NOT LISTED FOR SALE

7 Locust Rd Villas, NJ 08251

Estimated Value: $367,000 - $427,000

3 Beds
1 Bath
1,012 Sq Ft
$400/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $265,000 $262 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,389/month

74 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Fenced Yard
  • Eat-In Kitchen
  • Furnished
  • 1.5 Car Detached Garage
  • Interior Lot

About This Home

As of November 2020

This home is located at 7 Locust Rd, Villas, NJ 08251 since 12 August 2020 and is currently estimated at $404,919, approximately $400 per square foot. 7 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.

Last Agent to Sell the Property

Thomas Shagren

JERSEY CAPE REALTY Listed on: 08/12/2020

Last Buyer's Agent

Courtney Romberger

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,582

Lot Details

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

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Storage
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1.5 Car Detached Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 25 / 252

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,582

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Also Includes: Drapes, Curtains, Blinds, Furniture
  • New Construction: No
  • Second Address Number: 7
  • Lot Size2: 100 x 100
  • Selling Agent1: 5411
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Laminate Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Library/Study, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, 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: 25
  • Lot Size: 10000-20000 SqFt
  • Sub Lot: L26

Tax Info

  • Taxes: 2581.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Nov 17, 2020
Sold by
Osmundsen Gary
Bought by
Gassler Kerry and Dickson Kelley
Seller's Agent
Thomas Shagren
JERSEY CAPE REALTY
Buyer's Agent
Courtney Romberger
JERSEY CAPE REALTY
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Current Estimated Value
$404,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,919
Avg. Annual Appreciation
8.89%

Purchase Details

Listed on
Nov 12, 2015
Closed on
Feb 8, 2016
Sold by
Pnc Bank Na
Bought by
Osmundsen Gary
Seller's Agent
Adam Palmisciano
BALSLEY LOSCO REAL ESTATE
List Price
$85,600
Sold Price
$70,000
Premium/Discount to List
-$15,600
-18.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.96%

Purchase Details

Closed on
Sep 29, 2015
Sold by
Barnes Robert T and Barnes Sandra M
Bought by
Pnc Mortgage

Purchase Details

Closed on
Jul 29, 2009
Sold by
Mccloskey Joann E
Bought by
Barnes Robert T and Barnes Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,240
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Starynski Mae F
Bought by
Mccloskey Joann 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
6.02%
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
Gassler Kerry $265,000 Misc Company
Osmundsen Gary $70,000 None Available
Pnc Mortgage -- Attorney
Barnes Robert T $162,000 The Title Company Of Jersey
Mccloskey Joann E $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Robert T $165,240
Previous Owner Mccloskey Joann E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $265,000 -8.3% $262 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $289,000 +312.9% $286 / Sq Ft
02/08/2016 02/08/16 Sold $70,000 -18.2% $69 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $85,600 -- $85 / 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 $2,906 $143,600 $90,000 $53,600
2024 $2,906 $143,600 $90,000 $53,600
2023 $2,861 $143,600 $90,000 $53,600
2022 $2,776 $143,600 $90,000 $53,600
2021 $2,689 $143,600 $90,000 $53,600
2020 $2,645 $143,600 $90,000 $53,600
2019 $2,582 $143,600 $90,000 $53,600
2018 $2,523 $143,600 $90,000 $53,600
2017 $2,523 $143,600 $90,000 $53,600
2016 $2,489 $143,600 $90,000 $53,600
2015 $2,410 $143,600 $90,000 $53,600
2014 $2,322 $143,600 $90,000 $53,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Thomas Shagren

    JERSEY CAPE REALTY

    (609) 774-1425

    17 in this area

    101 Total Sales

    Thomas Shagren
    Section Image

  • C

    Buyer's Agent in 2020

    Courtney Romberger

    JERSEY CAPE REALTY

    (609) 741-5278

    20 in this area

    70 Total Sales

    Courtney Romberger
    Section Image

  • A

    Seller's Agent in 2016

    Adam Palmisciano

    BALSLEY LOSCO REAL ESTATE

    Section Image
  • Sharon Palmisciano

    Seller Co-Listing Agent in 2016

    Sharon Palmisciano

    BALSLEY LOSCO REAL ESTATE

    (609) 703-1358

    5 in this area

    52 Total Sales

    Sharon Palmisciano
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202895

Cape May County Association of REALTORS®

APN: 05-00252-0000-00025

New Jersey Cape May County Villas 08251

7 Locust Rd, Villas, NJ

This home is located at 7 Locust Rd, Villas, NJ 08251 since 12 August 2020 and is currently estimated at $404,919, approximately $400 per square foot. 7 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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