Seller's Agent in 2020
Kayla Noll
Compass New Jersey-Ocean City
(732) 735-1918
120 Total Sales
42 Gibbs Ave Somers Point, NJ 08244
Somers Point Historic District NeighborhoodEstimated Value: $425,629 - $524,000
2
Beds
1
Bath
--
Sq Ft
4,008
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Cottage
- Mainland Regional High School Rated A-
- Loft
- Enclosed patio or porch
About This Home
As of December 2020**DRIVEWAY BEING PUT IN**Location and charm make this your perfect coastal cottage by the sea! Only steps away from the bay on one of the most desirable streets in Somers Point. This home has been meticulously maintained and cared for. Full renovations throughout while still keeping it's original character! Walking distance to dining & entertainment, and a quick drive to OC, Margate & Longport Beaches. This home features a converted front porch which is currently used as an office, and a massive walk up attic/loft, and basement. Both which can be converted into additional living space. All new since 2017: new electric paneling and wiring, new 40 gallon water heater, ceiling fans, paint, deck, new hvac, refinished original hardwood floors throughout, new bathroom, all new exterior french doors, windows, & new exterior soffits, gutters, and downspouts. Brand new kitchen in 2020, and new storage shed.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,859
Year Built
- 1930
Lot Details
- Lot Dimensions are 40 x 100
Parking
- 3 Parking Spaces
Home Design
- Cottage
Interior Spaces
- Ceiling Fan
- Loft
- Wood Flooring
- Storage In Attic
- Unfinished Basement
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Enclosed patio or porch
- Shed
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2020
Closed on
Dec 8, 2020
Sold by
Lawler Elizabeth
Bought by
Avram Joel D and Avram Rosa Giselle
Seller's Agent
Kayla Noll
Compass New Jersey-Ocean City
Buyer's Agent
JOANNE BERNARDINI, SFR
BHHS FOX and ROACH-Northfield
List Price
$349,999
Sold Price
$299,999
Premium/Discount to List
-$50,000
-14.29%
Total Days on Market
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,658
Avg. Annual Appreciation
11.81%
Original Mortgage
$220,000
Outstanding Balance
$200,184
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$290,619
Purchase Details
Closed on
Jun 29, 2017
Sold by
Wilmington Savings Fund Society
Bought by
Lawler Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,575
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2015
Sold by
Adams Barbara A and Adams Mr
Bought by
Wilmington Savings Fund Society and Stanwich Mortgage Loan Turst
Purchase Details
Closed on
Jan 23, 2002
Sold by
Adams William and Skelly Elizabeth S
Bought by
Adams Barbara A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
8.99%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 20, 1998
Sold by
Skelly Elizabeth and Adams Barbara A
Bought by
Adams Barbara A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Avram Joel D | $299,999 | Title Company Of Jersey | |
| Lawler Elizabeth | $118,500 | Surety Title Co | |
| Wilmington Savings Fund Society | $1,000 | None Available | |
| Adams Barbara A | -- | -- | |
| Adams Barbara A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Avram Joel D | $220,000 | |
| Previous Owner | Lawler Elizabeth | $450,000 | |
| Previous Owner | Lawler Elizabeth | $133,000 | |
| Previous Owner | Lawler Elizabeth | $112,575 | |
| Previous Owner | Adams Barbara A | $236,975 | |
| Previous Owner | Adams Barbara A | $25,150 | |
| Previous Owner | Adams Barbara | $181,300 | |
| Previous Owner | Adams Barbara | $25,509 | |
| Previous Owner | Adams Barbara | $91,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2020 12/09/20 | Sold | $299,999 | 0.0% | -- |
| 10/26/2020 10/26/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | Price Changed | $299,999 | -14.3% | -- |
| 09/21/2020 09/21/20 | For Sale | $349,999 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $6,859 | $191,800 | $79,000 | $112,800 |
| 2023 | $6,408 | $191,800 | $79,000 | $112,800 |
| 2022 | $6,408 | $191,800 | $79,000 | $112,800 |
| 2021 | $6,312 | $191,800 | $79,000 | $112,800 |
| 2020 | $6,184 | $191,800 | $79,000 | $112,800 |
| 2019 | $6,009 | $191,800 | $79,000 | $112,800 |
| 2018 | $4,950 | $161,400 | $79,000 | $82,400 |
| 2017 | $4,784 | $161,800 | $79,000 | $82,800 |
| 2016 | $4,568 | $161,800 | $79,000 | $82,800 |
| 2015 | $4,521 | $161,800 | $79,000 | $82,800 |
| 2014 | $4,369 | $161,800 | $79,000 | $82,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kayla Noll
-
Eric Booth
Seller Co-Listing Agent in 2020
Eric Booth
Compass New Jersey-Ocean City
(609) 602-2303
142 Total Sales
-
JOANNE BERNARDINI, SFR
Buyer's Agent in 2020
JOANNE BERNARDINI, SFR
BHHS Fox & Roach
(609) 947-2451
3 Total Sales
Map
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Source: South Jersey Shore Regional MLS
MLS Number: 542419
APN: 21-01513-0000-00024
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