NOT LISTED FOR SALE

901 Shore Rd Unit 2 Somers Point, NJ 08244

Estimated Value: $536,797 - $785,000

3 Beds
3.5 Baths
-- Sq Ft
610 Sq Ft Lot

Last Sold February 01, 2021

Last sale price $320,000

Est. 99% increase in value since last sale

Current estimated payment $4,277/month

113 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Laundry Room
  • Mainland Regional High School Rated A-
  • Building Patio
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

PRISTINE, multi-level condo just 0.2 miles to the Route 52 Bridge into Ocean City, NJ, with Somers Point's popular bars & restaurants, like Josie Kelly's, Gregory's, Charlie's & Crab Trap to name a few. Enjoy 2,100 sqft. of spacious 3 levels of living space with a large family room, updated kitchen, hardwood floors, 3 bedrooms, 3.5 baths, 1 garage parking, 1 parking spot in rear of building and the only unit with both WATER VIEW & GARAGE!

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K License #SP-9134206 Listed on: 09/12/2020

Last Buyer's Agent

Daniel White

DANIEL R WHITE, REALTORS License #8838071

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,758

Year Built

  • Built in 2005

Lot Details

  • 610

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Amenities

  • Building Patio

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,758

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 09/12/2020
  • Year Built: 2005
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Patio

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Feb 1, 2021
Sold by
Williams John and Williams Andrea
Bought by
White Daniel R and Kerrigan Patricia
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Daniel White
DANIEL R WHITE, REALTORS
List Price
$369,000
Sold Price
$320,000
Premium/Discount to List
-$49,000
-13.28%
Current Estimated Value
$636,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,699
Avg. Annual Appreciation
17.01%
Original Mortgage
$100,000
Outstanding Balance
$75,443
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$561,256

Purchase Details

Closed on
Apr 28, 2010
Sold by
Peffall Richard and Peffall Nancy K
Bought by
Paparone Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2006
Sold by
Tri Assoiates Lc
Bought by
Posselt Francis and Posselt Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2005
Sold by
Trio Associates Llc
Bought by
Peffal Richard and Peffal Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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
White Daniel R $320,000 Foundation Title Llc Marlton
Paparone Heather L $275,000 Commonwealth Land Title Insu
Posselt Francis $350,000 --
Peffal Richard $359,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Daniel R $100,000
Closed White Daniel R $100,000
Previous Owner Paparone Heather L $247,500
Previous Owner Peffal Richard $287,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $320,000 0.0% --
01/03/2021 01/03/21 Pending -- -- --
12/14/2020 12/14/20 Price Changed $319,900 -2.8% --
11/12/2020 11/12/20 Price Changed $329,000 -5.7% --
10/05/2020 10/05/20 Price Changed $349,000 -5.4% --
09/12/2020 09/12/20 For Sale $369,000 -- --
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 $8,758 $244,900 $75,000 $169,900
2023 $8,182 $244,900 $75,000 $169,900
2022 $8,182 $244,900 $75,000 $169,900
2021 $8,060 $244,900 $75,000 $169,900
2020 $7,896 $244,900 $75,000 $169,900
2019 $7,673 $244,900 $75,000 $169,900
2018 $7,511 $244,900 $75,000 $169,900
2017 $6,059 $204,900 $35,000 $169,900
2016 $5,784 $204,900 $35,000 $169,900
2015 $5,725 $204,900 $35,000 $169,900
2014 $5,532 $204,900 $35,000 $169,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541980

South Jersey Shore Regional MLS

APN: 21-01815-0000-00012-0000-C0002