NOT LISTED FOR SALE

206 Penny Ln Somers Point, NJ 08244

Estimated Value: $276,000 - $315,000

2 Beds
1 Bath
-- Sq Ft
2,004 Sq Ft Lot

Last Sold August 27, 2012

Last sale price $35,000

Est. 743% increase in value since last sale

Current estimated payment $1,907/month

22 Days on Market

About This Home

As of August 2012

This bungalow is for someone with a vision. Cute, needs some creative remodeling. Great part of town, quiet street, close to restaurants and OC.

Last Agent to Sell the Property

Michelle Ruggles

NVC REALTY Listed on: 07/19/2012

Last Buyer's Agent

Kathy Pileggi

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,198

Lot Details

  • 2,004

Home Design

  • Bungalow

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,198

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1

Lot Info

  • Lot Dimensions: .0459
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2013
Sold by
Glb Management Llc
Bought by
K And T Llc
Current Estimated Value
$294,908

Purchase Details

Listed on
Jul 19, 2012
Closed on
Aug 27, 2012
Sold by
Joseph J Craddock Inc
Bought by
Glb Management Llc
Seller's Agent
Michelle Ruggles
NVC REALTY
Buyer's Agent
Kathy Pileggi
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Craddock Joseph J and Craddock Nicole R
Bought by
Joseph J Craddock Inc

Purchase Details

Closed on
Jul 28, 1998
Sold by
Jcs Real Estate Development Corp
Bought by
Craddock Joseph J and Simon Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.57%

Purchase Details

Closed on
Feb 29, 1996
Sold by
Craddock Joseph J
Bought by
Jcs Real Estate Development Corp

Purchase Details

Closed on
Apr 16, 1990
Sold by
Aurelio William A and Aurelio Joy A
Bought by
Craddock Joseph J
Source: Public Records

Range of Values:

Collateral Analytics

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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
K And T Llc $122,500 Surety Title
Glb Management Llc $3,500 Surty Title
Joseph J Craddock Inc -- --
Craddock Joseph J -- The Title Company
Jcs Real Estate Development Corp -- The Title Company
Craddock Joseph J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K And T Llc $500,000
Previous Owner Joseph J Craddock Inc $441,000
Previous Owner Joseph Craddock Inc $880,000
Previous Owner Craddock Joseph J $58,000
Previous Owner Craddock Joseph J $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2012 08/27/12 Sold $35,000 0.0% --
08/10/2012 08/10/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $35,000 -- --
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 $4,198 $117,400 $53,000 $64,400
2024 $4,198 $117,400 $53,000 $64,400
2023 $3,922 $117,400 $53,000 $64,400
2022 $3,922 $117,400 $53,000 $64,400
2021 $3,864 $117,400 $53,000 $64,400
2020 $3,785 $117,400 $53,000 $64,400
2019 $3,678 $117,400 $53,000 $64,400
2018 $3,601 $117,400 $53,000 $64,400
2017 $3,472 $117,400 $53,000 $64,400
2016 $3,314 $117,400 $53,000 $64,400
2015 $3,280 $117,400 $53,000 $64,400
2014 $3,170 $117,400 $53,000 $64,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michelle Ruggles

    NVC REALTY

    (609) 742-3248

    4 Total Sales

    Michelle Ruggles
    Section Image
  • Kathy Pileggi

    Buyer's Agent in 2012

    Kathy Pileggi

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 432-8131

    7 in this area

    63 Total Sales

    Kathy Pileggi
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 397984

South Jersey Shore Regional MLS

APN: 21-01617-0000-00005

New Jersey Atlantic County Somers Point 08244

206 Penny Ln, Somers Point, NJ

This home is located at 206 Penny Ln, Somers Point, NJ 08244 since 19 July 2012 and is currently estimated at $294,908. 206 Penny Ln is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

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