NOT LISTED FOR SALE

18 W Laurel Dr Somers Point, NJ 08244

Estimated Value: $291,000 - $400,000

4 Beds
1.5 Baths
-- Sq Ft
0.28 Acres

Last Sold May 14, 2021

Last sale price $187,000

Est. 82% increase in value since last sale

Current estimated payment $2,252/month

Highlights

  • Wood Flooring
  • Laundry Room
  • Forced Air Heating System
  • Mainland Regional High School Rated A-

About This Home

As of May 2021

New rare renovation opportunity to hit the market. This property sits on a spacious 75' x 165' lot that leads right out onto the gateway to Ocean City, NJ. "America’s Greatest Family Resort". If you have been looking for a property to custom renovate for your family, an investment to flip, or an investment to rent now is your opportunity! This traditional Somers Point Split Level home has an additional spacious Florida Room leading down onto a tremendous, mostly fenced in backyard. Upstairs features 3 bedrooms, and 1 full bathroom, pull down attic, natural gas forced air heating, and hardwood floors. The main entrance mid level features a formal living room, dining area and kitchen with oak cabinets and white appliances. The dining area opens up to the Florida room. Finally, the lower level features a 4th bedroom, or additional den area, an attached one car garage with an inside entry, a powder room, (that could be converted into a second full bathroom), and a laundry/ utility room with a backdoor that leads out to the backyard. The property also features new central air.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 03/25/2021

Co-Listed By

Frank Levin

eXp Realty - Ocean City S382K

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 03/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,271

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 75x165

Parking

  • 1 Car Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,271

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 03/25/2021
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring: Tile, Wood
  • Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Laundry/Utility Room

Exterior Features

  • Siding Exterior: Aluminum

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 75X165
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 14, 2021
Sold by
Cellucci Judith A
Bought by
Ferraro Andrew
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$199,900
Sold Price
$187,000
Premium/Discount to List
-$12,900
-6.45%
Current Estimated Value
$340,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,708
Avg. Annual Appreciation
14.61%

Purchase Details

Closed on
Dec 23, 1997
Sold by
Cellucci Daniel S and Cellucci Judith A
Bought by
Cellucci Judith A
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
Ferraro Andrew $187,000 Freedom Title & Abstract
Cellucci Judith A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $187,000 -1.5% --
04/13/2021 04/13/21 Pending -- -- --
04/03/2021 04/03/21 Price Changed $189,900 -5.0% --
03/25/2021 03/25/21 For Sale $199,900 -- --
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
2025 $5,271 $147,400 $32,500 $114,900
2024 $5,271 $147,400 $32,500 $114,900
2023 $4,925 $147,400 $32,500 $114,900
2022 $4,925 $147,400 $32,500 $114,900
2021 $4,851 $147,400 $32,500 $114,900
2020 $4,752 $147,400 $32,500 $114,900
2019 $4,618 $147,400 $32,500 $114,900
2018 $4,521 $147,400 $32,500 $114,900
2017 $4,359 $147,400 $32,500 $114,900
2016 $4,161 $147,400 $32,500 $114,900
2015 $4,118 $147,400 $32,500 $114,900
2014 $4,655 $172,400 $57,500 $114,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 548694

South Jersey Shore Regional MLS

APN: 21-01920-0000-00019