NOT LISTED FOR SALE

601 Harbour Cove Unit 601 Somers Point, NJ 08244

Estimated Value: $516,864 - $660,000

2 Beds
2 Baths
-- Sq Ft
523 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $275,000

Est. 114% increase in value since last sale

Current estimated payment $3,871/month

186 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property is near a marina
  • The property is located in a historic district
  • Mainland Regional High School Rated A-
  • Spa
  • Deck

About This Home

As of May 2015

Harbour Cove (an upscale boating community)-Bayfront two bedroom, two bath -needs updating

Last Agent to Sell the Property

Cathy Laltrello

RE/MAX ATLANTIC License #RB-8036281 Listed on: 10/04/2014

RE/MAX ATLANTIC

Last Buyer's Agent

Cathy Laltrello

RE/MAX ATLANTIC License #RB-8036281 Listed on: 10/04/2014

RE/MAX ATLANTIC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,130

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

Home Design

  • Shingle Siding
  • Cedar Siding
  • Brick Front

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Property is near a marina
  • Deck

Location

  • Ground Level Unit
  • The property is located in a historic district

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

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

Amenities

  • Community Deck or Porch

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,130

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, First Floor, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: Size: area, On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Bulkheaded, Deck/Porch, Enclsd/Covered Porch, Pool

Exterior Features

  • Siding Exterior: Brick Face, Cedar, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Bay Front, Boardwalk Front, Bulkheaded, Corner, Historical District, Marina

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Master Bath, Pets Allowed, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2014
Closed on
May 29, 2015
Sold by
Carroll Mary Anne
Bought by
Carnvale Margaret F
Seller's Agent
Cathy Laltrello
RE/MAX ATLANTIC
Buyer's Agent
Cathy Laltrello
RE/MAX ATLANTIC
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$588,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,966
Avg. Annual Appreciation
7.53%
Original Mortgage
$206,250
Outstanding Balance
$159,001
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$429,965

Purchase Details

Closed on
Mar 18, 2002
Sold by
Kline Noah B and Kline Claire Beth Nilson
Bought by
Bello Vincent and Bello Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.91%
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
Carnvale Margaret F $275,000 Surety Title
Bello Vincent $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carnvale Margaret F $206,250
Previous Owner Bello Vincent $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $275,000 0.0% --
04/08/2015 04/08/15 Pending -- -- --
10/04/2014 10/04/14 For Sale $275,000 -- --
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 $9,130 $255,300 $140,000 $115,300
2024 $9,130 $255,300 $140,000 $115,300
2023 $8,530 $255,300 $140,000 $115,300
2022 $8,530 $255,300 $140,000 $115,300
2021 $8,402 $255,300 $140,000 $115,300
2020 $8,231 $255,300 $140,000 $115,300
2019 $7,999 $255,300 $140,000 $115,300
2018 $7,830 $255,300 $140,000 $115,300
2017 $7,549 $255,300 $140,000 $115,300
2016 $7,207 $255,300 $140,000 $115,300
2015 $7,133 $255,300 $140,000 $115,300
2014 $6,893 $255,300 $140,000 $115,300
Source: Public Records

Agents Affiliated with this Home

  • Cathy Laltrello

    Seller's Agent in 2015

    Cathy Laltrello

    RE/MAX

    (609) 927-1063

    18 in this area

    23 Total Sales

    Cathy Laltrello
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 437045

South Jersey Shore Regional MLS

APN: 21-01211-0000-00003-0000-C7601

New Jersey Atlantic County Somers Point 08244

601 Harbour Cove Unit 601, Somers Point, NJ

Not Listed for Sale

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