NOT LISTED FOR SALE

701 Harbour Cove Unit 701 Somers Point, NJ 08244

Estimated Value: $498,268 - $700,000

2 Beds
2 Baths
-- Sq Ft
610 Sq Ft Lot

Last Sold May 22, 2019

Last sale price $310,000

Est. 85% increase in value since last sale

Current estimated payment $3,877/month

Highlights

  • Property Fronts a Bay or Harbor
  • Spa
  • Ground Level Unit
  • Mainland Regional High School Rated A-
  • End Unit
  • Fireplace

About This Home

As of May 2019

The unit you have been waiting for! One of THE LARGEST two bedroom units within Harbour Cove Marina. TWO full baths! This end unit boasts an extra 4 feet of space. Larger living area, and larger bedrooms! WATER VIEWS FROM EVERY ANGLE. Lower taxes than most units. Bay views from a deck that is almost double the size of most units. Enjoy the bay views without the hassle! Current owners spared no expense when it comes to the upgrades inside this unit. Brand new top of the line kitchen, brand new hardwood floors, totally upgraded master bath equipped with a Jacuzzi tub, and more!! Come see for yourself. Professional pictures coming soon..

Last Agent to Sell the Property

Christen Andrews

Compass New Jersey-Ocean City License #1223542 Listed on: 05/22/2019

Compass New Jersey-Ocean City

Co-Listed By

Kayla Noll

Compass New Jersey-Ocean City License #1643324

Last Buyer's Agent

MICHAEL DUKEMAN

Keller Williams Realty Jersey Shore-Ocean City License #1326938

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,989

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

Parking

  • Carport

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Water Views

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Spa
  • Ground Level Unit

Community Details

Overview

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

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,989

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 05/22/2019
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Common Area Features: Pool, Storage Facility

Garage/Parking

  • Parking Exterior: Carport

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

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

Lot Info

  • Location: Bay Front

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
May 22, 2019
Closed on
May 15, 2019
Sold by
Granus Rex and Granus Barbara Anne
Bought by
Legrand John
Seller's Agent
Christen Andrews
Compass New Jersey-Ocean City
Buyer's Agent
MICHAEL DUKEMAN
Keller Williams Realty Jersey Shore-Ocean City
List Price
$329,500
Sold Price
$310,000
Premium/Discount to List
-$19,500
-5.92%
Current Estimated Value
$574,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,817
Avg. Annual Appreciation
10.19%
Original Mortgage
$100,000
Outstanding Balance
$89,699
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$469,564

Purchase Details

Closed on
Jul 17, 2013
Sold by
Granus Rex A
Bought by
Granux Rex A and Granux Barbara Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Christopher Leonard R and Christopher Susan B
Bought by
Granus Rex A and Granus Marilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 30, 1997
Sold by
Held Sharon Lynn
Bought by
Christopher Leonard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.98%

Purchase Details

Closed on
Jun 26, 1992
Sold by
Berenato Anthony F
Bought by
Held Sharon Lynn
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
Legrand John $310,000 North American Title Agency
Granux Rex A -- None Available
Granus Rex A $423,000 Commonwealth Title
Christopher Leonard R $125,000 The Title Company
Held Sharon Lynn $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legrand John $100,000
Previous Owner Granux Rex A $183,750
Previous Owner Granus Rex A $275,000
Previous Owner Granus Rex A $300,000
Previous Owner Christopher Leonard R $50,000
Previous Owner Christopher Leonard R $176,000
Previous Owner Christopher Leonard R $28,000
Previous Owner Christopher Leonard R $25,000
Previous Owner Christopher Leonard R $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2019 05/22/19 Sold $310,000 -5.9% --
05/22/2019 05/22/19 For Sale $329,500 -- --
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 $7,989 $223,400 $106,000 $117,400
2023 $7,464 $223,400 $106,000 $117,400
2022 $7,464 $223,400 $106,000 $117,400
2021 $7,352 $223,400 $106,000 $117,400
2020 $7,202 $223,400 $106,000 $117,400
2019 $6,999 $223,400 $106,000 $117,400
2018 $6,852 $223,400 $106,000 $117,400
2017 $6,606 $223,400 $106,000 $117,400
2016 $6,307 $223,400 $106,000 $117,400
2015 $6,242 $223,400 $106,000 $117,400
2014 $6,032 $223,400 $106,000 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 522620

South Jersey Shore Regional MLS

APN: 21-01211-0000-00003-0000-C8701