NOT LISTED FOR SALE

2 E Drumbed Rd Villas, NJ 08251

Estimated Value: $247,000 - $327,000

2 Beds
1 Bath
600 Sq Ft
$465/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $217,000 $362 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,762/month

185 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Ceiling Fan
  • Fenced Yard
  • Living Room
  • Baseboard Heating

About This Home

As of March 2023

Being sold in "AS-IS" condition. Seller will provide passing Lower Twp. fire certification. There is also propane tank at the property for the gas stove. There is a wall heater NOT guaranteed to be conveyed in working order as part of sale or as the heat source. There is baseboard electric for the heat.

Last Agent to Sell the Property

Kimberly Gipple

COASTLINE REALTY, LLC Listed on: 08/05/2022

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x100
  • Fenced Yard

Home Design

  • Ranch Style House

Interior Spaces

  • 600 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 263 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,909

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 05-Lower Township
  • Near: Delaware Bay & Beaches
  • Estimated Year Built: 1950
  • New Construction: No
  • Lot Size2: 50x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Smoke/Fire Detector, Stove Propane
  • Interior Amenities: Wall to Wall Carpet, Laminate Flooring, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 600
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Dining Area, Storage Attic

Exterior Features

  • Construction: Ranch
  • House Color: Light Blue
  • Outside Features: Fenced Yard, Cable TV

Utilities

  • Cooling: Ceiling Fan
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 263
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Residentia

Tax Info

  • Taxes: 1908.59
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Mar 17, 2023
Sold by
Young Roger A
Bought by
Greenland George R and Greenland Susan M
Seller's Agent
Kimberly Gipple
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$249,900
Sold Price
$217,000
Premium/Discount to List
-$32,900
-13.17%
Views
160
Current Estimated Value
$305,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,951
Avg. Annual Appreciation
9.11%
Original Mortgage
$135,000
Outstanding Balance
$130,259
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$148,677

Purchase Details

Closed on
Mar 29, 2000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greenland George R $217,000 The Title Company
-- $41,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenland George R $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $217,000 -11.4% $362 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
10/06/2022 10/06/22 Price Changed $245,000 -2.0% $408 / Sq Ft
08/05/2022 08/05/22 For Sale $249,900 -- $417 / 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 $2,062 $101,900 $70,000 $31,900
2024 $2,062 $101,900 $70,000 $31,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222485

Cape May County Association of REALTORS®

APN: 05-00263-0000-00003