NOT LISTED FOR SALE

40 Locust Rd Villas, NJ 08251

Lower Area

Estimated Value: $292,000 - $382,000

2 Beds
1 Bath
660 Sq Ft
$510/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2016

Last sale price $48,000 $73 Per Sq Ft

Est. 602% increase in value since last sale

Current estimated payment $2,043 / mo

20 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Outdoor Storage
  • Eat-In Kitchen
  • Living Room
  • Ceiling Fan

About This Home

As of September 2016

Looking for a roomy 2 bedroom home on a 50 x 100' lot? This home has living room, 2 bedrooms, full bath and an eat-in kitchen with some updated cabinets, electric range and microwave. Rear patio and storage shed. Lots of potential. It has been discovered that the plumbing is missing in the crawlspace.

Last Agent to Sell the Property

Richard Cammarano

CENTURY 21 ALLIANCE wc Listed on: 08/31/2016

Range of Values:

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

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1973

Lot Details

  • 5,009

Home Design

  • Ranch Style House

Interior Spaces

  • 660 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 16 / 253

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 1973

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Estimated Year Built: 1973
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Stove Electric
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 660
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Shingle
  • Outside Features: Patio, Storage Building

Utilities

  • Cooling: Ceiling Fan
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: Well

Lot Info

  • Lot Number: 16
  • Lot Size: 50x100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 1953

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Sep 12, 2016
Sold by
Bought by
Seller's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
List Price
$57,900
Sold Price
$48,000
Premium/Discount to List
-$9,900
-17.1%
Current Estimated Value
$336,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,750
Avg. Annual Appreciation
21.70%

Purchase Details

Closed on
Feb 20, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Villas, NJ

  • Michael Bushong Jr Real Estate Agent - Compass New Jersey-Ocean City (O463E)

    Michael Bushong Jr

    Compass New Jersey-Ocean City (O463E)

    (640) 400-9392

    70 Total Sales

    6 in Lower

    $235K - $500K Price Range

    Michael Bushong Jr
     Section Image
  • Mary Messina Real Estate Agent - Long & Foster Real Estate, Inc.

    Mary Messina

    Long & Foster Real Estate, Inc.

    (267) 719-2387

    31 Total Sales

    1 in Lower

    $190,000 Price

    Mary Messina
     Section Image
  • Frank Punzi Real Estate Agent - EXP Realty, LLC

    Frank Punzi

    EXP Realty, LLC

    (856) 898-3569

    154 Total Sales

    14 in Lower

    $16K - $138K Price Range

    Frank Punzi
     Section Image
  • Cindy Kaczmarski Real Estate Agent - Compass New Jersey, LLC - Ocean City

    Cindy Kaczmarski

    Responds Quickly

    Compass New Jersey, LLC - Ocean City

    (609) 733-5821

    84 Total Sales

    3 in Lower

    $330,000 Price Range

    Cindy Kaczmarski
     Section Image
  • Amy Sheldon Real Estate Agent - EXP Realty, LLC

    Amy Sheldon

    EXP Realty, LLC

    (856) 238-5860

    66 Total Sales

    2 in Lower

    $605,000 Price Range

    Amy Sheldon
     Section Image
  • Danielle Dupont Real Estate Agent - Ovation Realty LLC

    Danielle Dupont

    Ovation Realty LLC

    (856) 879-1730

    110 Total Sales

    4 in Lower

    $175K - $380K Price Range

    Danielle Dupont
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$48,000 None Available
-- None Available
$120,000 None Available
$47,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $116,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/20/2016 09/20/16 Sold $48,000 -17.1% $73 / Sq Ft
08/31/2016 08/31/16 For Sale $57,900 -- $88 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,356 $116,400 $70,000 $46,400
2025 $2,356 $116,400 $70,000 $46,400
2024 $2,356 $116,400 $70,000 $46,400
2023 $2,319 $116,400 $70,000 $46,400
2022 $2,250 $116,400 $70,000 $46,400
2021 $2,180 $116,400 $70,000 $46,400
2020 $2,144 $116,400 $70,000 $46,400
2019 $2,093 $116,400 $70,000 $46,400
2018 $2,045 $116,400 $70,000 $46,400
2017 $2,045 $116,400 $70,000 $46,400
2016 $2,017 $116,400 $70,000 $46,400
2015 $1,953 $116,400 $70,000 $46,400
2014 $1,882 $116,400 $70,000 $46,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Richard Cammarano

    CENTURY 21 ALLIANCE wc

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 172093

Cape May County Association of REALTORS®

APN: 05-00253-0000-00016

New Jersey Cape May County Villas 08251

40 Locust Rd, Villas, NJ

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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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