$85,000
SOLD JAN 18, 2017

419 Bay Ave Somers Point, NJ 08244

1 Acre
$85,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

187 Days on Market

Highlights

  • Water Views
  • Mainland Regional High School Rated A-
  • 1 Acre Lot

About This Lot

As of April 2018

Build your dream home on this large 60 x 150' lot across from the meadow and Great Egg Harbor Bay with panoramic views. 30% lot coverage includes a maximum height of 35 feet, 20' front yard setback, 35' rear yard setback, 10' side yard setbacks on each side.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 04/07/2016

Last Buyer's Agent

FRANKLIN LAVERDE SR.

Soleil Sotheby's International Realty - A License #0902907

Soleil Sotheby's International Realty - A

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,214

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 60 x 150
  • Property fronts a private road

Property Views

  • Water Views

Property Details

Property Type

Land

Est. Annual Taxes

$11,214

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 04/07/2016
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Private Road

Lot Info

  • Location: Water View
  • Lot Dimensions: 60 X 150
  • Number Of Acres: 1
  • Improvements: Sidewalks
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2018
Closed on
Apr 25, 2018
Sold by
Sembollo Anthony J
Bought by
Yoshua Wirth Kathryn A and Yoshua Kushikatah
Seller's Agent
Kathleen Federico
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Barbara Jeffries
BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing
List Price
$307,000
Sold Price
$252,500
Premium/Discount to List
-$54,500
-17.75%
Current Estimated Value
$728,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,536
Avg. Annual Appreciation
15.62%
Original Mortgage
$365,620
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jan 18, 2017
Sold by
Sembello Anthony J
Bought by
Sembello Anthony J
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
FRANKLIN LAVERDE SR.
Soleil Sotheby's International Realty - A
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.68%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 30, 2015
Sold by
Tuckerton Mortgage Investors Llc
Bought by
Sembello Anthony J
Seller's Agent
Debra Lafferty
COLLINI REAL ESTATE, LLC
Buyer's Agent
Kathryn Richards
COLLINI REAL ESTATE, LLC
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.14%

Purchase Details

Closed on
May 8, 2015
Sold by
Vaccaro Guido
Bought by
Tuckerton Mortgage Investors Llc

Purchase Details

Closed on
Sep 23, 2014
Sold by
Demay Paul and State Of New Jersey
Bought by
Tuckerton Mortgage Investors Llc

Purchase Details

Closed on
Nov 29, 1996
Sold by
Styer H Bradley
Bought by
Demay Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,600
Interest Rate
7.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 1996
Sold by
Styer Harry J and Styer Elaine
Bought by
Styer Harry Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,889
Interest Rate
7.1%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Deed $252,500 Atlantic Shore Title Llc
Interfamily Deed Transfer -- None Available
Deed $220,000 The Title Co Of Jersey
Warranty Deed -- None Available
Sheriffs Deed -- None Available
Deed $240,000 The Title Company
Interfamily Deed Transfer $151,000 Liberty Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Open $384,000 New Conventional
Closed $360,500 New Conventional
Closed $365,620 New Conventional
Previous Owner $330,000 Balloon
Previous Owner $168,600 Balloon
Previous Owner $121,889 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $252,500 -17.8% --
01/20/2018 01/20/18 For Sale $307,000 +261.2% --
01/18/2017 01/18/17 Sold $85,000 0.0% --
10/11/2016 10/11/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $85,000 -61.4% --
10/30/2015 10/30/15 Sold $220,000 0.0% --
09/22/2015 09/22/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $220,000 -- --
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 $11,214 $313,600 $113,300 $200,300
2024 $11,214 $313,600 $113,300 $200,300
2023 $10,477 $313,600 $113,300 $200,300
2022 $10,477 $313,600 $113,300 $200,300
2021 $10,321 $313,600 $113,300 $200,300
2020 $10,110 $313,600 $113,300 $200,300
2019 $9,825 $313,600 $113,300 $200,300
2018 $9,618 $313,600 $113,300 $200,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kathleen Federico

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 703-4024

    7 Total Sales

    Kathleen Federico
    Section Image
  • Barbara Jeffries

    Buyer's Agent in 2018

    Barbara Jeffries

    BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing

    (609) 457-7582

    9 in this area

    75 Total Sales

    Barbara Jeffries
    Section Image
  • Jeff Quintin

    Seller's Agent in 2017

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    48 in this area

    522 Total Sales

    Jeff Quintin
    Section Image
  • Debra Lafferty

    Seller's Agent in 2015

    Debra Lafferty

    COLLINI REAL ESTATE, LLC

    (609) 287-4874

    1 in this area

    112 Total Sales

    Debra Lafferty
    Section Image

  • K

    Buyer's Agent in 2015

    Kathryn Richards

    COLLINI REAL ESTATE, LLC

    (609) 926-1830

    3 in this area

    18 Total Sales

    Kathryn Richards
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 465908

South Jersey Shore Regional MLS

APN: 21-00810-0000-00014-01

New Jersey Atlantic County Somers Point 08244

419 Bay Ave, Somers Point, NJ

This home is located at 419 Bay Ave, Somers Point, NJ 08244 and is currently priced at $85,000. 419 Bay 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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