NOT LISTED FOR SALE

7 Point Dr Somers Point, NJ 08244

Estimated Value: $298,000 - $435,000

3 Beds
1 Bath
880 Sq Ft
$419/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $165,000 $188 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,511/month

108 Days on Market

Highlights

  • Water Views
  • Ranch Style House
  • Cul-De-Sac
  • Egg Harbor Township High School Rated A
  • Cathedral Ceiling
  • Enclosed Patio or Porch

About This Home

As of November 2020

This 3 bedroom 1 bath beach bungalow is located on a 60' x 100' lot on "Anchorage Poynte", a private bay community in Somers Point/Egg Harbour Township. The immaculate ranch style home features a bright open sunroom as well as a spacious living and dining area. Adjacent to the living area is an eat-in kitchen, boasting lots of storage space. Down the hall you will find an updated full bath and three sizable bedrooms. Exterior highlights include a paved driveway, outdoor shower, expansive front and an expansive backyard and a large storage shed. The home directly behind this property is owned by the same Seller and is also for sale. If you love boating, fishing, and other bay activities this home is perfect for you! Additionally, the home has great rental history as well.

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 07/14/2020

NEW ERA REAL ESTATE-B

Co-Listed By

Sean Tannehill

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Sean Tannehill

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,051

Lot Details

  • Lot Dimensions are 60' x 100'
  • Cul-De-Sac

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Dining Area
  • Storage
  • Water Views
  • Storage In Attic

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Interior and Exterior Basement Entry
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,051

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Also Includes: Blinds
  • Lvt Date: 07/14/2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Tile, Vinyl, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Basement: Crawl Space, Inside Entrance, Outside Entrance
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry, Storage Attic, Master Br On 1st Floor

Exterior Features

  • Outside Features: Porch Enclosed, Shed
  • Siding Exterior: Asbestos
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Blacktop, Concrete
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Cul-De-Sac, Water View
  • Lot Dimensions: 60' X 100'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Nov 27, 2020
Sold by
Robertson Construction Company
Bought by
Gregory Sykora Llc
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Sean Tannehill
NEW ERA REAL ESTATE-B
List Price
$215,000
Sold Price
$165,000
Premium/Discount to List
-$50,000
-23.26%
Current Estimated Value
$368,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,330
Avg. Annual Appreciation
18.38%

Purchase Details

Closed on
Feb 24, 2011
Sold by
Estate Of Theresa Palmer and Palmer Robert R
Bought by
Robertson Construction Company
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
Gregory Sykora Llc $165,000 Land Title Services
Robertson Construction Company -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $165,000 -23.3% $188 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $215,000 0.0% $244 / Sq Ft
11/01/2019 11/01/19 Rented -- -- --
09/04/2019 09/04/19 For Rent $1,400 -- --
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 $6,051 $180,400 $110,000 $70,400
2024 $6,051 $180,400 $110,000 $70,400
2023 $6,016 $180,400 $110,000 $70,400
2022 $6,016 $180,400 $110,000 $70,400
2021 $6,065 $180,400 $110,000 $70,400
2020 $5,955 $180,400 $110,000 $70,400
2019 $5,793 $180,400 $110,000 $70,400
2018 $5,668 $180,400 $110,000 $70,400
2017 $5,648 $180,400 $110,000 $70,400
2016 $5,425 $180,400 $110,000 $70,400
2015 $5,345 $180,400 $110,000 $70,400
2014 $5,239 $180,400 $110,000 $70,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Arbeit

    Seller's Agent in 2020

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    54 Total Sales

    Mark Arbeit
    Section Image
  • Sean Tannehill

    Seller Co-Listing Agent in 2020

    Sean Tannehill

    RE/MAX Platinum Properties

    (609) 412-0307

    112 Total Sales

    Sean Tannehill
    Section Image
  • Vincenzo Zanghi

    Buyer's Agent in 2019

    Vincenzo Zanghi

    RE/MAX Platinum Properties

    (609) 381-0674

    10 Total Sales

    Vincenzo Zanghi
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539209

South Jersey Shore Regional MLS

APN: 08-09404-0000-00026

New Jersey Atlantic County Somers Point 08244

7 Point Dr, Somers Point, NJ

This home is located at 7 Point Dr, Somers Point, NJ 08244 since 14 July 2020 and is currently estimated at $368,330, approximately $418 per square foot. 7 Point Dr is a home located in Atlantic County with nearby schools including Egg Harbor Township High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

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