NOT LISTED FOR SALE

16 Delaware Ave Somers Point, NJ 08244

Estimated Value: $291,000 - $535,000

3 Beds
1 Bath
1,347 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $155,000 $115 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,513/month

786 Days on Market

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • 1 Car Detached Garage
  • Mainland Regional High School Rated A-
  • Wood Under Carpet
  • Porch

About This Home

As of March 2021

Historical/Colonial one block to Bay. Living room with bay window, dining room, eat-in kitchen, utility room. 3 Bedrooms and full bath on second floor plus access to walk up attic. Basement. Natural gas, hot water baseboard heat. Large rear yard with detached garage. This needs some work, but retains charm and in this location could be a perfect rehab project. One block to bay (views from house), fine dining and nightlife and mere minutes to Ocean City beach. Take a look!

Last Agent to Sell the Property

Kathryn Martino

Compass New Jersey-Ocean City (O463H) License #8647210 Listed on: 03/12/2018

Last Buyer's Agent

Kathryn Martino

Compass New Jersey-Ocean City (O463H) License #8647210 Listed on: 03/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,629

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 25 x 150
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Dining Room
  • Wood Under Carpet
  • Storage In Attic
  • Storm Screens
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,629

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 25+ Years
  • Lvt Date: 03/12/2018
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Flooring: W/W Over Hardwood
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Basement: Full, Inside Entrance, Outside Entrance
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard, Needs Work, Porch
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Garage: One Car, Detached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District
  • Lot Dimensions: 25 x 150
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Mar 26, 2021
Sold by
Nyilas Debra
Bought by
Lloyd Kathleen
Seller's Agent
Kathryn Martino
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
Kathryn Martino
Compass New Jersey-Ocean City (O463H)
List Price
$179,000
Sold Price
$155,000
Premium/Discount to List
-$24,000
-13.41%
Current Estimated Value
$375,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,133
Avg. Annual Appreciation
23.66%
Original Mortgage
$114,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1992
Sold by
Morgan Mark L
Bought by
Brown Brady and Brown Danette M

Purchase Details

Closed on
Aug 19, 1988
Sold by
Chandler Jr Fred C
Bought by
Morgan Mark L
Source: Public Records

Range of Values:

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Average Value
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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
Lloyd Kathleen $155,000 Surety Title Company Llc
Brown Brady $77,000 --
Morgan Mark L $60,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Josephine Kelly Llc $1,350,000
Closed Lloyd Dermot $50,000
Closed Lloyd Kathleen $250,000
Closed Lloyd Kathleen $110,000
Closed Lloyd Kathleen $114,750
Previous Owner Nyilas Debra $35,000
Previous Owner Nyilas Debra $160,000
Previous Owner Brown Brady $52,860
Previous Owner Brown Brady $43,228
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $155,000 -13.4% $115 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $179,000 0.0% $133 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
03/12/2018 03/12/18 For Sale $179,000 -- $133 / Sq Ft
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 $5,629 $157,400 $77,900 $79,500
2023 $5,259 $157,400 $77,900 $79,500
2022 $5,259 $157,400 $77,900 $79,500
2021 $5,180 $157,400 $77,900 $79,500
2020 $5,075 $157,400 $77,900 $79,500
2019 $4,931 $157,400 $77,900 $79,500
2018 $4,827 $157,400 $77,900 $79,500
2017 $5,299 $179,200 $77,900 $101,300
2016 $5,059 $179,200 $77,900 $101,300
2015 $5,007 $179,200 $77,900 $101,300
2014 $4,838 $179,200 $77,900 $101,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 502237

South Jersey Shore Regional MLS

APN: 21-01713-0000-00020