NOT LISTED FOR SALE

61 Greate Bay Dr Unit 61 Somers Point, NJ 08244

Estimated Value: $467,000 - $516,000

2 Beds
2.5 Baths
-- Sq Ft
1.19 Acres

Last Sold January 15, 2021

Last sale price $252,000

Est. 96% increase in value since last sale

Current estimated payment $3,350/month

23 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Central Air
  • Mainland Regional High School Rated A-
  • Laundry Room
  • Dining Area

About This Home

As of January 2021

Immaculate and clean townhouse features: 2 bedroom, 2.5 bath, two story townhouse has golf course views! The master bedroom has an incredible updated bathroom with open concept shower. Recent renovations include: heating system, air conditioning system, bathroom, and more. Others features include granite counter tops, gas heat, central air, street parking. Won't last long!

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K License #SP-9134206 Listed on: 10/28/2020

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,173

Year Built

  • Built in 1977

Lot Details

  • 1.19

Parking

  • Off-Site Parking

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Greate Bay Condos

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,173

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 10/28/2020
  • Year Built: 1977
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Condo Name: Greate Bay

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 30, 2020
Sold by
Scheible William and Batista Ricardo
Bought by
Tornetta Charles J and Tornetta Valerie J
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$269,900
Sold Price
$252,000
Premium/Discount to List
-$17,900
-6.63%
Current Estimated Value
$492,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,669
Avg. Annual Appreciation
17.71%
Original Mortgage
$195,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2013
Sold by
Scheible William and Scheible Sally
Bought by
Scheible William

Purchase Details

Closed on
Feb 26, 2005
Sold by
Gniewyk Edward
Bought by
Scheible William and Scheible Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,900
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2000
Sold by
Obrien John and Obrien Sally Ann
Bought by
Gniewyk Edward and Gniewyk Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,600
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1990
Sold by
Floriani Mario F Sheriff
Bought by
Taber Todd
Source: Public Records

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Range of Values:

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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
Tornetta Charles J $260,000 None Listed On Document
Scheible William -- None Available
Scheible William $248,700 --
Gniewyk Edward $136,000 The Title Company
Taber Todd $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tornetta Charles J $195,600
Previous Owner Batista Ricardo $168,000
Previous Owner Scheible William $167,700
Previous Owner Scheible William $198,900
Previous Owner Gniewyk Edward $140,000
Previous Owner Gniewyk Deborah $30,000
Previous Owner Gniewyk Edward $115,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $252,000 -6.6% --
11/20/2020 11/20/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $269,900 -- --
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
2024 $7,173 $200,600 $76,600 $124,000
2023 $6,702 $200,600 $76,600 $124,000
2022 $6,702 $200,600 $76,600 $124,000
2021 $6,602 $200,600 $76,600 $124,000
2020 $6,467 $200,600 $76,600 $124,000
2019 $6,285 $200,600 $76,600 $124,000
2018 $6,174 $201,300 $76,600 $124,700
2017 $5,952 $201,300 $76,600 $124,700
2016 $5,683 $201,300 $76,600 $124,700
2015 $5,624 $201,300 $76,600 $124,700
2014 $5,435 $201,300 $76,600 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 544039

South Jersey Shore Regional MLS

APN: 21-01941-0000-00005-02-C0061