NOT LISTED FOR SALE

1002 Pennsylvania Ave Somers Point, NJ 08244

Estimated Value: $336,000 - $382,000

2 Beds
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold January 09, 2023

Last sale price $309,300

Est. 17% increase in value since last sale

Current estimated payment $2,455/month

17 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Bathroom on Main Level
  • Mainland Regional High School Rated A-
  • Bungalow
  • Outdoor Shower

About This Home

As of January 2023

LIKE NEW!!! This beautiful and immaculate two bedroom, one bath home was a complete renovation in 2019 which featured all new mechanicals, new roof, flooring, decks, appliances and custom built barn doors. This coastal bungalow sits on it's own private oasis, close to the Parkway, downtown Somers Point, OC beaches and is less then a mile from the Ocean City Bridge. You can't beat this location! The unfinished basement is heated, providing ample storage space or possibly a game room or home gym. The exquisite kitchen features white shaker style cabinetry and quartz countertops with all new stainless steel appliances. This gem is a perfect starter home, home for a family looking for that retreat at the shore or home for a couple looking to downsize. The large side and back yards provide lots of space for entertaining, sitting out by a fire or catching the cool afternoon, bay breeze. The custom built outside shower is perfect for rinsing off after a great day at the beach. Don't wait to check out this one of a kind property...you won't be disappointed! This is a MUST SEE and easy to show!

Last Agent to Sell the Property

JOANNA DRISCOLL

Soleil Sotheby's International Realty-B Listed on: 10/28/2022

Soleil Sotheby's International Realty-B

Last Buyer's Agent

Julie Lomas

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50x100

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Vinyl Flooring
  • Storm Screens
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Pad
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,797

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Also Includes: Blinds, Curtains
  • Lvt Date: 10/28/2022
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Washer
  • Flooring: Vinyl
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: Unfinished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Stone
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Jan 4, 2023
Sold by
Marchini Richard
Bought by
Zurbach Charles
Seller's Agent
JOANNA DRISCOLL
Soleil Sotheby's International Realty-B
Buyer's Agent
Julie Lomas
NEW ERA REAL ESTATE-B
List Price
$325,000
Sold Price
$309,300
Premium/Discount to List
-$15,700
-4.83%
Views
65
Current Estimated Value
$362,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,215
Avg. Annual Appreciation
6.20%
Original Mortgage
$231,975
Outstanding Balance
$228,708
Interest Rate
10.5%
Mortgage Type
New Conventional
Estimated Equity
$133,807

Purchase Details

Listed on
Nov 2, 2018
Closed on
Mar 8, 2019
Sold by
Fortis Properties Llc
Bought by
Marchini Richard
Seller's Agent
JOANNA DRISCOLL
Soleil Sotheby's International Realty-B
Buyer's Agent
JOANNA DRISCOLL
Soleil Sotheby's International Realty-B
List Price
$189,900
Sold Price
$172,000
Premium/Discount to List
-$17,900
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%
Original Mortgage
$154,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2018
Closed on
Mar 21, 2018
Sold by
Mtglq Investor Lp
Bought by
Fortis Properties Llc
Seller's Agent
Jacqueline Andrews
CASA BELLA REALTORS
Buyer's Agent
JOANNA DRISCOLL
Soleil Sotheby's International Realty-B
List Price
$59,500
Sold Price
$42,500
Premium/Discount to List
-$17,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
357.02%

Purchase Details

Listed on
Jan 10, 2018
Closed on
Mar 12, 2018
Sold by
Federal National Mortgage Association
Bought by
Mtglq Investors Lp
Seller's Agent
Jacqueline Andrews
CASA BELLA REALTORS
Buyer's Agent
JOANNA DRISCOLL
Soleil Sotheby's International Realty-B
List Price
$59,500
Sold Price
$42,500
Premium/Discount to List
-$17,000
-28.57%

Purchase Details

Closed on
Jun 12, 2017
Sold by
Renzulli Steven
Bought by
Federal National Motgage Associaiton

Purchase Details

Closed on
May 29, 2002
Sold by
Renzulli Patricia A
Bought by
Renzulli Steven
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
Zurbach Charles $300,000 --
Marchini Richard $172,000 The Title Co Of Jersey
Fortis Properties Llc $42,500 The Title Co Of Jersey
Mtglq Investors Lp -- The Title Co Of Jersey
Federal National Motgage Associaiton -- Fortune Title Agency Inc
Federal National Mortgage Association -- Fortune Title Agency Nic
Renzulli Steven $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zurbach Charles $231,975
Previous Owner Marchini Richard $154,000
Previous Owner Marchini Richard $154,000
Previous Owner Marchini Richard $154,800
Previous Owner Renzulli Steven $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $309,300 -4.8% --
11/14/2022 11/14/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $325,000 +89.0% --
03/08/2019 03/08/19 Sold $172,000 -4.4% --
01/13/2019 01/13/19 Pending -- -- --
11/16/2018 11/16/18 Price Changed $179,900 -5.3% --
11/02/2018 11/02/18 For Sale $189,900 +346.8% --
04/05/2018 04/05/18 Sold $42,500 -28.6% --
02/14/2018 02/14/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $59,500 -- --
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 $5,797 $162,100 $65,000 $97,100
2024 $5,797 $162,100 $65,000 $97,100
2023 $5,416 $162,100 $65,000 $97,100
2022 $5,416 $162,100 $65,000 $97,100
2021 $5,335 $162,100 $65,000 $97,100
2020 $5,226 $162,100 $65,000 $97,100
2019 $4,389 $140,100 $65,000 $75,100
2018 $4,297 $140,100 $65,000 $75,100
2017 $4,143 $140,100 $65,000 $75,100
2016 $3,955 $140,100 $65,000 $75,100
2015 $3,914 $140,100 $65,000 $75,100
2014 $3,783 $140,100 $65,000 $75,100
Source: Public Records

Agents Affiliated with this Home

  • JOANNA DRISCOLL

    Seller's Agent in 2023

    JOANNA DRISCOLL

    Solei SIR Brigantine

    (609) 839-3121

    1 in this area

    29 Total Sales

    JOANNA DRISCOLL
    Section Image
  • Julie Lomas

    Buyer's Agent in 2023

    Julie Lomas

    RE/MAX Platinum Properties

    (609) 346-4782

    2 in this area

    56 Total Sales

    Julie Lomas
    Section Image

  • J

    Seller's Agent in 2018

    Jacqueline Andrews

    CASA BELLA REALTORS

    (609) 214-1094

    6 in this area

    141 Total Sales

    Jacqueline Andrews
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568524

South Jersey Shore Regional MLS

APN: 21-01425-0000-00003

New Jersey Atlantic County Somers Point 08244

1002 Pennsylvania Ave, Somers Point, NJ

This home is located at 1002 Pennsylvania Ave, Somers Point, NJ 08244 since 28 October 2022 and is currently estimated at $362,515. This property was built in 1930. 1002 Pennsylvania Ave is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

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