NOT LISTED FOR SALE

12 Franklin Dr Somers Point, NJ 08244

Estimated Value: $392,000 - $432,000

-- Bed
-- Bath
1,802 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 12 Franklin Dr, Somers Point, NJ 08244 and is currently estimated at $411,909, approximately $228 per square foot. 12 Franklin Dr is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Gospel of Grace Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2017
Sold by
Keiter John E and Keiter Laura Smith
Bought by
Keiter John E
Current Estimated Value
$411,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,825
Outstanding Balance
$146,894
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Ryder Michael J and Ryder Frances
Bought by
Keiter John E and Keiter Laura Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 15, 1999
Sold by
Scheidegg David and Scheidegg Candace
Bought by
Ryder 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
$124,336
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1995
Sold by
Scheidegg David S
Bought by
Scheidegg David S and Scheidegg Candace

Purchase Details

Closed on
Sep 28, 1993
Sold by
Pearson Bruce J
Bought by
Scheidegg Dvid S

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.

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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.

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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.

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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.

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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
Keiter John E -- None Available
Keiter John E $315,000 --
Ryder Michael J $128,000 --
Scheidegg David S -- --
Scheidegg Dvid S $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keiter John E $172,825
Closed Keiter John E $215,000
Previous Owner Ryder Michael J $142,000
Previous Owner Ryder Michael J $26,000
Previous Owner Ryder Michael J $124,336
Source: Public Records

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 $7,420 $207,500 $68,100 $139,400
2023 $6,933 $207,500 $68,100 $139,400
2022 $6,933 $207,500 $68,100 $139,400
2021 $6,829 $207,500 $68,100 $139,400
2020 $6,690 $207,500 $68,100 $139,400
2019 $6,501 $207,500 $68,100 $139,400
2018 $6,364 $207,500 $68,100 $139,400
2017 $6,136 $207,500 $68,100 $139,400
2016 $5,858 $207,500 $68,100 $139,400
2015 $5,798 $207,500 $68,100 $139,400
2014 $5,603 $207,500 $68,100 $139,400
Source: Public Records

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