NOT LISTED FOR SALE

11 Shore Rd Unit 5E Somers Point, NJ 08244

Estimated Value: $194,000 - $222,000

1 Bed
1 Bath
-- Sq Ft
915 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $102,500

Est. 100% increase in value since last sale

Current estimated payment $1,435/month

157 Days on Market

Highlights

  • Ground Level Unit
  • Laundry Room
  • Ceiling Fan
  • Mainland Regional High School Rated A-
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of February 2021

Great opportunity in Somers Point, one of the hottest real estate markets in South Jersey. This one bedroom one bathroom 1st floor condo features a large living area with fireplace and storage closet. Galley kitchen with refrigerator, dishwasher, electric stove and pantry. Dining area off of the kitchen. Laundry closet leading to the bathroom and large bedroom with ample closet space. Enjoy some fresh air on your patio. Small storage closet off of the patio as well. Located close to restaurants, supermarkets and shopping centers. Ride your bike to the Ocean City bridge using the Somers Point bike path which is just pedals away. Currently tenant occupied month to month. Schedule your showing today!

Last Agent to Sell the Property

John Moore

WEICHERT REALTORS ASBURY GROUP-OC License #1120169 Listed on: 06/22/2020

WEICHERT REALTORS ASBURY GROUP-OC

Last Buyer's Agent

Mary Byrnes

MONIHAN REALTY License #1970443

MONIHAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 1972

Lot Details

  • 915

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash, heat
  • Parkshore Plaza Condos

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,465

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 06/22/2020
  • Year Built: 1972
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Wood Burning
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Laundry/Utility Room, Pantry, Master Br On 1st Floor

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash, Heat
  • Condo Name: Parkshore Plaza
  • Management: Association

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Feb 5, 2021
Sold by
Colucci Craig
Bought by
Incollingo Gregory A
Seller's Agent
John Moore
WEICHERT REALTORS ASBURY GROUP-OC
Buyer's Agent
Mary Byrnes
MONIHAN REALTY
List Price
$109,900
Sold Price
$102,500
Premium/Discount to List
-$7,400
-6.73%
Current Estimated Value
$205,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,512
Avg. Annual Appreciation
16.43%
Original Mortgage
$65,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Anthony Reo
Bought by
Colucci Craig
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
Incollingo Gregory A $102,500 Surety Title Company
Colucci Craig $105,000 --
Colucci Craig $105,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Incollingo Gregory A $65,000
Previous Owner Colucci Craig C $700,000
Previous Owner Colucci Craig $89,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $102,500 -6.7% --
11/26/2020 11/26/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $109,900 0.0% --
09/09/2020 09/09/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $109,900 -- --
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
2024 $3,465 $96,900 $52,000 $44,900
2023 $3,237 $96,900 $52,000 $44,900
2022 $3,237 $96,900 $52,000 $44,900
2021 $3,189 $96,900 $52,000 $44,900
2020 $3,124 $96,900 $52,000 $44,900
2019 $3,036 $96,900 $52,000 $44,900
2018 $2,972 $96,900 $52,000 $44,900
2017 $2,865 $96,900 $52,000 $44,900
2016 $2,735 $96,900 $52,000 $44,900
2015 $2,707 $96,900 $52,000 $44,900
2014 $2,967 $109,900 $65,000 $44,900
Source: Public Records

Agents Affiliated with this Home

  • John Moore

    Seller's Agent in 2021

    John Moore

    Weichert Corporate

    (609) 705-3360

    72 Total Sales

    John Moore
    Section Image
  • Mary Byrnes

    Buyer's Agent in 2021

    Mary Byrnes

    MONIHAN REALTY

    (610) 613-0733

    56 Total Sales

    Mary Byrnes
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 538320

South Jersey Shore Regional MLS

APN: 21-00039-0000-00001-0000-C0037

New Jersey Atlantic County Somers Point 08221

11 Shore Rd Unit 5E, Somers Point, NJ

This home is located at 11 Shore Rd Unit 5E, Somers Point, NJ 08244 since 22 June 2020 and is currently estimated at $205,012. This property was built in 1972. 11 Shore Rd Unit 5E is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Gospel of Grace Christian School.

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