R
Seller's Agent in 2022
RaMona Grace
BALSLEY/LOSCO
(609) 872-6610
1 in this area
9 Total Sales
15 E Cedar Ave Somers Point, NJ 08244
Estimated Value: $357,000 - $409,000
3
Beds
1
Bath
--
Sq Ft
5,009
Sq Ft Lot
Highlights
- Ranch Style House
- Wood Flooring
- Eat-In Kitchen
- Mainland Regional High School Rated A-
- Porch
- Patio
About This Home
As of December 2022Get 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
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,009
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,829
Avg. Annual Appreciation
19.53%
Original Mortgage
$225,150
Outstanding Balance
$218,046
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$171,783
Purchase Details
Closed on
Sep 20, 1995
Sold by
Brown Earl B and Brown Bertha
Bought by
Ballard Jay and Ballard Terry
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 |
|---|---|---|---|
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 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 |
|---|---|---|---|---|
| 2025 | $7,009 | $196,000 | $75,000 | $121,000 |
| 2024 | $7,009 | $196,000 | $75,000 | $121,000 |
| 2023 | $6,548 | $196,000 | $75,000 | $121,000 |
| 2022 | $6,548 | $196,000 | $75,000 | $121,000 |
| 2021 | $6,450 | $196,000 | $75,000 | $121,000 |
| 2020 | $6,319 | $196,000 | $75,000 | $121,000 |
| 2019 | $6,141 | $196,000 | $75,000 | $121,000 |
| 2018 | $6,011 | $196,000 | $75,000 | $121,000 |
| 2017 | $5,796 | $196,000 | $75,000 | $121,000 |
| 2016 | $5,533 | $196,000 | $75,000 | $121,000 |
| 2015 | $5,476 | $196,000 | $75,000 | $121,000 |
| 2014 | $5,292 | $196,000 | $75,000 | $121,000 |
Source: Public Records
Agents Affiliated with this Home
-
RaMona Grace
-
Michele Zelig
Buyer's Agent in 2022
Michele Zelig
PLATINUM REAL ESTATE
(609) 432-3589
14 in this area
125 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 568445
APN: 21-00711-0000-00004-01
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