NOT LISTED FOR SALE

17 Matthews Ave Villas, NJ 08251

Estimated Value: $390,543 - $448,000

3 Beds
2 Baths
1,056 Sq Ft
$395/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $235,000 $223 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,480/month

13 Days on Market

Highlights

  • Property near a bay
  • Great Room
  • Living Room
  • Ranch Style House
  • Interior Lot
  • Laundry closet

About This Home

As of July 2020

Seller is a Licensed NJ Real Estate Salesperson. Agents: There will be 2 new homes built on either side of this home. Each 1200sf ranch homes.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 06/04/2020

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 50 x 100
  • Interior Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Living Room
  • Vinyl Flooring
  • Crawl Space
  • Laundry closet

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 & 16 / 168

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,364

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Mainland
  • District Township: 05-Lower Township
  • Estimated Year Built: 1965/2020
  • Bay Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 17
  • Listing Office2: 858
  • Lot Size2: 50 x 100
  • Price per Sq Ft: 222.54
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Dishwasher, Stove Natural Gas
  • Interior Amenities: Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1056
  • Other Rooms: Living Room, Kitchen, Great Room, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Blue
  • Outside Features: Cable TV

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 15 & 16
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 2364.37
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 16, 2020
Sold by
Lone Palm Llc
Bought by
Tegeder Dawn and Tegeder Rosemarie
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$417,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,636
Avg. Annual Appreciation
11.65%
Original Mortgage
$188,000
Outstanding Balance
$166,706
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,930

Purchase Details

Listed on
Jan 9, 2019
Closed on
May 8, 2019
Sold by
Nrz Reo Inventory Corp
Bought by
Lone Palm Llc
Seller's Agent
Joseph Zarroli
ISLAND REALTY GROUP LLC
Buyer's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$110,000
Sold Price
$84,000
Premium/Discount to List
-$26,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.54%

Purchase Details

Closed on
Aug 28, 2018
Sold by
Us Bank Na
Bought by
Nrz Reo Inventory Corp

Purchase Details

Closed on
Mar 29, 2002
Sold by
Anna Mae Stamp Estate
Bought by
Webber Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
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
Tegeder Dawn $235,000 Misc Company
Lone Palm Llc $84,000 Fortune Title
Nrz Reo Inventory Corp -- --
Webber Charles R $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tegeder Dawn $188,000
Previous Owner Webber Charles R $92,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $235,000 0.0% $223 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $235,000 +179.8% $223 / Sq Ft
05/31/2019 05/31/19 Sold $84,000 -19.9% $80 / Sq Ft
02/13/2019 02/13/19 Price Changed $104,900 -4.6% $99 / Sq Ft
01/09/2019 01/09/19 For Sale $110,000 -- $104 / 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 $3,194 $157,800 $70,000 $87,800
2024 $3,194 $157,800 $70,000 $87,800
2023 $3,143 $157,800 $70,000 $87,800
2022 $3,050 $157,800 $70,000 $87,800
2021 $606 $157,800 $70,000 $87,800
2020 $2,422 $131,500 $70,000 $61,500
2019 $2,364 $131,500 $70,000 $61,500
2018 $1,733 $131,500 $70,000 $61,500
2017 $2,310 $131,500 $70,000 $61,500
2016 $2,279 $131,500 $70,000 $61,500
2015 $2,207 $131,500 $70,000 $61,500
2014 $2,126 $131,500 $70,000 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201857

Cape May County Association of REALTORS®

APN: 05-00168-0000-00015