NOT LISTED FOR SALE

6 Somerset Ln Ocean City, NJ 08226

Estimated Value: $1,713,000 - $1,888,997

5 Beds
4 Baths
3,084 Sq Ft
$582/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $850,000 $276 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $10,385/month

110 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of August 2019

HUGE single family home on a sunny corner lot in a quiet family neighborhood! Enjoy wonderful WATER VIEWS of the intracoastal and beautiful sunsets from multiple decks! This 5 bedroom, 4 bathroom home features cherry hardwood floors, upgraded trim throughout, LARGE family room with gas log fireplace, formal dining room, private study, impressive eat-in kitchen with numerous upgrades - tile backsplash, under counter lighting, granite counters, cherry cabinets, beverage cooler and stainless steel appliances. The second floor offers 4 spacious bedrooms, a walk up attic area (that could be expanded to a usable 3rd floor) and a master suite that boasts double walk-in closets, fireplace, steam shower and Jacuzzi. The property is complete with an over-sized 2 car garage, separate laundry room, fenced-in backyard and composite front & rear decks. This home is a MUST SEE and is PRICED TO SELL! It gets better; the flood insurance premium is only $854 for the year! Call today for your private tour!

Last Agent to Sell the Property

Francis Davish

Keller Williams Realty Jersey Shore-Ocean City Listed on: 02/05/2019

Keller Williams Realty Jersey Shore-Ocean City

Co-Listed By

Ken Sedberry

BERGER REALTY-Main

Last Buyer's Agent

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,017

Lot Details

  • Fenced
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Dining Room
  • Den
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,017

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 02/05/2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Porch, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 74' x 99' irreg
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2006
Sold by
Shoreway Properties Llc
Bought by
Martin John P
Current Estimated Value
$1,794,249

Purchase Details

Closed on
Apr 21, 2005
Sold by
Hill Richard and Snyder Jack
Bought by
Shoreway Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Saunders Kenneth and Saunders Christine
Bought by
Hill Richard and Snyder Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1997
Sold by
Farrell E Linda
Bought by
Saunders Kenneth M and Saunders Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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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
Martin John P -- The Title Company Of Jersey
Shoreway Properties Llc $550,000 The Title Company Of Jersey
Hill Richard $350,000 Ocean City Title Agency
Saunders Kenneth M $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoreway Properties Llc $925,000
Previous Owner Hill Richard $725,000
Previous Owner Saunders Kenneth M $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2019 08/20/19 Sold $850,000 0.0% $276 / Sq Ft
06/01/2019 06/01/19 Off Market $850,000 -- --
05/26/2019 05/26/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $869,900 -- $282 / Sq Ft
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 $10,017 $892,800 $355,800 $537,000
2024 $10,017 $892,800 $355,800 $537,000
2023 $9,562 $892,800 $355,800 $537,000
2022 $9,187 $892,800 $355,800 $537,000
2021 $8,973 $892,800 $355,800 $537,000
2020 $8,732 $892,800 $355,800 $537,000
2019 $8,633 $892,800 $355,800 $537,000
2018 $8,553 $892,800 $355,800 $537,000
2017 $8,419 $892,800 $355,800 $537,000
2016 $8,098 $892,800 $355,800 $537,000
2015 $7,991 $892,800 $355,800 $537,000
2014 $7,875 $892,800 $355,800 $537,000
Source: Public Records

Agents Affiliated with this Home

  • Francis Davish

    Seller's Agent in 2019

    Francis Davish

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 398-9912

    80 in this area

    126 Total Sales

    Francis Davish
    Section Image
  • Ken Sedberry

    Seller Co-Listing Agent in 2019

    Ken Sedberry

    BERGER REALTY-Main

    (609) 442-3850

    35 in this area

    43 Total Sales

    Ken Sedberry
    Section Image
  • Peter Madden

    Buyer's Agent in 2019

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-4781

    129 in this area

    150 Total Sales

    Peter Madden
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 517247

South Jersey Shore Regional MLS

APN: 08-03807-0000-00002

New Jersey Cape May County Ocean City 08226

6 Somerset Ln, Ocean City, NJ

This home is located at 6 Somerset Ln, Ocean City, NJ 08226 since 05 February 2019 and is currently estimated at $1,794,249, approximately $581 per square foot. 6 Somerset Ln is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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