NOT LISTED FOR SALE

505 Hughes Ave Cape May, NJ 08204

Estimated Value: $463,000 - $575,506

3 Beds
2 Baths
998 Sq Ft
$512/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $207,000 $207 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,107/month

98 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Living Room
  • Ranch Style House
  • Fenced Yard
  • Laundry Room

About This Home

As of May 2019

Agents can logon to www.ShowingTime.com to schedule appointments. Appliances as-is. The large rear deck is in need of some repair conveying as-is.

Last Agent to Sell the Property

Kathleen Harron

RE/MAX SURFSIDE Listed on: 01/03/2019

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,033

Lot Details

  • Lot Dimensions are 67x125
  • Fenced Yard

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 17 / 651

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,033

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 05-Lower Township
  • New Construction: No
  • Second Address Number: 505
  • Lot Size2: 67x125
  • Selling Agent1: 476
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard, Sidewalks

Utilities

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

Lot Info

  • Lot Number: 17
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3033
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
May 15, 2019
Sold by
France Victoria A
Bought by
Vargas Katiusca E and Graney Kimberly J
Seller's Agent
Kathleen Harron
RE/MAX SURFSIDE
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$249,900
Sold Price
$207,000
Premium/Discount to List
-$42,900
-17.17%
Current Estimated Value
$514,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,366
Avg. Annual Appreciation
15.89%

Purchase Details

Closed on
Jul 10, 1997
Sold by
Neal Frederick W
Bought by
France Victoria Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Average Value
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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
Vargas Katiusca E $207,000 --
France Victoria Ann $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Katiusca E $185,000
Previous Owner France Victoria Ann $125,000
Previous Owner France Victoria A $55,600
Previous Owner France Victoria A $15,000
Previous Owner France Victoria Ann $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $207,000 -10.0% $207 / Sq Ft
02/27/2019 02/27/19 Price Changed $229,900 -2.1% $230 / Sq Ft
02/13/2019 02/13/19 Price Changed $234,900 -4.1% $235 / Sq Ft
01/23/2019 01/23/19 Price Changed $244,900 -2.0% $245 / Sq Ft
01/03/2019 01/03/19 For Sale $249,900 -- $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 $3,492 $172,200 $119,500 $52,700
2024 $3,492 $172,200 $119,500 $52,700
2023 $3,442 $172,200 $119,500 $52,700
2022 $3,337 $172,200 $119,500 $52,700
2021 $3,186 $172,200 $119,500 $52,700
2020 $3,186 $172,200 $119,500 $52,700
2019 $3,106 $172,200 $119,500 $52,700
2018 $3,032 $172,200 $119,500 $52,700
2017 $3,036 $172,200 $119,500 $52,700
2016 $2,989 $172,200 $119,500 $52,700
2015 $2,893 $172,200 $119,500 $52,700
2014 $2,798 $172,200 $119,500 $52,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185552

Cape May County Association of REALTORS®

APN: 05-00651-0000-00007