158 W Pierson Ave Somers Point, NJ 08244
Estimated Value: $476,000
--
Bed
--
Bath
--
Sq Ft
0.27
Acres
Highlights
- Workshop
- 2 Car Detached Garage
- Laundry Room
- Mainland Regional High School Rated A-
- Living Room
- Shed
About This Home
As of March 2022Great Investment property close to the bike path in Somers Point. This duplex features a 3 Bedroom 2 bath Cape Cod in the front and a 1 Bedroom 1 bath cottage in the rear on an oversized lot with a separate workshop with out back. The spacious front unit has gas heat, central air, a large kitchen, dining room, family room, and an unfinished basement. The charming cottage outback is a perfect income producer as a yearly rental or an Air B&B. The oversized lot has two driveways and plenty of space for everything. Both Units are tenant occupied with long term tenants who are month to month leases. Come check it out!!
Last Listed By
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0449809 Listed on: 02/04/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,796
Year Built
- 1928
Lot Details
- 0.27
Home Design
- Duplex
- Asbestos Siding
- Vinyl Siding
Interior Spaces
- Drapes & Rods
- Blinds
- Living Room
- Dining Room
- Workshop
- Storage In Attic
- Storm Screens
Kitchen
- Stove
- Microwave
- Dishwasher
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Parking
- 2 Car Detached Garage
- Stone Driveway
Utilities
- Central Air
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- Separate Water Meter
- Gas Water Heater
Additional Features
- Shed
- Lot Dimensions are 80'x145'
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2022
Closed on
May 4, 2022
Seller's Agent
Kevin Mcgonigle
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kevin Mcgonigle
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%
Total Days on Market
5
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
$111,000
Avg. Annual Appreciation
4.50%
Original Mortgage
$362,142
Interest Rate
4%
Mortgage Type
VA
Purchase Details
Closed on
Jan 30, 2004
Sold by
Adamson Halbert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 27, 1996
Sold by
Hood Robert Walton
Bought by
Adamson Halbert T Tom
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $365,000 | Vernon Allen H | |
| -- | $227,500 | -- | |
| -- | $227,500 | Fidelity National Title | |
| Adamson Halbert T Tom | $28,163 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | $362,142 | |
| Previous Owner | -- | $10,000 | |
| Previous Owner | Adamson Thomas P | $164,400 | |
| Previous Owner | -- | $180,000 | |
| Previous Owner | Adamson Halbert T | $100,000 | |
| Previous Owner | Adamson Halbert T | $35,000 | |
| Closed | Adamson Halbert T Tom | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2022 03/16/22 | Sold | $365,000 | -2.6% | -- |
| 02/09/2022 02/09/22 | Pending | -- | -- | -- |
| 02/04/2022 02/04/22 | For Sale | $374,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $7,796 | $218,000 | $69,300 | $148,700 |
| 2023 | $7,283 | $218,000 | $69,300 | $148,700 |
| 2022 | $7,283 | $218,000 | $69,300 | $148,700 |
| 2021 | $7,174 | $218,000 | $69,300 | $148,700 |
| 2020 | $7,028 | $218,000 | $69,300 | $148,700 |
| 2019 | $6,830 | $218,000 | $69,300 | $148,700 |
| 2018 | $6,686 | $218,000 | $69,300 | $148,700 |
| 2017 | $6,446 | $218,000 | $69,300 | $148,700 |
| 2016 | $6,154 | $218,000 | $69,300 | $148,700 |
| 2015 | $6,091 | $218,000 | $69,300 | $148,700 |
| 2014 | $5,886 | $218,000 | $69,300 | $148,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Mcgonigle
Seller's Agent in 2022
Kevin Mcgonigle
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
(609) 226-6046
60 Total Sales
-
Dennis Mullen
D
Seller Co-Listing Agent in 2022
Dennis Mullen
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
(609) 602-0275
3 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 559367
APN: 21-00613-0000-00018
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