$52,500
SOLD JAN 31, 2017

128 Gibbs Ave Unit 1 Somers Point, NJ 08244

2 Beds
1 Bath
-- Sq Ft
958 Sq Ft Lot

Recently Sold

8 Days on Market

About This Home

As of December 2019

Bayfront unit with views! Needs work. Come check this one out!

Last Agent to Sell the Property

BRETT NEAL

Shoreside Realty LLC License #1221529 Listed on: 12/26/2016

Last Buyer's Agent

James W. Sofroney Jr.

THE LANDIS COMPANY License #7820410

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,301

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,301

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 12/26/2016
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Special Features: Auction
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2019
Closed on
Dec 12, 2019
Sold by
Sofroney James
Bought by
Fotiou William A and Fotiou Suzanne
Seller's Agent
James W. Sofroney Jr.
KELLER WILLIAMS REALTY JERSEY SHORE-Sea Isle City
Buyer's Agent
Frank Levin
eXp Realty - Ocean City S382K
List Price
$359,900
Sold Price
$300,000
Premium/Discount to List
-$59,900
-16.64%
Current Estimated Value
$578,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,215
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
May 12, 2014
Sold by
Levari David C
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 7, 2004
Sold by
Monteleone Debra
Bought by
Dethomas & Levari Inc

Purchase Details

Closed on
Jul 24, 2003
Sold by
Rowe Ronald L
Bought by
Dethomasis & Levari Inc

Purchase Details

Closed on
Feb 13, 2001
Sold by
Ridgway Mary Jane
Bought by
Dethomasis & Levari Inc and Flannigan Steven

Purchase Details

Closed on
Feb 16, 1999
Sold by
Lapalombara Samuel
Bought by
Lapalombara Lola
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 Type Sale Price Title Company
Bargain Sale Deed $300,000 Freedom Title & Abstract Co
Sheriffs Deed -- None Available
Deed $36,000 --
Deed $30,000 --
Bargain Sale Deed $100,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $485,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $300,000 -11.7% --
11/01/2019 11/01/19 Pending -- -- --
09/24/2019 09/24/19 Price Changed $339,900 -2.9% --
09/10/2019 09/10/19 Price Changed $349,900 +75.0% --
09/10/2019 09/10/19 Price Changed $199,900 -42.9% --
09/07/2019 09/07/19 Price Changed $349,900 -2.8% --
08/25/2019 08/25/19 For Sale $359,900 +585.5% --
01/31/2017 01/31/17 Sold $52,500 0.0% --
01/03/2017 01/03/17 Pending -- -- --
12/26/2016 12/26/16 For Sale $52,500 -- --
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 $9,301 $260,100 $108,000 $152,100
2023 $8,690 $260,100 $108,000 $152,100
2022 $8,690 $260,100 $108,000 $152,100
2021 $8,560 $260,100 $108,000 $152,100
2020 $5,974 $185,300 $108,000 $77,300
2019 $5,805 $185,300 $108,000 $77,300
2018 $5,683 $185,300 $108,000 $77,300
2017 $5,479 $185,300 $108,000 $77,300
2016 $5,231 $185,300 $108,000 $77,300
2015 $5,177 $185,300 $108,000 $77,300
2014 $6,542 $242,300 $165,000 $77,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 479453

South Jersey Shore Regional MLS

APN: 21-01511-0000-00008-0000-C0001