NOT LISTED FOR SALE

106 Carolina Ave Villas, NJ 08251

Estimated Value: $320,000 - $521,000

2 Beds
1 Bath
1,080 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $113,000 $105 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $2,225/month

16 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Interior Lot
  • Ranch Style House
  • Porch
  • Laundry Room

About This Home

As of April 2020

HUD Home. Sold “AS IS” by elec. bid only. Prop avail 2/18/2020. Bids due on 2/27/2020 by 11:59 PM Central Time then daily until sold. FHA Case #351-640924. (IE) Insured w/escrow repairs, eligible for FHA 203K. For Prop conditions, Forms, Discl & Avail please visit www.HUDHomestore.com. For additional forms, updates, step-by-step videos & free photo list, please visit www.BLBResources.com. BLBResources makes no warranty as to condition of property. Buyer to verify all info. Agents need to have an active NAID # with HUD that is issued by HUD to your broker in order to submit offers. Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is located in close proximity to a Special Flood Hazard Area. Buyer to verify additional information regarding flood zones and insurance. Please refer to www.floodtools.com for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Uses a propane system. Any required system repairs will be the buyer's expense, There is a disconnected, old well system in the crawl space. Property is connected to public water. Repairs: Missing vapor barrier in crawlspace, Defective paint, Evidence of water damage on small area of flooring. , Damaged interior walls. Commission: Listing Broker 3% of purchase price, Selling Broker up to 3% of purchase price. LBP.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 02/18/2020

COASTAL ELITE REALTY

Last Buyer's Agent

Toni Charlesworth

LONG & FOSTER REAL ESTATE, INC nwnj License #1329628

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 90x100
  • Fenced Yard
  • Interior Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 327 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,580

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1955
  • New Construction: No
  • Second Address Number: 106
  • Lot Size2: 90X100
  • Price per Sq Ft: 104.63
  • Selling Agent1: 4065
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Range
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Estimated Living Sq Ft: 1080
  • Other Rooms: Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

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

Garage/Parking

  • Parking Garage: Gravel Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 327
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 2580
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Apr 4, 2020
Sold by
Usa Hud
Bought by
Hogge Norris G and Frits Ashley A
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Toni Charlesworth
LONG & FOSTER REAL ESTATE, INC nwnj
List Price
$113,000
Sold Price
$113,000
Current Estimated Value
$378,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,082
Avg. Annual Appreciation
24.41%
Original Mortgage
$110,953
Outstanding Balance
$98,695
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$279,387

Purchase Details

Closed on
Aug 28, 2019
Sold by
Wells Fargo Bank Na
Bought by
Usa Hud

Purchase Details

Closed on
Aug 6, 2019
Sold by
Nolan Robert A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 25, 2018
Sold by
Mcgraw Sheila
Bought by
Rutherford Denise M

Purchase Details

Closed on
Sep 2, 2005
Sold by
Smith Sheila and Mcgraw Patrick J
Bought by
Mcgraw Patrick J and Mcgraw Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 30, 2004
Sold by
Bower William and Bower Heather
Bought by
Smith Sheila and Mcgraw Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2001
Sold by
Elia Vincent Joseph
Bought by
Bower William and Bower Heather
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
Hogge Norris G $113,000 Misc Company
Usa Hud -- None Available
Wells Fargo Bank Na -- --
Rutherford Denise M $1,000 --
Mcgraw Patrick J -- --
Smith Sheila $145,000 The Title Company Of Jersey
Bower William $69,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogge Norris G $110,953
Previous Owner Mcgraw Patrick J $35,000
Previous Owner Mcgraw Patrick J $140,000
Previous Owner Smith Sheila $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $113,000 0.0% $105 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $113,000 -- $105 / 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 $2,904 $143,500 $86,000 $57,500
2024 $2,904 $143,500 $86,000 $57,500
2023 $2,859 $143,500 $86,000 $57,500
2022 $2,774 $143,500 $86,000 $57,500
2021 $2,688 $143,500 $86,000 $57,500
2020 $2,643 $143,500 $86,000 $57,500
2019 $2,580 $143,500 $86,000 $57,500
2018 $2,521 $143,500 $86,000 $57,500
2017 $2,521 $143,500 $86,000 $57,500
2016 $2,487 $143,500 $86,000 $57,500
2015 $2,408 $143,500 $86,000 $57,500
2014 $2,320 $143,500 $86,000 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200721

Cape May County Association of REALTORS®

APN: 05-00327-0000-00003