NOT LISTED FOR SALE

5379 Mays Landing-Somers Point Rd Mays Landing, NJ 08330

Mays Landing Neighborhood

Estimated Value: $491,069 - $614,000

3 Beds
3 Baths
1,860 Sq Ft
$293/Sq Ft Est. Value

About This Home

This home is located at 5379 Mays Landing-Somers Point Rd, Mays Landing, NJ 08330 and is currently estimated at $545,017, approximately $293 per square foot. 5379 Mays Landing-Somers Point Rd is a home located in Atlantic County with nearby schools including Joseph Shaner School, George L. Hess Educational Complex, and William Davies Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Brown Richard W and Brown Alyssa L
Bought by
Smith Kelcey L and Smith Corynn
Current Estimated Value
$545,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,856
Outstanding Balance
$340,501
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$204,516

Purchase Details

Closed on
Jun 30, 2017
Sold by
Palermo David E and Gilly Darlene
Bought by
Brown Richard Walter and Brown Alyssa Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Feb 12, 2008
Sold by
Palermo David E
Bought by
Palermo David E and Gilly Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,898
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2007
Sold by
Jackson Michele L
Bought by
Palermo David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2006
Sold by
Cj Financial Associates Ltd
Bought by
Michele Jackson

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
Smith Kelcey L $359,900 Surety Title Company
Brown Richard Walter $279,000 Landis Title Corp
Palermo David E -- None Available
Palermo David E -- Commonwealth Land Title Insu
Michele Jackson $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kelcey L $372,856
Previous Owner Brown Richard Walter $324,861
Previous Owner Brown Richard Walter $324,861
Previous Owner Brown Richard Walter $322,000
Previous Owner Brown Richard Walter $279,000
Previous Owner Gilly Darlene M $240,000
Previous Owner Palermo David E $135,898
Previous Owner Palermo David E $125,000
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 $10,454 $304,700 $54,500 $250,200
2023 $9,830 $304,700 $54,500 $250,200
2022 $9,830 $304,700 $54,500 $250,200
2021 $9,438 $293,200 $54,500 $238,700
2020 $9,438 $293,200 $54,500 $238,700
2019 $9,462 $293,200 $54,500 $238,700
2018 $9,130 $293,200 $54,500 $238,700
2017 $8,987 $293,200 $54,500 $238,700
2016 $8,734 $293,200 $54,500 $238,700
2015 $8,438 $293,200 $54,500 $238,700
2014 $8,399 $319,700 $68,100 $251,600
Source: Public Records

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