NOT LISTED FOR SALE

5 Landing Ln Somers Point, NJ 08244

Estimated Value: $1,763,000 - $2,326,000

5 Beds
4.5 Baths
2,449 Sq Ft
$810/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $1,700,000 $694 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $14,255/month

2 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Spa
  • Contemporary Architecture
  • Mainland Regional High School Rated A-
  • Deck
  • 2-minute walk to John F Kennedy Park

About This Home

As of February 2022

LOCATION, LOCATION! Absolutely beautiful single family Bayfront Home features 5-Bedrooms (2) Master Suites complete with en suite baths, 4.5 Bathrooms total. Generous and spacious open floor plan with unparalleled Bay views. Large Open Foyer leads to a gourmet eat-in-kitchen with custom cabinetry, granite counter tops, breakfast bar, stainless steel appliances, built in wine coolers custom hardwood floors, dining room, family room with vaulted ceilings, gas fireplace. Located directly off Kitchen, access from family room, dining room to a large covered Bayfront Covered Porch, with access to larger back deck and 80' dock with Riparian Grant. Two Boat Lifts, 2-Jet Ski Lifts and electric ramp. Main level also offers a powder room, office, 2-bedrooms, 2-baths. Step up to second floor with 9' ceilings, to be greeted by 2-bedrooms, hall bath, laundry, enormous Master Suite with Sitting area, private deck, with breathtaking views, His and Her Closets. Open Master Bath with whirlpool tub double vanities, tiled shower, marble floor. Bonus Room off Master bath currently used as a gym. Enjoy both sunrise and sunset relaxing entertaining, fishing and water sports from this perfect home on the open Bay. Enjoy Surround Sound, New Custom Interior Paint (2021), Exterior with Conflex XL Waterproofing System to all Stucco (2021). Security System, Custom Christmas Lights, Access to 1/4 storage basement and 3-1/4' concrete crawl space. Generac Generator. This home is a MUST SEE!

Last Agent to Sell the Property

Yvonne Burns

LONG and FOSTER REAL ESTATE INC-Longport License #9700372 Listed on: 10/24/2021

Last Buyer's Agent

Lisa Alper-Russo

PLATINUM REAL ESTATE License #SP-8437430

PLATINUM REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,388

Lot Details

  • Lot Dimensions are 70x146
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Siding
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • Gas Log Fireplace
  • Shades
  • Blinds
  • Great Room
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Loft
  • Workshop
  • Storage
  • Water Views
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Outdoor Shower
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,388

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Also Includes: Blinds, Shades
  • Lvt Date: 10/24/2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Bedroom 1: Size: 17x12, On Level: Main
  • Bedroom 2: Size: 15x15, On Level: Main
  • Bedroom 3: Size: 12x10, On Level: Upper
  • Bedroom 4: Size: 14x10, On Level: Upper
  • Bedroom 5: Size: 28x39, On Level: Upper
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Upper
  • Basement: Outside Entrance, Partial
  • Dining Room: Size: 20x14, On Level: Main
  • Family Room: Size: 12x10, On Level: Main
  • Kitchen: Size: 16x14, On Level: Main
  • Living Room: Size: 20x22, On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Library/Study, Loft, Pantry, Recreation/Family, Storage Attic, Workshop, Master Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Outside Shower, Patio, Porch, Whirlpool/Spa
  • Siding Exterior: Concrete, Stone, Stucco
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas, Tankless-Electric

Lot Info

  • Location: Bay Front, Bulkheaded, Cul-De-Sac, Docks, Water View
  • Lot Dimensions: 70x146
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Feb 4, 2022
Sold by
Ferreri Francesco P
Bought by
Wiesel Peter E and Wiesel Carrie J
Seller's Agent
Yvonne Burns
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
Lisa Alper-Russo
PLATINUM REAL ESTATE
List Price
$1,875,000
Sold Price
$1,700,000
Premium/Discount to List
-$175,000
-9.33%
Current Estimated Value
$1,984,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,656
Avg. Annual Appreciation
1.19%
Original Mortgage
$1,190,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2020
Sold by
Burns Yvonne C
Bought by
Ferreri Francesco P and Ferreri Stacy Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2008
Sold by
Massey Gary R and Massey Renee E
Bought by
Burns Robert E and Burns Yvonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2000
Sold by
Kramer Simon
Bought by
Massey Gary R and Massey Renee E
Source: Public Records

Range of Values:

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Average Value
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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
Wiesel Peter E $1,700,000 Surety Title
Ferreri Francesco P $650,000 Historic Abstract
Burns Robert E $1,125,000 The Title Company Of Jersey
Massey Gary R $451,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiesel Peter E $1,190,000
Previous Owner Ferreri Francesco P $160,000
Previous Owner Burns Robert E $843,750
Previous Owner Massey Gary R $520,000
Previous Owner Massey Renee E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $1,700,000 -9.3% $694 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $1,875,000 -- $766 / 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 $38,388 $1,073,500 $383,800 $689,700
2023 $35,866 $1,073,500 $383,800 $689,700
2022 $35,866 $1,073,500 $383,800 $689,700
2021 $35,329 $1,073,500 $383,800 $689,700
2020 $34,610 $1,073,500 $383,800 $689,700
2019 $33,633 $1,073,500 $383,800 $689,700
2018 $32,924 $1,073,500 $383,800 $689,700
2017 $37,513 $1,268,600 $533,800 $734,800
2016 $35,813 $1,268,600 $533,800 $734,800
2015 $37,694 $1,349,100 $533,800 $815,300
2014 $36,426 $1,349,100 $533,800 $815,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556824

South Jersey Shore Regional MLS

APN: 21-02012-0000-00009-09