NOT LISTED FOR SALE

600 2nd St Somers Point, NJ 08244

Estimated Value: $343,000 - $405,268

-- Bed
-- Bath
1,593 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $150,000 $94 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,548/month

9 Days on Market

Highlights

  • Corner Lot
  • Mainland Regional High School Rated A-
  • Hot Water Heating System

About This Home

As of May 2019

Accepted Offer received! This duplex is located on the corner of Rhode Island/2nd Street and is close to parks, public transportation and local schools. The home is tenant occupied and all appointments must be made 24 hours in advance. The Seller will not accept any offer until the home has been on the market for 7 days for owner occupant and 21 days for investors.

Last Agent to Sell the Property

Mark Branco

CENTURY 21 ATLANTIC PROFESSIONAL REALTY Listed on: 04/15/2019

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Last Buyer's Agent

PATRICIA RUGGIERO

MARCHESE REAL ESTATE, LLC

MARCHESE REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,147

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x85
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,147

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 04/16/2019
  • Year Built: 1940
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: 20
  • Property Sub Type: MultiFamily

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Heating: Hot Water
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner
  • Lot Dimensions: 50x85

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 14, 2019
Sold by
Mtglq Investors Lp
Bought by
Rodriguez Anna
Seller's Agent
Mark Branco
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
Buyer's Agent
PATRICIA RUGGIERO
MARCHESE REAL ESTATE, LLC
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$385,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,567
Avg. Annual Appreciation
16.20%
Original Mortgage
$150,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2019
Sold by
Rallo Daniel G and Lento Patrick
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Oct 19, 2007
Sold by
Rallo Daniel G
Bought by
Rallo Daniel G and Lento Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Lento Rallo & Associates Llc
Bought by
Rallo Daniel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1992
Sold by
Danziger Barry
Bought by
Pimpinelli Anthony and Pimpinelli Joan
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
Rodriguez Anna $150,000 Cape Atlantic Title Agcy Llc
Mtglq Investors Lp $1,000 None Available
Rallo Daniel G -- Foundation Title
Rallo Daniel G -- Foundation Title Llc
Pimpinelli Anthony $107,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Anna $18,431
Open Rodriguez Anna $149,190
Closed Rodriguez Anna $150,000
Previous Owner Rallo Daniel G $280,000
Previous Owner Pimpinelli Anthony $108,750
Previous Owner Pimpinelli Anthony B $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $150,000 +0.1% $94 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $149,900 0.0% $94 / Sq Ft
04/16/2014 04/16/14 Rented -- -- --
04/16/2014 04/16/14 For Rent -- -- --
04/02/2014 04/02/14 Rented -- -- --
03/03/2014 03/03/14 Under Contract -- -- --
01/22/2014 01/22/14 For Rent -- -- --
06/20/2013 06/20/13 Rented -- -- --
05/21/2013 05/21/13 Under Contract -- -- --
05/13/2013 05/13/13 For Rent -- -- --
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 $6,147 $171,900 $54,700 $117,200
2024 $6,147 $171,900 $54,700 $117,200
2023 $5,743 $171,900 $54,700 $117,200
2022 $5,743 $171,900 $54,700 $117,200
2021 $5,657 $171,900 $54,700 $117,200
2020 $5,542 $171,900 $54,700 $117,200
2019 $5,386 $171,900 $54,700 $117,200
2018 $5,272 $171,900 $54,700 $117,200
2017 $5,083 $171,900 $54,700 $117,200
2016 $4,853 $171,900 $54,700 $117,200
2015 $4,803 $171,900 $54,700 $117,200
2014 $5,246 $194,300 $54,700 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 520874

South Jersey Shore Regional MLS

APN: 21-01316-0000-00008