NOT LISTED FOR SALE

116 Hobart Ave Absecon, NJ 08201

Estimated Value: $291,000 - $327,000

3 Beds
1 Bath
-- Sq Ft
9,060 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $194,900

Est. 54% increase in value since last sale

Current estimated payment $2,031/month

About This Home

As of October 2021

This home is located at 116 Hobart Ave, Absecon, NJ 08201 since 13 September 2021 and is currently estimated at $300,114. 116 Hobart Ave is a home located in Atlantic County with nearby schools including H. Ashton Marsh Elementary School, Emma C. Attales Middle School, and Assumption Regional Catholic School.

Last Agent to Sell the Property

Jennifer Capossela

Keller Williams Realty Jersey Shore-Ocean City License #2076747 Listed on: 09/13/2021

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Jennifer Capossela

Keller Williams Realty Jersey Shore-Ocean City License #2076747 Listed on: 09/13/2021

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,658

Lot Details

  • 9,060

Home Design

  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Stone Driveway

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,658

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 09/13/2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Full

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete, Stone
  • Parking Exterior: Two Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: xx
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 20, 2021
Sold by
Krier and Sloan
Bought by
Shrom David and Shrom Morgan
Seller's Agent
Jennifer Capossela
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Jennifer Capossela
Keller Williams Realty Jersey Shore-Ocean City
List Price
$194,900
Sold Price
$194,900
Current Estimated Value
$300,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,214
Avg. Annual Appreciation
12.03%
Original Mortgage
$191,369
Outstanding Balance
$176,685
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$123,429

Purchase Details

Closed on
Jun 15, 2011
Sold by
Pacula Jodi L
Bought by
Sawhill Sloan P and Krier Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,222
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2009
Sold by
Pacula Jodi L and Prettyman Jodi L
Bought by
Pacula Jodi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2003
Sold by
Prettyman Michael
Bought by
Prettyman Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2000
Sold by
First Union National Bank
Bought by
Prettyman Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,963
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1999
Sold by
Lekas Anthony W
Bought by
First Union National Bank

Purchase Details

Closed on
Sep 21, 1994
Sold by
Baker Elizbeth
Bought by
Lekas Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.55%
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
Shrom David $194,900 Foundation Title
Sawhill Sloan P $148,000 Group 21 Title Agency
Pacula Jodi L -- Foundation Title
Prettyman Jodi $13,360 --
Prettyman Jodi L $13,360 The Title Company Of Jersey
Prettyman Michael J $72,000 The Title Company
First Union National Bank -- --
Lekas Anthony $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shrom David $191,369
Previous Owner Sawhill Sloan P $145,222
Previous Owner Pacula Jodi L $156,000
Previous Owner Pacula Jodi $125,000
Previous Owner Pacula Jodi $125,000
Previous Owner Pacula Jodi L $108,000
Previous Owner Prettyman Jodi L $89,000
Previous Owner Prettyman Michael J $71,963
Previous Owner Prettyman Michael J $71,963
Previous Owner Lekas Anthony $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $194,900 0.0% --
09/13/2021 09/13/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $194,900 -- --
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 $4,658 $139,200 $78,600 $60,600
2023 $4,602 $139,200 $78,600 $60,600
2022 $4,602 $139,200 $78,600 $60,600
2021 $4,588 $139,200 $78,600 $60,600
2020 $4,596 $139,200 $78,600 $60,600
2019 $4,563 $139,200 $78,600 $60,600
2018 $4,582 $139,200 $78,600 $60,600
2017 $4,549 $139,200 $78,600 $60,600
2016 $4,421 $139,200 $78,600 $60,600
2015 $4,364 $139,200 $78,600 $60,600
2014 $4,304 $139,200 $78,600 $60,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 555381

South Jersey Shore Regional MLS

APN: 01-00011-0000-00016