NOT LISTED FOR SALE

279 Arbor Rd Villas, NJ 08251

Estimated Value: $756,000 - $1,130,000

3 Beds
2 Baths
1,500 Sq Ft
$597/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $775,000 $517 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,547/month

35 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Deck
  • New Construction
  • Building is beachfront but unit may not have water views
  • 4-minute walk to Villas Dog Run

About This Home

As of November 2022

Sellers will deliver a 10 year new home warranty to Buyers at closing. Plumbing for future expansion has been installed on the first level. Sellers are a Licensed NJ Real Estate Agents.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE License #0451111 Listed on: 09/16/2022

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Last Buyer's Agent

Donna Grzybowski

Tim Kerr Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,755

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 50 x 100
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Property is zoned R3

Home Design

  • 2-Story Property
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / 349.08

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,755

Year Built

Built in 2022 | New Construction

Lot Details

1.15 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Mainland, Water View
  • District Township: 05-Lower Township
  • Near: Steps to the Bay!
  • Estimated Year Built: 2022
  • Bay Proximity: 1 Block
  • New Construction: Yes
  • Listing Office2: 858
  • Lot Size2: 50 x 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wall to Wall Carpet, Tile Flooring, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Full, Outside Entrance, Inside Entrance, Masonry Floors/Wall
  • Estimated Living Sq Ft: 1500
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Ranch, Two Story, See Remarks
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Green/White
  • Outside Features: Deck, Fenced Yard, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 20
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R3

Tax Info

  • Taxes: 10755
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 22, 2022
Sold by
Lone Palm Llc
Bought by
Hutchins Zachary and Hutchins Katie
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Donna Grzybowski
Tim Kerr Sotheby's International Realty
List Price
$824,500
Sold Price
$775,000
Premium/Discount to List
-$49,500
-6%
Views
1
Current Estimated Value
$895,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,096
Avg. Annual Appreciation
4.55%
Original Mortgage
$620,000
Outstanding Balance
$600,774
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$294,322

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 11, 2021
Sold by
Wms-Kreckmann Bridget C
Bought by
Cape Prop Svcs Llc and Lone Palm Llc
Seller's Agent
Deborah A. Colubiale GRI, CRS
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$150,000
Sold Price
$175,000
Premium/Discount to List
$25,000
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
219.81%

Purchase Details

Closed on
Nov 21, 2008
Sold by
Tepper John W and Tepper Dawn Marie
Bought by
Kreckmann Paul J and Wms Kreckmann Bridget C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hutchins Zachary $775,000 --
Cape Prop Svcs Llc $175,000 Misc Company
Kreckmann Paul J $150,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchins Zachary $620,000
Previous Owner Kreckmann Paul J $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2022 11/22/22 Sold $775,000 -6.0% $517 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $824,500 +371.1% $550 / Sq Ft
08/11/2021 08/11/21 Sold $175,000 +16.7% $374 / Sq Ft View Prior Sale
07/29/2021 07/29/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $150,000 -- $321 / 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 $11,227 $554,700 $108,000 $446,700
2024 $11,227 $554,700 $108,000 $446,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 222940

Cape May County Association of REALTORS®

APN: 05-00349-08-00020

Your Personal Tour Guide

Ask me questions while you tour the home.