NOT LISTED FOR SALE

507 Springtime Rd Villas, NJ 08251

Estimated Value: $700,000 - $956,000

4 Beds
3 Baths
2,280 Sq Ft
$361/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $576,000 $253 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,922/month

279 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Den
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Fenced Yard

About This Home

As of March 2023

Call for showing availability. Seller is requesting 24 hours notice for all showings!

Last Agent to Sell the Property

Annie Mullock

Tim Kerr Sotheby's International Realty Listed on: 05/19/2022

Last Buyer's Agent

Ryan O'Keefe-Testa

HOMESTEAD REAL ESTATE CO. INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,424

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 75 x 100
  • Building is beachfront but unit may not have water views
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Storage In Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 7 / 512 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,424

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 05-Lower Township
  • Near: less than 1 block to bay
  • Estimated Year Built: 1983
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 507
  • Lot Size2: 75 x 100
  • Price per Sq Ft: 252.63
  • Selling Agent1: 5326
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Storage, Walk in Closet
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Estimated Living Sq Ft: 2280
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Laundry/Utility Room, Storage Attic, In-Law Quarters

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • House Color: blue
  • Outside Features: Deck, Fenced Yard, Storage Building, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 7
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6423.96
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Mar 17, 2023
Sold by
March Mary R
Bought by
87 Rose Lane Llc
Seller's Agent
Annie Mullock
Tim Kerr Sotheby's International Realty
Buyer's Agent
Ryan O'Keefe-Testa
HOMESTEAD REAL ESTATE CO. INC.
List Price
$599,000
Sold Price
$576,000
Premium/Discount to List
-$23,000
-3.84%
Views
26
Current Estimated Value
$822,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,632
Avg. Annual Appreciation
14.00%

Purchase Details

Closed on
Dec 8, 2000
Sold by
Gibson Preston D
Bought by
March William and March Mary E

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
7.64%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Graham Anna L
Bought by
Gibson Preston D and Gibson Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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Average Value
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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
87 Rose Lane Llc $576,000 First American Title
March William $185,000 --
Gibson Preston D $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner March William $100,000
Previous Owner Gibson Preston D $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $576,000 -3.8% $253 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $599,000 0.0% $263 / Sq Ft
02/15/2023 02/15/23 Price Changed $599,000 +4.0% $263 / Sq Ft
11/17/2022 11/17/22 Off Market $576,000 -- --
10/28/2022 10/28/22 Price Changed $629,000 -3.1% $276 / Sq Ft
07/25/2022 07/25/22 Price Changed $649,000 -4.4% $285 / Sq Ft
05/19/2022 05/19/22 For Sale $679,000 -- $298 / 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 $6,930 $394,800 $132,000 $262,800
2024 $6,930 $341,700 $132,000 $209,700
2023 $6,831 $341,700 $132,000 $209,700
2022 $6,622 $341,700 $132,000 $209,700
2021 $6,424 $341,700 $132,000 $209,700
2020 $6,321 $341,700 $132,000 $209,700
2019 $6,164 $341,700 $132,000 $209,700
2018 $6,017 $341,700 $132,000 $209,700
2017 $6,024 $341,700 $132,000 $209,700
2016 $5,932 $341,700 $132,000 $209,700
2015 $5,741 $341,700 $132,000 $209,700
2014 $5,553 $341,700 $132,000 $209,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221514

Cape May County Association of REALTORS®

APN: 05-00512-25-00007