilities

  • Central Air
  • Well

Listing and Financial Details

  • Legal Lot and Block 7 / 512.28

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,557

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Mainland
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Estimated Year Built: 1989
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 505
  • Listing Office2: 508
  • Lot Size2: 75 x 100
  • Price per Sq Ft: 123.65
  • Selling Agent1: 3797
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Estimated Living Sq Ft: 2588

Exterior Features

  • Construction: Two Story
  • Outside Features: Porch, Fenced Yard

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, See Remarks

Utilities

  • Cooling: Central Air Condition
  • Sewer: City
  • Water: Well

Lot Info

  • Lot Number: 7
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 6556.59
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 19, 2018
Sold by
Us Bank Na Tr
Bought by
Mulvey Michael P and Linzey Jennifer S
Seller's Agent
Michael Bailey
COASTAL ELITE REALTY
Buyer's Agent
Annie Mullock
Tim Kerr Sotheby's International Realty
List Price
$369,900
Sold Price
$320,000
Premium/Discount to List
-$49,900
-13.49%
Current Estimated Value
$926,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,749
Avg. Annual Appreciation
15.60%
Original Mortgage
$225,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2018
Sold by
Nolan Robert A
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 6, 1994
Sold by
Ros Len Inc
Bought by
Mantzaris Vasilios and Mantzaris Christos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
8.29%

Purchase Details

Closed on
Apr 17, 1993
Sold by
Mantzaris Vasilios and Mantzaris Athanasia
Bought by
Mantzaris Nicholas and Mantzaris Athanasia

Purchase Details

Closed on
Dec 8, 1989
Sold by
Denham Ross
Bought by
Mantzaris Vasilios and Mantzaris Athanasia

Purchase Details

Closed on
Mar 15, 1989
Sold by
Schuler Ruthe
Bought by
Denham Ross
Source: Public Records

Range of Values:

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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
Mulvey Michael P $320,000 --
Us Bank Na -- --
Mantzaris Vasilios $85,000 --
Mantzaris Nicholas -- --
Mantzaris Nicholas -- --
Mantzaris Vasilios $164,000 --
Denham Ross $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulvey Michael P $225,000
Previous Owner Mantzaris Vasilios $4,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $320,000 -13.5% $124 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $369,900 -- $143 / 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 $7,656 $420,400 $132,000 $288,400
2024 $7,656 $377,500 $132,000 $245,500
2023 $7,546 $377,500 $132,000 $245,500
2022 $7,316 $377,500 $132,000 $245,500
2021 $5,427 $377,500 $132,000 $245,500
2020 $6,984 $377,500 $132,000 $245,500
2019 $6,709 $371,900 $132,000 $239,900
2018 $6,549 $371,900 $132,000 $239,900
2017 $6,557 $371,900 $132,000 $239,900
2016 $6,456 $371,900 $132,000 $239,900
2015 $6,248 $371,900 $132,000 $239,900
2014 $6,043 $371,900 $132,000 $239,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Bailey

    Seller's Agent in 2018

    Michael Bailey

    COASTAL ELITE REALTY

    (609) 271-9119

    18 Total Sales

    Michael Bailey
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    John Davis

    COASTAL ELITE REALTY

    (609) 780-7949

    3 Total Sales

    John Davis
    Section Image

  • A

    Buyer's Agent in 2018

    Annie Mullock

    Tim Kerr Sotheby's International Realty

    34 in this area

    74 Total Sales

    Annie Mullock
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 181104

Cape May County Association of REALTORS®

APN: 05-00512-28-00007

New Jersey Cape May County Villas 08251

505 Dune Rd, Villas, NJ

This home is located at 505 Dune Rd, Villas, NJ 08251 since 29 March 2018 and is currently estimated at $926,749, approximately $358 per square foot. This property was built in 1989. 505 Dune Rd 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.

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