NOT LISTED FOR SALE

25 E New Jersey Ave Somers Point, NJ 08244

Estimated Value: $491,028 - $603,000

2 Beds
1.5 Baths
1,344 Sq Ft
$411/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $165,500 $123 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $3,594/month

16 Days on Market

About This Home

As of July 2012

Location, 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

JEAN BALL

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 05/29/2012

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

Larry Campbell

BALSLEY/LOSCO-VENTNOR License #9700334

BALSLEY/LOSCO-VENTNOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,164

Lot Details

  • 5,009

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50x100

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,164

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main

Utilities

  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size: Less Than One Acre

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
Current Estimated Value
$551,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,257
Avg. Annual Appreciation
9.46%
Original Mortgage
$132,400
Outstanding Balance
$91,850
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$459,907

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

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
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
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 $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $8,164 $228,300 $80,000 $148,300
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

    21 Total Sales

    JEAN BALL
    Section Image
  • Larry Campbell

    Buyer's Agent in 2012

    Larry Campbell

    BALSLEY/LOSCO-VENTNOR

    (609) 442-6972

    Larry Campbell
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 395685

South Jersey Shore Regional MLS

APN: 21-01613-0000-00007

New Jersey Atlantic County Somers Point 08244

25 E New Jersey Ave, Somers Point, NJ

Not Listed for Sale

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