NOT LISTED FOR SALE

125 W Pierson Ave Somers Point, NJ 08244

Estimated Value: $304,000 - $344,000

2 Beds
1 Bath
960 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $160,000 $167 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,231/month

11 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Porch
  • Mainland Regional High School Rated A-
  • Den
  • Patio

About This Home

As of August 2020

Welcome to this charming 2 bedroom, 1 bath cottage in Somers Point! A covered front porch provides a great place for morning coffee. Enter through the front door where you will find a bright floor plan starting with a living room that leads to the dining room and kitchen. The kitchen features exposed wood beams that continue to the dining area as well as lovely white cabinets and a ceiling fan. The dining room hosts a timeless light fixture and a box window perfect for plants! The main bedroom is oversized and offers wood floors, crown molding, and a ceiling fan. The second bedroom is also airy and has wood floors, crown molding, and a ceiling fan. The full bath has an extended countertop, under cabinet storage, a tub/shower combo, and a window for natural light. Just off the kitchen Is a large laundry room with shelving, utilities, and room for added storage. Head outside where you will find a separate wood deck great for a BBQ grill and chairs, a spacious storage shed with electric, and a fully fenced yard with a gate for the driveway. Additionally, you will appreciate the portable generator, new hot water heater, newer HVAC 4 years old, newer roof (7 years old), washer/dryer 2 years old. Situated in a quiet neighborhood just minutes to shopping, restaurants, medical facilities and the bay!

Last Listed By

Christopher Ferzoco

Keller Williams Realty Jersey Shore-Ocean City License #0448907 Listed on: 07/15/2020

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,196

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 45x95
  • Fenced
  • Sprinkler System

Parking

  • 2 Parking Spaces

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Den
  • Storage
  • Storage In Attic
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,196

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cottage
  • Lvt Date: 07/15/2020
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Stove, Washer
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Den/Tv Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard, Patio, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Oil
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 45x95
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 8, 2020
Sold by
Eisenhower Stanley
Bought by
Callahan Patrick and Schad Samantha
Seller's Agent
Christopher Ferzoco
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Total Days on Market
11
Current Estimated Value
$322,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,834
Avg. Annual Appreciation
16.03%
Original Mortgage
$128,000
Outstanding Balance
$114,618
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$208,216

Purchase Details

Listed on
Jul 15, 2020
Closed on
Jul 27, 2020
Sold by
Eisenhower Stanley and Eisenhower Susan
Bought by
Eisenhower Stanley
Seller's Agent
Christopher Ferzoco
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$114,618
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$208,216

Purchase Details

Listed on
Dec 30, 2017
Closed on
Feb 28, 2018
Sold by
Franklin Bank
Bought by
Eisenhower Stanley and Eisenhower Susan
Seller's Agent
Monte Rose
BALSLEY/LOSCO
Buyer's Agent
Ricardo Yumiseba
Soleil Sotheby's International Realty - A
List Price
$139,900
Sold Price
$132,000
Premium/Discount to List
-$7,900
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$105,600
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2017
Sold by
Tag Properties Llc and Gans Gary E
Bought by
Franklin Bank

Purchase Details

Closed on
Apr 7, 2005
Sold by
Leyva Lawrence and Leyva Christine
Bought by
Tag Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1994
Sold by
Rauch Frank
Bought by
Leyva Lawrence and Leyva Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.01%

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
Callahan Patrick $160,000 Land Title Services
Eisenhower Stanley -- None Available
Eisenhower Stanley $132,000 Surety Title Co Llc
Franklin Bank $1,000 None Available
Tag Properties Llc $225,000 Commonwealth Land Title Insu
Leyva Lawrence $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Patrick $128,000
Previous Owner Eisenhower Stanley $105,600
Previous Owner Tag Properties Llc $20,000
Previous Owner Tag Properties Llc $160,000
Previous Owner Leyva Christine A $40,000
Previous Owner Leyva Lawrence $66,700
Previous Owner Leyva Lawrence $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $160,000 -3.0% $167 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $165,000 +25.0% $172 / Sq Ft
03/02/2018 03/02/18 Sold $132,000 -5.6% $138 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
12/30/2017 12/30/17 For Sale $139,900 -- $146 / 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 $5,196 $145,300 $64,400 $80,900
2023 $4,854 $145,300 $64,400 $80,900
2022 $4,854 $145,300 $64,400 $80,900
2021 $4,782 $145,300 $64,400 $80,900
2020 $4,684 $145,300 $64,400 $80,900
2019 $4,552 $145,300 $64,400 $80,900
2018 $4,551 $148,400 $64,400 $84,000
2017 $4,388 $148,400 $64,400 $84,000
2016 $4,189 $148,400 $64,400 $84,000
2015 $4,146 $148,400 $64,400 $84,000
2014 $4,007 $148,400 $64,400 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539274

South Jersey Shore Regional MLS

APN: 21-00513-0000-00007-01