122 Gibbs Ave Somers Point, NJ 08244
Estimated Value: $458,898 - $735,000
4
Beds
1.5
Baths
--
Sq Ft
4,008
Sq Ft Lot
Highlights
- The property is located in a historic district
- Deck
- Main Floor Primary Bedroom
- Mainland Regional High School Rated A-
- Wood Flooring
- Cottage
About This Home
As of June 2016Updated, Elevated And Adorable Cottage By The Bay With Old Style Charm. Talk about location, this property is nestled on a dead end street on the Bay in the Heart of town. The Restaurants, Stores and Bayfront Activities are all within walking distance. You will find a beach on the street within steps of Home and the City Beach within one block. The Ocean City Beaches are just over the bridge or simply relax and enjoy the Fantastic Bay Views from your front or rear porch.
Last Agent to Sell the Property
CENTURY 21 ALLIANCE-O1O4J License #9031243 Listed on: 08/16/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,188
Year Built
- 1935
Lot Details
- Lot Dimensions are 40x100
- Fenced
Home Design
- Cottage
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Insulated Windows
- Drapes & Rods
- Blinds
Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
Flooring
- Wood
- Wood Under Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Cedar Closet
- In-Law or Guest Suite
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Storm Screens
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 1 Car Detached Garage
- Automatic Garage Door Opener
Outdoor Features
- Outdoor Shower
- Deck
- Enclosed patio or porch
Location
- The property is located in a historic district
Utilities
- Forced Air Zoned Heating and Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
- Electric Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2014
Closed on
Jun 16, 2016
Sold by
Glenn A Todd
Bought by
Ohara Timothy and Ohara Marie
Seller's Agent
Glenn Todd
CENTURY 21 ALLIANCE-O1O4J
Buyer's Agent
PATRICK DOUGHERTY
GRACE REALTY
List Price
$320,000
Sold Price
$320,000
Total Days on Market
592
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,225
Avg. Annual Appreciation
6.81%
Original Mortgage
$256,000
Outstanding Balance
$207,288
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$372,515
Purchase Details
Closed on
Aug 15, 2001
Sold by
Fontana Frederick N and Fontana Frank
Bought by
Todd Glenn A and Pullaro Annette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
7.21%
Purchase Details
Closed on
Jun 12, 1992
Sold by
Conroy John and Conroy Drane
Bought by
Fontana Frederick and Fontana Frank
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ohara Timothy | -- | -- | |
| Todd Glenn A | $169,900 | -- | |
| Fontana Frederick | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ohara Timothy J | $256,000 | |
| Closed | Ohara Timothy | $256,000 | |
| Closed | Ohara Timothy | -- | |
| Previous Owner | Todd Glenn A | $273,600 | |
| Previous Owner | Todd Glenn A | $111,000 | |
| Previous Owner | Todd Glenn A | $136,000 | |
| Previous Owner | Todd Glenn A | $135,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2016 06/09/16 | Sold | $320,000 | 0.0% | -- |
| 03/30/2016 03/30/16 | Pending | -- | -- | -- |
| 08/16/2014 08/16/14 | For Sale | $320,000 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $7,188 | $201,000 | $89,000 | $112,000 |
| 2023 | $6,715 | $201,000 | $89,000 | $112,000 |
| 2022 | $6,715 | $201,000 | $89,000 | $112,000 |
| 2021 | $6,615 | $201,000 | $89,000 | $112,000 |
| 2020 | $6,480 | $201,000 | $89,000 | $112,000 |
| 2019 | $6,297 | $201,000 | $89,000 | $112,000 |
| 2018 | $6,165 | $201,000 | $89,000 | $112,000 |
| 2017 | $5,944 | $201,000 | $89,000 | $112,000 |
| 2016 | $5,674 | $201,000 | $89,000 | $112,000 |
| 2015 | $5,616 | $201,000 | $89,000 | $112,000 |
| 2014 | $5,427 | $201,000 | $89,000 | $112,000 |
Source: Public Records
Agents Affiliated with this Home
-
Glenn Todd
Seller's Agent in 2016
Glenn Todd
CENTURY 21 ALLIANCE-O1O4J
(609) 440-7424
11 Total Sales
-
PATRICK DOUGHERTY
P
Buyer's Agent in 2016
PATRICK DOUGHERTY
GRACE REALTY
2 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 434148
APN: 21-01511-0000-00011
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