NOT LISTED FOR SALE

226 W Drumbed Rd Villas, NJ 08251

Estimated Value: $453,000 - $497,000

2 Beds
1 Bath
937 Sq Ft
$517/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $169,000 $180 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,949/month

128 Days on Market

Highlights

  • Property is near a beach
  • Deck
  • Great Room
  • Building is beachfront but unit may not have water views
  • Ranch Style House
  • Porch

About This Home

As of September 2016

Just two houses to the most Amazing Sunsets you will ever see. Plenty of square footage. This home is clean and ready to move in. It features two bedrooms and a full bathroom. There is a powder room right off of the kitchen. The living room has a wood burning fireplace and a set of french doors that goes out to the family room. From the family room you can enter the huge two car garage. The family selling this home has enjoyed it and now are ready to pass it on. So a new family can make their own memories. VERY EASY TO SHOW!!!!

Last Agent to Sell the Property

Dan Harris

WEICHERT REALTORS CITY TO SHORE License #0570791 Listed on: 04/25/2016

WEICHERT REALTORS CITY TO SHORE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,280

Lot Details

  • Building is beachfront but unit may not have water views

Home Design

  • Ranch Style House
  • Block Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Storage In Attic

Kitchen

  • Oven
  • Stove
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 12-13 / 249

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,280

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Mainland
  • District Township: 05-Lower Township
  • Near: The Bay
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Stove Electric
  • Interior Amenities: Wall to Wall Carpet, Fireplace- Wood
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Dining Area, Great Room, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Block
  • Frontage: 100
  • Outside Features: Deck, Porch, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Propane, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12-13
  • Lot Size: 100x100
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 3280.49
  • Assessor Parcel Number: 05002490000000120000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Sep 9, 2016
Sold by
Luthe Gary G and Luthe Loris
Bought by
Stay John F and Stay Leslie J
Seller's Agent
Dan Harris
WEICHERT REALTORS CITY TO SHORE
List Price
$179,000
Sold Price
$169,000
Premium/Discount to List
-$10,000
-5.59%
Current Estimated Value
$484,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,350
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Myers Jacqueline
Bought by
Luthe Gary G and Luthe Loris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Stay John F $169,000 Attorney
Luthe Gary G $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stay John F $180,000
Closed Stay John F $180,000
Closed Stay John F $141,000
Closed Stay John F $109,750
Closed Stay John F $60,000
Previous Owner Luthe Gary G $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $169,000 -5.6% $180 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $179,000 -- $191 / 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 $3,707 $195,500 $128,000 $67,500
2024 $3,707 $195,500 $128,000 $67,500
2023 $3,644 $195,500 $128,000 $67,500
2022 $3,529 $195,500 $128,000 $67,500
2021 $2,643 $195,500 $128,000 $67,500
2020 $3,351 $195,500 $128,000 $67,500
2019 $3,515 $195,500 $128,000 $67,500
2018 $3,435 $195,500 $128,000 $67,500
2017 $3,435 $195,500 $128,000 $67,500
2016 $3,388 $195,500 $128,000 $67,500
2015 $3,280 $195,500 $128,000 $67,500
2014 $3,161 $195,500 $128,000 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169888

Cape May County Association of REALTORS®

APN: 05-00249-0000-00012