NOT LISTED FOR SALE

5 Neptune Dr Unit 3 Somers Point, NJ 08244

Estimated Value: $959,000 - $1,064,000

4 Beds
3.5 Baths
-- Sq Ft
3,877 Sq Ft Lot

Last Sold November 08, 2022

Last sale price $850,000

Est. 20% increase in value since last sale

Current estimated payment $6,830/month

36 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Deck
  • Egg Harbor Township High School Rated A
  • Home fronts a lagoon or estuary
  • Cathedral Ceiling

About This Home

As of November 2022

Anchorage Poynte newest listing. Bayfront Townhome with endless water views of the Great Egg Harbor Bay included...50' boat slip with water and electric. This fine home is situated in a wonderful bayfront community which offers privacy & serenity. This impressive 4 Bedroom townhome features 2 master bedrooms w/ master baths one on the main level and the other is on the upper level. Features include beautiful upgraded kitchen with granite counters large granite island plus a open floor plan dining room, living room with gas fireplace with sliders to a deck full of waterfront views. Offers 2 zone heating with seperate HVAC, hardwood floors, w/w carpet, 3 full baths plus powder room. Outdoor shower situated in downstairs carport with room for 4 cars. Property is 2800 sq ft. with new roof installed by Association in 2021. HOA fee is $641 month includes flood insurance. Furnished.

Last Agent to Sell the Property

Kate Gatto

BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing License #SP-8532389 Listed on: 08/25/2022

BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing

Last Buyer's Agent

Kate Gatto

BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing License #SP-8532389 Listed on: 08/25/2022

BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,768

Year Built

  • Built in 2004

Lot Details

  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash
  • Anchorage Point Condos

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,768

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 08/26/2022
  • Year Built: 2004
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Main
  • Dining Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Bulkheaded, Deck/Porch, Dock/Boat Slip

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash
  • Condo Name: Anchorage Point
  • Management: Association

Lot Info

  • Location: Bay Front, Docks, Lagoon Front

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 8, 2022
Sold by
Murdock Larry and Murdock Lisa
Bought by
Flax Steven
Seller's Agent
Kate Gatto
BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing
Buyer's Agent
Kate Gatto
BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Total Days on Market
36
Views
136
Current Estimated Value
$1,017,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,301
Avg. Annual Appreciation
8.01%
Original Mortgage
$450,000
Outstanding Balance
$438,553
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$600,742

Purchase Details

Closed on
Jun 23, 2017
Sold by
Spinosi Pasqualina
Bought by
Murdock Larry and Murdock Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2015
Sold by
120 Uwchlan Associates Inc
Bought by
Spinosi Pasqualina

Purchase Details

Closed on
Jun 1, 2004
Sold by
Anchorage Cove Llc
Bought by
120 Uwchlan Associates Inc
Source: Public Records

Range of Values:

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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
Flax Steven $850,000 Surety Title
Murdock Larry $425,000 None Available
Spinosi Pasqualina $38,250 Ne Executive Abstract
120 Uwchlan Associates Inc $2,720,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flax Steven $450,000
Previous Owner Murdock Larry $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $850,000 -8.1% --
09/30/2022 09/30/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $925,000 +2.8% --
08/30/2022 08/30/22 Price Changed $899,900 -2.7% --
08/25/2022 08/25/22 For Sale $925,000 -- --
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
2024 $13,768 $410,500 $142,500 $268,000
2023 $13,690 $410,500 $142,500 $268,000
2022 $13,690 $410,500 $142,500 $268,000
2021 $13,801 $410,500 $142,500 $268,000
2020 $13,551 $410,500 $142,500 $268,000
2019 $13,181 $410,500 $142,500 $268,000
2018 $12,898 $410,500 $142,500 $268,000
2017 $12,853 $410,500 $142,500 $268,000
2016 $12,344 $410,500 $142,500 $268,000
2015 $12,163 $410,500 $142,500 $268,000
2014 $13,300 $458,000 $190,000 $268,000
Source: Public Records

Agents Affiliated with this Home

  • Kate Gatto

    Seller's Agent in 2022

    Kate Gatto

    BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing

    (609) 836-0673

    77 Total Sales

    Kate Gatto
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 566495

South Jersey Shore Regional MLS

APN: 08-09406-0000-00001-0000-C0003

New Jersey Atlantic County Somers Point 08244

5 Neptune Dr Unit 3, Somers Point, NJ

This home is located at 5 Neptune Dr Unit 3, Somers Point, NJ 08244 since 25 August 2022 and is currently estimated at $1,017,301. This property was built in 2004. 5 Neptune Dr Unit 3 is a home located in Atlantic County with nearby schools including Egg Harbor Township High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

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