NOT LISTED FOR SALE

507 Forest Rd Villas, NJ 08251

Estimated Value: $603,892 - $850,000

3 Beds
2 Baths
1,326 Sq Ft
$545/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2017

Last sale price $348,500 $263 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,271 / mo

160 Days on Market

Highlights

  • Property is near a beach
  • Screened Porch
  • Fenced Yard
  • Building is beachfront but unit may not have water views
  • Cottage
  • Laundry Room

About This Home

As of June 2017

This home is located at 507 Forest Rd, Villas, NJ 08251 since 27 October 2016 and is currently estimated at $722,973, approximately $545 per square foot. This property was built in 1988. 507 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

Brandon Wendling

LONG & FOSTER REAL ESTATE, INC cm Listed on: 10/27/2016

Last Buyer's Agent

Bonnie Allamong

SEASHORE REALTY License #1111820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,265

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 50x100
  • Building is beachfront but unit may not have water views
  • Fenced Yard

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,326 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Screened Porch
  • Laminate Flooring
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 2937 / 512.2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,265

Year Built

Built in 1988

Lot Details

1.15 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 05-Lower Township
  • Near: 1/2 block to beach
  • Also Includes: Blinds, Window Treatments
  • Estimated Year Built: 1988
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 50x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Laminate Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1326
  • Other Rooms: Pantry, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Cottage
  • Exterior: Shingle, Vinyl, Wood
  • Outside Features: Screened Porch, Fenced Yard, Outside Shower

Garage/Parking

  • Parking Garage: Gravel Driveway

Utilities

  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Baseboard
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City, Well

Lot Info

  • Lot Number: 2937
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4265
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Jun 1, 2017
Sold by
Gay Beverly
Bought by
Mcgonagle Donna M
Seller's Agent
Brandon Wendling
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Bonnie Allamong
SEASHORE REALTY
List Price
$379,000
Sold Price
$348,500
Premium/Discount to List
-$30,500
-8.05%
Current Estimated Value
$722,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,473
Avg. Annual Appreciation
8.50%
Original Mortgage
$278,800
Outstanding Balance
$231,967
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$491,006

Purchase Details

Closed on
Feb 28, 1981
Bought by
Gay Beverly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mcgonagle Donna M $348,500 None Available
Gay Beverly $9,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mcgonagle Donna M $278,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $348,500 -8.0% $263 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $379,000 -- $286 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $4,983 $245,700 $134,800 $110,900
2024 $4,983 $245,700 $134,800 $110,900
2023 $4,912 $245,700 $134,800 $110,900
2022 $4,762 $245,700 $134,800 $110,900
2021 $4,619 $245,700 $134,800 $110,900
2020 $4,545 $245,700 $134,800 $110,900
2019 $4,432 $245,700 $134,800 $110,900
2018 $4,327 $245,700 $134,800 $110,900
2017 $4,332 $245,700 $134,800 $110,900
2016 $4,265 $245,700 $134,800 $110,900
2015 $4,128 $245,700 $134,800 $110,900
2014 $3,993 $245,700 $134,800 $110,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brandon Wendling

    LONG & FOSTER REAL ESTATE, INC cm

  • Bonnie Allamong

    Buyer's Agent in 2017

    Bonnie Allamong

    SEASHORE REALTY

    (609) 602-1252

    2 Total Sales

    Bonnie Allamong
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 173108

Cape May County Association of REALTORS®

APN: 05-00512-12-02937

New Jersey Cape May County Villas 08251

507 Forest Rd, Villas, NJ

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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