$125,000
SOLD DEC 30, 2019

406 Harbour Cove Unit 404 Somers Point, NJ 08244

1 Bed
1 Bath
-- Sq Ft
523 Sq Ft Lot

Recently Sold

22% Below List Price

80 Days on Market

Highlights

  • Property is near a marina
  • Unit is on the top floor
  • Deck
  • Mainland Regional High School Rated A-
  • The property is located in a historic district
  • Great Room

About This Home

As of July 2020

Harbour Cove: Non-waterfront one bedroom, one bath w/fireplace, open layout, balcony & carport in upscale bayfront community w/swimming pool and waterfront boardwalk that leads to gourmet restaurant with outdoor deck dining; Great location - theater at Gateway Playhouse down the street, fishing pier, music concerts on the Somers Point Beach; Just minutes from Atlantic City Casinos and Ocean City beaches & boardwalk. All the joys of summer at the shore but none of the hassle!

Last Agent to Sell the Property

Cathy Laltrello

RE/MAX ATLANTIC License #RB-8036281 Listed on: 07/24/2019

RE/MAX ATLANTIC

Last Buyer's Agent

Cathy Laltrello

RE/MAX ATLANTIC License #RB-8036281 Listed on: 07/24/2019

RE/MAX ATLANTIC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,668

Interior Spaces

  • 3-Story Property
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Assigned Parking

Outdoor Features

  • Property is near a marina
  • Deck

Location

  • Unit is on the top floor
  • The property is located in a historic district

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water
  • Harbour Cove Condos

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,668

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 07/24/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 1
  • Bedroom 1: Size: large, On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Dining Room: Size: area, On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Great Room
  • Common Area Features: Bulkheaded, Deck/Porch, Pool

Garage/Parking

  • Parking Exterior: Two Car, Assigned, Carport

Utilities

  • Air Conditioner: Central
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Harbour Cove
  • Management: On-Site Professionals

Lot Info

  • Location: Historical District, Marina

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jul 9, 2020
Sold by
Amega Enterprises Llc
Bought by
Schulz Deborah and Schulz William M
Seller's Agent
Cathy Laltrello
RE/MAX ATLANTIC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$348,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,505
Avg. Annual Appreciation
14.05%
Original Mortgage
$144,000
Outstanding Balance
$127,450
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$221,055

Purchase Details

Listed on
Jul 24, 2019
Closed on
Dec 16, 2019
Sold by
Voyadgis Nicholas E and Voyadgis Helen H
Bought by
Amega Enterprises Llc
Seller's Agent
Cathy Laltrello
RE/MAX ATLANTIC
Buyer's Agent
Cathy Laltrello
RE/MAX ATLANTIC
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.67%

Purchase Details

Listed on
May 4, 2015
Closed on
Mar 18, 2016
Sold by
Domeico Vincent J
Bought by
Voyadgis Nicholas E and Voyadgis Helen H
Seller's Agent
Cathy Laltrello
RE/MAX ATLANTIC
Buyer's Agent
Cathy Laltrello
RE/MAX ATLANTIC
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Oct 24, 2007
Sold by
White Lawrence A
Bought by
Domenico Vincent J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 1992
Sold by
King Helen H
Bought by
White Lawrence A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $180,000 Trident Land Transfer Co Llc
Deed $125,000 Surety Title Company Llc
Bargain Sale Deed $125,000 Surety Title Co
Deed $235,000 Surety Title Corporation
Deed $73,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 New Conventional
Previous Owner $188,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $175,000 -1.7% --
06/09/2020 06/09/20 Pending -- -- --
03/09/2020 03/09/20 Price Changed $178,000 -1.1% --
01/10/2020 01/10/20 For Sale $180,000 +44.0% --
12/30/2019 12/30/19 Sold $125,000 -10.1% --
10/12/2019 10/12/19 Pending -- -- --
09/29/2019 09/29/19 Price Changed $139,000 -7.0% --
08/28/2019 08/28/19 Price Changed $149,500 -6.5% --
07/24/2019 07/24/19 For Sale $159,900 +27.9% --
03/18/2016 03/18/16 Sold $125,000 0.0% --
02/25/2016 02/25/16 Pending -- -- --
05/04/2015 05/04/15 For Sale $125,000 -- --
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
2025 $5,668 $158,500 $62,000 $96,500
2024 $5,668 $158,500 $62,000 $96,500
2023 $5,295 $158,500 $62,000 $96,500
2022 $5,295 $158,500 $62,000 $96,500
2021 $5,216 $158,500 $62,000 $96,500
2020 $5,110 $158,500 $62,000 $96,500
2019 $4,966 $158,500 $62,000 $96,500
2018 $5,260 $171,500 $75,000 $96,500
2017 $5,071 $171,500 $75,000 $96,500
2016 $4,841 $171,500 $75,000 $96,500
2015 $4,792 $171,500 $75,000 $96,500
2014 $4,631 $171,500 $75,000 $96,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 525518

South Jersey Shore Regional MLS

APN: 21-01211-0000-00001-0000-C2406