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148 Bala Drive

148 Bala Drive, Somers Point, NJ 08244
Property in Somers Point
Sold Feb 21, 2017
$129,000
$126,663 by Atlantic Home Loans Inc
Mortgage Due Mar 01, 2047
Sold Aug 12, 2003
$137,900
$124,110 by Argent Mort Co
Mortgage
Local assessors in Somers Point, NJ have categorized 148 Bala Drive as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 7,501 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 750 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 148 Bala Drive has a total of 822 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 148 Bala Drive sold most recently in Feb 10, 2017 for a total of $129,000. If you work out the math, that's approximately a cost of $156.93 per sqft. Before that, the property was also sold for $137,900 in Jul 18, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,915 in taxes each year. 148 Bala Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $147,100. If we break it down further, the land itself was valued at $67,500. Improvements to the property, however, were assessed at a total of $79,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 822
  • Building Area: 822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OLSON MATTHEW
  • Previous Owner : CROMLEY RAYMOND G
  • Owner Before Previous Owner: RUGGIERO ADELHEIT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mainland Regional School District
  • Census Tract: 012701

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 21
  • Parcel: 21 01631-0000-00017
  • Block: 1631
  • Lot: 17
  • Municipality: SOMERS POINT
  • Latitude: 39.3254
  • Longitude: -74.6143

    Address

  • Full Address: 148 Bala Dr
  • Address - House Number: 148
  • Address - Street Name: Bala
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Somers Point
  • Carrier Code: C003
  • 4-Digit Zip Code: 1312
  • Zip Code: 08244

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,915

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 144,882
  • High Value: 208,378
  • Low Value: 81,385

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,663
  • First Open Lien Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 21, 2017
  • First Open Lien Mortgage Loan Amount: $126,663
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2047

    Market Valuation

  • Market Total Value: $147,100
  • Market Land Value: $67,500
  • Market Improvement Value: $79,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,100
  • Assessed Land Value: $67,500
  • Assessed Improvements Value: $79,600

    Sales

  • Current Sale Contract Date: Feb 10, 2017
  • Current Sale Recording Date: Feb 21, 2017
  • Current Sale Transaction ID: 1806361375
  • Current Sale Price: $129,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017009824
  • Previous Sale Recording Date: Aug 12, 2003
  • Previous Sale Contract Date: Jul 18, 2003
  • Previous Sale Amount: $137,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Mortgage Transaction Date: Feb 21, 2017
  • First Mortgage Loan Amount: $126,663
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MORT CO
  • Previous Mortgage Transaction Date: Aug 12, 2003
  • Previous Mortgage Loan Amount: $124,110
  • Previous Mortgage Term: 360

About Somers Point



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Frequently Asked Questions

What neighborhood is 148 Bala Drive located in?
The 148 Bala Drive is a located in the neighborhood of Somers Point in Somers Point, Somers Point.
What is the average sales price for listings in 148 Bala Drive?
The average sales price for units in 148 Bala Drive is $0 currently.

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