NOT LISTED FOR SALE

34 W Wilmont Ave Somers Point, NJ 08244

Estimated Value: $282,000 - $394,000

3 Beds
1 Bath
-- Sq Ft
1.63 Acres

Last Sold May 31, 2017

Last sale price $85,005

Est. 311% increase in value since last sale

Current estimated payment $2,407/month

11 Days on Market

Highlights

  • Fenced Yard
  • Living Room
  • Dining Area
  • Mainland Regional High School Rated A-
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2017

This property qualifies for the FIRST LOOK INITIATIVE through 04/23/2017. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot and structure. ****Please see associated docs for contract packet. Please follow the directions and complete the entire packet per highlighted marks, as incomplete contracts will be rejected. ****

Last Listed By

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 04/01/2017

COASTAL ELITE REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1952

Lot Details

  • Lot Dimensions are 71x153
  • Fenced Yard

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 2 / 312

Home Details

Home Type

Single Family

Year Built

1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 17-Out Of County
  • New Construction: No
  • Second Address Number: 34
  • Lot Size2: 71x153
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built (Public Record): 1952

Interior Features

  • Appliances Included: Range
  • Interior Amenities: Wall to Wall Carpet, Fireplace- Wood
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Other Rooms: Living Room, Kitchen, Dining Area

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Frontage: 71
  • Outside Features: Fenced Yard

Utilities

  • Heating: Gas Natural, Forced Air
  • Sewer: Public
  • Water: City

Lot Info

  • Lot Number: 2
  • Lot Size: 1/4 to 1 Acre
  • Total Assessment: 171000

Tax Info

  • Taxes: 4797
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Phillips Patricia L and Phillips Peter Todd
Bought by
Phillips Sean Patrick
Total Days on Market
11
Current Estimated Value
$349,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Outstanding Balance
$66,932
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$248,771

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 31, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Phillips Sean Patrick and Phillips Patricia L
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$84,900
Sold Price
$85,005
Premium/Discount to List
$105
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%
Original Mortgage
$82,167
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2016
Sold by
Balles Sheriff Frank X
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 6, 2006
Sold by
Leonetti Jeannie
Bought by
Leonetti Jeannie and Monzo Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.28%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Leonetti Louis and Leonetti Jeannie
Bought by
Leonetti Jeannie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,834
Interest Rate
7.73%

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
Phillips Sean Patrick -- Infinity Title Agency
Phillips Sean Patrick $85,005 Infinity Title Agency
Federal Home Loan Mortgage Corp $1,000 --
Leonetti Jeannie -- --
Leonetti Jeannie -- The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Sean Patrick $86,200
Closed Phillips Sean Patrick $82,167
Previous Owner Monzo Marie $26,500
Previous Owner Leonetti Jeannie $197,000
Previous Owner Leonetti Jeannie $75,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $85,005 +0.1% --
05/01/2017 05/01/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $84,900 -- --
Source: Cape May County Association of REALTORS®

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 $5,639 $157,700 $68,200 $89,500
2023 $5,269 $157,700 $68,200 $89,500
2022 $5,269 $157,700 $68,200 $89,500
2021 $5,190 $157,700 $68,200 $89,500
2020 $5,084 $157,700 $68,200 $89,500
2019 $4,941 $157,700 $68,200 $89,500
2018 $5,266 $171,700 $68,200 $103,500
2017 $5,077 $171,700 $68,200 $103,500
2016 $4,847 $171,700 $68,200 $103,500
2015 $4,797 $171,700 $68,200 $103,500
2014 $4,636 $171,700 $68,200 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175505

Cape May County Association of REALTORS®

APN: 21-00312-0000-00002