Seller's Agent in 2024
Lorna Kaim
Compass New Jersey, LLC - Moorestown
(856) 986-2642
8 in this area
107 Total Sales
32 Cove Rd Moorestown, NJ 08057
Estimated Value: $1,626,000 - $1,749,774
5
Beds
4.5
Baths
5,075
Sq Ft
$336/Sq Ft
Est. Value
Highlights
- Home fronts navigable water
- Water Access
- Commercial Range
- South Valley Elementary School Rated A+
- Heated Indoor Pool
- 4.9 Acre Lot
About This Home
As of August 2024Welcome to the distinguished Peachtree Point enclave, where luxurious living harmonizes with the natural beauty of the tranquil Rancocas Creek waterfront. The Rancocas Creek is tidal, providing an ever-changing tableau of nature's beauty. This remarkable estate home sits on one of Peachtree Point's premium lots, offering a unique blend of privacy and nature, all while being conveniently located near all major highways, restaurants, shopping, and Philadelphia. Spanning 4.9 acres, this distinguished residence boasts just under 8,000 square feet of living space, seamlessly blending timeless elegance with modern sophistication. Built in 1998 by Decker Polo with an addition by Hartmann & Shiffer, this home showcases unparalleled craftsmanship and curb appeal. Upon entering, guests are welcomed by sparkling marble floors and a grand staircase, setting the stage for the refined opulence that awaits. The formal living room exudes charm with its oak floors and plantation shutters. Meanwhile, the den, replete with a granite wet bar/butler's pantry and walls of windows framing captivating water vistas, provides an inviting space for both relaxation and entertainment. The adjacent family room with custom built-in bookcases and a fireplace, offers a cozy retreat for those chilly nights. The gourmet kitchen is a culinary haven, featuring cherry cabinets, granite countertops, and high-end appliances. Adjacent, the library/office provides a peaceful retreat with its Palladium topped windows overlooking the Rancocas and features a built-in desk and custom cabinetry, which is ideal for working from home while enjoying the picturesque views. Upstairs, the primary suite is a lavish sanctuary, boasting a peaceful sitting room, two walk-in closets, and a discerning marble ensuite bathroom featuring a rejuvenating Jacuzzi tub, bidet, and double sinks. This opulent spa-like retreat is designed to offer the ultimate escape at the end of each day, enveloping you in unparalleled luxury and comfort. The second spacious bedroom boasts its own ensuite bathroom, while the remaining two bedrooms share a Jack and Jill bathroom, providing convenience and comfort for family and guests alike. The oversized flex room on this level presents versatility, perfect for a playroom, office, or any other creative use to suit your lifestyle. The lower level of this exceptional residence boasts a sprawling family/home theater room with a lavish granite-topped bar, an expansive exercise room, a fifth bedroom/den, and a full bath. The addition of the solarium transforms this area into an exclusive entertainment hub year-round, showcasing a magnificent gunite indoor pool with Aqualink control and breathtaking views of the meticulously landscaped grounds. This unparalleled space is ideal for hosting lavish gatherings or simply indulging in leisurely relaxation. This exceptional estate proposes a lifestyle of utmost refinement and sophistication, with meticulous craftsmanship and breathtaking surroundings. Perfect for those who appreciate luxury waterfront living, Peachtree Point offers a true neighborhood experience, with residents enjoying walks around the mile-long loop. Embrace the epitome of luxury living in this remarkable residence, where every detail has been thoughtfully curated to provide an exceptional living experience. Welcome home to Peachtree Point, where luxury meets nature in perfect harmony.
Last Agent to Sell the Property
Compass New Jersey, LLC - Moorestown License #335983 Listed on: 05/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,862
Year Built
- Built in 1998
Lot Details
- 4.9 Acre Lot
- Home fronts navigable water
- Creek or Stream
- Level Lot
- Sprinkler System
- Property is in excellent condition
Parking
- 3 Car Direct Access Garage
- 3 Driveway Spaces
- Lighted Parking
- Garage Door Opener
- Secure Parking
Home Design
- Traditional Architecture
- Brick Foundation
- Shingle Roof
- Stone Siding
- Stucco
Interior Spaces
- 5,075 Sq Ft Home
- Property has 2 Levels
- Elevator
- Wet Bar
- Central Vacuum
- Ceiling height of 9 feet or more
- Stone Fireplace
- Family Room
- Living Room
- Dining Room
- Den
- Library
- Creek or Stream Views
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Self-Cleaning Oven
- Commercial Range
- Built-In Range
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Stone
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Home Security
- Home Security System
- Intercom
Eco-Friendly Details
- Energy-Efficient Windows
Pool
- Heated Indoor Pool
- Gunite Pool
Outdoor Features
- Water Access
- Patio
- Exterior Lighting
- Gazebo
Location
- Flood Risk
- Suburban Location
Schools
- Moorestown High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Natural Gas Water Heater
- On Site Septic
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Decker Polo
- Peachtree Point Subdivision
Listing and Financial Details
- Tax Lot 00016
- Assessor Parcel Number 22-08500-00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Aug 23, 2024
Sold by
Xu Fangzuo and Cui Lu
Bought by
Legacy Cove Holdings Llc
Seller's Agent
Lorna Kaim
Compass New Jersey, LLC - Moorestown
Buyer's Agent
Michael Brown
RE/MAX ONE Realty-Moorestown
List Price
$2,100,000
Sold Price
$1,613,000
Premium/Discount to List
-$487,000
-23.19%
Views
157
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,944
Avg. Annual Appreciation
5.36%
Purchase Details
Listed on
Dec 14, 2013
Closed on
May 23, 2014
Sold by
Eni Louis J and Eni Nina M
Bought by
Xu Fangzuo and Cui Lu
Seller's Agent
Carol Latti
BHHS Fox & Roach-Medford
Buyer's Agent
Lorna Kaim
Compass New Jersey, LLC - Moorestown
List Price
$1,750,000
Sold Price
$1,568,483
Premium/Discount to List
-$181,517
-10.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Purchase Details
Closed on
Oct 30, 1998
Sold by
Decker Polo Custom Builders Inc
Bought by
Eni Louis J and Eni Nina M
Purchase Details
Closed on
Feb 9, 1998
Sold by
Decker Patrick G and Polo Mark
Bought by
Decker Polo Custom Builders Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Legacy Cove Holdings Llc | $1,613,000 | Collegiate Title | |
| Legacy Cove Holdings Llc | $1,613,000 | Collegiate Title | |
| Xu Fangzuo | $1,568,483 | Old Republic National Title | |
| Eni Louis J | $825,000 | -- | |
| Decker Polo Custom Builders Inc | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $1,613,000 | -15.1% | $318 / Sq Ft |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- |
| 06/30/2024 06/30/24 | Price Changed | $1,900,000 | -5.0% | $374 / Sq Ft |
| 06/04/2024 06/04/24 | Price Changed | $2,000,000 | -4.8% | $394 / Sq Ft |
| 05/10/2024 05/10/24 | For Sale | $2,100,000 | +33.9% | $414 / Sq Ft |
| 05/23/2014 05/23/14 | Sold | $1,568,483 | -10.4% | $309 / Sq Ft |
| 03/10/2014 03/10/14 | Pending | -- | -- | -- |
| 12/14/2013 12/14/13 | For Sale | $1,750,000 | -- | $345 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $33,891 | $1,194,600 | $286,000 | $908,600 |
| 2024 | $32,863 | $1,194,600 | $286,000 | $908,600 |
| 2023 | $32,863 | $1,194,600 | $286,000 | $908,600 |
| 2022 | $32,529 | $1,194,600 | $286,000 | $908,600 |
| 2021 | $32,099 | $1,194,600 | $286,000 | $908,600 |
| 2020 | $31,896 | $1,194,600 | $286,000 | $908,600 |
| 2019 | $31,334 | $1,194,600 | $286,000 | $908,600 |
| 2018 | $30,486 | $1,194,600 | $286,000 | $908,600 |
| 2017 | $30,749 | $1,194,600 | $286,000 | $908,600 |
| 2016 | $30,641 | $1,194,600 | $286,000 | $908,600 |
| 2015 | $30,271 | $1,194,600 | $286,000 | $908,600 |
| 2014 | $28,742 | $1,194,600 | $286,000 | $908,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lorna Kaim
-
Michael Brown
Buyer's Agent in 2024
Michael Brown
RE/MAX
(609) 610-5686
6 in this area
153 Total Sales
-
Carol Latti
Seller's Agent in 2014
Carol Latti
BHHS Fox & Roach
(609) 410-4200
8 in this area
145 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2064708
APN: 22-08500-0000-00016
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