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Sold for $345,000
    • $345,000

    508 Rhode Island Ave, Somers Point, NJ 08244

    2beds
    --sqft
    Single Family Residence
    Built in 1932
    5,000 Square Feet Lot
    $391,600 Zestimate®
    $--/sqft
    $2,552 Estimated rent

    Home value

    $391,600

    $368,000 - $415,000

    $2,552/mo

    Zestimate® history
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    What's special

    Gas heating systemFull wallCozy gas log fireplaceAmple storageLaundry centerPrivate bathSpacious walk-in closet
    PROERTY IS UNDER CONTRACT - NO MORE SHOWINGS! MULTIPLE OFFERS WERE RECEIVED! This amazing home at 508 Rhode Island stands out as the ultimate vacation home, offering a unique design that would also be perfect for year-round living. With separate living areas on both floors, it's perfect for downsizing, providing ample storage in the full basement. The first floor's open layout with a kitchen, breakfast bar, and a cozy gas log fireplace creates a welcoming atmosphere. The primary bedroom boasts a full wall of closet space and a conveniently adjacent bathroom. The second floor, accessed through a “hidden” stairwell, transforms into an ideal suite for in-laws, young adults, or a peaceful retreat. Complete with a living/bedroom area, private bath, and spacious walk-in closet, it's versatile for various activities. The bright and dry basement houses the gas heating system, hot water heater, and laundry center. In the warmer months, the landscaped rear yard becomes an entertainment hub with a garden, picnic area, fire pit, and conversational space. Conveniently located near Ocean City beaches and amenities, this home is a SHORE bet!

    Zillow last checked:

    Listing updated:

    Listed by:

    BARBARA KYLE 609-226-4188,

    BALSLEY/LOSCO

    Bought with:

    KIMANN CALABRESE, 9702902

    Source: SJSRMLS,MLS#: 581024MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Great Room, Laundry, Workshop
    Bedroom 1
    • Level: Lower
    Bedroom 2
    • Level: Upper
    Family room
    • Level: Lower
    Living room
    • Level: Lower
    Heating
    • Forced Air, Natural Gas, Multi-Zoned
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Washer
    Features
    • Carbon Monoxide Detector, Kitchen Island, Walk-In Closet(s), Eat-in Kitchen
    • Flooring: Hardwood, Laminate, Tile, W/W Carpet
    • Windows: Blinds, Screens
    • Basement: Full,Outside Entrance,Unfinished
    • Has fireplace: Yes
    • Fireplace features: Gas Log, Living Room

    Property

    Parking
    • Total spaces: 1
    • Parking features: None
    Features
    • Patio & porch: Deck
    • Exterior features: Deck, Fenced Yard, Shed
    • Fencing: Fenced
    Lot
    • Size: 5,000 Square Feet
    • Dimensions: 50 x 100
    Details
    • Additional structures: Greenhouse, Shed
    • Parcel number: 1320

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Masonry/Block, Vinyl
    Condition
    • New construction: No
    • Year built: 1932

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke/Fire Alarm
    Location
    • Region: Somers Point

    Financial & listing details

    • Tax assessed value: $144,400
    • Annual tax amount: $4,677
    • Date on market: 1/6/2024
    • Date available: 01/06/2024
    • Inclusions: Blinds, Partially Furnished

    Price history

    DateEventPrice
    2/13/2024Sold$345,000+3%
    Source: SJSRMLS #581024 Report a problem
    1/16/2024Pending sale$335,000
    Source: SJSRMLS #581024 Report a problem
    1/6/2024Listed for sale$335,000+103%
    Source: SJSRMLS #581024 Report a problem
    3/29/2012Listing removed$165,000
    Source: Visual Tour #381734 Report a problem
    2/18/2012Listed for sale$165,000+17.9%
    Source: Visual Tour #381734 Report a problem
    12/2/2011Sold$140,000-21.8%
    Source: Public Record Report a problem
    8/18/2011Listing removed$179,000
    Source: Prudential Fox and Roach #376528 Report a problem
    6/28/2011Price change$179,000-5.3%
    Source: Prudential Fox and Roach #376528 Report a problem
    6/22/2011Listed for sale$189,000-5%
    Source: Prudential Fox and Roach #376528 Report a problem
    5/6/2011Listing removed$199,000
    Source: Listhub #376528 Report a problem
    5/4/2011Price change$199,000-4.8%
    Source: Listhub #376528 Report a problem
    4/13/2011Price change$209,000-8.7%
    Source: Listhub #376528 Report a problem
    4/2/2011Listed for sale$229,000+99.1%
    Source: Listhub #376528 Report a problem
    1/26/2009Sold$115,000-30.3%
    Source: Public Record Report a problem
    5/4/2008Listing removed$164,900
    Source: NCI #317181 Report a problem
    2/22/2008Listed for sale$164,900
    Source: NCI #317181 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,164 +3.1%$144,400 +3.1%
    2024$5,006 +3.1%$140,000
    2023$4,858 +5.4%$140,000
    2022$4,607 +2.1%$140,000
    2021$4,514 +2.9%$140,000
    2020$4,386 +2.2%$140,000
    2019$4,294 +3.7%$140,000
    2018$4,140 +4.7%$140,000
    2017$3,952 +1%$140,000
    2016$3,912 +3.5%$140,000
    2015$3,780 -4.7%$140,000
    2014$3,966 +8.3%$140,000 +64.1%
    2013$3,662 -0.5%$85,300
    2012$3,681 +3.9%$85,300
    2011$3,544 +3.6%$85,300
    2010$3,421 +20%$85,300 +16.8%
    2009$2,851 +1.7%$73,000
    2008$2,804 +4.2%$73,000
    2007$2,691 $73,000
    2006-- $73,000
    2005-- $73,000
    2004-- $73,000
    2003-- $73,000
    2002-- $73,000
    2001-- $73,000
    Find assessor info on the county website

    Neighborhood: 08244

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    Estimated market value
    $391,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $391,600

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