NOT LISTED FOR SALE

31 Cove Rd Moorestown, NJ 08057

Estimated Value: $1,341,661 - $1,548,000

5 Beds
3.5 Baths
4,533 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $999,999 $221 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,426/month

57 Days on Market

Highlights

  • 2.07 Acre Lot
  • Traditional Architecture
  • Wood Flooring
  • South Valley Elementary School Rated A+
  • Cathedral Ceiling
  • 2 Fireplaces

About This Home

As of August 2018

A spectacular display of expert architecture and amazing finishes, this stunning custom estate is one of a kind and set on 2 private acres. Enter thru the impressive front entrance with a unique English Courtyard. This home has gorgeous hardwood flooring and magnificent moldings throughout. The new kitchen is straight out of a magazine with a massive 12' island with seating for 8, waterfall quartz countertops, high-end cabinetry, Wolf cooktop, 2 dishwashers and elegant light fixtures. Adjoining the kitchen is a sun-filled breakfast room. The Kitchen is open to the cozy family room with an amazing stone fireplace and oak mantle. The living/entertainment room has another wood burning fireplace, a wet bar complete with an ice maker and a wine refrigerator. The private study has large custom built-in stately bookshelves. The master suite is a relaxing retreat with soaring ceilings, sitting room, a very large and unique custom closet and a spa-like master bath. The 2nd level has an additional 4 more bedrooms with one of them having its own full bath and 2 of the bedrooms with a jack and jill bathroom. The basement is beautifully finished with a couple of different areas for the family to enjoy. Relax on the screen-in porch with an entrance off the kitchen. Entertain like none other in the amazing backyard on a large patio with slate and pavers. Homes like this do not come around too often. Book your private showing today.

Last Agent to Sell the Property

Sam Lepore

(856) 297-6827 sam@samlepore.com Keller Williams Realty - Moorestown License #RS355976 Listed on: 05/21/2018

Keller Williams Realty - Moorestown

Last Buyer's Agent

Michael Fabrizio

(609) 221-7123 mike@mikefabrizio.com RE/MAX Access

RE/MAX Access

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,500

Year Built

  • Built in 1989

Lot Details

  • 2.07 Acre Lot
  • Sprinkler System
  • Property is in good condition

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,533 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio

Schools

  • Wm Allen Iii Middle School
  • Moorestown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Peachtree Point Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 22-08501-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,500

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4533
  • Living Area Sq Ft: 4533
  • Net Sq Ft: 4533.00
  • Price Per Sq Ft: 231.63
  • Above Grade Finished Sq Ft: 4533
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Exterior Features: Lawn Sprinkler
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MOORESTOWN
  • Middle Or Junior School: WM ALLEN III

Lot Info

  • Improvement Assessed Value: 531400.00
  • Land Assessed Value: 258600.00
  • Lot Size Acres: 2.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 90213.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1688934
  • Tax Annual Amount: 19500.00
  • Assessor Parcel Number: 22-08501-00008
  • Tax Lot: 00008
  • Tax Year: 2017

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 27, 2018
Sold by
Carmasine Peter A and Carmasine Carol F
Bought by
Stumm Gregory and Stumm Alexis
Seller's Agent
Sam Lepore
Keller Williams Realty - Moorestown
Buyer's Agent
Michael Fabrizio
RE/MAX Access
List Price
$1,095,000
Sold Price
$999,999
Premium/Discount to List
-$95,001
-8.68%
Current Estimated Value
$1,419,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,166
Avg. Annual Appreciation
4.96%
Original Mortgage
$453,100
Outstanding Balance
$395,166
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,023,999

Purchase Details

Closed on
Aug 6, 2004
Sold by
Marcelli Enrico A and Marcelli Barbra A
Bought by
Carmasino Peter A and Carmasino Carol F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 1998
Sold by
Marcelli Enrico A and Marcelli Barbara A
Bought by
Marcelli Barbara A
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
Stumm Gregory $999,999 City Abstract Llc
Carmasino Peter A $920,000 --
Marcelli Barbara A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stumm Gregory $453,100
Previous Owner Carmasino Peter A $600,000
Previous Owner Carmasino Peter A $653,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $999,999 -4.8% $221 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $1,050,000 -4.1% $232 / Sq Ft
05/21/2018 05/21/18 For Sale $1,095,000 -- $242 / 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 $23,175 $816,900 $258,600 $558,300
2024 $21,579 $816,900 $258,600 $558,300
2023 $21,077 $816,900 $258,600 $558,300
2022 $21,077 $784,400 $0 $0
2021 $21,077 $784,400 $0 $0
2020 $20,943 $784,400 $0 $0
2019 $20,845 $816,900 $258,600 $558,300
2018 $20,161 $790,000 $258,600 $531,400
2017 $21,513 $835,800 $258,600 $577,200
2016 $21,438 $835,800 $258,600 $577,200
2015 $21,179 $835,800 $258,600 $577,200
2014 $20,109 $835,800 $258,600 $577,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001535616

Bright MLS

APN: 22-08501-0000-00008