NOT LISTED FOR SALE

7 Redwood Ave Villas, NJ 08251

Estimated Value: $418,000 - $441,858

2 Beds
1 Bath
768 Sq Ft
$562/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $301,000 $392 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,626/month

5 Days on Market

Highlights

  • Property near a bay
  • Sun or Florida Room
  • Patio
  • Ranch Style House
  • Interior Lot
  • 5-minute walk to Villas Dog Run

About This Home

As of June 2021

Fantastic location to the Bay. Redwood Avenue has a private feel as it does not connect to Bayshore Road. It is located between Village Road and Wildwood Avenue off of Bay Drive.

Last Agent to Sell the Property

Thomas Shagren

JERSEY CAPE REALTY Listed on: 04/07/2021

Last Buyer's Agent

James Cheney

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,200

Lot Details

  • Lot Dimensions are 75x90
  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Living Room
  • Sun or Florida Room
  • Wall to Wall Carpet
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 46 / 358

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,200

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Near: Bay
  • Also Includes: Blinds
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 7
  • Lot Size2: 75x90
  • Selling Agent1: 269
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wall to Wall Carpet
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Florida Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Patio, Storage Building, Outside Shower

Utilities

  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 46
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3199.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 8, 2021
Sold by
Casalvera Shawn
Bought by
Demond Gregory R and Demond Katherine J
Seller's Agent
Thomas Shagren
JERSEY CAPE REALTY
Buyer's Agent
James Cheney
JERSEY CAPE REALTY
List Price
$299,000
Sold Price
$301,000
Premium/Discount to List
$2,000
0.67%
Current Estimated Value
$431,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,465
Avg. Annual Appreciation
8.82%
Original Mortgage
$240,800
Outstanding Balance
$218,014
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$213,451

Purchase Details

Listed on
Sep 8, 2017
Closed on
Apr 13, 2018
Sold by
Sturges John W and Sturges Teresa
Bought by
Casalvera Shawn
Seller's Agent
Barbara Hunt
CENTURY 21 ALLIANCE wc
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.98%
Original Mortgage
$127,425
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2012
Sold by
Dooley Geraldine C and Dooley Sturges Geraldine C
Bought by
Sturges John W

Purchase Details

Closed on
Jul 3, 2009
Sold by
Maloney James P and Maloney Mary A
Bought by
Sturges John W and Dooley Sturges Geraldine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1990
Sold by
Guinane Iii William J
Bought by
Maloney James P and Maloney Mary A
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
Demond Gregory R $301,000 Misc Company
Demond Gregory R $301,000 Misc Company
Demond Gregory R $301,000 Shore Title
Casalvera Shawn $169,900 --
Sturges John W -- None Available
Sturges John W $182,000 None Available
Maloney James P $78,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demond Gregory R $240,800
Closed Demond Gregory R $240,800
Previous Owner Casalvera Shawn $127,425
Previous Owner Sturges John W $122,000
Previous Owner Maloney James P $31,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $301,000 +0.7% $392 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $299,000 +76.0% $389 / Sq Ft
04/18/2018 04/18/18 Sold $169,900 0.0% $221 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
09/08/2017 09/08/17 For Sale $169,900 -- $221 / 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 $3,516 $173,700 $112,800 $60,900
2024 $3,516 $173,700 $112,800 $60,900
2023 $3,460 $173,700 $112,800 $60,900
2022 $3,358 $173,700 $112,800 $60,900
2021 $3,253 $173,700 $112,800 $60,900
2020 $3,200 $173,700 $112,800 $60,900
2019 $3,123 $173,700 $112,800 $60,900
2018 $3,052 $173,700 $112,800 $60,900
2017 $3,052 $173,700 $112,800 $60,900
2016 $3,010 $173,700 $112,800 $60,900
2015 $2,915 $173,700 $112,800 $60,900
2014 $2,809 $173,700 $112,800 $60,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Shagren

    JERSEY CAPE REALTY

    (609) 774-1425

    17 in this area

    104 Total Sales

    Thomas Shagren
    Section Image
  • James Cheney

    Buyer's Agent in 2021

    James Cheney

    JERSEY CAPE REALTY

    (609) 408-1948

    8 in this area

    31 Total Sales

    James Cheney
    Section Image

  • B

    Seller's Agent in 2018

    Barbara Hunt

    CENTURY 21 ALLIANCE wc

    (609) 780-4223

    11 in this area

    84 Total Sales

    Barbara Hunt
    Section Image
  • Carol Menz

    Buyer's Agent in 2018

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    118 in this area

    278 Total Sales

    Carol Menz
    Section Image
  • Tai Menz

    Buyer Co-Listing Agent in 2018

    Tai Menz

    COASTLINE REALTY, LLC

    (609) 602-8061

    41 in this area

    103 Total Sales

    Tai Menz
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211228

Cape May County Association of REALTORS®

APN: 05-00358-02-00046

New Jersey Cape May County Villas 08251

7 Redwood Ave, Villas, NJ

This home is located at 7 Redwood Ave, Villas, NJ 08251 since 07 April 2021 and is currently estimated at $431,465, approximately $561 per square foot. 7 Redwood 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.

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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