NOT LISTED FOR SALE

120 Point Dr Unit 120 Somers Point, NJ 08244

Estimated Value: $734,545 - $889,000

3 Beds
2 Baths
-- Sq Ft
1,568 Sq Ft Lot

Last Sold October 20, 2022

Last sale price $765,000

Est. 5% increase in value since last sale

Current estimated payment $5,554/month

79 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Unit is on the top floor
  • Egg Harbor Township High School Rated A
  • Property is near a marina
  • Deck

About This Home

As of October 2022

Always wanted to wake up and have a water view all day, this is it! This Somers Point unit is an impeccable turnkey second floor panoramic bayfront luxury condo. This amazing unit is located in the desirable South Pointe gated community that boasts a large heated pool, on site marina, boardwalk/gazebo area, and has fantastic living space inside and out. As you walk into the home you are dazzled right away with breathtaking views while amongst a luxuriously finished unit, that offers engineered hardwood flooring, a detail trim package, with crown molding, stately baseboards, and an exquisite fireplace with shiplap backdrop. The fully equipped kitchen with white shaker cabinets, gorgeous quartz countertops and stainless steel appliance package flows into the open floor plan that offers sprawling bay views all leading to the great deck area! In the large master-ensuite you will wake up to more breath taking views in a magnificent fashion. There is amazing space with a large tiled shower with a seamless glass door and a private commode. There are two additional bedrooms having ample room and tastefully done with a touch of class offering more nice outside place to relax, and a common bath. Furthermore, there is plenty of storage and a laundry room. The condo is ready to go for the fussiest buyer who is looking for simple living in a luxury lifestyle. PET FRIENDLY

Last Agent to Sell the Property

JACK ZABOROWSKI

eXp Realty - Ocean City S382K License #0338769 Listed on: 06/06/2022

eXp Realty - Ocean City S382K

Last Buyer's Agent

Emily Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0459101

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,703

Year Built

  • Built in 1987

Lot Details

  • Property Fronts a Bay or Harbor
  • Cul-De-Sac

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina
  • Deck

Location

  • Unit is on the top floor

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, water, pool
  • Southpointe Condos

Recreation

  • Boat Dock
  • Community Boardwalk
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,703

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Drapes, Partially Furnished
  • Lvt Date: 06/07/2022
  • Year Built: 1987
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Dock/Boat Slip, Pool

Exterior Features

  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Garage: Three Or More Cars
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Gas
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Water, Pool
  • Condo Name: Southpointe
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Bay Front, Boardwalk Front, Bulkheaded, Cul-De-Sac, Docks, Marina, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Oct 13, 2022
Sold by
Pileggi John and Pileggi Stacy
Bought by
Jungels Bradford S
Seller's Agent
JACK ZABOROWSKI
eXp Realty - Ocean City S382K
Buyer's Agent
Emily Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$799,900
Sold Price
$765,000
Premium/Discount to List
-$34,900
-4.36%
Views
77
Current Estimated Value
$805,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,889
Avg. Annual Appreciation
-0.31%
Original Mortgage
$608,000
Outstanding Balance
$588,532
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$169,850

Purchase Details

Closed on
Nov 20, 2007
Sold by
Welsford Frederick S and Welsford Lee M
Bought by
Pileggi John J and Pileggi Stacy

Purchase Details

Closed on
Oct 23, 2003
Sold by
Minghenelli Dawn
Bought by
Minghenelli Steve

Purchase Details

Closed on
May 27, 1999
Sold by
Blair Bruce
Bought by
Minghenelli Steve and Minghenelli Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.99%
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
Jungels Bradford S $760,000 Title Company Of Jersey
Pileggi John J $375,000 Independence Abstract & Titl
Minghenelli Steve -- --
Minghenelli Steve $186,000 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jungels Bradford S $608,000
Previous Owner Minghenelli Steve $148,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $765,000 0.0% --
08/24/2022 08/24/22 Pending -- -- --
08/19/2022 08/19/22 Off Market $765,000 -- --
06/20/2022 06/20/22 Price Changed $774,900 -3.1% --
06/06/2022 06/06/22 For Sale $799,900 -- --
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 $13,703 $383,200 $220,000 $163,200
2023 $12,803 $383,200 $220,000 $163,200
2022 $12,803 $383,200 $220,000 $163,200
2021 $12,611 $383,200 $220,000 $163,200
2020 $12,354 $383,200 $220,000 $163,200
2019 $12,006 $383,200 $220,000 $163,200
2018 $11,753 $383,200 $220,000 $163,200
2017 $11,331 $383,200 $220,000 $163,200
2016 $10,818 $383,200 $220,000 $163,200
2015 $10,707 $383,200 $220,000 $163,200
2014 $10,346 $383,200 $220,000 $163,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 563815

South Jersey Shore Regional MLS

APN: 21-02018-0000-00005-0000-C0120