NOT LISTED FOR SALE

525 Desoto Ave Villas, NJ 08251

Estimated Value: $331,000 - $462,000

3 Beds
1 Bath
864 Sq Ft
$428/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $383,500 $444 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,256/month

47 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Fenced Yard
  • Main Floor Primary Bedroom
  • Den
  • 1 Car Detached Garage

About This Home

As of November 2023

Solar installed approx. 4 years ago. $74.32 a month payment and exp. 2039. The owner state the panels produce well and electric bill was $39.50 total 2022 once credits were applied. Very affordable monthly electric payments. Bay pictures are from approx. 7 blocks away. Flood insurance $443. a year.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 08/19/2023

Last Buyer's Agent

Theresa L. Senico, ABR,GRI,SRES

deSatnick Real Estate LLC - Lower Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 60 x 100
  • Fenced Yard
  • Corner Lot
  • Cleared Lot
  • Property is zoned r-3

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room
  • Den
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Additional Features

  • Solar owned by a third party
  • Patio

Listing and Financial Details

  • Legal Lot and Block 25, 26 / 65

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,758

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Corner, Mainland
  • District Township: 05-Lower Township
  • Near: 7 blocks to beach
  • Also Includes: Blinds
  • Estimated Year Built: 1976
  • New Construction: No
  • Second Address Number: 525
  • Lot Size2: 60 x 100
  • Selling Agent1: 422
  • Selling Office1: 937
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Wall to Wall Carpet, Laminate Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space, Inside Entrance
  • Other Rooms: Living Room, Den/TV Room, Eat-In-Kitchen, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl, Solar Panels-Leased
  • Frontage: 60
  • Outside Features: Patio, Fenced Yard

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached

Utilities

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

Lot Info

  • Lot Number: 25, 26
  • Lot Size: 6001-10000 SqFt
  • Zoning: r-3

Tax Info

  • Taxes: 2758
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Nov 9, 2023
Sold by
Losrro Steven
Bought by
Oconnell John J and Oconnell Patricia
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Theresa L. Senico, ABR,GRI,SRES
deSatnick Real Estate LLC - Lower Township
List Price
$399,000
Sold Price
$383,500
Premium/Discount to List
-$15,500
-3.88%
Views
356
Current Estimated Value
$369,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,674
Avg. Annual Appreciation
-2.07%
Original Mortgage
$306,800
Outstanding Balance
$303,285
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$66,130

Purchase Details

Closed on
Nov 23, 2002
Sold by
Connelly Neill B
Bought by
Losito Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,379
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1998
Sold by
Champion Mortgage Inc
Bought by
Connelly Angela and Connelly Neill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.68%
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
Oconnell John J $383,500 Title Company Of Jersey
Losito Steven $72,500 --
Connelly Angela $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell John J $306,800
Previous Owner Losito Steven $31,730
Previous Owner Losito Steven $114,408
Previous Owner Losito Steven $50,050
Previous Owner Losito Steven $71,379
Previous Owner Connelly Angela $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $383,500 -2.7% $444 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/25/2023 09/25/23 Price Changed $394,000 -1.3% $456 / Sq Ft
08/19/2023 08/19/23 For Sale $399,000 -- $462 / 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 $2,895 $155,400 $74,000 $81,400
2024 $2,895 $155,400 $74,000 $81,400
2023 $2,846 $155,400 $74,000 $81,400
2022 $2,754 $155,400 $74,000 $81,400
2021 $2,495 $155,400 $74,000 $81,400
2020 $2,612 $155,400 $74,000 $81,400
2019 $2,485 $152,100 $74,000 $78,100
2018 $2,422 $152,100 $74,000 $78,100
2017 $2,422 $152,100 $74,000 $78,100
2016 $2,386 $152,100 $74,000 $78,100
2015 $2,302 $152,100 $74,000 $78,100
2014 $2,209 $152,100 $74,000 $78,100
Source: Public Records

Agents Affiliated with this Home

  • Carol Menz

    Seller's Agent in 2023

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    119 in this area

    280 Total Sales

    Carol Menz
    Section Image

  • T

    Buyer's Agent in 2023

    Theresa L. Senico, ABR,GRI,SRES

    deSatnick Real Estate LLC - Lower Township

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 232194

Cape May County Association of REALTORS®

APN: 05-00065-0000-00025

New Jersey Cape May County Villas 08251

525 Desoto Ave, Villas, NJ

This home is located at 525 Desoto Ave, Villas, NJ 08251 since 19 August 2023 and is currently estimated at $369,826, approximately $428 per square foot. This property was built in 1976. 525 Desoto 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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