NOT LISTED FOR SALE

7 S Village Dr Somers Point, NJ 08244

Estimated Value: $387,878 - $423,000

3 Beds
1.5 Baths
1,476 Sq Ft
$274/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $110,200 $75 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $2,637/month

11 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Mainland Regional High School Rated A-
  • Ranch Style House
  • Great Room

About This Home

As of November 2019

Centrally located 3 bedroom rancher close to local shopping, restaurants, and entertainment. A couple of blocks from the bay and across the bridge from Ocean City, this is a great home. Come enjoy the view of Greate Bay Country Club from your front porch. HUD Home. Sold “AS IS” by elec. bid only. Prop avail 10-11-19. Bids due daily by 11:59 PM Central Time until sold. FHA Case #351-553830. Insured w Escrow Rpr. Eligible for FHA 203K. For Prop conditions, Forms, Discl & Avail please visit www.HUDHomestore.com. For additional forms, updates, step-by-step videos & free photo list, please visit www.BLBResources.com.BLB Resources makes no warranty as to condition of property. Buyer to verify all info. LBP, Square footage per FHA Appraisal, Financing: Cash, FHA, Conv.

Last Agent to Sell the Property

THOMAS ALLEN

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #0345247 Listed on: 10/11/2019

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

THOMAS ALLEN

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #0345247 Listed on: 10/11/2019

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1953

Lot Details

  • 7,928

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Great Room
  • Dining Room
  • Recreation Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 86 x 92

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,225

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 10/12/2019
  • Year Built: 1953
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Great Room, Recreation/Family

Exterior Features

  • Outside Features: Deck, Sidewalks
  • Siding Exterior: Wood

Garage/Parking

  • Driveway: Gravel
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 86 x 92
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 27, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Pagano Russell
Seller's Agent
THOMAS ALLEN
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
THOMAS ALLEN
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$105,000
Sold Price
$110,200
Premium/Discount to List
$5,200
4.95%
Current Estimated Value
$404,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,020
Avg. Annual Appreciation
25.61%

Purchase Details

Closed on
Sep 4, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 12, 2019
Sold by
Carmen Alvarado Sonia Del and Alvarado Julio E
Bought by
Wilmington Saving Fund Society and Trustee Of Stanwich Mortgage Loan Trusts

Purchase Details

Closed on
Oct 15, 2018
Sold by
Alvarado Julio E and De Alvarado Sonia Del Carmen
Bought by
Dealvarado Sonia Del Carmen

Purchase Details

Closed on
May 13, 2011
Sold by
Alvarado Julio E and De Alvarado Sonia Del Carmen
Bought by
Dealvarado Sonia Del Carmen

Purchase Details

Closed on
Apr 18, 2007
Sold by
Ogrady Jane
Bought by
Alvarado Julio and Alvarado Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,270
Interest Rate
6.19%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Slater Richard
Bought by
O'Grady Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2002
Sold by
Sanpedro Raymon and Sanpedro Maria
Bought by
Slater Richard and Slater Zenaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.9%

Purchase Details

Closed on
Jul 31, 1990
Sold by
Finegan Robert T and Finegan Nancy
Bought by
Sanpedro Raymon and Sanpedro Maria

Purchase Details

Closed on
Sep 1, 1989
Sold by
Finegan Robert T and Finegan Margaret C
Bought by
Finegan Robert T and Finegan Nancy B
Source: Public Records

Range of Values:

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Average Value
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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
Pagano Russell $110,200 The Title Company Of Jersey
Secretary Of Housing & Urban Development -- None Available
Wilmington Saving Fund Society $1,000 None Available
Dealvarado Sonia Del Carmen -- None Available
Dealvarado Sonia Del Carmen -- None Available
Alvarado Julio $234,900 --
O'Grady Jane $194,000 --
Ogrady Jane E $194,000 Independence Abstract & Titl
Slater Richard $103,000 Country Line Title Agency
Sanpedro Raymon $98,500 --
Finegan Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Julio E $234,739
Previous Owner Alvarado Julio $231,270
Previous Owner Ogrady Jane E $164,900
Previous Owner O'Grady Jane $19,400
Previous Owner Slater Richard $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $110,200 +5.0% $75 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $105,000 -- $71 / 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 $5,225 $146,100 $33,400 $112,700
2023 $4,881 $146,100 $33,400 $112,700
2022 $4,881 $146,100 $33,400 $112,700
2021 $4,808 $146,100 $33,400 $112,700
2020 $4,710 $146,100 $33,400 $112,700
2019 $4,577 $146,100 $33,400 $112,700
2018 $4,481 $146,100 $33,400 $112,700
2017 $4,320 $146,100 $33,400 $112,700
2016 $4,124 $146,100 $33,400 $112,700
2015 $4,082 $146,100 $33,400 $112,700
2014 $4,620 $171,100 $58,400 $112,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    THOMAS ALLEN

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 602-4461

    24 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529256

South Jersey Shore Regional MLS

APN: 21-01924-0000-00004

New Jersey Atlantic County Somers Point 08244

7 S Village Dr, Somers Point, NJ

This home is located at 7 S Village Dr, Somers Point, NJ 08244 since 11 October 2019 and is currently estimated at $404,220, approximately $273 per square foot. This property was built in 1953. 7 S Village Dr is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

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