NOT LISTED FOR SALE

741 1st St Somers Point, NJ 08244

Estimated Value: $348,000 - $387,809

3 Beds
2 Baths
1,236 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $170,000 $138 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,558/month

21 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Eat-In Kitchen
  • Mainland Regional High School Rated A-
  • Porch
  • Living Room

About This Home

As of December 2019

Due to multiple offers Seller requested Highest and best by by 11:59 PM on 9/25/2019. **Please call appointment line for showing instructions** Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot and structure. All offers must be submitted by the buyer's agent using the online offer management system. Access the system via the link below. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale. Submit offer http://www.spsreo.com/?c=AUH9

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 09/11/2019

COASTAL ELITE REALTY

Last Buyer's Agent

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 09/11/2019

COASTAL ELITE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,847

Year Built

  • Built in 1930

Lot Details

  • 0.92

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,236 Sq Ft Home
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Lot Dimensions are 40 x 140
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 9 / 1616

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,847

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 17-Out Of County
  • Estimated Year Built: 1930
  • New Construction: No
  • Second Address Number: 741
  • Lot Size2: 40 x 140
  • Price per Sq Ft: 137.54
  • Selling Agent1: 1506
  • Selling Office1: 508
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Estimated Living Sq Ft: 1236
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Porch

Garage/Parking

  • Parking Garage: Garage, Detached

Utilities

  • Cooling: Central Air Condition
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 9
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4847.09
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Sabella Dennis and Sabella Francine
Bought by
Chesshire Jonathan and Chesshire Kathryn
Current Estimated Value
$367,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$210,374
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$155,815

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 17, 2019
Sold by
Us Bank Na
Bought by
Sabella Dennis and Sabella Francine
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Edward Augsberger
COASTAL ELITE REALTY
List Price
$114,000
Sold Price
$170,000
Premium/Discount to List
$56,000
49.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$136,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2019
Sold by
Nyilas Debra and Bank Of America Na
Bought by
U S Bank Na

Purchase Details

Closed on
Aug 1, 2003
Sold by
Woods Robert
Bought by
Nyiles Debra

Purchase Details

Closed on
Nov 14, 2001
Sold by
Hud
Bought by
Woods Robert

Purchase Details

Closed on
Apr 8, 1997
Sold by
Mcgettigan James
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,442
Interest Rate
7.86%

Purchase Details

Closed on
Nov 12, 1991
Sold by
Jafolla Joseph A
Bought by
Hutter Francis P and Hutter Susan J
Source: Public Records

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Range of Values:

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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
Chesshire Jonathan $285,000 Freedom Title & Abstract
Sabella Dennis $17,000 Freedom Title & Abstract Co
U S Bank Na $1,000 None Available
Nyiles Debra $71,936 --
Nyiles Debra $71,936 --
Woods Robert $71,936 Fidelity National Title Ins
Hud -- --
Hutter Francis P $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chesshire Jonathan $228,000
Previous Owner Sabella Dennis $136,000
Previous Owner Nyilas Debra $245,000
Previous Owner Nyilas Debra $100,000
Previous Owner Nyilas Debra G $100,000
Previous Owner Nyilas Debra $65,000
Previous Owner Hud $90,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $170,000 +49.1% $138 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $114,000 -- $92 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $6,140 $171,700 $54,600 $117,100
2023 $5,737 $171,700 $54,600 $117,100
2022 $5,737 $171,700 $54,600 $117,100
2021 $5,651 $171,700 $54,600 $117,100
2020 $5,536 $171,700 $54,600 $117,100
2019 $5,379 $171,700 $54,600 $117,100
2018 $5,266 $171,700 $54,600 $117,100
2017 $5,077 $171,700 $54,600 $117,100
2016 $4,847 $171,700 $54,600 $117,100
2015 $4,797 $171,700 $54,600 $117,100
2014 $4,636 $171,700 $54,600 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189556

Cape May County Association of REALTORS®

APN: 21-01616-0000-00009