NOT LISTED FOR SALE

16 Bayside Dr Unit 16 Somers Point, NJ 08244

Estimated Value: $531,000 - $690,000

3 Beds
3 Baths
2,054 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $245,000 $119 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,881/month

190 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property is near a marina
  • Wood Flooring
  • Mainland Regional High School Rated A-
  • Cathedral Ceiling
  • Great Room

About This Home

As of October 2018

Sunset Marina-tri-level second floor condo( largest model-2054 sq. ft.) with spectacular bay views. Open floor plan includes great room with cathedral ceiling, chef's kitchen with cherry cabinets, Corian counter tops, upgraded stainless steel appliances, breakfast bar, tile and hardwood floors and small deck with water view. This level also includes a first floor bedroom or office as well as a full bath. This spacious condo has two complete large master suites -one on the mid-level and an additional one on the top level with a luxurious master bath & his and her closets and a great water view. Property also includes garage with interior entrance. Halls are heated and air-conditioned by the association. Minutes from Ocean City Boardwalk & Beaches and Atlantic City Casinos.

Last Agent to Sell the Property

Cathy Laltrello

RE/MAX ATLANTIC License #RB-8036281 Listed on: 02/08/2018

RE/MAX ATLANTIC

Last Buyer's Agent

Susan Gardner

WEICHERT REALTORS ASBURY GROUP-OC

WEICHERT REALTORS ASBURY GROUP-OC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,818

Lot Details

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

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Property is near a marina

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / 2043

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, pool
  • Sunset Marina Condos

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,818

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Bedroom 1: Size: first flr br/office, On Level: Main
  • Bedroom 2: Size: large master suite, On Level: Upper
  • Bedroom 3: Size: 2nd master suite, On Level: Main
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: Size: area, On Level: Main
  • Kitchen: Size: main, On Level: Main
  • Living Room: Size: great room, On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room
  • Common Area Features: Pool

Exterior Features

  • Siding Exterior: Vinyl
  • Waterfront: Yes

Garage/Parking

  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • 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, Trash, Pool
  • Condo Name: Sunset Marina
  • Management: Association, Off-Site Professionals

Lot Info

  • Lot Number: 2
  • Location: Bay Front, Cul-De-Sac, Docks, Marina

Rental Info

  • Pets: Yes

Tax Info

  • Year: 2017
  • Taxes: 7818

Multi Family

  • Unit Features: Cathedral Ceiling(s), Foyer, Hardwood Floors, Master Bath, Pets Allowed, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Oct 10, 2018
Sold by
Rowan P Shawn and Rowan Denise
Bought by
Neal Jr Charles L O and Neal Carol A O
Seller's Agent
Cathy Laltrello
RE/MAX ATLANTIC
Buyer's Agent
Susan Gardner
WEICHERT REALTORS ASBURY GROUP-OC
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Current Estimated Value
$606,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,355
Avg. Annual Appreciation
13.51%

Purchase Details

Closed on
Sep 26, 2008
Sold by
Glassman Linda
Bought by
Rowan P Shawn and Rowan Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2007
Sold by
Strafella Glen
Bought by
Linda Glassman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
Campos Gabriel
Bought by
Strafella Glen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,300
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2003
Sold by
K Hovnanian At Somers Point In
Bought by
Campos Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Neal Jr Charles L O $245,000 The Title Co Of Jersey
Rowan P Shawn $310,000 The Title Company Of Jersey
Linda Glassman $620,000 --
Strafella Glen P $387,000 Surety Title Agency Of Atlan
Campos Gabriel $313,861 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rowan P Shawn $248,000
Previous Owner Linda Glassman $496,000
Previous Owner Strafella Glen P $348,300
Previous Owner Campos Gabriel $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2018 10/10/18 Sold $245,000 -2.0% $119 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $249,900 -3.8% $122 / Sq Ft
02/09/2018 02/09/18 Price Changed $259,900 +0.3% $127 / Sq Ft
02/08/2018 02/08/18 For Sale $259,000 -- $126 / Sq Ft
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
2025 $8,411 $235,200 $100,000 $135,200
2024 $8,411 $235,200 $100,000 $135,200
2023 $7,858 $235,200 $100,000 $135,200
2022 $7,858 $235,200 $100,000 $135,200
2021 $7,740 $235,200 $100,000 $135,200
2020 $7,583 $235,200 $100,000 $135,200
2019 $7,369 $235,200 $100,000 $135,200
2018 $7,214 $235,200 $100,000 $135,200
2017 $7,818 $264,400 $101,000 $163,400
2016 $7,865 $278,600 $101,000 $177,600
2015 $7,784 $278,600 $101,000 $177,600
2014 $7,765 $287,600 $110,000 $177,600
Source: Public Records

Agents Affiliated with this Home

  • Cathy Laltrello

    Seller's Agent in 2018

    Cathy Laltrello

    RE/MAX

    (609) 927-1063

    17 in this area

    21 Total Sales

    Cathy Laltrello
    Section Image
  • Susan Gardner

    Buyer's Agent in 2018

    Susan Gardner

    Weichert Corporate

    (609) 398-4400

    10 in this area

    57 Total Sales

    Susan Gardner
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 500530

South Jersey Shore Regional MLS

APN: 21-02043-0000-00002-0000-C0016

New Jersey Atlantic County Somers Point 08244

16 Bayside Dr Unit 16, Somers Point, NJ

Not Listed for Sale

Townhouses

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