NOT LISTED FOR SALE

591 Marks Rd Somers Point, NJ 08244

Estimated Value: $251,000 - $427,000

1 Bed
1 Bath
-- Sq Ft
2,570 Sq Ft Lot

Last Sold May 26, 2020

Last sale price $92,000

Est. 261% increase in value since last sale

Current estimated payment $2,199/month

482 Days on Market

Highlights

  • Ranch Style House
  • Central Air
  • Baseboard Heating
  • Mainland Regional High School Rated A-

About This Home

As of May 2020

Bank has responded and interior BPO done. Awaiting a new buyer. Last deal fell through due to timing issue. Close to shore points, this home has much potential. Solid home with a cute front porch. Basement has plenty of storage. HVAC system is roughly 2yrs. old. Water heater is 3 yrs. old. Two sheds located on side of home included. Close to ball fields. Perfect for someone who is looking to retire or a starter home for those who like to be close to the beaches. This home is a Shortsale being delegated by an experienced attorney. The Time is now for the perfect opportunity. Right side driveway is owned by neighbor. See survey attached in associated docs.

Last Agent to Sell the Property

Patricia Chiu

BALSLEY/LOSCO Listed on: 09/06/2018

BALSLEY/LOSCO

Last Buyer's Agent

Joseph Orazi

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,328

Lot Details

  • 2,570

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Attic

  • Storage In Attic

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Stove
  • Partial Basement
  • Lot Dimensions are 49x52

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,328

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 09/06/2018
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Stove
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Basement: Partial, Unfinished
  • Other Rooms: Storage Attic

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard, Gas-Natural, Hot Water, Radiator
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 49x52
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
May 26, 2020
Sold by
Sannino Robert
Bought by
Deputter John J
Seller's Agent
Patricia Chiu
BALSLEY/LOSCO
Buyer's Agent
Joseph Orazi
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$159,000
Sold Price
$92,000
Premium/Discount to List
-$67,000
-42.14%
Current Estimated Value
$332,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,458
Avg. Annual Appreciation
22.86%
Original Mortgage
$73,600
Outstanding Balance
$66,070
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$209,535

Purchase Details

Closed on
May 25, 1988
Bought by
Sannino Robert
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
Deputter John J $92,000 Agents Title Llc
Sannino Robert $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deputter John J $73,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $92,000 +4.5% --
09/20/2019 09/20/19 Price Changed $88,000 -10.2% --
09/03/2019 09/03/19 Price Changed $98,000 -9.3% --
08/08/2019 08/08/19 Price Changed $108,000 +21.3% --
12/14/2018 12/14/18 Price Changed $89,000 -10.1% --
10/21/2018 10/21/18 Price Changed $99,000 -9.2% --
09/19/2018 09/19/18 Price Changed $109,000 -21.6% --
09/13/2018 09/13/18 Price Changed $139,000 -12.6% --
09/06/2018 09/06/18 For Sale $159,000 -- --
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 $5,328 $149,000 $53,700 $95,300
2024 $5,328 $149,000 $53,700 $95,300
2023 $4,978 $149,000 $53,700 $95,300
2022 $4,978 $149,000 $53,700 $95,300
2021 $4,904 $149,000 $53,700 $95,300
2020 $4,804 $149,000 $53,700 $95,300
2019 $4,668 $149,000 $53,700 $95,300
2018 $4,570 $149,000 $53,700 $95,300
2017 $4,406 $149,000 $53,700 $95,300
2016 $4,206 $149,000 $53,700 $95,300
2015 $4,163 $149,000 $53,700 $95,300
2014 $4,023 $149,000 $53,700 $95,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 510809

South Jersey Shore Regional MLS

APN: 21-01016-0000-00026