NOT LISTED FOR SALE

511 Mallow Rd Villas, NJ 08251

Estimated Value: $950,000 - $1,212,000

4 Beds
3 Baths
2,468 Sq Ft
$438/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $569,000 $231 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,329/month

175 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Property is near a beach
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of April 2016

"Living in the Trees in a Bayside Dwelling" Located in Cape May Beach this beautifully designed and rebuilt in 2004, upside down house is just one house from the Bay. There are gorgeous Bay and wetland views along with a bird sanctuary across the street. A Park-like, no-care back yard makes for cool relaxing on a hot afternoon. This house also has plenty of inside living areas...large and small. The loft could be used for extra sleeping or an office and offers a private deck. Workshop and storage have independent entrances. Come have a look. There are plenty of attractive features and great sunset views!

Last Agent to Sell the Property

Gail Wilsey-Morrison, CRS, ABR

LONG & FOSTER REAL ESTATE, INC cm Listed on: 09/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,820

Lot Details

  • Building is beachfront but unit may not have water views
  • Interior Lot

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Loft
  • Workshop
  • Sun or Florida Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 28 / 512

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,820

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Inside Lot, Water View
  • District Township: 05-Lower Township
  • Near: Bay Beaches
  • Also Includes: Drapes, Curtains, Shades
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Propane
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Loft, Skylight, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Workshop, Loft, Florida Room, Great Room, 1st Floor Master Bedroom

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 3 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 28
  • Lot Size: 50 x 100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 5820
  • Assessor Parcel Number: 05005120004028810000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Feb 10, 2016
Sold by
Garrison William W and Garrison Barbara S
Bought by
Cohen Isabelle
Seller's Agent
Gail Wilsey-Morrison, CRS, ABR
LONG & FOSTER REAL ESTATE, INC cm
List Price
$599,000
Sold Price
$569,000
Premium/Discount to List
-$30,000
-5.01%
Current Estimated Value
$1,081,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,675
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Dec 14, 2005
Sold by
Emeras Barbara S and Garrison Barbara S
Bought by
Garrison Barbara S and Garrison William W

Purchase Details

Closed on
Dec 3, 2001
Sold by
Adams Anthony
Bought by
Hunter Paul R and Hunter Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.6%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Morris Frank J
Bought by
Adams Anthony and Adams Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,300
Interest Rate
8.16%
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
Cohen Isabelle $569,000 None Available
Garrison Barbara S -- --
Hunter Paul R $238,000 --
Adams Anthony $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Paul R $120,000
Previous Owner Adams Anthony $116,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $569,000 -5.0% $231 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
09/09/2015 09/09/15 For Sale $599,000 -- $243 / 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 $7,998 $394,400 $191,000 $203,400
2024 $7,998 $394,400 $191,000 $203,400
2023 $7,884 $394,400 $191,000 $203,400
2022 $7,643 $394,400 $191,000 $203,400
2021 $7,115 $394,400 $191,000 $203,400
2020 $7,296 $394,400 $191,000 $203,400
2019 $7,115 $394,400 $191,000 $203,400
2018 $6,945 $394,400 $191,000 $203,400
2017 $6,953 $394,400 $191,000 $203,400
2016 $6,847 $394,400 $191,000 $203,400
2015 $6,626 $394,400 $191,000 $203,400
2014 $6,409 $394,400 $191,000 $203,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166094

Cape May County Association of REALTORS®

APN: 05-00512-04-02881