NOT LISTED FOR SALE

407 Dobbs Ave Somers Point, NJ 08244

Estimated Value: $454,000 - $499,000

5 Beds
3 Baths
1,999 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $306,000 $153 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,385/month

19 Days on Market

Highlights

  • Patio
  • Shed
  • Solar Heating System
  • Mainland Regional High School Rated A-
  • Forced Air Zoned Heating and Cooling System
  • Ceiling Fan

About This Home

As of June 2021

Unique 5 bedroom home in Somers Point "The Shore Starts Here!" This home features 3 bedrooms and 2 full bathrooms on the main floor along with a great room off of the large kitchen. There is also a large family room on the main floor and a mud room coming in from the large 1.5 car garage. There are two other bedrooms on second floor including the master suite with a full bathroom. There is also a large shed and a fenced in yard with a patio. House also has recently installed solar panels. Located just over a 1/4 mile from the route 52 (9th St.) Bridge and just over 3 miles to the beach in Ocean City. This is a great home for a year round resident or getaway with plenty of space.

Last Agent to Sell the Property

Thomas Dati

Keller Williams Realty Jersey Shore-Ocean City License #2184856 Listed on: 05/06/2021

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Robert Mika

Compass New Jersey-Ocean City (O463E) License #2078357

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,469

Lot Details

  • Lot Dimensions are 129x75
  • Fenced

Parking

  • 1.5 Car Garage

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Patio
  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,469

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 05/06/2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 3
  • Basement: Outside Entrance

Exterior Features

  • Outside Features: Fenced Yard, Patio, Shed

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 129x75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 30, 2021
Sold by
Li Huan Ping and Lee Henry
Bought by
Libucha Jakub and Libucha Maciej
Seller's Agent
Thomas Dati
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Robert Mika
Compass New Jersey-Ocean City (O463E)
List Price
$324,900
Sold Price
$306,000
Premium/Discount to List
-$18,900
-5.82%
Current Estimated Value
$476,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,477
Avg. Annual Appreciation
11.17%
Original Mortgage
$244,800
Outstanding Balance
$224,376
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$249,566

Purchase Details

Closed on
Dec 6, 2007
Sold by
Li Huan Ping
Bought by
Li Huan Ping and Lee Henry

Purchase Details

Closed on
Nov 1, 2005
Sold by
Lee Elizabeth Y
Bought by
Li Huan Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Andrews Pearl
Bought by
Lee Elizabeth and Lee Wing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1992
Sold by
Doherty James M
Bought by
Andrews Pearl F
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
Libucha Jakub $306,000 Commonwealth Agency Inc
Li Huan Ping -- None Available
Li Huan Ping $234,000 --
Lee Elizabeth $205,000 --
Andrews Pearl F $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Libucha Jakub $244,800
Previous Owner Li Huan Ping $266,400
Previous Owner Li Huan Ping $204,000
Previous Owner Lee Elizabeth $164,000
Previous Owner Andrews Pearl F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $306,000 -5.8% $153 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $324,900 0.0% $163 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $324,900 -- $163 / 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 $9,469 $264,800 $68,300 $196,500
2023 $8,847 $264,800 $68,300 $196,500
2022 $8,847 $264,800 $68,300 $196,500
2021 $8,715 $264,800 $68,300 $196,500
2020 $8,537 $264,800 $68,300 $196,500
2019 $8,296 $264,800 $68,300 $196,500
2018 $8,121 $264,800 $68,300 $196,500
2017 $7,830 $264,800 $68,300 $196,500
2016 $7,475 $264,800 $68,300 $196,500
2015 $7,399 $264,800 $68,300 $196,500
2014 $7,150 $264,800 $68,300 $196,500
Source: Public Records

Agents Affiliated with this Home

  • Thomas Dati

    Seller's Agent in 2021

    Thomas Dati

    Keller Williams Realty Jersey Shore-Ocean City

    (610) 247-1472

    8 in this area

    96 Total Sales

    Section Image
  • Robert Mika

    Buyer's Agent in 2021

    Robert Mika

    Compass New Jersey-Ocean City (O463E)

    (609) 290-0923

    1 in this area

    90 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 550298

South Jersey Shore Regional MLS

APN: 21-01719-0000-00004

New Jersey Atlantic County Somers Point 08244

407 Dobbs Ave, Somers Point, NJ

This home is located at 407 Dobbs Ave, Somers Point, NJ 08244 since 06 May 2021 and is currently estimated at $473,942, approximately $237 per square foot. 407 Dobbs Ave is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

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