NOT LISTED FOR SALE

3 Somerset Ln Ocean City, NJ 08226

Estimated Value: $1,662,000 - $1,894,000

5 Beds
4.5 Baths
-- Sq Ft
4,966 Sq Ft Lot

Last Sold February 26, 2016

Last sale price $815,000

Est. 115% increase in value since last sale

Current estimated payment $10,094/month

60 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Recreation Room
  • Ocean City Primary School Rated A
  • Multiple Fireplaces
  • Cathedral Ceiling

About This Home

As of February 2016

"BEST BUY" Spectacular Single Family Home with Endless Views of the Wetlands, Bay & Sunsets! This Gorgeous 5 bedroom Single Family Features: ELEVATOR, 5 Spacious Bedrooms, 4.5 Baths, Great Room, Family Room, 3 Car Garage with Plenty of Storage, Hardwood Floor in Great Room, Stairs, Hallway, Tiled Showers, 2 Front Decks, Rooftop Deck, Gourmet Kitchen with Granite Countertops, Backsplash, SS Appliances... Great Location! Great Construction! SPECTACULAR VIEWS! Great Value! See you on the Bay!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 10/08/2015

BHHS FOX and ROACH-Simpson OC

Co-Listed By

LESLIE HARSHAW

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Cynda Hollenbaugh

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,395

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Lot Dimensions are 55 x 90

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Carbon Monoxide Detectors

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,395

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • New Construction: Yes
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log, Living Room, More Than 1
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Great Room, Recreation/Family, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Paved Road
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 55 x 90
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Roop Lisa
Bought by
Lisa Ann Roop Living Trust and Roop
Current Estimated Value
$1,749,278

Purchase Details

Closed on
Feb 3, 2021
Sold by
Roop Paul and Roop Lisa
Bought by
Roop Lisa

Purchase Details

Listed on
Oct 8, 2015
Closed on
Feb 26, 2016
Sold by
Harcole Llc
Bought by
Roop Paul and Roop Lisa
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Cynda Hollenbaugh
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$815,000
Sold Price
$815,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Listed on
Jul 3, 2013
Closed on
Dec 6, 2013
Sold by
Love Thomas A and Love Joan A
Bought by
Harcore Llc
Seller's Agent
Tim McLaughlin
MONIHAN REALTY
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.20%
Original Mortgage
$464,545
Interest Rate
4.17%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Lisa Ann Roop Living Trust -- None Listed On Document
Lisa Ann Roop Living Trust -- None Listed On Document
Roop Lisa -- None Available
Roop Paul $811,500 None Available
Harcore Llc $210,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harcore Llc $464,545
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2016 02/26/16 Sold $815,000 0.0% --
12/07/2015 12/07/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $815,000 +288.1% --
12/06/2013 12/06/13 Sold $210,000 0.0% -- View Prior Sale
10/09/2013 10/09/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $210,000 -- --
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 $9,395 $837,300 $234,500 $602,800
2024 $9,395 $837,300 $234,500 $602,800
2023 $8,967 $837,300 $234,500 $602,800
2022 $8,616 $837,300 $234,500 $602,800
2021 $8,415 $837,300 $234,500 $602,800
2020 $8,189 $837,300 $234,500 $602,800
2019 $8,097 $837,300 $234,500 $602,800
2018 $8,021 $837,300 $234,500 $602,800
2017 $7,896 $837,300 $234,500 $602,800
2016 $7,594 $837,300 $234,500 $602,800
2015 $7,494 $234,500 $234,500 $0
2014 $2,336 $264,900 $234,500 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 456328

South Jersey Shore Regional MLS

APN: 08-03707-0000-00001