25 E New Jersey Ave Somers Point, NJ 08244
Estimated Value: $363,000 - $592,000
2
Beds
1.5
Baths
1,344
Sq Ft
$358/Sq Ft
Est. Value
About This Home
As of July 2012Location, Location,Location, Historic home, Newer kitchen , laminate floors, finished attic, close to bay area. Being sold in "As-Is" condition, the Buyer to be responsible for any and all inspections and/or certifications required, including Cert Of Occ, prior to closing. Purchase this property for as little as 3% down. This property is approved for HomePath Mortgage and HomePath Renovation Mortgage Financing.
Last Agent to Sell the Property
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #SP-8839511 Listed on: 05/29/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,164
Year Built
- 1925
Lot Details
- 5,009
Bedrooms and Bathrooms
- 2 Bedrooms
Additional Features
- 2-Story Property
- Lot Dimensions are 50x100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2012
Closed on
Jul 30, 2012
Sold by
Federal National Mortgage Association
Bought by
Petrasso Paul and Petrasso Colleen
Seller's Agent
JEAN BALL
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Larry Campbell
BALSLEY/LOSCO-VENTNOR
List Price
$165,500
Sold Price
$165,500
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,202
Avg. Annual Appreciation
8.57%
Original Mortgage
$132,400
Outstanding Balance
$94,741
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$381,851
Purchase Details
Closed on
Apr 24, 2012
Sold by
Barone Rosanio Gloria
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Aug 31, 2007
Sold by
Benson Zachary S and Perazza Benson Rebecca A
Bought by
Barone Rosanio Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 19, 2004
Sold by
Perazza Rebecca
Bought by
Perazza Rebecca and Benson Zachary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 26, 2001
Sold by
Isgro Marie L and Isgro Frank J
Bought by
Perazza Rebecca A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Mar 27, 1991
Sold by
Isgro Marie L
Bought by
Isgro Marie L and Isgro Frank J
Purchase Details
Closed on
Sep 25, 1990
Sold by
Mcdowell Patricia A and Mcdowell Mcfadden,Mary
Bought by
Mcdowell Patricia and Mcdowell Mcfadden,Mary E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Petrasso Paul | $165,500 | Surety Title Agency Of Atlan | |
| Federal National Mortgage Association | -- | None Available | |
| Barone Rosanio Gloria | $300,000 | Title Company Of Atlantic Co | |
| Perazza Rebecca | -- | -- | |
| Perazza Rebecca | -- | -- | |
| Perazza Rebecca A | -- | Shore Title | |
| Perazza Rebecca A | $140,000 | -- | |
| Isgro Marie L | -- | -- | |
| Mcdowell Patricia | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Petrasso Paul | $132,400 | |
| Previous Owner | Barone Rosanio Gloria | $255,000 | |
| Previous Owner | Perazza Rebecca A | $11,000 | |
| Previous Owner | Perazza Rebecca A | $127,000 | |
| Previous Owner | Perazza Rebecca A | $119,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2012 07/30/12 | Sold | $165,500 | 0.0% | $123 / Sq Ft |
| 06/14/2012 06/14/12 | Pending | -- | -- | -- |
| 05/29/2012 05/29/12 | For Sale | $165,500 | -- | $123 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $8,164 | $228,300 | $80,000 | $148,300 |
| 2023 | $7,628 | $228,300 | $80,000 | $148,300 |
| 2022 | $7,628 | $228,300 | $80,000 | $148,300 |
| 2021 | $7,513 | $228,300 | $80,000 | $148,300 |
| 2020 | $7,360 | $228,300 | $80,000 | $148,300 |
| 2019 | $7,153 | $228,300 | $80,000 | $148,300 |
| 2018 | $7,002 | $228,300 | $80,000 | $148,300 |
| 2017 | $6,269 | $212,000 | $80,000 | $132,000 |
| 2016 | $5,985 | $212,000 | $80,000 | $132,000 |
| 2015 | $5,923 | $212,000 | $80,000 | $132,000 |
| 2014 | $5,724 | $212,000 | $80,000 | $132,000 |
Source: Public Records
Agents Affiliated with this Home
-
JEAN BALL
Seller's Agent in 2012
JEAN BALL
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
(609) 220-4888
25 Total Sales
-
Larry Campbell
Buyer's Agent in 2012
Larry Campbell
BALSLEY/LOSCO-VENTNOR
(609) 442-6972
6 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 395685
APN: 21-01613-0000-00007
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