NOT LISTED FOR SALE

5 Fresh Spring Cove Somers Point, NJ 08244

Estimated Value: $394,000 - $486,000

2 Beds
2 Baths
-- Sq Ft
9,365 Sq Ft Lot

Last Sold January 10, 2024

Last sale price $400,000

Est. 13% increase in value since last sale

Current estimated payment $3,067/month

58 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Cul-De-Sac
  • Mainland Regional High School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of January 2024

A great vacation, starter or retirement home!!! Spacious 2000 sg.ft. rancher, sitting on a large, 9000+ sq. ft. corner lot nestled in a highly desirable, well established neighborhood. Around the corner is the Greate Bay Golf Course. A 3 bedrooms converted to a 2 large bedroom home (can easily be converted back to a 3 bedroom) This home boasts custom, quality woodwork throughout. From built-in bookshelves, custom solid oak doors throughout, as well as custom made oak kitchen cabinets with pull out shelves, granite countertops. Tons of storage space in every room! Multi, functional laundry room with a pantry area with more custom built -ins for more storage. Newer washer+ dryer in a separate room. Central air is only one year old. Newer KVAC & hot water heater. The home has also been wired to support a large generator if you lose electricity. Enjoy your mornings on the covered front porch or evenings on the back deck. Spend holidays around the table in your spacious, formal dining room. This home also has a full functional garage work space for projects. Tons of storage in large attic With plywood floors throughout! Easy access to parkway, oc. 9th st. Bridge, shopping + dining!!! Must see it in person to appreciate! Move- in ready for immediate occupancy!

Last Agent to Sell the Property

Kate Markoska

BALSLEY/LOSCO Listed on: 08/24/2023

BALSLEY/LOSCO

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,064

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 75x125
  • Cul-De-Sac
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Dining Area
  • Storage
  • Crawl Space
  • Storage In Attic
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,064

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 08/24/2023
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Storage, Walk In Closet
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Pantry, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Patio
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car

Utilities

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

Lot Info

  • Location: Cul-De-Sac
  • Lot Dimensions: 75x125
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Jan 10, 2024
Sold by
Jones Vincent J and Jones Vincent J
Bought by
Opizzi Daniel
Seller's Agent
Kate Markoska
BALSLEY/LOSCO
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$429,900
Sold Price
$400,000
Premium/Discount to List
-$29,900
-6.96%
Views
475
Current Estimated Value
$451,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,756
Avg. Annual Appreciation
7.37%
Original Mortgage
$320,000
Outstanding Balance
$314,031
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$137,725

Purchase Details

Closed on
Oct 3, 1995
Sold by
Eddings Ralph E
Bought by
Jones Vincent J and Jones Jane A

Purchase Details

Closed on
Dec 21, 1988
Sold by
New Jersey The State Of
Bought by
Eddings Ralph E and Eddings Margaret
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 Buyer Sale Price Title Company
Opizzi Daniel $400,000 Vision Abstract
Jones Vincent J $126,500 The Title Company
Eddings Ralph E $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opizzi Daniel $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $400,000 -2.1% --
11/03/2023 11/03/23 Price Changed $408,500 -1.5% --
10/21/2023 10/21/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $414,900 -2.1% --
09/06/2023 09/06/23 Price Changed $423,900 -1.4% --
08/24/2023 08/24/23 For Sale $429,900 -- --
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 $8,064 $226,200 $68,100 $158,100
2024 $8,064 $225,500 $68,100 $157,400
2023 $7,284 $225,500 $68,100 $157,400
2022 $7,284 $225,500 $68,100 $157,400
2021 $7,171 $225,500 $68,100 $157,400
2020 $7,020 $225,500 $68,100 $157,400
2019 $6,815 $225,500 $68,100 $157,400
2018 $6,666 $225,500 $68,100 $157,400
2017 $6,418 $225,500 $68,100 $157,400
2016 $6,116 $225,500 $68,100 $157,400
2015 $6,050 $225,500 $68,100 $157,400
2014 $5,839 $225,500 $68,100 $157,400
Source: Public Records

Agents Affiliated with this Home

  • Kate Markoska

    Seller's Agent in 2024

    Kate Markoska

    BALSLEY/LOSCO

    (609) 500-0228

    2 in this area

    27 Total Sales

    Kate Markoska
    Section Image

  • A

    Buyer's Agent in 2024

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 577168

South Jersey Shore Regional MLS

APN: 21-01936-0000-00001

New Jersey Atlantic County Somers Point 08244

5 Fresh Spring Cove, Somers Point, NJ

This home is located at 5 Fresh Spring Cove, Somers Point, NJ 08244 since 24 August 2023 and is currently estimated at $451,756. This property was built in 1972. 5 Fresh Spring Cove is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

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