NOT LISTED FOR SALE

131 Gibbs Ave Somers Point, NJ 08244

Estimated Value: $539,251 - $702,000

-- Bed
-- Bath
2,017 Sq Ft
$322/Sq Ft Est. Value

About This Home

This home is located at 131 Gibbs Ave, Somers Point, NJ 08244 and is currently estimated at $650,313, approximately $322 per square foot. 131 Gibbs Ave is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Sherwood Howard L
Bought by
Sherwood Ryan H and Faust Andria N
Current Estimated Value
$650,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Outstanding Balance
$263,849
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$386,464

Purchase Details

Closed on
Oct 30, 1992
Sold by
Sherwood Howard L
Bought by
Sherwood Howard L

Purchase Details

Closed on
Oct 3, 1991
Sold by
Sherwod Eleanor
Bought by
Sherwood Howard L and Sherwood Georgette

Purchase Details

Closed on
Dec 16, 1988
Sold by
Sherwood Eleanor V
Bought by
Sherwood Eleanor and Sherwood Howard L
Source: Public Records

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
Sherwood Ryan H $330,000 Lloyda & Handson Title Agcy
Sherwood Howard L -- --
Sherwood Howard L -- --
Sherwood Eleanor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherwood Ryan H $297,000
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
2025 $9,237 $258,300 $89,000 $169,300
2024 $9,237 $258,300 $89,000 $169,300
2023 $8,630 $258,300 $89,000 $169,300
2022 $8,630 $258,300 $89,000 $169,300
2021 $8,501 $258,300 $89,000 $169,300
2020 $8,078 $258,300 $89,000 $169,300
2019 $7,843 $258,300 $89,000 $169,300
2018 $7,672 $258,300 $89,000 $169,300
2017 $7,388 $258,300 $89,000 $169,300
2016 $7,042 $258,300 $89,000 $169,300
2015 $6,967 $258,300 $89,000 $169,300
2014 $6,724 $258,300 $89,000 $169,300
Source: Public Records

Map

New Jersey Atlantic County Somers Point 08244

131 Gibbs Ave, Somers Point, NJ

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