NOT LISTED FOR SALE

505 Forest Rd Villas, NJ 08251

Estimated Value: $695,000 - $1,034,000

4 Beds
3 Baths
2,140 Sq Ft
$390/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $485,000 $227 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,086/month

65 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Main Floor Primary Bedroom
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • <<bathWithWhirlpoolToken>>

About This Home

As of October 2017

This home is located at 505 Forest Rd, Villas, NJ 08251 since 03 July 2017 and is currently estimated at $834,540, approximately $389 per square foot. This property was built in 1975. 505 Forest 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.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 07/03/2017

Co-Listed By

Tai Menz

COASTLINE REALTY, LLC

Last Buyer's Agent

Richard Parker

deSatnick Real Estate LLC - Lower Township License #0451579

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 50 x 100
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Interior Lot
  • Cleared Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,140 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Loft
  • Screened Porch
  • Storage
  • Tile Flooring
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • <<bathWithWhirlpoolToken>>

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 4 Car Garage
  • Parking Pad
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 2938 / 512.12

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,724

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Cleared Lot, Inside Lot, Mainland
  • District Township: 05-Lower Township
  • Near: Bay block
  • Also Includes: Partial Furniture, Window Treatments
  • Estimated Year Built: 1975/2006
  • New Construction: No
  • Second Address Number: 505
  • Listing Office2: 20
  • Lot Size2: 50 x 100
  • Price per Sq Ft: 226.64
  • Selling Agent1: 1629
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Storage, Walk in Closet, Whirlpool, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2140
  • Other Rooms: Living Room, Eat-In-Kitchen, Dining Area, Loft, Great Room, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 50
  • Outside Features: Patio, Deck, Porch, Screened Porch, Fenced Yard, Storage Building, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Parking Pad, Concrete Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Electric, Forced Air, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 2938
  • Lot Size: 1 to 6000 SqFt
  • Zoning: r

Tax Info

  • Taxes: 4724
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Oct 31, 2017
Sold by
Sweet Dennis and Sweet Yvonne
Bought by
Hawkins Carol A and Ketels Christopher J
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Richard Parker
deSatnick Real Estate LLC - Lower Township
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Current Estimated Value
$834,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,540
Avg. Annual Appreciation
7.14%
Original Mortgage
$388,000
Outstanding Balance
$328,968
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$494,845

Purchase Details

Closed on
Nov 1, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.07%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 16, 2005
Sold by
Hill Elizabeth
Bought by
Hill Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.07%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 1, 1988
Sold by
Conti Doris and Conti Nicholas
Bought by
Wiegand James and Wiegand Mae
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
Hawkins Carol A $485,000 Shore Title Agency Inc
-- $332,800 --
Sweet Dennis $332,750 Chicago Title Insurance Co
Hill Elizabeth -- --
Wiegand James $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Carol A $388,000
Previous Owner Sweet Dennis $225,000
Previous Owner Sweet Dennis $196,500
Previous Owner Sweet Dennis $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $485,000 -7.6% $227 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $525,000 -- $245 / 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 $5,573 $274,800 $126,300 $148,500
2023 $5,493 $274,800 $126,300 $148,500
2022 $5,326 $274,800 $126,300 $148,500
2021 $5,166 $274,800 $126,300 $148,500
2020 $5,084 $274,800 $126,300 $148,500
2019 $4,957 $274,800 $126,300 $148,500
2018 $4,839 $274,800 $126,300 $148,500
2017 $4,797 $272,100 $126,300 $145,800
2016 $4,724 $272,100 $126,300 $145,800
2015 $4,571 $272,100 $126,300 $145,800
2014 $4,422 $272,100 $126,300 $145,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177117

Cape May County Association of REALTORS®

APN: 05-00512-12-02938