NOT LISTED FOR SALE

705 Bayshore Rd Villas, NJ 08251

Estimated Value: $317,000

0.11 Acre
$2,805,310 Price per Acre
4,922 Sq Ft Lot

Last Sold December 04, 2015

Last sale price $17,000

Est. 1,765% increase in value since last sale

Current estimated payment $1,760/month

93 Days on Market

About This Lot

As of December 2015

Commercially zoned vacant lot in a prime location with amazing visibility and priced to sell quickly! This lot measures 50 x 98 and will need a variance to build as the current buildable lot size in Lower Township is 75 x 100. The other option is to purchase along with MLS number 165272 which is 2 W. Tampa Avenue. The lots are joined in an "L" fashion. This could give the home on 2 W. Tampa Avenue a larger back yard. The current seller used this lot as a backyard and had a pool on it at one point. The seller will offer a discount to a buyer who purchases as a package. Great location only 1 block to the Delaware Bay beaches and sunsets! Seller motivated.

Last Agent to Sell the Property

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm Listed on: 08/03/2015

LONG & FOSTER REAL ESTATE, INC cm

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $758

Lot Details

Additional Features

  • Property near a bay
  • Property is zoned Commercial, commercial

Listing and Financial Details

  • Legal Lot and Block 25 / 59

Property Details

Property Type

Land

Est. Annual Taxes

$758

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Commercial Vacant Lot
  • District Township: 05-Lower Township
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 25
  • Lot Size: 50x98
  • Zoning: commercial
  • Lot Size Range: 1 to 6000 SqFt
  • Improvements: Water, Sewer
  • Specific Lot Information: Var Req To Build
  • Zoning: Commercial

Tax Info

  • Tax Database Id: 1
  • Taxes: 758.38
  • Assessor Parcel Number: 05000590000000250000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Dec 4, 2015
Sold by
Loos Kathleen
Bought by
Pismennyy Oleg N
Seller's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
List Price
$37,000
Sold Price
$17,000
Premium/Discount to List
-$20,000
-54.05%
Current Estimated Value
$317,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,000
Avg. Annual Appreciation
34.63%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Chester Lydia
Bought by
Johnson Gregory and Johnson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,100
Interest Rate
7.21%

Purchase Details

Closed on
Oct 28, 1985
Bought by
Mcclain
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
Pismennyy Oleg N $17,000 None Available
Johnson Gregory $92,500 --
Mcclain $7,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Gregory $85,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $17,000 -54.1% --
11/04/2015 11/04/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $37,000 -- --
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 $949 $46,900 $46,900 --
2024 $949 $46,900 $46,900 $0
2023 $934 $46,900 $46,900 $0
2022 $907 $46,900 $46,900 $0
2021 $878 $46,900 $46,900 $0
2020 $864 $46,900 $46,900 $0
2019 $843 $46,900 $46,900 $0
2018 $824 $46,900 $46,900 $0
2017 $824 $46,900 $46,900 $0
2016 $813 $46,900 $46,900 $0
2015 $787 $46,900 $46,900 $0
2014 $758 $46,900 $46,900 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rebecca Chamberlain,SFR,SRES

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 972-7507

    77 in this area

    132 Total Sales

    Rebecca Chamberlain,SFR,SRES
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165419

Cape May County Association of REALTORS®

APN: 05-00059-0000-00025

New Jersey Cape May County Villas 08251

705 Bayshore Rd, Villas, NJ

This home is located at 705 Bayshore Rd, Villas, NJ 08251 since 03 August 2015 and is currently estimated at $317,000. 705 Bayshore 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.

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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