NOT LISTED FOR SALE

5 Spruce Ave Villas, NJ 08251

Estimated Value: $297,000 - $427,000

3 Beds
1.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 15, 2021

Last sale price $175,000

Est. 107% increase in value since last sale

Current estimated payment $2,161/month

About This Home

As of March 2021

Wonderful 3 bed 1.5 bath located just blocks from the Delaware Bay, minutes from Cape May! Do not miss out on this opportunity! Comecheckthis one out!

Last Agent to Sell the Property

BRETT NEAL

Shoreside Realty LLC Listed on: 01/16/2021

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,919

Lot Details

  • 4,792

Home Design

  • A-Frame Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,919

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: A-Frame
  • Lvt Date: 01/19/2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Utilities

  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 4950
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2021
Closed on
Mar 18, 2021
Sold by
Reverse Mortgage Solutions Inc
Bought by
Macintosh George S
Seller's Agent
BRETT NEAL
Shoreside Realty LLC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$140,000
Sold Price
$175,000
Premium/Discount to List
$35,000
25%
Current Estimated Value
$361,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,623
Avg. Annual Appreciation
17.25%
Original Mortgage
$131,250
Outstanding Balance
$117,716
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,907

Purchase Details

Listed on
Jan 16, 2021
Closed on
Mar 15, 2021
Sold by
Reverse Mtg Sltns Inc
Bought by
Macintosh George S
Seller's Agent
BRETT NEAL
Shoreside Realty LLC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$140,000
Sold Price
$175,000
Premium/Discount to List
$35,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Outstanding Balance
$117,716
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,907

Purchase Details

Closed on
Dec 15, 2020
Sold by
Gorsline Thomas E Est
Bought by
Reverse Mtg Sltns Inc

Purchase Details

Closed on
Jan 29, 1991
Sold by
Tornello Mary C and Tornello Jennie
Bought by
Gorsline Thomas E and Gorsline Mary J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Macintosh George S $175,000 Daley Rachel
Macintosh George S $175,000 None Available
Reverse Mtg Sltns Inc -- None Available
Reverse Mortgage Solutions Inc -- Davey Jenine
Gorsline Thomas E $49,800 --
Gorsline Thomas Edward $49,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macintosh George S $131,250
Closed Macintosh George S $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $175,000 +25.0% --
02/03/2021 02/03/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $140,000 -- --
Source: South Jersey Shore Regional MLS

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 $2,919 $187,200 $82,000 $105,200
2024 $2,919 $144,200 $82,000 $62,200
2023 $2,872 $144,200 $82,000 $62,200
2022 $2,787 $144,200 $82,000 $62,200
2021 $2,653 $144,200 $82,000 $62,200
2020 $2,656 $144,200 $82,000 $62,200
2019 $2,593 $144,200 $82,000 $62,200
2018 $2,534 $144,200 $82,000 $62,200
2017 $2,534 $144,200 $82,000 $62,200
2016 $2,499 $144,200 $82,000 $62,200
2015 $2,420 $144,200 $82,000 $62,200
2014 $2,332 $144,200 $82,000 $62,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BRETT NEAL

    Shoreside Realty LLC

    (856) 229-2229

    3 in this area

    117 Total Sales

    BRETT NEAL
    Section Image

  • A

    Buyer's Agent in 2021

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 546342

South Jersey Shore Regional MLS

APN: 05-00312-0000-00008

New Jersey Cape May County Villas 08251

5 Spruce Ave, Villas, NJ

This home is located at 5 Spruce Ave, Villas, NJ 08251 since 16 January 2021 and is currently estimated at $361,623. 5 Spruce 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.

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.

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