NOT LISTED FOR SALE

50 W Laurel Dr Somers Point, NJ 08244

Estimated Value: $257,000 - $296,000

-- Bed
-- Bath
822 Sq Ft
$328/Sq Ft Est. Value

About This Home

This home is located at 50 W Laurel Dr, Somers Point, NJ 08244 and is currently estimated at $269,764, approximately $328 per square foot. 50 W Laurel Dr 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
Nov 7, 2024
Sold by
Banasik Rafal
Bought by
50 W Laurel Dr Llc
Current Estimated Value
$269,764

Purchase Details

Closed on
Jun 20, 2013
Sold by
Banasik Rafal and Majewski Przmyslaw
Bought by
Banasik Rafal

Purchase Details

Closed on
Jul 31, 2006
Sold by
Gilmore Alexander
Bought by
Banasik Rafal and Majewski Przemyslaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,700
Interest Rate
6.7%

Purchase Details

Closed on
Mar 12, 2003
Sold by
Gilmore A David
Bought by
Gilmore Alexander and Gilmore Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
9.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1998
Sold by
Harvey James M and Harvey Denise L
Bought by
Gilmore A David and Gilmore Rosana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,800
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1994
Sold by
Holmstock Samuel
Bought by
Lagg Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.25%

Purchase Details

Closed on
Mar 27, 1993
Sold by
Widmer Kathryn R
Bought by
Lagg Barbara F

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
50 W Laurel Dr Llc -- Madison Title Agency
Banasik Rafal -- None Available
Banasik Rafal $218,500 --
Gilmore Alexander -- --
Gilmore Alexander B -- The Title Company Of Jersey
Gilmore A David $88,000 --
Lagg Barbara $75,500 --
Lagg Barbara F $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banasik Rafal $43,700
Previous Owner Banasik Rafal $174,800
Previous Owner Gilmore Alexander B $200,300
Previous Owner Gilmore Alexander B $164,250
Previous Owner Gilmore Alexander B $131,750
Previous Owner Gilmore A David $81,800
Previous Owner Lagg Barbara $60,000
Source: Public Records

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 $3,830 $107,100 $34,900 $72,200
2023 $3,578 $107,100 $34,900 $72,200
2022 $3,578 $107,100 $34,900 $72,200
2021 $3,525 $107,100 $34,900 $72,200
2020 $3,466 $107,500 $34,900 $72,600
2019 $3,368 $107,500 $34,900 $72,600
2018 $3,297 $107,500 $34,900 $72,600
2017 $3,179 $107,500 $34,900 $72,600
2016 $3,035 $107,500 $34,900 $72,600
2015 $3,004 $107,500 $34,900 $72,600
2014 $3,578 $132,500 $59,900 $72,600
Source: Public Records

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