425 7th St Somers Point, NJ 08244
Estimated Value: $301,000 - $340,000
2
Beds
1
Bath
864
Sq Ft
$367/Sq Ft
Est. Value
About This Home
This home is located at 425 7th St, Somers Point, NJ 08244 and is currently estimated at $317,259, approximately $367 per square foot. 425 7th St 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2023
Sold by
Corsons Inlet Properties Llc
Bought by
Deren Edward L and Deren Nancy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$161,629
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$171,890
Purchase Details
Closed on
Dec 7, 2015
Sold by
Riordan Brian W and Riordan Amy T
Bought by
Corsons Inlet Properties Limited
Purchase Details
Closed on
Apr 12, 2012
Sold by
Karrer Terry L and Benjamin Terry L
Bought by
Riordan Brian W
Purchase Details
Closed on
Feb 24, 1997
Sold by
Karrer Charles M
Bought by
Karrer Terry L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deren Edward L | $275,000 | Shore Title | |
| Corsons Inlet Properties Limited | -- | Attorney | |
| Karrer Terry L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deren Edward L | $165,000 |
Source: Public Records
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 | $4,395 | $122,900 | $64,400 | $58,500 |
| 2023 | $4,106 | $122,900 | $64,400 | $58,500 |
| 2022 | $4,106 | $122,900 | $64,400 | $58,500 |
| 2021 | $4,045 | $122,900 | $64,400 | $58,500 |
| 2020 | $3,962 | $122,900 | $64,400 | $58,500 |
| 2019 | $3,850 | $122,900 | $64,400 | $58,500 |
| 2018 | $3,769 | $122,900 | $64,400 | $58,500 |
| 2017 | $3,634 | $122,900 | $64,400 | $58,500 |
| 2016 | $3,469 | $122,900 | $64,400 | $58,500 |
| 2015 | $3,434 | $122,900 | $64,400 | $58,500 |
| 2014 | $3,318 | $122,900 | $64,400 | $58,500 |
Source: Public Records
Map
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