NOT LISTED FOR SALE

118 E Johnson Ave Somers Point, NJ 08244

Estimated Value: $284,000 - $411,135

3 Beds
1.5 Baths
1,428 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $291,000 $204 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,319/month

5 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Shed
  • Mainland Regional High School Rated A-
  • Ranch Style House
  • Ceiling Fan

About This Home

As of February 2024

Welcome to the charm of coastal living at 118 E. Johnson Ave. Nestled in a coveted section of Somers Point, this 3-bedroom, 1 1/2-bath Rancher-style home beckons with its promise of relaxed shore living and endless potential. Perfectly situated within walking distance to the picturesque bike path and boasting breathtaking sunset vistas over the bay, this residence embodies the quintessential shore lifestyle. Imagine unwinding to the tranquil hues of the evening sky from your own backyard. Convenience is key here – just minutes away from Ocean City and all the major shore points and beaches, as well as a stone's throw from a plethora of shopping, vibrant nightlife, delightful restaurants, and essential amenities including the hospital. For the avid golfer, the renowned Linwood Country Club awaits a mere 6 minutes away, promising endless rounds of enjoyment. While this property recently appraised for $290,000 in AS-IS Condition (appraisal on file), it awaits the touch of your vision and creativity. With a need for rehab and some TLC, this canvas holds immense potential. Envision crafting your dream shore home, tailored to your preferences, a haven destined to delight for years to come. Seize this opportunity to transform this gem into a cherished retreat – a shore home that mirrors your aspirations and lifestyle, a canvas awaiting your personal touch.

Last Agent to Sell the Property

Derek Doernbach

COLDWELL BANKER ARGUS REAL ESTATE-Northfield License #1645208 Listed on: 12/29/2023

COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Last Buyer's Agent

Derek Doernbach

COLDWELL BANKER ARGUS REAL ESTATE-Northfield License #1645208 Listed on: 12/29/2023

COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,403

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 50' x 100'
  • Property Fronts a Bay or Harbor
  • Fenced

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House

Interior Spaces

  • Ceiling Fan
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,403

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Estate: Yes
  • Lvt Date: 12/29/2023
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: W/W Carpet
  • Bedrooms: 3
  • Bedroom 1: Size: 13' x 11', On Level: Main
  • Bedroom 2: Size: 10.5' x 11', On Level: Main
  • Bedroom 3: Size: 10' x 10.5', On Level: Main
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Size: 20.5' x 10', On Level: Main
  • Kitchen: Size: 10' x 6', On Level: Main
  • Living Room: Size: 14' x 23', On Level: Main

Exterior Features

  • Outside Features: Deck, Fenced Yard, Shed

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Bay Front
  • Lot Dimensions: 50' x 100'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Feb 5, 2024
Sold by
Arthur Eberhard And Daphne L Eberhard Re
Bought by
Lazos Kostas and Lazos Anna
Seller's Agent
Derek Doernbach
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Buyer's Agent
Derek Doernbach
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
List Price
$272,000
Sold Price
$291,000
Premium/Discount to List
$19,000
6.99%
Total Days on Market
5
Views
117
Current Estimated Value
$334,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,534
Avg. Annual Appreciation
15.42%
Original Mortgage
$218,250
Outstanding Balance
$215,474
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$138,682

Purchase Details

Closed on
Jan 24, 2008
Sold by
Eberhard Arthur and Eberhard Daphne L
Bought by
Eberhard Arthur and Eberhard Daphne L

Purchase Details

Closed on
Mar 8, 1993
Sold by
Hand Albert C
Bought by
Eberhard Arthur and Eberhard Daphne L

Purchase Details

Closed on
Jul 25, 1991
Sold by
Hand Albert
Bought by
Hand Albert
Source: Public Records

Similar Homes in Somers Point, NJ

  • 335 Shore Rd, Somers Point, NJ 08244

    $319,900

    • 2 Beds
    • 1 Bath
    • 335 Shore Rd
    • Somers Point, NJ

    Bright sunny conveniently located Somers Point Cottage. Two bedrooms and one bath. Freshly painted with refinished southern pine flooring through the living room, dining area, and bedrooms. Gas forced air heat with central Ac replaced approx 8 years ago. Large private rear yard perfect for you outdoor living. Front deck replaced in 2024. Pull down stairs to the tall attic for some great storage.

    Scott Kirkpatrick BHHS FOX and ROACH-Simpson OC

    Section Image
  • 205 Columbus Place, Somers Point, NJ 08244

    $398,900

    • 3 Beds
    • 2 Baths
    • 205 Columbus Place
    • Somers Point, NJ

    ***********WELCOME HOME TO COLUMBUS PLACE**********YOUR NEW HOME AT THE SHORE! GREAT SUPER PRIVATE AND SECLUDED CUL DE SAC LOCATION W/ SUPER NICE NEIGHBORS! RED HOT SOMERS POINT 4 MILES AND MINUTES TO THE 9TH ST OCEAN CITY BOARDWALK AND BEACHES! CLOSE TO ALL THE ACTION OF BUSTLING SOMERS POINT INC THE SOMERS POINT BEACH, MARINAS/FISHING, DINING AND ENTERTAINMENT! THIS 3 BEDROOM 2 FULL BATH

    Robert Shamberg BHHS DIVERSIFIED REALTY

    Section Image
  • 226 Bethel Rd, Somers Point, NJ 08244

    $375,000

    • 3 Beds
    • 2 Baths
    • 226 Bethel Rd
    • Somers Point, NJ

    Welcome to this delightful 3-bedroom, 2-bathroom ranch home in Somers Point! This charming property features a convenient horseshoe driveway and an open floor plan, boasting approximately 1,144 square feet of comfortable living space. The inviting living room is illuminated by a large window that allows natural light to fill the home, while the kitchen is equipped with stylish built-in woodgrain

    Kimberlee Mcclellan Ai Brokers LLC

    Section Image
  • 202 Steelman Ave, Somers Point, NJ 08244

    $324,900

    • 3 Beds
    • 1 Bath
    • 202 Steelman Ave
    • Somers Point, NJ

    Charming and well-kept bungalow nestled in the heart of Somers Point! Situated in a quiet neighborhood, this home is just minutes from top-rated restaurants, the bike path, shopping, and everything this vibrant shore town has to offer. Step inside to find an inviting open layout with gleaming hardwood floors, a freshly painted interior, a spacious eat-in kitchen, and flexible living space,

    Jeff Quintin eXp Realty - Ocean City S382K

    Section Image
  • 1009 Massachusetts Ave, Somers Point, NJ 08244

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,442 Sq Ft
    • 1009 Massachusetts Ave
    • Somers Point, NJ

    Great Opportunity in Somers Point ! This Estate Sale needs a little TLC but is ready for you to make it beautiful again ! Situated on a pvt. fenced in lot with a shed out back plus a beautiful Gazebo ! Just Listed , better see this on soon! Easy to show Vacant and on a Lockbox this one wont last long! Being sold "AS IS " but in move in condition....

    Randall Vickery Keller Williams Realty - Cherry Hill

    Section Image
  • 125 S Ambler Rd, Somers Point, NJ 08244

    $329,900

    • 2 Beds
    • 1 Bath
    • 125 S Ambler Rd
    • Somers Point, NJ

    Discover this stunning, fully renovated home in the desirable Fairways section of Somers Point! Ideally located just minutes from the beautiful beaches of Ocean City, Longport, and Margate, this home offers the perfect blend of convenience and coastal charm. Enjoy easy access to the bike path and the historic Somers Point Bayfront, making it an excellent choice for year-round living or the

    Susan Boehm Innovate Realty

    Section Image
  • 19 Merion Dr, Somers Point, NJ 08244

    $279,000

    • 2 Beds
    • 2 Baths
    • 19 Merion Dr
    • Somers Point, NJ

    PROPERTY, RENOVATION, INVESTMENT, HOMEOWNER opportunity. This property located at 19 Merion in Somers Point, NJ offers a unique opportunity for those looking to invest in a fixer-upper. With 2 bedrooms and 2 baths, this home is in need of a total rehab, making it ideal for buyers who are ready to take on a renovation project. The buyer will be responsible for all government certifications as the

    Neil Cohen NEW ERA REAL ESTATE-B

    Section Image
  • 61 Bucknell Rd, Somers Point, NJ 08244

    $349,000

    • 3 Beds
    • 1.5 Baths
    • 61 Bucknell Rd
    • Somers Point, NJ

    Well Maintained Split Level ready for the next family to make it their HOME. This property has only been owned by One Family, and you can feel the love that was spread throughout the property. The time has come for someone else to raise their kids in the home or use as a second home. As you enter the front door there is a living room, dining area and kitchen. Through the kitchen you walk

    Damon Bready BHHS FOX and ROACH-Simpson OC

    Section Image
  • 31 Gulph Mill Rd, Somers Point, NJ 08244

    $375,000

    • 4 Beds
    • 1.5 Baths
    • 31 Gulph Mill Rd
    • Somers Point, NJ

    Charming Split-Level Home Perfect for Any Season! This cozy split-level home offers comfort and flexibility with a warm, inviting layout. A standout feature is the built-in wood-burning fireplace, perfect for relaxing on chilly evenings. Three of the four bedrooms are located on the upper level, while the fourth bedroom is on the lower level—ideal as an in-law suite with its own private entrance.

    Kate Markoska BALSLEY/LOSCO

    Section Image

Range of Values:

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
Lazos Kostas $291,000 Fidelity National Title
Eberhard Arthur -- None Available
Eberhard Arthur $103,000 --
Hand Albert $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazos Kostas $218,250
Previous Owner Eberhard Arthur $27,000
Previous Owner Eberhard Arthur $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $291,000 +7.0% $204 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $272,000 -- $190 / 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 $5,403 $151,100 $75,000 $76,100
2023 $5,048 $151,100 $75,000 $76,100
2022 $5,048 $151,100 $75,000 $76,100
2021 $4,973 $151,100 $75,000 $76,100
2020 $4,871 $151,100 $75,000 $76,100
2019 $4,734 $151,100 $75,000 $76,100
2018 $4,634 $151,100 $75,000 $76,100
2017 $4,468 $151,100 $75,000 $76,100
2016 $4,266 $151,100 $75,000 $76,100
2015 $4,222 $151,100 $75,000 $76,100
2014 $4,080 $151,100 $75,000 $76,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 580791

South Jersey Shore Regional MLS

APN: 21-00710-0000-00009-02