NOT LISTED FOR SALE

12 Colgate Rd Somers Point, NJ 08244

Estimated Value: $337,000 - $399,328

2 Beds
1.5 Baths
966 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $116,550 $121 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $2,481/month

14 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Mainland Regional High School Rated A-
  • Patio
  • Dining Room

About This Home

As of September 2018

Check out this smartly designed 2BR/1.1Bth ranch-style home in Somers Point, NJ. Features: approx. 966 SF of living space, hardwood flooring, patio, garage and carport.. End your search now! *** Property Condition Disclosure: living room is treated for discoloration. ***

Last Agent to Sell the Property

MARIA MAZZUCKIS

REALHome Services and Solutions, Inc. License #0683609 Listed on: 07/23/2018

Last Buyer's Agent

GARRY ROGERS

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #1756370

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,755

Year Built

  • Built in 1971

Lot Details

  • 9,148

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Garage
  • Carport

Additional Features

  • Dining Room
  • Patio
  • Lot Dimensions are 73' x 125'
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,755

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 07/23/2018
  • Year Built: 1971
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Slab
  • Other Rooms: Dining Room

Exterior Features

  • Outside Features: Patio
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Carport

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Number: 16
  • Lot Dimensions: 73' x 125'
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2017
  • Taxes: 4755

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 14, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Vassallo Matthew and Larue Vassallo Kelly A
Seller's Agent
MARIA MAZZUCKIS
REALHome Services and Solutions, Inc.
Buyer's Agent
GARRY ROGERS
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$99,700
Sold Price
$116,550
Premium/Discount to List
$16,850
16.9%
Current Estimated Value
$362,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,782
Avg. Annual Appreciation
16.94%
Original Mortgage
$88,800
Outstanding Balance
$77,446
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$272,743

Purchase Details

Closed on
Apr 10, 2018
Sold by
Burke Mairead and White Tony
Bought by
Deutsche Bank Naitonal Trust Co Pany

Purchase Details

Closed on
May 20, 2005
Sold by
Donohoe Mel
Bought by
White Anthony C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 27, 2002
Sold by
Smith John R and Smith Alice Mary
Bought by
Donohoe Mel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
6.27%
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
Vassallo Matthew $111,000 Premium Title Services Inc
Deutsche Bank Naitonal Trust Co Pany $1,000 None Available
White Anthony C $225,000 The Title Company Of Jersey
Donohoe Mel $133,500 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vassallo Matthew $88,800
Previous Owner White Anthony C $45,000
Previous Owner White Anthony C $180,000
Previous Owner Donohoe Mel $41,130
Previous Owner Donohoe Mel $120,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $116,550 +16.9% $121 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $99,700 -- $103 / 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
2025 $6,798 $190,100 $68,000 $122,100
2024 $6,798 $190,100 $68,000 $122,100
2023 $6,351 $190,100 $68,000 $122,100
2022 $6,351 $190,100 $68,000 $122,100
2021 $5,220 $158,600 $68,000 $90,600
2020 $5,113 $158,600 $68,000 $90,600
2019 $4,969 $158,600 $68,000 $90,600
2018 $4,932 $160,800 $68,000 $92,800
2017 $4,755 $160,800 $68,000 $92,800
2016 $4,539 $160,800 $68,000 $92,800
2015 $4,493 $160,800 $68,000 $92,800
2014 $4,342 $160,800 $68,000 $92,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 508573

South Jersey Shore Regional MLS

APN: 21-01226-0000-00016