NOT LISTED FOR SALE

508 E Tampa Ave Villas, NJ 08251

Estimated Value: $263,000 - $384,000

3 Beds
1 Bath
528 Sq Ft
$631/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $176,000 $333 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,056/month

25 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Burning Stove
  • Detached Garage
  • Bungalow

About This Home

As of October 2021

This bungalow style home is located in a neighborhood within walking distance to the Delaware Bay which is great for the fisherman or someone who just loves to be near the water. This home features a spacious living room and kitchen, 3 bedrooms, bathroom, laundry room and a rear family room. The family room sits off kitchen which gives access to the back deck which is great for summer cook-outs and entertaining. Close to many NJ shore points.

Last Agent to Sell the Property

Michele Kelly

S KELLY REAL ESTATE LLC Listed on: 08/30/2021

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1939

Lot Details

  • 9,148

Parking

  • Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Wood Burning Stove
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well

Additional Features

  • Deck
  • Lot Dimensions are 90x100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,866

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Lvt Date: 08/31/2021
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Stove
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: Crawl Space
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Eat In Kitchen

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Detached Garage

Utilities

  • Heating: Forced Air, Oil
  • Sewer: Public Sewer
  • Water: Well

Lot Info

  • Lot Dimensions: 90x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Quiroz Itzchel Lopez
Bought by
Quiroz Itzchel Lopez and Lorenzo Ricardo Juarez
Current Estimated Value
$333,369

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
Outstanding Balance
$193,311
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$140,058

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 28, 2021
Sold by
Us Bank Na
Bought by
Lopez-Quiroz Itzchel
Seller's Agent
Michele Kelly
S KELLY REAL ESTATE LLC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$149,900
Sold Price
$176,000
Premium/Discount to List
$26,100
17.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%

Purchase Details

Closed on
Jun 15, 2021
Sold by
The Sheriff and The County
Bought by
Vrmtg Asset Trust and Us Bank Trust

Purchase Details

Closed on
Oct 7, 2020
Sold by
Gray Matthew and Us Bank Na Tr
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Jan 30, 2004
Sold by
Newby Wallace
Bought by
Gray Matthew and Gray Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2002
Sold by
Newby Wallace R
Bought by
Newby Wallace R and Gray Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
5.95%

Purchase Details

Closed on
May 21, 1991
Sold by
Devine Margaret
Bought by
Gorman William F
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
Quiroz Itzchel Lopez -- Shore Title
Lopez-Quiroz Itzchel $176,000 None Available
Vrmtg Asset Trust $217,181 None Listed On Document
Us Bank Na Tr -- None Available
Gray Matthew -- --
Gray Matthew -- New Jersey Title Ins Co
Newby Wallace R -- --
Gorman William F $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiroz Itzchel Lopez $200,000
Previous Owner Gray Matthew $47,611
Previous Owner Gray Matthew $25,000
Previous Owner Gray Matthew J $15,000
Previous Owner Gray Matthew $156,140
Previous Owner Gray Matthew $15,000
Previous Owner Gray Matthew $132,000
Previous Owner Gray Matthew $22,000
Previous Owner Gray Matthew $89,000
Previous Owner Newby Wallace R $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $176,000 +17.4% $333 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $149,900 -- $284 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $2,866 $141,600 $86,000 $55,600
2024 $2,866 $141,600 $86,000 $55,600
2023 $2,821 $141,600 $86,000 $55,600
2022 $2,737 $141,600 $86,000 $55,600
2021 $2,455 $141,600 $86,000 $55,600
2020 $2,608 $141,600 $86,000 $55,600
2019 $2,546 $141,600 $86,000 $55,600
2018 $2,488 $141,600 $86,000 $55,600
2017 $2,488 $141,600 $86,000 $55,600
2016 $2,454 $141,600 $86,000 $55,600
2015 $2,376 $141,600 $86,000 $55,600
2014 $2,290 $141,600 $86,000 $55,600
Source: Public Records

Agents Affiliated with this Home

  • Michele Kelly

    Seller's Agent in 2021

    Michele Kelly

    S KELLY REAL ESTATE LLC

    (856) 457-2830

    5 in this area

    296 Total Sales

    Michele Kelly
    Section Image

  • A

    Buyer's Agent in 2021

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554871

South Jersey Shore Regional MLS

APN: 05-00065-0000-00004

New Jersey Cape May County Villas 08251

508 E Tampa Ave, Villas, NJ

This home is located at 508 E Tampa Ave, Villas, NJ 08251 since 30 August 2021 and is currently estimated at $333,369, approximately $631 per square foot. This property was built in 1939. 508 E Tampa Ave 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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