Seller's Agent in 2022
Susan Gardner
Weichert Corporate
(609) 398-4400
10 in this area
57 Total Sales
737 Shore Rd Somers Point, NJ 08244
Estimated Value: $471,921 - $734,000
--
Bed
--
Bath
--
Sq Ft
7,623
Sq Ft Lot
Highlights
- The property is located in a historic district
- Porch
- Shed
- Mainland Regional High School Rated A-
- Patio
- Ceiling Fan
About This Home
As of January 2022Partial Bay Views from this Fully Occupied 4-Unit multi family investment property. This beautiful Victorian has been well maintained over the years. Solid rental income with good long term tenants makes this an excellent opportunity for investors or an ideal situation to live in one unit and rent the others. Each unit has separate electric meters. Plenty of parking in rear. Walk to bars and restaurants on the bay and enjoy sunsets on the beach.
Last Agent to Sell the Property
WEICHERT REALTORS ASBURY GROUP-OC Listed on: 10/28/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,398
Lot Details
- Lot Dimensions are 50x152
- Fenced
Home Design
- Aluminum Siding
Interior Spaces
- Ceiling Fan
- Partial Basement
- Storm Screens
Parking
- 3 Parking Spaces
- Stone Driveway
Outdoor Features
- Patio
- Shed
- Porch
Location
- The property is located in a historic district
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Electric Water Heater
Community Details
- 4 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2021
Closed on
Jan 21, 2022
Sold by
Weeden James A and Weeden Georgiann
Bought by
Dlsn Properties Llc
Seller's Agent
Susan Gardner
WEICHERT REALTORS ASBURY GROUP-OC
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$398,900
Sold Price
$359,000
Premium/Discount to List
-$39,900
-10%
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
$210,980
Avg. Annual Appreciation
12.79%
Original Mortgage
$281,250
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2019
Sold by
Weeden James A and Devlin Georgiann
Bought by
Weeden James A and Weeden Georgiann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 26, 2013
Closed on
Apr 15, 2014
Sold by
Howe Everett M and Howe Barbara G
Bought by
Weeden James A and Devlin Georgiann
Seller's Agent
Fred Frisch
BHHS FOX and ROACH-Northfield
Buyer's Agent
Susan Gardner
WEICHERT REALTORS ASBURY GROUP-OC
List Price
$215,000
Sold Price
$215,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$172,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 7, 1994
Sold by
Bielous David
Bought by
Howe Everett and Howe Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.08%
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 |
|---|---|---|---|
| Dlsn Properties Llc | $359,000 | Freedom Title & Abstract | |
| Weeden James A | -- | Dba National Title Agency | |
| Weeden James A | $215,000 | Agent For Old Republic Natl | |
| Howe Everett | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dlsn Properties Llc | $281,250 | |
| Previous Owner | Weeden James A | $154,000 | |
| Previous Owner | Weeden James A | $172,000 | |
| Previous Owner | Howe Everett | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/21/2022 01/21/22 | Sold | $359,000 | -10.0% | -- | |
| 12/30/2021 12/30/21 | Pending | -- | -- | -- | |
| 10/28/2021 10/28/21 | For Sale | $398,900 | +85.5% | -- | |
| 03/04/2014 03/04/14 | Sold | $215,000 | 0.0% | -- | View Prior Sale |
| 02/11/2014 02/11/14 | Pending | -- | -- | -- | |
| 03/26/2013 03/26/13 | For Sale | $215,000 | -- | -- |
Source: South Jersey Shore Regional 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 | $9,398 | $262,800 | $60,900 | $201,900 |
| 2024 | $9,398 | $262,800 | $60,900 | $201,900 |
| 2023 | $8,780 | $262,800 | $60,900 | $201,900 |
| 2022 | $7,193 | $215,300 | $60,900 | $154,400 |
| 2021 | $7,086 | $215,300 | $60,900 | $154,400 |
| 2020 | $6,941 | $215,300 | $60,900 | $154,400 |
| 2019 | $6,745 | $215,300 | $60,900 | $154,400 |
| 2018 | $6,603 | $215,300 | $60,900 | $154,400 |
| 2017 | $6,366 | $215,300 | $60,900 | $154,400 |
| 2016 | $6,078 | $215,300 | $60,900 | $154,400 |
| 2015 | $6,015 | $215,300 | $60,900 | $154,400 |
| 2014 | $5,813 | $215,300 | $60,900 | $154,400 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Gardner
-
Robert Idell
Buyer's Agent in 2022
Robert Idell
BHHS Fox & Roach
(856) 207-1670
3 in this area
82 Total Sales
-
Fred Frisch
Seller's Agent in 2014
Fred Frisch
BHHS Fox & Roach
(609) 703-5071
2 in this area
11 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 556943
APN: 21-01614-0000-00006
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