NOT LISTED FOR SALE

431 Sunny Ave Somers Point, NJ 08244

Estimated Value: $304,000 - $453,000

-- Bed
-- Bath
1,650 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $252,000 $153 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,734/month

50 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Enclosed patio or porch
  • Mainland Regional High School Rated A-
  • Great Room
  • Fenced

About This Home

As of February 2023

Corner Duplex that is centrally located in the city of Somers Point. It's minutes from Ocean City and Absecon Island. This two unit building has two bedrooms and one bath per floor with separate entrances and utilities for both units. Nicely sized fenced in yard and large deck on the second floor with nice views, The property is strictly being sold "AS IS " This is a great opportunity for investment or live in one and rent the other unit for income. There is great potential.

Last Listed By

JACK ZABOROWSKI

eXp Realty - Ocean City S382K License #0338769 Listed on: 12/08/2022

eXp Realty - Ocean City S382K

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,563

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 50 x 90
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Asbestos Siding

Interior Spaces

  • Great Room
  • Unfinished Basement
  • Exterior Basement Entry
  • Storm Screens

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,563

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 01/25/2023
  • Year Built: 1928
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: 6 Ft. Or More Head Room, Outside Entrance, Unfinished
  • Other Rooms: Great Room, Kitchen

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Needs Work, Porch-Enclosed
  • Siding Exterior: Asbestos, Masonry/Block
  • Storm Screens: Combination

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Corner
  • Lot Dimensions: 50 x 90

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Feb 16, 2023
Sold by
Dolores M Kershaw Family Trust
Bought by
Equity Trust Co and Cynthia Marie Purcell Ira
Seller's Agent
JACK ZABOROWSKI
eXp Realty - Ocean City S382K
Buyer's Agent
WILLIAM MACK, JR.
BHHS FOX and ROACH-109 34th OC
List Price
$199,000
Sold Price
$252,000
Premium/Discount to List
$53,000
26.63%
Total Days on Market
50
Views
22
Current Estimated Value
$377,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,751
Avg. Annual Appreciation
20.20%

Purchase Details

Closed on
Jan 1, 2005
Sold by
Kershaw Lee T and Kershaw Katherine A
Bought by
Kershaw Lee T and Kershaw Katherine A

Purchase Details

Closed on
Dec 10, 1998
Sold by
Kershaw Lee T and Totoro Karen A
Bought by
Kershaw Lee T and Kershaw Katherine A

Purchase Details

Closed on
Aug 13, 1990
Sold by
Brady Gertrude M and Brady Fries,Harriet
Bought by
Kershaw Lee T and Kershaw Karen A

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
Equity Trust Co $252,500 --
Kershaw Lee T -- --
Kershaw Lee T -- --
Kershaw Lee T $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $252,000 +26.6% $153 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $199,000 -- $121 / 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 $7,563 $211,500 $76,600 $134,900
2023 $7,066 $211,500 $76,600 $134,900
2022 $7,066 $211,500 $76,600 $134,900
2021 $6,960 $211,500 $76,600 $134,900
2020 $6,819 $211,500 $76,600 $134,900
2019 $6,626 $211,500 $76,600 $134,900
2018 $6,487 $211,500 $76,600 $134,900
2017 $6,254 $211,500 $76,600 $134,900
2016 $5,971 $211,500 $76,600 $134,900
2015 $5,909 $211,500 $76,600 $134,900
2014 $5,711 $211,500 $76,600 $134,900
Source: Public Records

Agents Affiliated with this Home

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Source: South Jersey Shore Regional MLS

MLS Number: 570518

South Jersey Shore Regional MLS

APN: 21-00911-0000-00012