NOT LISTED FOR SALE

703 Harbour Cove Somers Point, NJ 08244

Estimated Value: $538,000 - $542,620

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

Last Sold January 15, 2021

Last sale price $325,000

Est. 66% increase in value since last sale

Current estimated payment $3,516/month

105 Days on Market

Highlights

  • Property is near a marina
  • The property is located in a historic district
  • Community Pool
  • Mainland Regional High School Rated A-
  • Ground Level Unit
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

Up Scale Boating community in desirable Harbour Cove location! Well maintained and updated owner occupied condo. Freshly painted, custom kitchen with granite counter top, and barely used appliances. Cozy living room with gas fireplace and surround sound built in. Relax on the beautiful large patio with your coffee or wine just steps from the bay. Custom plantation shutters throughout. Primary bedroom has its own beautifully updated primary bathroom. Community is Located right on Great Egg Harbor Bay and is just a short distance to several popular restaurants. Minutes to several beaches and Ocean City boardwalk. Boat slips available.

Last Agent to Sell the Property

Tracey Yarborough

BHHS FOX and ROACH-Sea Isle City Listed on: 09/17/2020

BHHS FOX and ROACH-Sea Isle City

Last Buyer's Agent

Dean Tridente

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,989

Year Built

  • Built in 1985

Lot Details

  • 523

Home Design

  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Property is near a marina

Location

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

Utilities

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

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,989

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Year Built: 1985
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area
  • Common Area Features: Pool

Exterior Features

  • Siding Exterior: Cedar, Shingle

Garage/Parking

  • Parking Exterior: Two Car, Carport

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • Condo Name: Harbour Cove
  • Management: Association

Lot Info

  • Location: Historical District, Marina

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jan 8, 2021
Sold by
Montone Kevin
Bought by
Wessner Karen
Seller's Agent
Tracey Yarborough
BHHS FOX and ROACH-Sea Isle City
Buyer's Agent
Dean Tridente
Keller Williams Realty Jersey Shore-Ocean City
List Price
$344,900
Sold Price
$325,000
Premium/Discount to List
-$19,900
-5.77%
Current Estimated Value
$539,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,655
Avg. Annual Appreciation
11.00%

Purchase Details

Listed on
Jan 23, 2012
Closed on
May 11, 2012
Sold by
Lubrecht William D and Lubrecht Dianna P
Bought by
Montone Kevin
Seller's Agent
Cathy Laltrello
RE/MAX ATLANTIC
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$130,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Ditomaso Mark S
Bought by
Lubrecht William D and Lubrecht Dianna P

Purchase Details

Closed on
Jun 11, 1996
Sold by
Benner Donald
Bought by
Gerber Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 30, 1988
Sold by
Macintyre George E
Bought by
Benner Donald
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
Wessner Karen $325,000 Surety Title Company
Montone Kevin $225,000 Surety Title
Lubrecht William D $210,000 Foundation Title
Gerber Austin $110,000 Commonwealth Land Title Ins
Benner Donald $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montone Kevin $130,000
Previous Owner Gerber Austin $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $325,000 -3.0% --
12/31/2020 12/31/20 Pending -- -- --
12/26/2020 12/26/20 Price Changed $334,900 -2.3% --
11/17/2020 11/17/20 Price Changed $342,900 -0.6% --
09/17/2020 09/17/20 For Sale $344,900 +53.3% --
05/11/2012 05/11/12 Sold $225,000 0.0% -- View Prior Sale
03/26/2012 03/26/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $225,000 -- --
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 $7,989 $223,400 $106,000 $117,400
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

  • Tracey Yarborough

    Seller's Agent in 2021

    Tracey Yarborough

    BHHS Fox & Roach

    (610) 662-3410

    1 in this area

    31 Total Sales

    Tracey Yarborough
    Section Image
  • Dean Tridente

    Buyer's Agent in 2021

    Dean Tridente

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 374-6186

    6 in this area

    38 Total Sales

    Dean Tridente
    Section Image
  • Cathy Laltrello

    Seller's Agent in 2012

    Cathy Laltrello

    RE/MAX

    (609) 927-1063

    18 in this area

    23 Total Sales

    Cathy Laltrello
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 542254

South Jersey Shore Regional MLS

APN: 21-01211-0000-00003-0000-C8703

New Jersey Atlantic County Somers Point 08244

703 Harbour Cove, Somers Point, NJ

Not Listed for Sale

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