NOT LISTED FOR SALE

38 Locust Rd Villas, NJ 08251

Estimated Value: $429,000 - $516,000

3 Beds
3 Baths
1,488 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $320,000 $215 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,869/month

49 Days on Market

Highlights

  • Deck
  • Den
  • 1.5 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • Interior Lot

About This Home

As of July 2021

Solar lease is $74.32 per month. Currently using well water but city will be hooked up prior to settlement. Easy to show with some notice. Call Showingtime for an appointment.

Last Agent to Sell the Property

Christina Cavalier

FARRELL REALTY Listed on: 04/19/2021

Last Buyer's Agent

Beth Beck

deSatnick Real Estate LLC - Cape May License #0679390

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 100 x 100
  • Fenced Yard
  • Interior Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Den
  • Storage
  • Wood Flooring
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1.5 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 14 / 253

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,874

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1957
  • New Construction: No
  • Second Address Number: 38
  • Lot Size2: 100 x 100
  • Price per Sq Ft: 215.05
  • Selling Agent1: 2895
  • Selling Office1: 448
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Storage
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Total Rooms: 9
  • Basement: Full, Plumbing, Masonry Floors/Wall, Heated
  • Estimated Living Sq Ft: 1488
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City, Well

Lot Info

  • Lot Number: 14
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 3874.24
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jul 14, 2021
Sold by
Saunders Jennifer L
Bought by
Beck Matthew D and Devine-Beck Kaylee R
Seller's Agent
Christina Cavalier
FARRELL REALTY
Buyer's Agent
Beth Beck
deSatnick Real Estate LLC - Cape May
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Current Estimated Value
$469,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,867
Avg. Annual Appreciation
10.96%
Original Mortgage
$256,000
Outstanding Balance
$234,976
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,885

Purchase Details

Closed on
Oct 19, 2019
Sold by
Saunders Robert E
Bought by
Saunders Jennifer L

Purchase Details

Closed on
Sep 19, 2014
Sold by
Fritz Martin D
Bought by
Saunders Robert Earl and Saunders Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,920
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Closed on
Oct 3, 2005
Sold by
Baldwin Jacquline Catherine Sheldon
Bought by
Fritz Martin D

Purchase Details

Closed on
Sep 30, 2005
Sold by
Svitak William Frank
Bought by
Fritz Martin D

Purchase Details

Closed on
Aug 23, 1993
Sold by
Svitak Ruth Decd and Corlett Exec
Bought by
Svitak Frank Edward
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
Beck Matthew D $320,000 Surety Title
Saunders Jennifer L -- None Available
Saunders Robert Earl $240,000 Shore Title Agency Inc
Fritz Martin D -- --
Fritz Martin D -- --
Fritz Martin D -- --
Fritz Martin D -- --
Fritz Martin D -- --
Svitak Frank Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Matthew D $256,000
Previous Owner Saunders Robert Earl $247,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $320,000 -8.3% $215 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $349,000 -- $235 / 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 $4,532 $223,900 $90,000 $133,900
2024 $4,532 $223,900 $90,000 $133,900
2023 $4,460 $223,900 $90,000 $133,900
2022 $4,328 $223,900 $90,000 $133,900
2021 $4,194 $223,900 $90,000 $133,900
2020 $3,874 $223,900 $90,000 $133,900
2019 $3,776 $223,900 $90,000 $133,900
2018 $3,684 $223,900 $90,000 $133,900
2017 $3,934 $223,900 $90,000 $133,900
2016 $3,880 $223,900 $90,000 $133,900
2015 $3,757 $223,900 $90,000 $133,900
2014 $2,673 $165,300 $90,000 $75,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christina Cavalier

    FARRELL REALTY

  • B

    Buyer's Agent in 2021

    Beth Beck

    deSatnick Real Estate LLC - Cape May

    (609) 408-2178

    8 in this area

    21 Total Sales

    Beth Beck
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211390

Cape May County Association of REALTORS®

APN: 05-00253-0000-00014

New Jersey Cape May County Villas 08251

38 Locust Rd, Villas, NJ

This home is located at 38 Locust Rd, Villas, NJ 08251 since 19 April 2021 and is currently estimated at $469,867, approximately $315 per square foot. This property was built in 1957. 38 Locust Rd 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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