NOT LISTED FOR SALE

116 Osborne Rd Somers Point, NJ 08244

Estimated Value: $340,000 - $433,000

3 Beds
2 Baths
1,244 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $140,000 $113 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,640/month

50 Days on Market

Highlights

  • Sun or Florida Room
  • Furnished
  • Laundry Room
  • Mainland Regional High School Rated A-
  • Patio
  • Bungalow

About This Home

As of March 2020

Beautifully maintained 3 bedroom 2 bath single family home on a large lot in a quiet neighborhood. Exterior features large fenced in backyard with 2 separate sheds, enclosed hot/cold outdoor shower, sun room to enjoy summer evenings, off street parking for 3+ cars and full garage. Living room is spacious with plenty of natural light. Kitchen has stainless steel appliances and open concept dining room. Master bedroom has full bath and oversized walk in closet that could double as a bonus room. Additional features include gas heat, brand new central air and Property is being sold as-is and furnished less personal exclusions.

Last Listed By

Jeff Quintin

eXp Realty - Ocean City S382K License #SP-9134206 Listed on: 12/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,415

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 75x120
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Dining Area
  • Sun or Florida Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Patio
  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,415

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Also Includes: Furnished
  • Lvt Date: 12/16/2019
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Tile, W/W Carpet
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Florida Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Patio, Shed
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 75x120
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Riano Omarcito and Riano Maite Olmo
Bought by
Dougherty Michael John and Myers Emily Ann
Total Days on Market
50
Current Estimated Value
$379,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Outstanding Balance
$323,284
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$45,276

Purchase Details

Closed on
Nov 8, 2022
Sold by
Bella-S Properties Llc
Bought by
Riano Omarcito and Velez Maite Olmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2021
Sold by
Bathroom & Kitchen King Remodeling Llc
Bought by
Bella S Properties Llc

Purchase Details

Listed on
Dec 16, 2019
Closed on
Mar 6, 2020
Sold by
James Michael and James Eileen
Bought by
Bathroom & Kitchen King Remodeling Llc
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Paul Striefsky
Keller Williams Realty Jersey Shore-Ocean City
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.68%
Original Mortgage
$128,600
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2004
Sold by
Creelman Scott
Bought by
James Michael and James Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1999
Sold by
Helbig John and Helbig Maureen Keeper
Bought by
Deblassio Anne H and Creelman Scott H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 14, 1996
Sold by
Helbig Maureen Keeper
Bought by
Helbig John

Purchase Details

Closed on
Mar 23, 1993
Sold by
Wolgin Martin
Bought by
Keeper Maureen

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
Dougherty Michael John $345,000 Atlantic Title
Riano Omarcito $215,000 Atlantic Title
Bella S Properties Llc -- Access Abstract Corporation
Bathroom & Kitchen King Remodeling Llc $140,000 Surety Title Company
James Michael $236,000 --
James Michael $236,000 --
James Michael $236,000 The Title Company Of Jersey
Deblassio Anne H $124,000 The Title Company
Helbig John $54,525 --
Keeper Maureen $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Michael John $327,750
Previous Owner Riano Omarcito $50,000
Previous Owner Bathroom & Kitchen King Remodeling Llc $128,600
Previous Owner James Michael $188,800
Previous Owner Creelman Scott H $122,000
Previous Owner Deblasio Anne H $14,000
Previous Owner Deblassio Anne H $110,000
Closed James Michael $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2020 03/17/20 Sold $140,000 -6.6% $113 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $149,900 0.0% $120 / Sq Ft
01/20/2020 01/20/20 Price Changed $149,900 -14.3% $120 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $174,900 0.0% $141 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
12/16/2019 12/16/19 For Sale $174,900 -- $141 / Sq Ft
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 $6,415 $179,400 $68,100 $111,300
2023 $5,994 $179,400 $68,100 $111,300
2022 $5,994 $179,400 $68,100 $111,300
2021 $5,904 $179,400 $68,100 $111,300
2020 $5,784 $179,400 $68,100 $111,300
2019 $5,621 $179,400 $68,100 $111,300
2018 $5,588 $182,200 $68,100 $114,100
2017 $5,388 $182,200 $68,100 $114,100
2016 $5,144 $182,200 $68,100 $114,100
2015 $5,091 $182,200 $68,100 $114,100
2014 $4,919 $182,200 $68,100 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 531491

South Jersey Shore Regional MLS

APN: 21-01130-0000-00024