$250,000
SOLD NOV 13, 2024

647 1st St Somers Point, NJ 08244

2 Beds
1 Bath
800 Sq Ft
3,746 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

13% Below List Price

45 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Cottage
  • Baseboard Heating
  • Mainland Regional High School Rated A-
  • Laundry Room
  • Dining Area

About This Home

As of November 2024

Welcome to this delightful 800 sq ft cottage nestled in the heart of historic Somers Point! Perfectly positioned on a scenic bike path, this charming home offers the ideal blend of convenience and tranquility. The location is fantastic, with easy access to popular restaurants and grocery stores. The picturesque local beach is just a short stroll away, and you'll also have seamless access to the vibrant Ocean City, NJ, for even more fun and excitement. Inside, you'll find a cozy galley kitchen that makes meal prep a breeze. For added convenience, a washer and dryer are included. The property also boasts a nice-sized backyard, perfect for relaxing or entertaining guests. Gas baseboard heat ensures that you stay warm and comfortable throughout the seasons. This adorable cottage offers a perfect blend of historic charm and modern convenience. Whether you're looking for a full-time residence or a cozy vacation retreat, this home is sure to impress! Don’t miss out on this unique opportunity! Contact us today to schedule a viewing and make this charming Somers Point cottage your new home. The property is VACANT with no furniture and several photos have been VIRTUALLY STAGED to give an idea of how it might be furnished.

Last Agent to Sell the Property

Roger Read

RE/MAX ATLANTIC License #0571049 Listed on: 09/01/2024

RE/MAX ATLANTIC

Last Buyer's Agent

Elsie Jamison

Compass New Jersey-Ocean City (O463H) License #1863412

Compass New Jersey-Ocean City (O463H)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 26 x 142

Home Design

  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Drapes & Rods
  • Dining Area
  • Storage In Attic
  • Storm Screens
  • Stove

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,334

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cottage
  • Age: 25+ Years
  • Also Includes: Curtains
  • Lvt Date: 09/04/2024
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Stove, Refrigerator, Washer
  • Flooring: W/W Carpet, Laminate Flooring
  • Bedrooms: 2
  • Bedroom 1: Size: 10 x 7-4
  • Bedroom 2: Size: 8-2 x 7-6
  • Full Bathrooms: 1
  • Basement: Slab
  • Living Room: Size: 13 x 12-8
  • Other Rooms: Dining Area, Laundry/Utility Room, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 26 x 142
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Nov 13, 2024
Sold by
Roberts Joseph A and Roberts Patricia Ann
Bought by
Nicholl Lauren
Seller's Agent
Roger Read
RE/MAX ATLANTIC
Buyer's Agent
Elsie Jamison
Compass New Jersey-Ocean City (O463H)
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%
Views
117
Current Estimated Value
$271,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,159
Avg. Annual Appreciation
12.11%
Original Mortgage
$200,000
Outstanding Balance
$199,136
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$73,868

Purchase Details

Closed on
Dec 3, 2004
Sold by
Taibi Carmella
Bought by
Roberts Joseph and Roberts Patricia

Purchase Details

Closed on
Jun 26, 2003
Sold by
The Estate Of John Taibi and Taibi Carmella
Bought by
Taibi Carmella
Source: Public Records

Similar Homes in Somers Point, NJ

  • 613 Pennsylvania Ave, Somers Point, NJ 08244

    $199,900

    • 2 Beds
    • 1 Bath
    • 613 Pennsylvania Ave
    • Somers Point, NJ

    Don't miss out on this 2 bed 1 bath Rancher on a walk out basement! So much potential for the right buyer. Fabulous location in the heart of Somers Point. Hardwood floors throughout. Bring your imagination and make this your own Being Sold AS-IS. Buyer to obtain any and all required certificates from the Twp or lender. All offers due by Monday 8/4 at 6PM Offer Accepted. No More Showings

    Lisa Carrick eXp Realty-Margate

    Section Image
  • 17 Osborne Rd, Somers Point, NJ 08244

    $299,900

    • 3 Beds
    • 1 Bath
    • 17 Osborne Rd
    • Somers Point, NJ

    Conveniently located 3-bedroom ranch style home in Somers Point in a great neighborhood. Just over the bridge from Ocean City beaches and boardwalk, and around the corner from Great Bay Country Club Golf Course, Kennedy Park, popular bars and restaurants. Recent upgrades include a newer roof, siding, and windows, along with a modern gas furnace, hot-water heater and appliances. The bathroom was

    Patrick Davish Keller Williams Realty Jersey Shore-Ocean City

    Section Image
  • 36 Lehigh Dr, Somers Point, NJ 08244

    $309,900

    • 2 Beds
    • 1 Bath
    • 36 Lehigh Dr
    • Somers Point, NJ

    Discover an exceptional opportunity at 36 Lehigh Dr, Somers Point, NJ 08244—a charming ranch-style home priced at $319,900. Nestled in a serene adult-oriented enclave of Fairways neighborhood, this property offers: 2 cozy bedrooms and 1 full bath. A classic ranch layout spanning six versatile rooms, providing ease of living all on one level Set on a 0.2-acre lot (~8,700?sq?ft), with a

    BRETT NEAL Shoreside Realty LLC

    Section Image
  • 10 Franklin Dr, Somers Point, NJ 08244

    $274,900

    • 4 Beds
    • 1.5 Baths
    • 10 Franklin Dr
    • Somers Point, NJ

    Welcome to this spacious 4-bedroom, 1.5-bath home located in desirable Somers Point! This property features a comfortable living room, a functional kitchen, a cozy den perfect for relaxing or entertaining, and a dedicated laundry room for added convenience. Situated just minutes from Route 9, the Garden State Parkway, and a variety of local shops, restaurants, and amenities, this home offers both

    Monica Falciani A J FALCIANI REALTY

    Section Image
  • 144 Bala Dr, Somers Point, NJ 08244

    $285,000

    • 3 Beds
    • 1 Bath
    • 144 Bala Dr
    • Somers Point, NJ

    LOOKING FOR A HOME w/GARAGE? A PLACE TO REMODEL OR MAKE YOUR OWN? Opportunity Knocks! This is the lowest-priced 3-BR 1-BA single-family currently on the market—don’t miss your chance! This charming home offers a rare land ownership bonus—you’ll also own a generous parcel of land (spanning 1171x21 feet) behind this and the neighboring homes. Enjoy a place to call home that has a sun-filled living

    Caroline Watts BHHS FOX and ROACH-109 34th OC

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $250,000 Surety Title
Deed $165,000 --
Deed $165,000 --
Bargain Sale Deed $165,000 Commonwealth Land Title Insu
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $250,000 -3.5% $313 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/12/2024 10/12/24 Price Changed $259,000 -10.4% $324 / Sq Ft
09/01/2024 09/01/24 For Sale $289,000 -- $361 / 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
2024 $4,334 $121,200 $50,300 $70,900
2023 $4,049 $121,200 $50,300 $70,900
2022 $4,049 $121,200 $50,300 $70,900
2021 $3,989 $121,200 $50,300 $70,900
2020 $3,907 $121,200 $50,300 $70,900
2019 $3,797 $121,200 $50,300 $70,900
2018 $3,717 $121,200 $50,300 $70,900
2017 $3,584 $121,200 $50,300 $70,900
2016 $3,421 $121,200 $50,300 $70,900
2015 $3,384 $121,100 $50,200 $70,900
2014 $3,270 $121,100 $50,200 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 588718

South Jersey Shore Regional MLS

APN: 21-01416-0000-00011