NOT LISTED FOR SALE

1 Redwood Ave Villas, NJ 08251

Estimated Value: $505,000 - $634,000

3 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $390,000

Est. 46% increase in value since last sale

Current estimated payment $3,563/month

15 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Laundry closet
  • 4-minute walk to Villas Dog Run

About This Home

As of December 2021

This home is located at 1 Redwood Ave, Villas, NJ 08251 since 08 November 2021 and is currently estimated at $570,201. 1 Redwood 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.

Last Agent to Sell the Property

Lisa Bassett, GRI

FARRELL REALTY License #9231632 Listed on: 11/08/2021

Last Buyer's Agent

Christen Andrews

COMPASS RE - Ocean City License #1223542

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $5,329

Lot Details

  • Corner Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Stove
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 44 / 358.02

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$5,329

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Modular
  • Location: Corner
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Also Includes: Blinds
  • New Construction: No
  • Second Address Number: 1
  • Lot Size2: 56x90 +/-
  • Selling Agent1: 5568
  • Selling Office1: 925
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Area, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 90

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 44
  • Lot Size: 1 to 6000 SqFt
  • Zoning: res

Tax Info

  • Taxes: 5329
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 28, 2021
Sold by
Saploe Judith
Bought by
Brancato Mark J and Brancato Janet
Seller's Agent
Lisa Bassett, GRI
FARRELL REALTY
Buyer's Agent
Christen Andrews
COMPASS RE - Ocean City
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$570,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,201
Avg. Annual Appreciation
10.87%
Original Mortgage
$316,000
Outstanding Balance
$291,828
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,373

Purchase Details

Closed on
Oct 29, 2020
Sold by
Meca Investments Llc
Bought by
Sapione Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 1978
Bought by
Watson Robert T and Watson Thomas E
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
Brancato Mark J $395,000 None Available
Sapione Judith $312,500 Misc Company
Watson Robert T $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brancato Mark J $316,000
Previous Owner Sapione Judith $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $390,000 -2.5% --
11/23/2021 11/23/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $399,900 +566.5% --
06/19/2020 06/19/20 Sold $60,000 -29.4% --
01/27/2020 01/27/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $85,000 -- --
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 $5,758 $284,500 $83,000 $201,500
2024 $5,758 $284,500 $83,000 $201,500
2023 $5,667 $284,500 $83,000 $201,500
2022 $5,499 $284,500 $83,000 $201,500
2021 $1,555 $83,000 $83,000 $0
2020 $1,529 $83,000 $83,000 $0
2019 $1,492 $83,000 $83,000 $0
2018 $1,458 $83,000 $83,000 $0
2017 $1,458 $83,000 $83,000 $0
2016 $1,438 $83,000 $83,000 $0
2015 $1,393 $83,000 $83,000 $0
2014 $1,342 $83,000 $83,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214092

Cape May County Association of REALTORS®

APN: 05-00358-02-00044