NOT LISTED FOR SALE

113 W Groveland Ave Somers Point, NJ 08244

Estimated Value: $470,000 - $631,000

3 Beds
-- Bath
1,600 Sq Ft
$339/Sq Ft Est. Value

About This Home

This home is located at 113 W Groveland Ave, Somers Point, NJ 08244 and is currently estimated at $543,140, approximately $339 per square foot. 113 W Groveland 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Pettit Lisa A and Pettit Daniel J
Bought by
Mp Welding & Fabrications Llc
Current Estimated Value
$543,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$382,853
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$160,287

Purchase Details

Closed on
Jan 15, 2003
Sold by
Foster Christopher
Bought by
Pettit Daniel and Pettit Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2000
Sold by
Monfredo James and Monfredo Jessie
Bought by
Foster Christopher and Foster Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
9%

Purchase Details

Closed on
Jan 5, 1997
Sold by
Real Estate Research Service Inc
Bought by
Lighthouse Properties Llc

Purchase Details

Closed on
Apr 14, 1989
Sold by
Mandell Thomas D and Mandell Linda T
Bought by
Monfredo James and Monfredo Jessie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mp Welding & Fabrications Llc $485,000 Shore Title
Pettit Daniel $200,000 --
Pettit Daniel J $200,000 Congress Title Division
Foster Christopher $95,000 Fidelity National Title
Lighthouse Properties Llc $29,000 The Title Company
Monfredo James $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mp Welding & Fabrications Llc $388,000
Previous Owner Pettit Daniel J $160,000
Previous Owner Foster Christopher $95,000
Source: Public Records

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 $7,824 $218,800 $62,600 $156,200
2024 $7,824 $218,800 $62,600 $156,200
2023 $7,310 $218,800 $62,600 $156,200
2022 $7,310 $218,800 $62,600 $156,200
2021 $7,201 $218,800 $62,600 $156,200
2020 $7,054 $218,800 $62,600 $156,200
2019 $6,855 $218,800 $62,600 $156,200
2018 $6,711 $218,800 $62,600 $156,200
2017 $6,470 $218,800 $62,600 $156,200
2016 $6,177 $218,800 $62,600 $156,200
2015 $6,113 $218,800 $62,600 $156,200
2014 $5,908 $218,800 $62,600 $156,200
Source: Public Records

Map

New Jersey Atlantic County Somers Point 08244

113 W Groveland Ave, Somers Point, NJ

Not Listed for Sale

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.

Nearby Homes