NOT LISTED FOR SALE

224 E Pacific Ave Villas, NJ 08251

Estimated Value: $228,000 - $304,000

2 Beds
1 Bath
808 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $85,000 $105 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $1,602/month

108 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Enclosed Patio or Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2015

Lovely two bedroom, updated ranch style home features custom kitchen, hardwood flooring, updated bath, detached two car garage and lovely patio area. Easy to show. Sold in "as is" condition.

Last Agent to Sell the Property

Lisa Bassett, GRI

FARRELL REALTY - ncm License #9231632 Listed on: 01/02/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,723

Lot Details

  • 7,492

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • Blinds
  • Living Room
  • Sun or Florida Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Interior Lot

Listing and Financial Details

  • Legal Lot and Block 12, 13,14 / 90

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,723

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Refrigerator
  • Interior Amenities: Wood Flooring, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 6
  • Basement: Partial
  • Other Rooms: Living Room, Eat-In-Kitchen, Florida Room

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos
  • Frontage: 75
  • Outside Features: Patio, Enclosed/Covered Patio

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached

Utilities

  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: Well

Lot Info

  • Lot Number: 12, 13,14
  • Lot Size: 75 x 100
  • Total Assessment: 106500
  • Zoning: res
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 1723
  • Assessor Parcel Number: 05000900000000120000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2015
Closed on
May 20, 2015
Sold by
Gertsen Gina M
Bought by
Mathis Roy T
Seller's Agent
Lisa Bassett, GRI
FARRELL REALTY - ncm
List Price
$99,500
Sold Price
$85,000
Premium/Discount to List
-$14,500
-14.57%
Current Estimated Value
$275,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,860
Avg. Annual Appreciation
11.57%
Original Mortgage
$82,450
Outstanding Balance
$63,470
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$212,390

Purchase Details

Closed on
Apr 4, 2003
Sold by
Lambert Christian
Bought by
Gertsen Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.86%

Purchase Details

Closed on
Dec 20, 2002
Sold by
Cory Mark S
Bought by
Lambert Christian and Lambert Michelle

Purchase Details

Closed on
Jul 27, 1989
Sold by
Kaiss George and Kaiss Mrgery
Bought by
Cory Mark
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
Mathis Roy T $85,000 Surety Title Company
Gertsen Gina M $85,000 --
Lambert Christian $47,000 --
Cory Mark $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathis Roy T $82,450
Previous Owner Gertsen Gina M $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2015 05/20/15 Sold $85,000 -14.6% $105 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $99,500 -- $123 / 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 $2,156 $106,500 $80,000 $26,500
2024 $2,156 $106,500 $80,000 $26,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161599

Cape May County Association of REALTORS®

APN: 05-00090-0000-00012

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