NOT LISTED FOR SALE

1179 Lake Point Cove Elmer, NJ 08318

Estimated Value: $454,000 - $579,000

4 Beds
2.5 Baths
2,573 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $222,000 $86 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,615/month

Highlights

  • Water Oriented
  • Attic
  • Community Pool
  • Colonial Architecture
  • 2 Fireplaces
  • Tennis Courts

About This Home

As of March 2018

Perfect opportunity to own your dream home on the water in Palatine Lake. Beautiful lakefront views in an established community. Concreted bulkhead, screened porch, landscaped pathway leading to the Lake, attached garage that features 2 offices. Don't miss out on this one!

Last Agent to Sell the Property

Veronica Merriel

(856) 371-6042 ronnyre@aol.com Gruber Real Estate Agency Inc. License #8436574 Listed on: 11/01/2017

Last Buyer's Agent

Erin Owens

(856) 404-2733 ebeecher317@gmail.com BHHS Fox & Roach-Washington-Gloucester License #0231781

BHHS Fox & Roach-Washington-Gloucester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,355

Year Built

  • Built in 1980

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,573 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Attic

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 11-01512-00006

Community Details

Overview

  • Association fees include pool(s)
  • Palatine Lake Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,355

Year Built

Built in 1980

Lot Details

0

HOA Fees

$46 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: As Is
  • Inclusions: As Is
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1980
  • Remarks Public: Perfect opportunity to own your dream home on the water in Palatine Lake. Beautiful lakefront views in an established community. Concreted bulkhead, screened porch, landscaped pathway leading to the Lake, attached garage that features 2 offices. Don't miss out on this one!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2573
  • Living Area Sq Ft: 2573
  • Net Sq Ft: 2573.00
  • Price Per Sq Ft: 89.35
  • Above Grade Finished Sq Ft: 2573
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1179

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Access To Pool: Yes
  • Exterior Features: Street Lights
  • Roof: Pitched, Shingle
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396396

Lot Info

  • Improvement Assessed Value: 181900.00
  • Land Assessed Value: 84700.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.46
  • Lot Dimensions: IRR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2211686
  • Tax Annual Amount: 9355.00
  • Assessor Parcel Number: 11-01512-00006
  • Tax Lot: 00006
  • Tax Year: 2017
  • Close Date: 03/30/2018

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 30, 2018
Sold by
First National Bank
Bought by
Usher Daniel R and Rhine Amanda L
Seller's Agent
Veronica Merriel
Gruber Real Estate Agency Inc.
Buyer's Agent
Erin Owens
BHHS Fox & Roach-Washington-Gloucester
List Price
$239,900
Sold Price
$222,000
Premium/Discount to List
-$17,900
-7.46%
Current Estimated Value
$494,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,262
Avg. Annual Appreciation
11.26%
Original Mortgage
$284,123
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2017
Sold by
Toy St Thomas H and Toy Melva J
Bought by
First National Bank Of Elmer

Purchase Details

Closed on
Apr 16, 1993
Bought by
Toy Thomas H Sr + Melva J
Source: Public Records

Range of Values:

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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
Usher Daniel R $222,000 --
First National Bank Of Elmer -- None Available
Toy Thomas H Sr + Melva J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Usher Daniel R $284,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $222,000 -3.4% $86 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/17/2018 01/17/18 Price Changed $229,900 -4.2% $89 / Sq Ft
01/10/2018 01/10/18 For Sale $239,900 0.0% $93 / Sq Ft
11/01/2017 11/01/17 For Sale $239,900 -- $93 / Sq Ft
Source: Bright 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 $11,392 $266,600 $84,700 $181,900
2024 $10,845 $266,600 $84,700 $181,900
2023 $10,845 $266,600 $84,700 $181,900
2022 $10,704 $266,600 $84,700 $181,900
2021 $10,408 $266,600 $84,700 $181,900
2020 $10,120 $266,600 $84,700 $181,900
2019 $9,950 $266,600 $84,700 $181,900
2018 $9,728 $266,600 $84,700 $181,900
2017 $9,355 $266,600 $84,700 $181,900
2016 $8,888 $266,600 $84,700 $181,900
2015 $8,470 $266,600 $84,700 $181,900
2014 $8,118 $266,600 $84,700 $181,900
Source: Public Records

Agents Affiliated with this Home

  • Veronica Merriel

    Seller's Agent in 2018

    Veronica Merriel

    Gruber Real Estate Agency Inc.

    (856) 371-6042

    16 in this area

    120 Total Sales

    Veronica Merriel
    Section Image
  • Erin Owens

    Buyer's Agent in 2018

    Erin Owens

    BHHS Fox & Roach

    (856) 404-2733

    5 in this area

    96 Total Sales

    Erin Owens
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004121499

Bright MLS

APN: 11-01512-0000-00006

New Jersey Salem County Elmer 08318

1179 Lake Point Cove, Elmer, NJ

This home is located at 1179 Lake Point Cove, Elmer, NJ 08318 since 01 November 2017 and is currently estimated at $494,262, approximately $192 per square foot. This property was built in 1980. 1179 Lake Point Cove is a home located in Salem County with nearby schools including Elmer Elementary School, Pittsgrove Township Middle School, and Arthur P. Schalick High School.

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