NOT LISTED FOR SALE

4 Malvern Rd Somers Point, NJ 08244

Estimated Value: $470,829 - $532,000

4 Beds
2 Baths
2,063 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $344,000 $167 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,478/month

29 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Porch
  • Mainland Regional High School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of June 2021

Spacious home for sale in Fairways Golf Community. Brand new roof, heater only 2 years old, private master retreat with cathedral ceiling, ensuite bathroom, jetted tub, walk-in closet, kitchen with stainless steel appliances, granite countertops, maple cabinets, built-in microwave, large living room with hardwood floors, large fenced in yard with deck, shed for extra storage, garage. Close proximity to parks, schools, shops and restaurants. Minutes rom Ocean City and easy access to Garden State Parkway. A must see! By appointment only.

Last Listed By

Robin Kennedy

Compass New Jersey-Ocean City License #2079698 Listed on: 03/17/2021

Compass New Jersey-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 80 x 120
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Central Air
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,300

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains
  • Lvt Date: 03/17/2021
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen

Exterior Features

  • Outside Features: Deck, Fenced Yard, Porch, Shed
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Dimensions: 80 X 120
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jun 15, 2021
Sold by
Benz Robert D and Benz Karen
Bought by
Ochlan Kim
Seller's Agent
Robin Kennedy
Compass New Jersey-Ocean City
Buyer's Agent
Stewart Vaughan
Keller Williams Realty Jersey Shore-Ocean City
List Price
$339,000
Sold Price
$344,000
Premium/Discount to List
$5,000
1.47%
Total Days on Market
29
Current Estimated Value
$502,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,457
Avg. Annual Appreciation
7.81%
Original Mortgage
$275,200
Outstanding Balance
$254,521
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$206,291

Purchase Details

Closed on
Oct 20, 2008
Sold by
Benz Robert D
Bought by
Benz Robert D and Benz Karen

Purchase Details

Closed on
Apr 26, 1991
Sold by
Wade Selina M
Bought by
Benz Robert D

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
Ochlan Kim $344,000 Title Company Of Jersey
Benz Robert D -- The Title Company Of Jersey
Benz Robert D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochlan Kim $275,200
Previous Owner Benz Robert $288,000
Previous Owner Benz Karen $50,000
Previous Owner Benz Robert D $195,000
Previous Owner Benz Robert D $164,000
Previous Owner Benz Robert D $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $344,000 +1.5% $167 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $339,000 -- $164 / 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
2024 $8,300 $232,100 $68,600 $163,500
2023 $7,754 $232,100 $68,600 $163,500
2022 $7,754 $232,100 $68,600 $163,500
2021 $7,638 $232,100 $68,600 $163,500
2020 $7,483 $232,100 $68,600 $163,500
2019 $7,272 $232,100 $68,600 $163,500
2018 $7,119 $232,100 $68,600 $163,500
2017 $6,863 $232,100 $68,600 $163,500
2016 $6,552 $232,100 $68,600 $163,500
2015 $6,485 $232,100 $68,600 $163,500
2014 $6,267 $232,100 $68,600 $163,500
Source: Public Records

Agents Affiliated with this Home

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Source: South Jersey Shore Regional MLS

MLS Number: 548371

South Jersey Shore Regional MLS

APN: 21-01937-01-00010