$86,620
SOLD MAR 4, 2019

705 Desoto Ave Villas, NJ 08251

3 Beds
2 Baths
1,232 Sq Ft
1.38 Acres

Recently Sold

$70 Per Sq Ft

21% Below List Price

33 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Living Room
  • Fenced Yard
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of August 2019

All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale. Offer link to property: http://reo.exceleras.com/?c=AYB2 Minimum commission is $1,000.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 01/18/2019

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE

Last Buyer's Agent

Brian Giancola

RE/MAX SURFSIDE

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 60x100
  • Fenced Yard

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Living Room
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 17 / 67

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,781

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Estimated Year Built: 1973
  • New Construction: No
  • Second Address Number: 705
  • Listing Office2: 612
  • Lot Size2: 60x100
  • Price per Sq Ft: 70.31
  • Selling Agent1: 1478
  • Selling Office1: 612
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Electric
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1232
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Porch, Fenced Yard, Storage Building

Utilities

  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 17
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 2781.33
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 1, 2019
Sold by
Hellinger Donald
Bought by
Dutcher Zeleste
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
Buyer's Agent
James Meehan
HOFFMAN AGENCY
List Price
$249,000
Sold Price
$249,000
Current Estimated Value
$448,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,627
Avg. Annual Appreciation
10.17%

Purchase Details

Listed on
Jan 18, 2019
Closed on
Mar 5, 2019
Sold by
Silberlight Barry and Silverlight Elaine
Bought by
Nathan Mark S and Nathan Carey A
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Brian Giancola
RE/MAX SURFSIDE
List Price
$109,900
Sold Price
$86,620
Premium/Discount to List
-$23,280
-21.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1065.38%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Nolan Robert A
Bought by
M&T Bank Na

Purchase Details

Closed on
Apr 26, 2012
Sold by
Newbury Place Reo Ii Llc
Bought by
Kengeter Merlwynn and Saggese Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,080
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2011
Sold by
Larkin William James and Larkin Cristina M
Bought by
Newbury Place Reo Ii Llc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Jackson Courtney D and Jackson Deborah L
Bought by
Larkin William James and Larkin Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,579
Interest Rate
5.63%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $249,000 --
Deed $580,000 Title Company Of Jersey
Sheriffs Deed -- --
Deed $102,000 Mutliple
Deed -- None Available
Bargain Sale Deed $214,900 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $104,080 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $211,579 FHA
Previous Owner $81,000 Credit Line Revolving
Previous Owner $81,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $249,000 0.0% $202 / Sq Ft
07/06/2019 07/06/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $249,000 +187.5% $202 / Sq Ft
03/04/2019 03/04/19 Sold $86,620 +4.8% $70 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $82,620 -15.0% $67 / Sq Ft
01/25/2019 01/25/19 Price Changed $97,200 -11.6% $79 / Sq Ft
01/18/2019 01/18/19 For Sale $109,900 -- $89 / 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 $3,619 $178,800 $74,000 $104,800
2024 $3,619 $178,800 $74,000 $104,800
2023 $3,562 $178,800 $74,000 $104,800
2022 $3,456 $178,800 $74,000 $104,800
2021 $3,349 $178,800 $74,000 $104,800
2020 $3,294 $178,800 $74,000 $104,800
2019 $2,846 $158,300 $74,000 $84,300
2018 $2,781 $158,300 $74,000 $84,300
2017 $2,781 $158,300 $74,000 $84,300
2016 $2,743 $158,300 $74,000 $84,300
2015 $2,656 $158,300 $74,000 $84,300
2014 $2,560 $158,300 $74,000 $84,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185734

Cape May County Association of REALTORS®

APN: 05-00067-0000-00017