NOT LISTED FOR SALE

206 Spruce Ave Villas, NJ 08251

Estimated Value: $867,000

0.34 Acre
$2,550,000 Price per Acre
14,810 Sq Ft Lot

Last Sold December 18, 2023

Last sale price $385,000

Est. 125% increase in value since last sale

Current estimated payment $4,757/month

5 Days on Market

About This Lot

As of December 2023

This home is located at 206 Spruce Ave, Villas, NJ 08251 since 12 July 2023 and is currently estimated at $867,000. 206 Spruce 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

Kaitlyn Arenberg

SEA HAVEN REAL ESTATE License #1866549 Listed on: 07/12/2023

Last Buyer's Agent

Rian L. Krauss

deSatnick Real Estate LLC - Cape May License #2186933

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,639

Lot Details

Additional Features

  • Property near a bay
  • Property is zoned R-3

Listing and Financial Details

  • Legal Lot and Block 2 / 315

Property Details

Property Type

Land

Est. Annual Taxes

$1,639

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • District Township: 05-Lower Township
  • Bay Proximity: 1 Block
  • Second Address Number: 206
  • Lot Size2: 14,700
  • Selling Agent1: 6041
  • Selling Agent2: 6506
  • Selling Office1: 479
  • Selling Office2: 96
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 2
  • Lot Size: 10000 to 20000 SqFt
  • Zoning: R-3

Tax Info

  • Taxes: 1639.18
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2024
Sold by
North Cape May Homes Llc
Bought by
Warco Matthew Logan and Bishop Meghan Elizabeth
Current Estimated Value
$867,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Outstanding Balance
$664,069
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$202,931

Purchase Details

Listed on
Jul 12, 2023
Closed on
Dec 18, 2023
Sold by
Hertler Joseph S and Hertler Lori A
Bought by
North Cape May Homes Llc
Seller's Agent
Kaitlyn Arenberg
SEA HAVEN REAL ESTATE
Buyer's Agent
Rian L. Krauss
deSatnick Real Estate LLC - Cape May
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.99%

Purchase Details

Closed on
Aug 30, 2014
Sold by
Riviello Alice E
Bought by
Hertler Joseph S and Hertler Lori A

Purchase Details

Closed on
Jun 18, 1992
Sold by
Riviello Stanley and Riviello Alice E
Bought by
Riviello Stanley and Riviello Alice E
Source: Public Records

Range of Values:

Collateral Analytics

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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
Warco Matthew Logan $895,000 Oceans Edge Settlement Service
North Cape May Homes Llc $385,000 Title Company Of Jersey
Hertler Joseph S -- Shore Title Agency Inc
Riviello Stanley -- --
Riviello Alice E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warco Matthew Logan $671,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $385,000 -1.0% --
07/17/2023 07/17/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $389,000 -- --
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 $1,716 $417,000 $83,900 $333,100
2024 $1,716 $84,800 $84,800 $0
2023 $1,689 $84,800 $84,800 $0
2022 $1,639 $84,800 $84,800 $0
2021 $2,034 $108,900 $84,800 $24,100
2020 $2,006 $108,900 $84,800 $24,100
2019 $1,958 $108,900 $84,800 $24,100
2018 $1,913 $108,900 $84,800 $24,100
2017 $1,913 $108,900 $84,800 $24,100
2016 $1,887 $108,900 $84,800 $24,100
2015 $1,827 $108,900 $84,800 $24,100
2014 $1,761 $108,900 $84,800 $24,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kaitlyn Arenberg

    SEA HAVEN REAL ESTATE

    (609) 827-7537

    32 in this area

    61 Total Sales

    Kaitlyn Arenberg
    Section Image

  • R

    Buyer's Agent in 2023

    Rian L. Krauss

    deSatnick Real Estate LLC - Cape May

    (609) 884-1300

    9 in this area

    10 Total Sales

    Rian L. Krauss
    Section Image

  • C

    Buyer Co-Listing Agent in 2023

    Charles Young

    KELLER WILLIAMS REALTY JERSEY SHORE wc

    (609) 305-1859

    3 in this area

    5 Total Sales

    Charles Young
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 231834

Cape May County Association of REALTORS®

APN: 05-00315-0000-00002

New Jersey Cape May County Villas 08251

206 Spruce Ave, Villas, NJ

This home is located at 206 Spruce Ave, Villas, NJ 08251 since 12 July 2023 and is currently estimated at $867,000. 206 Spruce 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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