NOT LISTED FOR SALE

107 E Drumbed Rd Villas, NJ 08251

Estimated Value: $519,000 - $607,000

3 Beds
2 Baths
540 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $499,000 $924 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,133/month

30 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Porch
  • Ranch Style House
  • Fenced Yard
  • Interior Lot

About This Home

As of January 2024

This home is located at 107 E Drumbed Rd, Villas, NJ 08251 since 01 November 2023 and is currently estimated at $569,823, approximately $1,055 per square foot. This property was built in 1962. 107 E Drumbed 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.

Last Agent to Sell the Property

Nichole Koch

CENTURY 21 ALLIANCE wc Listed on: 11/01/2023

CENTURY 21 ALLIANCE wc

Co-Listed By

Michael Wilson

CENTURY 21 ALLIANCE - NCM License #1971449

Last Buyer's Agent

Caroline Kell

eXp REALTY License #2188664

eXp REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,973

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x100
  • Fenced Yard
  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 13 / 262

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,973

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Near: The Bay
  • Estimated Year Built: 1962
  • New Construction: No
  • Listing Office2: 802
  • Lot Size2: 50x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Dishwasher, Stove Natural Gas
  • Interior Amenities: Vinyl Flooring, 1763
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room

Exterior Features

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

Utilities

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

Lot Info

  • Lot Number: 13
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 1973
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 30, 2024
Sold by
Knight Christine
Bought by
Fenwick Eric
Seller's Agent
Nichole Koch
CENTURY 21 ALLIANCE wc
Buyer's Agent
Caroline Kell
eXp REALTY
List Price
$525,000
Sold Price
$499,000
Premium/Discount to List
-$26,000
-4.95%
Views
200
Current Estimated Value
$569,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,823
Avg. Annual Appreciation
6.90%
Original Mortgage
$474,905
Outstanding Balance
$466,512
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$103,311

Purchase Details

Listed on
Jan 21, 2023
Closed on
Feb 24, 2023
Sold by
Kirk Jeffrey M and Kirk Jessica L
Bought by
Knight Christine
Seller's Agent
Robert Evelyn
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Michael Wilson
CENTURY 21 ALLIANCE - NCM
List Price
$200,000
Sold Price
$200,000
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.27%

Purchase Details

Closed on
Jul 2, 2002
Sold by
Thopmson Joyce M
Bought by
Weidman Allan and Weidman Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fenwick Eric $499,900 Surety Title
Knight Christine $200,000 Group 21 Title
Knight Christine $200,000 Group 21 Title
Weidman Allan $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenwick Eric $474,905
Previous Owner Weidman Allan $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Sold $499,000 0.0% $924 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $499,000 -5.0% $924 / Sq Ft
11/26/2023 11/26/23 For Sale $525,000 +162.5% $972 / Sq Ft
02/24/2023 02/24/23 Sold $200,000 0.0% $370 / Sq Ft View Prior Sale
01/26/2023 01/26/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $200,000 0.0% $370 / Sq Ft
01/24/2023 01/24/23 Off Market $200,000 -- --
01/21/2023 01/21/23 For Sale $200,000 +150.0% $370 / Sq Ft
10/28/2016 10/28/16 Sold $80,000 -23.7% $148 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $104,900 -- $194 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $2,067 $275,500 $70,000 $205,500
2024 $2,067 $102,100 $70,000 $32,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232974

Cape May County Association of REALTORS®

APN: 05-00262-0000-00013