NOT LISTED FOR SALE

22 Cove Rd Moorestown, NJ 08057

Estimated Value: $1,495,000 - $1,786,000

4 Beds
4.5 Baths
4,381 Sq Ft
$366/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $1,600,000 $365 Per Sq Ft

Current estimated payment $10,575/month

49 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Private Water Access
  • View of Trees or Woods
  • South Valley Elementary School Rated A+
  • Eat-In Gourmet Kitchen
  • Commercial Range

About This Home

As of September 2023

Spectacular Contemporary Colonial Estate Home that sits on over 5 acres that backs up to incredible views of the Rancocas Creek. It has an open floor plan with Cathedral Ceilings, and a fantastic new High-End Kitchen with all-new Wolf, Subzero Appliances, and KraftMaid Cabinetry. The kitchen and Sunroom have beautiful views of Rancocas Creek. Engineered Hardwood Flooring throughout. The first floor also consists of an office/study/library room with surrounding windows. The second floor has a beautiful master suite and new master bath, an extremely huge walk-in closet., and a veranda with Waterview. Three more large-sized bedrooms with upgraded bathrooms and walk-in closets, also a convenient 2nd-floor laundry room. Back down to the full-sized finished basement with a full bath and wet-dry bar. This home needs nothing more! Move right in and enjoy all the upgrades and amenities!

*Best to view added upgrades and options sheet!
*This will provide you with the many items that these owners have added.
*Enjoy the breathtaking pictures
*Come view this stunning home!
*Make a personal appointment to view this property with George
*Anyone who enters must wear booties or remove footwear...

Last Agent to Sell the Property

George Archut

(856) 261-5449 georgearchut1@hotmail.com Herron Real Estate License #0335725 Listed on: 06/19/2023

Last Buyer's Agent

Jane Hipple

(856) 600-7893 jane.hipple@compass.com Compass New Jersey, LLC - Moorestown

Compass New Jersey, LLC - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,574

Year Built

  • Built in 1995

Lot Details

  • 5.1 Acre Lot
  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Corner Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition

Parking

  • 3 Car Direct Access Garage
  • 4 Driveway Spaces
  • Lighted Parking
  • Side Facing Garage

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Colonial Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 4,381 Sq Ft Home
  • Property has 2 Levels
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Double Hung Windows
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Front Loading Washer

Finished Basement

  • Heated Basement
  • Drainage System

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Private Water Access
  • Stream or River on Lot
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Risk
  • Property is near a creek

Schools

  • Moorestown Upper Elementary School
  • Moorestown Upper Middle School
  • Moorestown High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Peachtree Point Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 22-08500-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,574

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: exchanging hallway chandelier, personal items
  • Inclusions: all appliances, most window treatments(see george), master bedroom built-in electric fireplace and built-in wall TV
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Commercial Range, Built-In Range, Built-In Microwave, Dishwasher, Dryer, Energy Efficient Appliances, Exhaust Fan, Icemaker, Instant Hot Water, Oven/Range - Gas, Oven - Wall, Refrigerator, Stainless Steel Appliances, Six Burner Stove, Washer - Front Loading, Water Heater - High-Efficiency
  • Interior Amenities: Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Crown Moldings, Curved Staircase, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Bedroom 1, Sun/Florida Room, Laundry, Office, Bathroom 3, Attic
  • Basement: Yes
  • Basement Type: Drainage System, Fully Finished, Heated
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4381
  • Living Area Sq Ft: 4381
  • Price Per Sq Ft: 365.21
  • Above Grade Finished Sq Ft: 4381
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Brick Front, Vinyl Siding, Stone
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Trees/Woods, Water, Creek/Stream
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Lighted Parking, Private
  • Garage Features: Garage - Side Entry, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: MOORESTOWN UPPER ELEM
  • High School: MOORESTOWN H.S.
  • Middle Or Junior School: MOORESTOWN UPPER

Lot Info

  • Horses: No
  • Lot Features: Corner, Front Yard, Landscaping, Partly Wooded, Private, Rear Yard, Sideyard(s), Stream/Creek
  • Lot Size Acres: 5.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 222156.00
  • Outdoor Living Structures: Patio(s), Balcony
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 24574.00
  • Assessor Parcel Number: 22-08500-00011
  • Tax Lot: 00011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Sep 15, 2023
Sold by
Palmieri Raymond and Palmieri Oksana
Bought by
Patel Sapna and Stewart Ryan Alexander
Seller's Agent
George Archut
Herron Real Estate
Buyer's Agent
Jane Hipple
Compass New Jersey, LLC - Moorestown
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%
Views
308
Current Estimated Value
$1,603,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,181
Avg. Annual Appreciation
0.09%
Original Mortgage
$1,280,000
Outstanding Balance
$1,254,294
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$348,887

Purchase Details

Closed on
Jun 26, 2019
Sold by
Palmieri Property Enterpises Llc
Bought by
Palmeri Raymod

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 23, 2017
Sold by
Perpetua Anthony and Perpetua Cheryl A
Bought by
Palmieri Property Enterprises Llc
Seller's Agent
Jenny Albaz
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Lester Argus
Coldwell Banker Argus Real Estate
List Price
$979,000
Sold Price
$945,000
Premium/Discount to List
-$34,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Feb 8, 2006
Sold by
Perpetua Anthony and Perpetua Cheryl A
Bought by
Perpetua Anthony and Perpetua Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2004
Sold by
Bongiorno Charles P and Bongiorno Bonnee M
Bought by
Perpetua Anthony and Wolfe Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,250
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1994
Sold by
Kosloff Theodore L and Kosloff Phyllis Y
Bought by
Bongiorno Charles P and Bongiorno Bonnee M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Sapna $1,600,000 American Land Title
Patel Sapna $1,600,000 American Land Title
Palmeri Raymod -- Landis Title Corp
Palmieri Property Enterprises Llc $945,000 Foundation Title
Perpetua Anthony -- Citizens Title Ins Agency
Perpetua Anthony $919,000 Weichert Title Agency
Bongiorno Charles P $180,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sapna $1,280,000
Closed Patel Sapna $1,280,000
Previous Owner Perpetua Anthony $450,000
Previous Owner Perpetua Anthony $689,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $1,600,000 +3.2% $365 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $1,550,000 -2.8% $354 / Sq Ft
06/19/2023 06/19/23 For Sale $1,595,000 +68.8% $364 / Sq Ft
06/23/2017 06/23/17 Sold $945,000 -3.5% $216 / Sq Ft View Prior Sale
06/14/2017 06/14/17 Pending -- -- --
04/16/2017 04/16/17 For Sale $979,000 +3.6% $223 / Sq Ft
04/16/2017 04/16/17 Pending -- -- --
04/15/2017 04/15/17 Off Market $945,000 -- --
04/10/2017 04/10/17 For Sale $979,000 -- $223 / 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 $25,604 $902,500 $288,800 $613,700
2024 $24,828 $902,500 $288,800 $613,700
2023 $24,828 $902,500 $288,800 $613,700
2022 $24,575 $902,500 $288,800 $613,700
2021 $24,250 $902,500 $288,800 $613,700
2020 $24,097 $902,500 $288,800 $613,700
2019 $23,673 $902,500 $288,800 $613,700
2018 $23,032 $902,500 $288,800 $613,700
2017 $23,230 $902,500 $288,800 $613,700
2016 $23,149 $902,500 $288,800 $613,700
2015 $22,869 $902,500 $288,800 $613,700
2014 $21,714 $902,500 $288,800 $613,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2048434

Bright MLS

APN: 22-08500-0000-00011