NOT LISTED FOR SALE

87 W Laurel Dr Somers Point, NJ 08244

Estimated Value: $390,000 - $443,513

3 Beds
2 Baths
1,263 Sq Ft
$324/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $385,000 $305 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,620/month

124 Days on Market

Highlights

  • Ranch Style House
  • Mainland Regional High School Rated A-
  • Central Air

About This Home

As of March 2024

*Property is on a "busier" street* Come see this beautifully updated rancher with plenty of open concept space, and a great partially fenced-in yard. This rancher is perfect for single level living, with all 3 bedrooms, 2 full bathrooms, and laundry on the main floor. The owner has fully renovated the kitchen by adding newer appliances, new cabinetry, and quartz counter tops. The owner has also upgraded the heating system, replaced the roof, added new flooring throughout, what more could you ask for? All of this is beautifully accented by recess lighting, and smart door locks, that enhance the modern feel. The owner also added smart blind technology, throughout the living space, which can have predetermined automatic settings, or be controlled by bluetooth device. Here on Laurel Drive you're 5 minutes away from Ocean City, NJ and minutes away from the shopping centers which have grocery stores, a target, gyms, and more. Property is also listed in Bright MLS number - NJAC2010176. Please see agent remarks for showings information.

Last Agent to Sell the Property

Alex Robinson

KELLER WILLIAMS REALTY-CHERRY HILL Listed on: 10/23/2023

KELLER WILLIAMS REALTY-CHERRY HILL

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,532

Year Built

  • Built in 1965

Lot Details

  • 7,405

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Crawl Space

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,532

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 06/11/2024
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Basement: Crawl Space

Garage/Parking

  • Driveway: Blacktop
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Dimensions: .1653 Acres
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Mar 29, 2024
Sold by
Davis Roselin I and Davis Steven G
Bought by
Valentin Maribel
Seller's Agent
Alex Robinson
KELLER WILLIAMS REALTY-CHERRY HILL
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$449,000
Sold Price
$385,000
Premium/Discount to List
-$64,000
-14.25%
Views
749
Current Estimated Value
$408,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,878
Avg. Annual Appreciation
4.12%
Original Mortgage
$346,500
Outstanding Balance
$341,184
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$67,694

Purchase Details

Closed on
Jul 20, 2022
Sold by
Natello Sam and Natello Annalee D
Bought by
Davis Roselin I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2018
Sold by
Natello Sam and Natello Paul
Bought by
Natello Sam and Natello Annalee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Petrillo Catherine
Bought by
Natello Sam and Natello Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,482
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Petrillo Peter and Petrillo Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2003
Sold by
Kalita Donna
Bought by
Panico Aimee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,900
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1995
Sold by
Troutt Benjamin J
Bought by
Kalita Donna
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
Valentin Maribel $385,000 Group 21 Title
Davis Roselin I $305,000 Sjs Title
Natello Sam -- Landguard Title Serivces
Natello Sam $139,000 Title Resources Guaranty Co
Petrillo Peter $163,000 None Available
Panico Aimee $153,900 --
Panico Aimee L $153,900 The Title Company Of Jersey
Kalita Donna $99,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentin Maribel $346,500
Previous Owner Davis Roselin I $299,475
Previous Owner Natello Sam $144,750
Previous Owner Natello Sam $120,400
Previous Owner Natello Sam $136,482
Previous Owner Petrillo Peter $10,000
Previous Owner Petrillo Peter $115,000
Previous Owner Panico Aimee $185,500
Previous Owner Panico Aimee L $138,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $385,000 -3.7% $305 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $399,999 -3.6% $317 / Sq Ft
11/16/2023 11/16/23 Price Changed $415,000 -3.3% $329 / Sq Ft
11/07/2023 11/07/23 Price Changed $429,000 -4.5% $340 / Sq Ft
10/23/2023 10/23/23 For Sale $449,000 +223.0% $356 / Sq Ft
03/11/2013 03/11/13 Sold $139,000 0.0% $110 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
03/12/2012 03/12/12 For Sale $139,000 -- $110 / 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
2025 $5,532 $154,700 $32,700 $122,000
2024 $5,532 $154,700 $32,700 $122,000
2023 $4,657 $154,300 $32,700 $121,600
2022 $4,657 $139,400 $32,700 $106,700
2021 $4,588 $139,400 $32,700 $106,700
2020 $4,494 $139,400 $32,700 $106,700
2019 $4,367 $139,400 $32,700 $106,700
2018 $4,275 $139,400 $32,700 $106,700
2017 $4,122 $139,400 $32,700 $106,700
2016 $3,935 $139,400 $32,700 $106,700
2015 $3,895 $139,400 $32,700 $106,700
2014 $4,439 $164,400 $57,700 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 579024

South Jersey Shore Regional MLS

APN: 21-01628-0000-00004