NOT LISTED FOR SALE

206 Penny Ln Somers Point, NJ 08244

Estimated Value: $269,000 - $305,000

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

Last Sold August 27, 2012

Last sale price $35,000

Est. 713% increase in value since last sale

Current estimated payment $1,852/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
$284,380

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
17.13%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Previous Owner Craddock Joseph J $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    56 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

Not Listed for Sale

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