NOT LISTED FOR SALE

15 E Cedar Ave Somers Point, NJ 08244

Estimated Value: $351,000 - $448,000

3 Beds
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $237,000

Est. 65% increase in value since last sale

Current estimated payment $2,612/month

9 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Eat-In Kitchen
  • Mainland Regional High School Rated A-
  • Porch
  • Patio

About This Home

As of December 2022

Get Ready for Summer-2023 at the NJ Shore! The Most Desired location in Somers Point. Oversized Ranch Home on a 50x100 lot with a beautiful tranquil Backyard, Custom Paver Patio and 12x20 Shed with 8 ft ceiling. The inviting sunlit Split Floorplan opens to a Huge Living Room, Spacious Eat-In Kitchen with Hardwood Floors and a Laundry Room and/or Office. Be surprised by the short Walking/ Biking distance to the Historical District/Bay Ave, Beach, Marina, Restaurants, Kennedy Park and Margate & Ocean City Bridge. Close proximity to Garden State Pkwy. Sold Strictly "As Is" Condition. "The Shore Starts Here"-RG

Last Agent to Sell the Property

RaMona Grace

BALSLEY/LOSCO Listed on: 10/26/2022

BALSLEY/LOSCO

Last Buyer's Agent

Michele Zelig

PLATINUM REAL ESTATE

PLATINUM REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50 x 100

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • Storage
  • Unfinished Basement
  • Partial Basement
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Stove, Washer
  • Flooring: Hardwood, Vinyl, W/W Carpet
  • Interior Amenities: Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Bedroom 1: Size: appx 13 x 13, On Level: Main
  • Bedroom 2: Size: appx 10 x 10, On Level: Main
  • Bedroom 3: Size: appx 10 x 10, On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: Partial, Unfinished
  • Kitchen: Size: appx 10 x 20, On Level: Main
  • Living Room: Size: appx 17 x 17, On Level: Main
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Patio, Porch, Shed, Sidewalks
  • Siding Exterior: Asbestos

Utilities

  • Air Conditioner: Wall Units
  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 16, 2022
Sold by
Ballard Jay and Ballard Terry
Bought by
Lynerd John
Seller's Agent
RaMona Grace
BALSLEY/LOSCO
Buyer's Agent
Michele Zelig
PLATINUM REAL ESTATE
List Price
$255,000
Sold Price
$237,000
Premium/Discount to List
-$18,000
-7.06%
Views
192
Current Estimated Value
$390,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,034
Avg. Annual Appreciation
17.37%
Original Mortgage
$225,150
Outstanding Balance
$217,804
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$172,230

Purchase Details

Closed on
Sep 20, 1995
Sold by
Brown Earl B and Brown Bertha
Bought by
Ballard Jay and Ballard Terry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lynerd John $237,000 Surety Title
Ballard Jay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynerd John $225,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $237,000 -7.1% --
11/04/2022 11/04/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $255,000 -- --
Source: South Jersey Shore Regional MLS

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 $7,009 $196,000 $75,000 $121,000
2024 $7,009 $196,000 $75,000 $121,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    RaMona Grace

    BALSLEY/LOSCO

    (609) 872-6610

    1 in this area

    10 Total Sales

    RaMona Grace
    Section Image
  • Michele Zelig

    Buyer's Agent in 2022

    Michele Zelig

    PLATINUM REAL ESTATE

    (609) 432-3589

    17 in this area

    128 Total Sales

    Michele Zelig
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568445

South Jersey Shore Regional MLS

APN: 21-00711-0000-00004-01

New Jersey Atlantic County Somers Point 08244

15 E Cedar Ave, Somers Point, NJ

Not Listed for Sale

Detached

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