Seller's Agent in 2022
Carlo Drogo
EXP Realty, LLC
(856) 692-4368
2 in this area
610 Total Sales
680 W Maryland Ave Somers Point, NJ 08244
Estimated Value: $403,046 - $551,000
--
Bed
--
Bath
1,972
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Shed
- Ceramic Tile Flooring
- Property is in very good condition
- Mainland Regional High School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of March 2022*** CONTRACTS SIGNED - NO MORE SHOWINGS 3/16/22 *** Calling all investors and owner-occupants looking for a future in investing! This side-by-side rancher style Duplex in desirable Somers Point is turn-key and ready for it’s next owner! Unit-A is currently tenant occupied and consists of 4 bedrooms and 1.5 bathrooms. Current tenants are MTM at $2,000/mo. Unit-B is currently vacant and ready to go! This unit consists of 2 bedrooms, 1 bathroom, an open concept layout with updated kitchen featuring granite countertops and stainless steel appliances, and a separate utility room with washer and dryer. This property is tucked back off the road, and surrounded by a tree-lined rear yard property. Both units have separate fenced in yards both equipped with sheds. If you are impressed this far, keep on reading! Ready for the WOW?! This property was renovated in 2020, and boasts a new roof with 30-year architectural shingles, new forced air heating and A/C for both units, new hot water heater, new gas service for both units, new electrical service drop from ACE, new Luxury Vinyl Plank flooring throughout the units, fully renovated bathrooms with new luxury vanities, fully renovated kitchens with granite countertops and new soft close cabinets, new lighting and ceiling fans, and new paint throughout both units. Whether you are looking for a cash flowing investment property, or looking to live in 1 unit and have the 2nd unit pay for your mortgage… call today to schedule a tour of this amazing opportunity in Somers Point!
Last Agent to Sell the Property
(856) 692-4368 carlodrogo@gmail.com EXP Realty, LLC Listed on: 03/13/2022
Last Buyer's Agent
(908) 415-4176 investorsedgerealty@gmail.com Investors Edge Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,055
Year Built
- Built in 1973 | Remodeled in 2020
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100.00 x 150.00
- Property is in very good condition
Home Design
- 1,972 Sq Ft Home
- Duplex
- Frame Construction
- Shingle Roof
Flooring
- Carpet
- Laminate
- Ceramic Tile
Parking
- 6 Parking Spaces
- 4 Driveway Spaces
- 2 Off-Street Spaces
Outdoor Features
- Shed
Schools
- Dawes Ave Elementary School
- Jordan Rd Middle School
- Mainland Regional High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 00010 01
- Assessor Parcel Number 21-01016-00010 01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2019
Closed on
Dec 16, 2019
Sold by
Wilmington Savings Fund Society
Bought by
Kps Investments Llc
Seller's Agent
John Moore
WEICHERT REALTORS ASBURY GROUP-OC
Buyer's Agent
Carlo Drogo
eXp Realty - Montclair
List Price
$164,900
Sold Price
$130,000
Premium/Discount to List
-$34,900
-21.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,012
Avg. Annual Appreciation
23.38%
Original Mortgage
$150,000
Outstanding Balance
$132,247
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$316,765
Purchase Details
Closed on
Apr 3, 2019
Sold by
Pagano Joseph R and Arcuri Dorothea
Bought by
Wilmington Savings Fund Society Fsb and Residential Credit Opportunities Trust V
Purchase Details
Closed on
May 7, 2008
Sold by
Robbins Timothy G
Bought by
Arcuri Dorothea and Pagano Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,765
Interest Rate
5.91%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 21, 2004
Sold by
Petitto Naldy
Bought by
Robbins Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,980
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 29, 1988
Sold by
Nunzi Raymond A and Nunzi Kathleen T
Bought by
Petitto Naldy
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kps Investments Llc | $130,000 | Fortune Title Agency Inc | |
| Wilmington Savings Fund Society Fsb | $1,000 | Fortune Title Agency Inc | |
| Arcuri Dorothea | $285,000 | Fidelity Natl Title | |
| Robbins Timothy | $365,557 | -- | |
| Robbins Timothy | $365,557 | -- | |
| Robbins Timothy | $365,557 | -- | |
| Petitto Naldy | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kps Investments Llc | $150,000 | |
| Previous Owner | Arcuri Dorothea | $282,765 | |
| Previous Owner | Robbins Timothy | $328,980 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $310,000 | 0.0% | $157 / Sq Ft | |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- | |
| 03/13/2022 03/13/22 | For Sale | $310,000 | +138.5% | $157 / Sq Ft | |
| 12/27/2019 12/27/19 | Sold | $130,000 | 0.0% | $66 / Sq Ft | View Prior Sale |
| 12/27/2019 12/27/19 | Sold | $130,000 | -13.3% | $66 / Sq Ft | View Prior Sale |
| 12/13/2019 12/13/19 | Price Changed | $149,900 | -9.1% | $76 / Sq Ft | |
| 12/11/2019 12/11/19 | Price Changed | $164,900 | +10.0% | $84 / Sq Ft | |
| 12/02/2019 12/02/19 | Pending | -- | -- | -- | |
| 12/02/2019 12/02/19 | Pending | -- | -- | -- | |
| 11/25/2019 11/25/19 | Price Changed | $149,900 | 0.0% | $76 / Sq Ft | |
| 11/19/2019 11/19/19 | Price Changed | $149,900 | -9.1% | $76 / Sq Ft | |
| 11/13/2019 11/13/19 | Price Changed | $164,900 | +6.5% | $84 / Sq Ft | |
| 10/25/2019 10/25/19 | Price Changed | $154,900 | -6.1% | $79 / Sq Ft | |
| 10/24/2019 10/24/19 | Price Changed | $164,900 | +6.5% | $84 / Sq Ft | |
| 10/10/2019 10/10/19 | Price Changed | $154,900 | 0.0% | $79 / Sq Ft | |
| 10/10/2019 10/10/19 | Price Changed | $154,900 | -6.1% | $79 / Sq Ft | |
| 10/08/2019 10/08/19 | For Sale | $164,900 | 0.0% | $84 / Sq Ft | |
| 09/12/2019 09/12/19 | Price Changed | $164,900 | -2.9% | $84 / Sq Ft | |
| 08/13/2019 08/13/19 | Price Changed | $169,900 | -5.6% | $86 / Sq Ft | |
| 07/11/2019 07/11/19 | Price Changed | $179,900 | -5.3% | $91 / Sq Ft | |
| 05/23/2019 05/23/19 | Price Changed | $189,900 | -2.6% | $96 / Sq Ft | |
| 04/23/2019 04/23/19 | Price Changed | $194,900 | -2.5% | $99 / Sq Ft | |
| 03/21/2019 03/21/19 | For Sale | $199,900 | -- | $101 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,713 | $215,700 | $57,400 | $158,300 |
| 2024 | $7,713 | $215,700 | $57,400 | $158,300 |
| 2023 | $7,207 | $215,700 | $57,400 | $158,300 |
| 2022 | $6,147 | $184,000 | $57,400 | $126,600 |
| 2021 | $6,055 | $184,000 | $57,400 | $126,600 |
| 2020 | $5,932 | $184,000 | $57,400 | $126,600 |
| 2019 | $5,765 | $184,000 | $57,400 | $126,600 |
| 2018 | $5,643 | $184,000 | $57,400 | $126,600 |
| 2017 | $5,441 | $184,000 | $57,400 | $126,600 |
| 2016 | $5,194 | $184,000 | $57,400 | $126,600 |
| 2015 | $5,141 | $184,000 | $57,400 | $126,600 |
| 2014 | $4,968 | $184,000 | $57,400 | $126,600 |
Source: Public Records
Agents Affiliated with this Home
-
Carlo Drogo
-
Yechiel Schwartz
Buyer's Agent in 2022
Yechiel Schwartz
Investors Edge Realty
(908) 415-4176
1 in this area
51 Total Sales
-
John Moore
Seller's Agent in 2019
John Moore
Weichert Corporate
(609) 705-3360
8 in this area
64 Total Sales
Map
Source: Bright MLS
MLS Number: NJAC2003310
APN: 21-01016-0000-00010-01
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