NOT LISTED FOR SALE

11 S Village Dr Somers Point, NJ 08244

Estimated Value: $339,000 - $418,000

3 Beds
1 Bath
1,266 Sq Ft
$302/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $125,000 $99 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $2,604/month

13 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Car Attached Garage
  • Mainland Regional High School Rated A-
  • Sun or Florida Room
  • Bar

About This Home

As of July 2017

This property qualifies for the FIRST LOOK INITIATIVE through 06/01/2017. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on -going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer and Buyers agent to verify condo fees. Buyer to verify square footage of lot and structure. ****Please see associated docs for inspection reports and Offer sheet.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 05/11/2017

COASTAL ELITE REALTY

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,889

Year Built

  • Built in 1956

Lot Details

  • 8,712

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,266 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Dining Area
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Fan
  • Storage In Attic

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 86x94

Listing and Financial Details

  • Legal Lot and Block 6 / 1924

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,889

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 17-Out Of County
  • Estimated Year Built: 1956
  • New Construction: No
  • Second Address Number: 11
  • Lot Size2: 86x94
  • Price per Sq Ft: 98.74
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Amenities: Bar
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1266
  • Other Rooms: Dining Area, Laundry/Utility Room, Florida Room, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Deck

Garage/Parking

  • Parking Garage: 1 Car, Attached, Auto Door Opener

Utilities

  • Cooling: Attic Fan, Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 6
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 4889
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 30, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Leider Barbra K
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$114,900
Sold Price
$125,000
Premium/Discount to List
$10,100
8.79%
Current Estimated Value
$382,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,016
Avg. Annual Appreciation
14.77%
Original Mortgage
$122,735
Outstanding Balance
$104,790
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$277,226

Purchase Details

Closed on
Dec 2, 2016
Sold by
Coschigano Dorothy and Merigliano Anthony
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 25, 2012
Sold by
Coschigano Dorothy
Bought by
Coschigano Dorothy

Purchase Details

Closed on
Aug 2, 2006
Sold by
Coschigano Paul
Bought by
Coschigano Paul and Coschigano Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Vona Denise M and Strohl Walter
Bought by
Vona Denise M and Carey Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 1997
Sold by
Barberio Louis
Bought by
Coschigano Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.87%
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
Leider Barbra K $125,000 Group 21 Title Agency
Federal Home Loan Mortgage Corp $1,000 None Available
Coschigano Dorothy -- None Available
Coschigano Paul -- --
Vona Denise M -- --
Coschigano Paul W $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leider Barbra K $122,735
Previous Owner Coschigano Paul $187,500
Previous Owner Coschigano Paul W $152,000
Previous Owner Coschigano Paul W $19,000
Previous Owner Vona Denise M $132,000
Previous Owner Coschigano Paul W $49,310
Previous Owner Coschigano Paul W $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $125,000 +8.8% $99 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $114,900 -- $91 / 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
2024 $6,258 $175,000 $68,300 $106,700
2023 $5,847 $175,000 $68,300 $106,700
2022 $5,847 $175,000 $68,300 $106,700
2021 $5,759 $175,000 $68,300 $106,700
2020 $5,642 $175,000 $68,300 $106,700
2019 $5,483 $175,000 $68,300 $106,700
2018 $5,367 $175,000 $68,300 $106,700
2017 $5,175 $175,000 $68,300 $106,700
2016 $4,940 $175,000 $68,300 $106,700
2015 $4,890 $175,000 $68,300 $106,700
2014 $4,725 $175,000 $68,300 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176224

Cape May County Association of REALTORS®

APN: 21-01924-0000-00006