$410,000
SOLD MAY 21, 2019

206 Harbour Cove Unit 206 Somers Point, NJ 08244

3 Beds
2 Baths
1,600 Sq Ft
566 Sq Ft Lot

Recently Sold

$256 Per Sq Ft

9% Below List Price

40 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Skylights
  • Mainland Regional High School Rated A-
  • Community Pool
  • Fireplace

About This Home

As of October 2023

Already included in the 433/mo condo fee ($333.00/mo + 100.00 assessment) is a 1200/yr assessment that was established to remove all cedar siding and replace with cedar impressions vinyl siding with Azek trim and to provide new roofs. This assessment will be approx 5 years.

Last Agent to Sell the Property

Robert Bond

COMPASS RE - Ocean City License #0458369 Listed on: 02/25/2019

COMPASS RE - Ocean City

Last Buyer's Agent

CHARLES (BUD) RINCK

FOX REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,044

Year Built

  • Built in 1984

Lot Details

  • Property Fronts a Bay or Harbor

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Wood Flooring
  • Water Views
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 1211

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,044

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water View
  • District Township: 17-Out Of County
  • Also Includes: Blinds
  • Estimated Year Built: 1984
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 206
  • Price per Sq Ft: 256.25
  • Selling Agent1: 4250
  • Selling Office1: 250
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm
  • Number Of Stories: Three
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1600
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Carport, 2 Car

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Unit: 206
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Bulkhead, Outside Shower, Pool
  • Condo Fees: 433
  • Unit Features: Fireplace, Walk-In/Cedar Closet, Hardwood Floors, Skylight
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 1
  • Total Assessment: 360100

Tax Info

  • Taxes: 11044.27
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 26, 2023
Sold by
Oleary David H and Oleary Andrea K
Bought by
Digangi Daniel M and Digangi Evanthia
Seller's Agent
CHARLES (BUD) RINCK
FOX REAL ESTATE-Asbury
Buyer's Agent
Douglas Weiland
Compass New Jersey-Ocean City (O463H)
List Price
$725,000
Sold Price
$725,000
Views
24
Current Estimated Value
$765,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,299
Avg. Annual Appreciation
2.84%
Original Mortgage
$580,000
Outstanding Balance
$570,131
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$195,168

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 21, 2019
Sold by
Saez Ferry Kurt and Saez Ferry Aixa
Bought by
Leary David H O and Leary Andrea K O
Seller's Agent
Robert Bond
COMPASS RE - Ocean City
Buyer's Agent
CHARLES (BUD) RINCK
FOX REAL ESTATE
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$225,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2009
Sold by
Nusbaum Judith S
Bought by
Ferry Kurt and Saez Ferry Aixa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1999
Sold by
Nusbaum Clifford and Latta Judith S
Bought by
Nusbaum Clifford and Nusbaum Judith S
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $725,000 None Listed On Document
Deed $410,000 North American Title Agency
Deed $365,000 Fidelity Natl Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $292,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $725,000 0.0% --
09/09/2023 09/09/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $725,000 +76.8% --
05/21/2019 05/21/19 Sold $410,000 -8.9% $256 / Sq Ft
03/01/2019 03/01/19 For Sale $449,900 -- $281 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $12,520 $350,100 $190,000 $160,100
2024 $12,520 $350,100 $190,000 $160,100
2023 $11,697 $350,100 $190,000 $160,100
2022 $11,697 $350,100 $190,000 $160,100
2021 $11,522 $350,100 $190,000 $160,100
2020 $11,287 $350,100 $190,000 $160,100
2019 $10,969 $350,100 $190,000 $160,100
2018 $11,044 $360,100 $200,000 $160,100
2017 $10,648 $360,100 $200,000 $160,100
2016 $10,166 $360,100 $200,000 $160,100
2015 $10,061 $360,100 $200,000 $160,100
2014 $9,723 $360,100 $200,000 $160,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186484

Cape May County Association of REALTORS®

APN: 21-01211-0000-00001-0000-C5206