NOT LISTED FOR SALE

7 Somers Ave Ocean View, NJ 08230

Estimated Value: $549,013 - $655,000

3 Beds
3 Baths
2,606 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $435,000 $167 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,942/month

About This Home

As of September 2021

Make this Lake Front Home your Dream Home. Nestled back in this highly desired, quiet neighborhood of Upper Township. Miles of neighborhoods connected to one another make this feel like its own private community. It is within the Upper Twp School system and school district for Ocean City High School. You can enjoy fishing, kayaking, and swimming right in your own back yard. Playgrounds and ball fields are a short walk, as well as shopping and dining. Only 10 Minutes to Ocean City and Sea Isle Beaches. Features include hard wood flooring, a newly-renovated master en suite bath with multiple large walk-in closets, bonus room/office or guest bedroom on first floor and an enormous cleared back yard. Tremendous potential to craft into your Perfect Lakefront Home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 21, 2021
Sold by
Weaver Cholehna
Bought by
Kelchner Daniel and Kelchner Deanna
Seller's Agent
Thomas Tyrrell
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Elsie Jamison
GRACE REALTY
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
$609,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,253
Avg. Annual Appreciation
9.78%
Original Mortgage
$391,500
Outstanding Balance
$361,142
Interest Rate
2.86%
Estimated Equity
$248,111

Purchase Details

Closed on
Jul 23, 2020
Sold by
Jig Nj Lp
Bought by
Beckstrom Christer and Beeckstrom Patricia

Purchase Details

Listed on
Jul 3, 2014
Closed on
Sep 9, 2014
Sold by
Bisaccia Salvatore L and Bisaccia Janice L
Bought by
Weaver Cholehna
Seller's Agent
JEROME FREAL
CALLOWAY REALTY
Buyer's Agent
Thomas Tyrrell
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$302,500
Sold Price
$302,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 1993
Sold by
Pepe Nicholas
Bought by
Bisaccia Salvatore and Bisaccia Janice

Purchase Details

Closed on
Dec 5, 1990
Sold by
Hallas Hallas J and Hallas Marianne
Bought by
Pepe Nicholas L and Pepe Mrianne W

Range of Values:

Collateral Analytics

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ICE

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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
Kelchner Daniel $435,000 None Available
Beckstrom Christer $726,000 Misc Company
Weaver Cholehna $302,500 Old Republic National Title
Bisaccia Salvatore $184,000 --
Pepe Nicholas L $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelchner Daniel $391,500
Previous Owner Weaver Cholehna $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $435,000 +2.4% --
08/20/2021 08/20/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $425,000 +40.5% --
09/18/2014 09/18/14 Sold $302,500 0.0% --
08/19/2014 08/19/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $302,500 -- --

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 $6,766 $294,800 $124,400 $170,400
2023 $6,433 $294,800 $124,400 $170,400
2022 $6,217 $294,800 $124,400 $170,400
2021 $5,999 $294,800 $124,400 $170,400
2020 $5,772 $294,800 $124,400 $170,400
2019 $5,634 $294,800 $124,400 $170,400
2018 $5,489 $294,800 $124,400 $170,400
2017 $5,427 $294,800 $124,400 $170,400
2016 $5,513 $294,800 $124,400 $170,400
2015 $5,359 $294,300 $123,900 $170,400
2014 $4,610 $310,000 $150,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas Tyrrell

    Seller's Agent in 2021

    Thomas Tyrrell

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 425-9486

    20 in this area

    73 Total Sales

    Thomas Tyrrell
    Section Image
  • Elsie Jamison

    Buyer's Agent in 2021

    Elsie Jamison

    GRACE REALTY

    (609) 675-6889

    32 in this area

    44 Total Sales

    Elsie Jamison
    Section Image
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Map

New Jersey Cape May County Ocean View 08230

7 Somers Ave, Ocean View, NJ

Homes for Sale in Ocean View, NJ

This home is located at 7 Somers Ave, Ocean View, NJ 08230 and is currently estimated at $609,253, approximately $233 per square foot. 7 Somers Ave is a home located in Cape May County with nearby schools including Upper Township Primary School, Upper Township Elementary School, and Upper Township Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.