NOT LISTED FOR SALE

25 E Bates Ave Villas, NJ 08251

Estimated Value: $359,000 - $459,000

5 Beds
2 Baths
560 Sq Ft
$716/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $225,000 $402 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,316/month

3 Days on Market

Highlights

  • Living Room
  • Forced Air Zoned Heating System
  • Outdoor Storage

About This Home

As of January 2021

This home is located at 25 E Bates Ave, Villas, NJ 08251 since 08 January 2021 and is currently estimated at $401,208, approximately $716 per square foot. 25 E Bates 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

Deborah A. Colubiale GRI, CRS

deSatnick Real Estate LLC - Lower Township Listed on: 01/08/2021

Last Buyer's Agent

Franklin Mathews

eXp REALTY

eXp REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,280

Lot Details

  • 6,098

Home Design

  • Duplex

Interior Spaces

  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Zoned Heating System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • Lot Dimensions are 60x75

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 29-30 / 96

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,280

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 05-Lower Township
  • New Construction: No
  • Lot Size2: 60x75
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Outside Features: Storage Building

Utilities

  • Separate Meter: Cable TV, Electric, Gas, Heat, Hot Water, Water
  • Heating: Gas Propane, Electric, Forced Air, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 29-30
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 2280
  • Tax Year: 2020

Multi Family

  • Number Of Units: 2
  • Total Rent: 1850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 21, 2021
Sold by
Parks Donna J and Wimmer Richard S
Bought by
Rhoads Shelley L
Seller's Agent
Deborah A. Colubiale GRI, CRS
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Franklin Mathews
eXp REALTY
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Current Estimated Value
$401,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,208
Avg. Annual Appreciation
12.47%

Purchase Details

Listed on
Apr 26, 2015
Closed on
Nov 22, 2016
Sold by
Schwemmer Craig
Bought by
Parks Donna and Parks Wimmer,Richard
Seller's Agent
Deborah A. Colubiale GRI, CRS
deSatnick Real Estate LLC - Lower Township
List Price
$179,900
Sold Price
$145,000
Premium/Discount to List
-$34,900
-19.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Sep 12, 2008
Sold by
Shea Robert
Bought by
Schwemmer Craig

Purchase Details

Closed on
Dec 16, 2004
Sold by
Kemper Raymond E and Kemper Pamela M
Bought by
Shea Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2001
Sold by
Hornberger Gloria
Bought by
Kemper Raymond E and Kemper Pamela M

Purchase Details

Closed on
Mar 10, 1994
Sold by
Dougherty Richard
Bought by
Hornberger Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.15%

Purchase Details

Closed on
Oct 23, 1992
Sold by
Dougherty Richard M
Bought by
Hornberger Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rhoads Shelley L $225,000 Misc Company
Parks Donna $145,000 --
Schwemmer Craig $115,000 Foundation Title Llc
Shea Robert $70,000 The Title Company Of Jersey
Kemper Raymond E $70,000 --
Hornberger Gloria $55,000 --
Hornberger Gloria $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shea Robert $100,000
Previous Owner Hornberger Gloria $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2021 01/26/21 Sold $225,000 +2.3% $402 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $219,900 +51.7% $393 / Sq Ft
11/21/2016 11/21/16 Sold $145,000 -19.4% $259 / Sq Ft View Prior Sale
10/22/2016 10/22/16 Pending -- -- --
04/26/2015 04/26/15 For Sale $179,900 -- $321 / 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 $2,566 $126,800 $71,600 $55,200
2024 $2,566 $126,800 $71,600 $55,200
2023 $2,526 $126,800 $71,600 $55,200
2022 $2,451 $126,800 $71,600 $55,200
2021 $2,375 $126,800 $71,600 $55,200
2020 $2,336 $126,800 $71,600 $55,200
2019 $2,280 $126,800 $71,600 $55,200
2018 $2,228 $126,800 $71,600 $55,200
2017 $2,228 $126,800 $71,600 $55,200
2016 $2,197 $126,800 $71,600 $55,200
2015 $2,128 $126,800 $71,600 $55,200
2014 $2,050 $126,800 $71,600 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210065

Cape May County Association of REALTORS®

APN: 05-00096-0000-00029