NOT LISTED FOR SALE

502 W New York Ave Somers Point, NJ 08244

Estimated Value: $318,000 - $338,000

3 Beds
1 Bath
-- Sq Ft
0.3 Acres

Last Sold May 04, 2018

Last sale price $145,000

Est. 128% increase in value since last sale

Current estimated payment $2,195/month

17 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Eat-In Kitchen
  • Mainland Regional High School Rated A-
  • Corner Lot
  • Laundry Room

About This Home

As of May 2018

LOCATION, LOCATION, LOCATION!!! Affordable home purchase opportunity priced to sell! This three bedroom ranch style single family home sits on a HUGE CORNER LOT located in a popular Somers Point neighborhood. Property features include 3 bedrooms, one bath, living room, kitchen, gas heat, central air, partial basement, attic, vinyl siding, and off street parking. A huge 100 x 130 lot offers the possibility of adding a garage, a home addition, or even a pool! This home is within a short walking distance to many Somers Point Bay Area attractions, hospital, churches, schools, restaurants, shopping and more. Ocean City's fabulous Beaches and Boardwalk are only a short drive or bike ride away. Access to the Garden State Parkway is easy and convenient. Make an appointment to visit 502 W. New York Avenue TODAY!

Last Agent to Sell the Property

LORI BRADLEY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 02/23/2018

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

LINDA HINCHMAN

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,418

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 100 x 130
  • Corner Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Storage
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wood Under Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,418

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Also Includes: Blinds
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Over Hardwood, Laminate Flooring
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: 6 Ft. Or More Head Room, Outside Entrance, Partial, Plumbing, Unfinished
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Paved Road, Shed, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner
  • Lot Dimensions: 100 x 130
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
May 4, 2018
Sold by
Kearsley Janice M
Bought by
Lyons Jane Marie and Cillarone Donna M
Seller's Agent
LORI BRADLEY
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$158,000
Sold Price
$145,000
Premium/Discount to List
-$13,000
-8.23%
Current Estimated Value
$330,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,021
Avg. Annual Appreciation
11.49%
Original Mortgage
$116,000
Outstanding Balance
$99,880
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$230,141

Purchase Details

Closed on
Jun 23, 1979
Bought by
Kearsley Janice M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lyons Jane Marie $145,000 None Available
Kearsley Janice M $1,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Jane Marie $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $145,000 -8.2% --
03/12/2018 03/12/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $158,000 -- --
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
2025 $5,418 $151,500 $71,200 $80,300
2024 $5,418 $151,500 $71,200 $80,300
2023 $5,062 $151,500 $71,200 $80,300
2022 $5,062 $151,500 $71,200 $80,300
2021 $4,986 $151,500 $71,200 $80,300
2020 $4,884 $151,500 $71,200 $80,300
2019 $4,747 $151,500 $71,200 $80,300
2018 $4,647 $151,500 $71,200 $80,300
2017 $4,480 $151,500 $71,200 $80,300
2016 $4,277 $151,500 $71,200 $80,300
2015 $4,233 $151,500 $71,200 $80,300
2014 $4,091 $151,500 $71,200 $80,300
Source: Public Records

Agents Affiliated with this Home

  • LORI BRADLEY

    Seller's Agent in 2018

    LORI BRADLEY

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 287-1170

    4 in this area

    28 Total Sales

    LORI BRADLEY
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    LINDA HINCHMAN

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 214-4174

    4 in this area

    28 Total Sales

    LINDA HINCHMAN
    Section Image

  • A

    Buyer's Agent in 2018

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 501397

South Jersey Shore Regional MLS

APN: 21-01520-0000-00009

New Jersey Atlantic County Somers Point 08244

502 W New York Ave, Somers Point, NJ

Not Listed for Sale

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