NOT LISTED FOR SALE

55 Broadway Somers Point, NJ 08244

Estimated Value: $937,978 - $1,286,000

4 Beds
3 Baths
-- Sq Ft
0.46 Acres

Last Sold October 20, 2014

Last sale price $560,000

Est. 88% increase in value since last sale

Current estimated payment $7,079/month

92 Days on Market

Highlights

  • River Front
  • Deck
  • Great Room
  • Mainland Regional High School Rated A-
  • Marble Flooring
  • 5-minute walk to John F Kennedy Park

About This Home

As of October 2014

This big, light-filled, custom home offers 4 bedrooms, 3 full baths with water views from EVERY room. New kitchen, new baths and new two-zone heat and air conditioning make it a spectacular spot for summer entertaining and a year round oasis for your family. Magnificent sunsets from the porch and decks, an outdoor kitchen, flowing floor plan and large rooms make this home one-of-a-kind. Oversize 2 car garage and basement for storage. Located on Broadway, Somers Point's finest location.

Last Agent to Sell the Property

Thomas Kimble

BALSLEY/LOSCO Listed on: 05/06/2014

BALSLEY/LOSCO

Last Buyer's Agent

Thomas Kimble

BALSLEY/LOSCO Listed on: 05/06/2014

BALSLEY/LOSCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,105

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 100 x 200
  • River Front
  • Sprinkler System

Home Design

  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Bar
  • Insulated Windows
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Room
  • Library
  • Screened Porch
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,105

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 21 To 25 Years
  • Also Includes: Blinds, Curtains, Drapes, Shades
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Dryer, Refrigerator, Washer
  • Flooring: Hardwood, Marble, Tile, W/W Carpet
  • Interior Amenities: Bar, Kitchen Center Island, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Lower
  • Basement: Partial, Unfinished
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room, In-Law Quarters, Library/Study

Exterior Features

  • Outside Features: Deck, Patio, Porch Screened, Sprinkler System
  • Siding Exterior: Cedar, Wood
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Location: River Front
  • Lot Dimensions: 100 x 200
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2014
Closed on
Oct 20, 2014
Sold by
Burger Paul W and Burger Barbara E
Bought by
Robb Marianne and Tendler Paul
Seller's Agent
Thomas Kimble
BALSLEY/LOSCO
Buyer's Agent
Thomas Kimble
BALSLEY/LOSCO
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$1,054,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,745
Avg. Annual Appreciation
6.19%
Original Mortgage
$448,000
Outstanding Balance
$344,445
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$735,526

Purchase Details

Closed on
May 28, 2004
Sold by
Geesey William and White Geesey Dorothy
Bought by
Burger Paul W and Burger Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 13, 2002
Sold by
Hutchinson Edward T and Hutchinson Kathleen E
Bought by
Geesey William and White Geesey Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.5%

Purchase Details

Closed on
Dec 21, 2000
Sold by
Schaffhauser Robert E
Bought by
Hutchinson Edward T and Hutchinson Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1991
Sold by
Schaffhauser Robert E
Bought by
Schaffhauser Robert E

Purchase Details

Closed on
Aug 10, 1989
Sold by
Mcbride Michael J
Bought by
Schaffhauser Robert E and Schaffhauser Kathleen

Purchase Details

Closed on
Sep 26, 1988
Sold by
Toland Hugh C
Bought by
Mcbride Michael J
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
Robb Marianne $560,000 Surety Title
Burger Paul W $635,000 The Title Company Of Jersey
Geesey William $475,000 The Title Company Of Jersey
Hutchinson Edward T $385,000 --
Schaffhauser Robert E -- --
Schaffhauser Robert E $339,000 --
Mcbride Michael J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robb Marianne $448,000
Previous Owner Burger Paul W $220,000
Previous Owner Burger Paul $236,000
Previous Owner Burger Paul $40,000
Previous Owner Burger Paul W $200,000
Previous Owner Geesey William $300,000
Previous Owner Geesey William $200,000
Previous Owner Hutchinson Edward T $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2014 10/20/14 Sold $560,000 0.0% --
08/06/2014 08/06/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $560,000 -- --
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 $18,105 $506,300 $102,700 $403,600
2024 $18,105 $506,300 $102,700 $403,600
2023 $16,915 $506,300 $102,700 $403,600
2022 $16,915 $506,300 $102,700 $403,600
2021 $16,662 $506,300 $102,700 $403,600
2020 $16,323 $506,300 $102,700 $403,600
2019 $15,862 $506,300 $102,700 $403,600
2018 $15,528 $506,300 $102,700 $403,600
2017 $14,971 $506,300 $102,700 $403,600
2016 $14,293 $506,300 $102,700 $403,600
2015 $14,146 $506,300 $102,700 $403,600
2014 $13,670 $506,300 $102,700 $403,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 428755

South Jersey Shore Regional MLS

APN: 21-02014-0000-00002