$205,000
SOLD SEP 1, 2023
2 Beds
3.5 Baths
1,362 Sq Ft
1,350 Sq Ft Lot

Recently Sold

$151 Per Sq Ft

15% Below List Price

103 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Laundry Room
  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Imagine having a location like this in The Cove of AC at this Price with LOW taxes & the LOWEST Condo fee on a 2bdrm in the entire city! Located Front of Back Bay Ale House and Gilchrist, close to inkwell Beach with its own life guard and comfort station, fishing piers and jetties, Farley's Marina, AC Aquarium, Restaurants, Casinos, the Boardwalk, & Gardner's Basin! Great for a vacation home, primary home or even great as an annual rental investment Property. Can't be beat the location. Take a two minute walk to Historic Gardner's Basin where you can enjoy breakfast, lunch, and diners at Gilchrist, Back Bay Ale House or Kelsey & Kim's and spend the day at the AC Aquarium. Also in close proximity is the Absecon Lighthouse, Little Water Distillery, Recreational Sports Fields, The Borgata, Harrah's, Golden Nugget, Farley Marina, Hard Rock, Resorts, Ocean Resort, Showboat and the new Indoor Water Park! This development is close to public transportation and easily accessible from Route 30 White Horse Pike and the AC Expressway. It also features an in-ground pool and clubhouse for unit owners. Being sold strictly as is. Tenant Occupied. Buy now with a few Bitcoins or ask about Private Financing Available Starting at 10%

Last Agent to Sell the Property

Silvette Rivera

WEICHERT REALTORS ASBURY GROUP-AC License #1864018 Listed on: 04/24/2023

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

Heather Leek

FARLEY and FERRY REALTY, INC License #1974102

FARLEY and FERRY REALTY, INC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,039

Year Built

  • Built in 1994

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Carpet
  • Storage In Attic

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include amenities, management, maintenance, pool
  • The Cove Condos

Amenities

  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,039

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 04/25/2023
  • Year Built: 1994
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Laundry/Utility Room, Storage Attic
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Pool

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Amenities, Management, Maintenance, Pool
  • Condo Name: The Cove
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Sep 1, 2023
Sold by
Terra Carrie
Bought by
Barnabei James and Barnabei Lisa
Seller's Agent
Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Heather Leek
FARLEY and FERRY REALTY, INC
List Price
$240,000
Sold Price
$205,000
Premium/Discount to List
-$35,000
-14.58%
Views
474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$150,000
Outstanding Balance
$147,518
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$94,631

Purchase Details

Closed on
Dec 3, 2003
Sold by
Marakos Sophia
Bought by
Terra Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5%
Mortgage Type
Unknown
Source: Public Records

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    Rajan Khullar BHHS Fox & Roach-Northfield

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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 Type Sale Price Title Company
Deed $205,000 The Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $99,000 Unknown
Previous Owner $62,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $220,000 -3.9% $162 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $229,000 -4.2% $168 / Sq Ft
12/02/2024 12/02/24 Price Changed $239,000 -4.0% $175 / Sq Ft
11/11/2024 11/11/24 For Sale $249,000 +21.5% $183 / Sq Ft
09/01/2023 09/01/23 Sold $205,000 -13.5% $151 / Sq Ft
08/16/2023 08/16/23 Price Changed $237,000 +3.0% $174 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
07/20/2023 07/20/23 Price Changed $230,000 -3.0% $169 / Sq Ft
07/05/2023 07/05/23 Price Changed $237,000 -1.3% $174 / Sq Ft
04/24/2023 04/24/23 For Sale $240,000 0.0% $176 / Sq Ft
04/01/2016 04/01/16 Rented -- -- --
03/02/2016 03/02/16 Under Contract -- -- --
12/29/2015 12/29/15 For Rent -- -- --
10/15/2013 10/15/13 Rented -- -- --
09/15/2013 09/15/13 Under Contract -- -- --
08/28/2013 08/28/13 For Rent -- -- --
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 $4,039 $117,000 $45,000 $72,000
2023 $4,419 $117,000 $45,000 $72,000
2022 $4,419 $117,000 $45,000 $72,000
2021 $4,564 $117,000 $45,000 $72,000
2020 $4,603 $117,000 $45,000 $72,000
2019 $3,904 $98,000 $49,000 $49,000
2018 $3,462 $98,000 $49,000 $49,000
2017 $3,353 $98,000 $49,000 $49,000
2016 $3,783 $98,000 $49,000 $49,000
2015 $6,433 $188,000 $94,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573360

South Jersey Shore Regional MLS

APN: 02-00105-0000-00001-0000-C2603