NOT LISTED FOR SALE

87 Arbor Rd Villas, NJ 08251

Estimated Value: $290,000 - $372,000

2 Beds
1 Bath
702 Sq Ft
$480/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $99,900 $142 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $2,042/month

15 Days on Market

Highlights

  • Property near a bay
  • Screened Porch
  • Eat-In Kitchen
  • Ranch Style House
  • Fenced Yard
  • 2-minute walk to Villas Dog Run

About This Home

As of July 2017

The seller acquired the property through foreclosure and is unable to make any representations as to condition. All questions should be answered through Buyer's personal inspection. **Buyer is responsible for all local/state inspections or certifications required in the sale**

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 05/10/2017

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE

Last Buyer's Agent

Marc Drabkoski

RE/MAX SURFSIDE

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x100
  • Fenced Yard
  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 702 Sq Ft Home
  • Living Room
  • Screened Porch
  • Crawl Space
  • Storage In Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property near a bay
  • Outdoor Storage

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 349

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,111

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1962
  • Bay Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 87
  • Listing Office2: 612
  • Lot Size2: 50x100
  • Price per Sq Ft: 142.31
  • Selling Agent1: 4667
  • Selling Office1: 612
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Appliances Included: Stove Electric
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 702
  • Other Rooms: Living Room, Eat-In-Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Screened Porch, Fenced Yard, Storage Building, Cable TV

Utilities

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

Lot Info

  • Lot Number: 12
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 2110.79
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 23, 2017
Sold by
The Bank Of New York Mellon
Bought by
Baldassari John
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Marc Drabkoski
RE/MAX SURFSIDE
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$337,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,273
Avg. Annual Appreciation
16.54%
Original Mortgage
$79,920
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2016
Sold by
Williamson John R
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Jun 4, 2004
Sold by
Logue John and Logue Frances
Bought by
Williamson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1997
Sold by
Colarelli Anthony R
Bought by
Logue John and Logue Frances

Purchase Details

Closed on
Apr 11, 1992
Sold by
Focht Mary A Decd Odonnell Exec
Bought by
Colarelli Anthony R and Colarelli Marie D
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
Baldassari John $99,900 None Available
Bank Of New York Mellon -- None Available
Williamson John $160,000 The Title Company Of Jersey
Logue John $50,000 --
Colarelli Anthony R $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldassari John $125,000
Closed Baldassari John $53,000
Closed Baldassari John $103,977
Closed Baldassari John $25,000
Closed Baldassari John $79,920
Previous Owner Williamson John $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $99,900 0.0% $142 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $99,900 -- $142 / 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 $2,465 $121,800 $80,000 $41,800
2024 $2,465 $121,800 $80,000 $41,800
2023 $2,426 $121,800 $80,000 $41,800
2022 $2,354 $121,800 $80,000 $41,800
2021 $2,281 $121,800 $80,000 $41,800
2020 $2,244 $121,800 $80,000 $41,800
2019 $2,190 $121,800 $80,000 $41,800
2018 $2,140 $121,800 $80,000 $41,800
2017 $2,140 $121,800 $80,000 $41,800
2016 $2,111 $121,800 $80,000 $41,800
2015 $2,044 $121,800 $80,000 $41,800
2014 $1,970 $121,800 $80,000 $41,800
Source: Public Records

Agents Affiliated with this Home

  • Brian Groetsch

    Seller's Agent in 2017

    Brian Groetsch

    RE/MAX SURFSIDE

    (609) 972-6339

    53 in this area

    122 Total Sales

    Brian Groetsch
    Section Image
  • Christine Lynn

    Seller Co-Listing Agent in 2017

    Christine Lynn

    RE/MAX SURFSIDE

    (609) 780-7344

    54 in this area

    112 Total Sales

    Christine Lynn
    Section Image
  • Marc Drabkoski

    Buyer's Agent in 2017

    Marc Drabkoski

    RE/MAX SURFSIDE

    (609) 827-1903

    12 in this area

    48 Total Sales

    Marc Drabkoski
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176331

Cape May County Association of REALTORS®

APN: 05-00349-09-00012

New Jersey Cape May County Villas 08251

87 Arbor Rd, Villas, NJ

This home is located at 87 Arbor Rd, Villas, NJ 08251 since 10 May 2017 and is currently estimated at $337,173, approximately $480 per square foot. This property was built in 1962. 87 Arbor 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.

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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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