Francis Jannotta
COASTAL ELITE REALTY
(609) 542-2738
88 Total Sales
2 in Somers Point
$225K - $325K Price Range
508 Rhode Island Ave Somers Point, NJ 08244
Somers Point AreaEstimated Value: $381,000 - $452,000
2
Beds
2
Baths
946
Sq Ft
$432/Sq Ft
Est. Value
Highlights
- Greenhouse
- Living Room with Fireplace
- Main Floor Primary Bedroom
- Deck
- Wood Flooring
- Great Room
About This Home
As of February 2024PROERTY IS UNDER CONTRACT - NO MORE SHOWINGS! MULTIPLE OFFERS WERE RECEIVED! This amazing home at 508 Rhode Island stands out as the ultimate vacation home, offering a unique design that would also be perfect for year-round living. With separate living areas on both floors, it's perfect for downsizing, providing ample storage in the full basement. The first floor's open layout with a kitchen, breakfast bar, and a cozy gas log fireplace creates a welcoming atmosphere. The primary bedroom boasts a full wall of closet space and a conveniently adjacent bathroom. The second floor, accessed through a “hidden” stairwell, transforms into an ideal suite for in-laws, young adults, or a peaceful retreat. Complete with a living/bedroom area, private bath, and spacious walk-in closet, it's versatile for various activities. The bright and dry basement houses the gas heating system, hot water heater, and laundry center. In the warmer months, the landscaped rear yard becomes an entertainment hub with a garden, picnic area, fire pit, and conversational space. Conveniently located near Ocean City beaches and amenities, this home is a SHORE bet!
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Home Details
Home Type
- Single Family
Year Built
- Built in 1932
Lot Details
- Lot Dimensions are 50 x 100
- Fenced
Parking
- 1 Parking Space
Home Design
- Bungalow
- Vinyl Siding
Interior Spaces
- Partially Furnished
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Great Room
- Living Room with Fireplace
- Workshop
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Home Security
- Storm Screens
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Greenhouse
- Shed
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2024
Closed on
Feb 13, 2024
Sold by
Bought by
Seller's Agent
Barb Kyle
BALSLEY/LOSCO
Buyer's Agent
Kimann Calabrese
BHHS FOX and ROACH-Margate
List Price
$335,000
Sold Price
$345,000
Premium/Discount to List
$10,000
2.99%
Views
110
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,541
Avg. Annual Appreciation
7.08%
Purchase Details
Closed on
Nov 29, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
5.36%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jan 16, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Somers Point, NJ
-
Francis Jannotta
-
Robert Barnhardt Jr
Robert Barnhardt Jr
EXP Realty, LLC
(856) 770-2809
187 Total Sales
1 in Somers Point
$295,000 Price
-
Ashley Knecht
Ashley Knecht
Keller Williams Realty - Washington Township
(856) 409-7279
86 Total Sales
1 in Somers Point
$385,000 Price
-
Brian Logue
Brian Logue
BHHS FOX and ROACH-Simpson OC
(609) 849-3477
209 Total Sales
33 in Somers Point
$170K - $599K Price Range
-
Michelle Bachrach
Michelle Bachrach
BHHS Fox & Roach-Margate
(856) 442-4601
60 Total Sales
1 in Somers Point
$445,000 Price
-
Shawn O'Brien
Shawn O'Brien
Responds QuicklyKELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
(640) 900-6145
98 Total Sales
3 in Somers Point
$238K - $365K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $345,000 | Trident Land Transfer | ||
| $140,000 | Surety Title | ||
| -- | First American Title Ins Co | ||
| $115,000 | The Title Company Of Jersey |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $110,000 | ||
| Closed | $137,250 | ||
| Previous Owner | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2024 02/13/24 | Sold | $345,000 | +3.0% | $365 / Sq Ft |
| 01/11/2024 01/11/24 | Pending | -- | -- | -- |
| 01/06/2024 01/06/24 | For Sale | $335,000 | -- | $354 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,375 | $144,400 | $55,000 | $89,400 |
| 2025 | $5,006 | $144,400 | $55,000 | $89,400 |
| 2024 | $5,006 | $140,000 | $55,000 | $85,000 |
| 2023 | $4,677 | $140,000 | $55,000 | $85,000 |
| 2022 | $4,677 | $140,000 | $55,000 | $85,000 |
| 2021 | $4,607 | $140,000 | $55,000 | $85,000 |
| 2020 | $4,514 | $140,000 | $55,000 | $85,000 |
| 2019 | $4,386 | $140,000 | $55,000 | $85,000 |
| 2018 | $4,294 | $140,000 | $55,000 | $85,000 |
| 2017 | $4,140 | $140,000 | $55,000 | $85,000 |
| 2016 | $3,952 | $140,000 | $55,000 | $85,000 |
| 2015 | $3,912 | $140,000 | $55,000 | $85,000 |
| 2014 | $3,780 | $140,000 | $55,000 | $85,000 |
Source: Public Records
Agents Affiliated with this Home
-
Barb Kyle
Seller's Agent in 2024
Barb Kyle
BALSLEY/LOSCO
(609) 226-4188
106 Total Sales
-
Kimann Calabrese
Buyer's Agent in 2024
Kimann Calabrese
BHHS Fox & Roach
(609) 432-2029
21 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 581024
APN: 21-01320-0000-00010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2026 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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