NOT LISTED FOR SALE

12 E Groveland Ave Somers Point, NJ 08244

Estimated Value: $362,924 - $432,000

-- Bed
-- Bath
1,170 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $110,000 $94 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $2,546/month

125 Days on Market

Highlights

  • No HOA
  • Mainland Regional High School Rated A-
  • Forced Air Heating System

About This Home

As of April 2017

Two family dwelling in Somers Point bay district, needs work but priced to sell.!!

Last Agent to Sell the Property

Joe Biancaniello

joebianco63@gmail.com Marketplace Realty Listed on: 11/01/2016

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 1919

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 55x100

Parking

  • 3 Open Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • Storage Includes Bins

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 21-00911-00018

Community Details

Overview

  • No Home Owners Association
  • Somers Point Subdivision

Building Details

  • Operating Expense $4,881

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,881

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Bins
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 1170
  • Living Area Sq Ft: 1170
  • Price Per Sq Ft: 102.48
  • Above Grade Finished Sq Ft: 1170
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 99200.00
  • Land Assessed Value: 75500.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 55X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5500.00
  • Property Attached Yn: Yes
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3429782
  • Tax Annual Amount: 4881.00
  • Assessor Parcel Number: 21-00911-00018
  • Tax Lot: 00018
  • Tax Year: 2016

MLS Schools

  • School District Name: SOMERS POINT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
May 19, 2017
Sold by
Coco Joseph and Estate Of Mary Coco
Bought by
Albright Charles W and Albright Donna M
Seller's Agent
Joe Biancaniello
Marketplace Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$390,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,981
Avg. Annual Appreciation
15.85%
Original Mortgage
$93,500
Outstanding Balance
$47,233
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$343,748

Purchase Details

Closed on
Jan 17, 2014
Sold by
Coco Joseph
Bought by
Coco Joseph

Purchase Details

Closed on
Aug 26, 1992
Sold by
Coco Joseph
Bought by
Coco Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Albright Charles W $110,000 North American Title
Coco Joseph -- None Available
Coco Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albright Charles W $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $110,000 -8.3% $94 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $119,900 -- $102 / Sq Ft
Source: Bright 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 $5,865 $164,000 $75,500 $88,500
2024 $5,865 $164,000 $75,500 $88,500
2023 $5,479 $164,000 $75,500 $88,500
2022 $5,479 $164,000 $75,500 $88,500
2021 $5,397 $164,000 $75,500 $88,500
2020 $5,287 $164,000 $75,500 $88,500
2019 $5,473 $174,700 $75,500 $99,200
2018 $5,358 $174,700 $75,500 $99,200
2017 $5,166 $174,700 $75,500 $99,200
2016 $4,932 $174,700 $75,500 $99,200
2015 $4,881 $174,700 $75,500 $99,200
2014 $4,717 $174,700 $75,500 $99,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joe Biancaniello

    Marketplace Realty

See All Agents

Map

Source: Bright MLS

MLS Number: 1003944301

Bright MLS

APN: 21-00911-0000-00018

New Jersey Atlantic County Somers Point 08244

12 E Groveland Ave, Somers Point, NJ

Not Listed for Sale

MultiFamily

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