NOT LISTED FOR SALE

22 Franklin Dr Somers Point, NJ 08244

Estimated Value: $415,000 - $438,000

4 Beds
1.5 Baths
1,802 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $245,000 $136 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,007/month

Highlights

  • Private Pool
  • No HOA
  • Electric Baseboard Heater
  • Mainland Regional High School Rated A-
  • Central Air

About This Home

As of September 2020

This home is located at 22 Franklin Dr, Somers Point, NJ 08244 since 04 September 2020 and is currently estimated at $427,912, approximately $237 per square foot. This property was built in 1973. 22 Franklin Dr is a home located in Atlantic County with nearby schools including Mainland Regional High School, Saint Joseph Regional School, and Atlantic Christian School.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 09/04/2020

Last Buyer's Agent

Jessica DiFrancia

Keller Williams Realty - Atlantic Shore

Keller Williams Realty - Atlantic Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,755

Year Built

  • Built in 1973

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 75.00 x 120.00

Parking

  • Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 1,802 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Pool

  • Private Pool

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Somers Point Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 21-00722-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,755

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1802
  • Living Area Sq Ft: 1802
  • Price Per Sq Ft: 138.18
  • Above Grade Finished Sq Ft: 1802
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: SOMERS POINT
  • School District Key: 300200396919
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 147500.00
  • Land Assessed Value: 68100.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 75.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Year Assessed: 2019
  • Zoning: R-1

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3429608
  • Tax Annual Amount: 6755.00
  • Assessor Parcel Number: 21-00722-00011
  • Tax Lot: 00011
  • Tax Total Finished Sq Ft: 1802
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/04/2020

MLS Schools

  • School District Name: SOMERS POINT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Sep 4, 2020
Sold by
Mazzarella Donald and Mazzarella Madeline
Bought by
Patel Crystal and Patel Nikul
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Jessica DiFrancia
Keller Williams Realty - Atlantic Shore
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$427,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,912
Avg. Annual Appreciation
11.45%
Original Mortgage
$240,562
Outstanding Balance
$215,892
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$198,984

Purchase Details

Closed on
Oct 31, 1984
Bought by
Mazzarella Donald and Mazzarella Madeline
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
Patel Crystal $245,000 Surety Ttl Agcy Coastal Regi
Mazzarella Donald $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Crystal $240,562
Previous Owner Mazzarella Donald $129,000
Previous Owner Mazzarella Donald R $75,000
Previous Owner Mazzarella Donald R $46,900
Previous Owner Mazzarella Donald $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $245,000 0.0% $136 / Sq Ft
09/04/2020 09/04/20 Sold $245,000 -1.6% --
09/04/2020 09/04/20 For Sale $249,000 +3.8% $138 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/25/2020 07/25/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $239,900 -- --
Source: Bright 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 $7,710 $215,600 $68,100 $147,500
2023 $7,203 $215,600 $68,100 $147,500
2022 $7,203 $215,600 $68,100 $147,500
2021 $7,095 $215,600 $68,100 $147,500
2020 $6,951 $215,600 $68,100 $147,500
2019 $6,755 $215,600 $68,100 $147,500
2018 $6,612 $215,600 $68,100 $147,500
2017 $6,375 $215,600 $68,100 $147,500
2016 $6,086 $215,600 $68,100 $147,500
2015 $6,024 $215,600 $68,100 $147,500
2014 $5,821 $215,600 $68,100 $147,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC114738

Bright MLS

APN: 21-00722-0000-00011