NOT LISTED FOR SALE

79 Greate Bay Dr Somers Point, NJ 08244

Estimated Value: $516,000 - $598,000

3 Beds
2.5 Baths
-- Sq Ft
44 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $450,000

Est. 26% increase in value since last sale

Current estimated payment $3,716/month

79 Days on Market

Highlights

  • Golf Course Community
  • End Unit
  • Forced Air Heating and Cooling System
  • Mainland Regional High School Rated A-
  • Corner Lot
  • Dining Room

About This Home

As of July 2023

This meticulous Greate Bay Villa is unique among the other Villa’s at Greate Bay. This corner townhouse includes a large living room, dining room, powder room, and fully equipped kitchen, a huge 1st floor bedroom, plus bonus room that can be used as an exercise room, storing bikes / beach gear during the spring/summer/fall months, or great storage for the patio furniture during the winter months. This townhouse Villa features 2 levels of living space and enormous outdoor paver patio, which is great for entertaining or just relaxing with a glass of wine. The patio area features an irrigation drip line connected to the complex’s sprinkler system, which will keep your patio flowers watered all season long. The patio and landscape areas have low voltage lighting, controlled by a commercial grade transformer/timer. All of the bathrooms have been refreshed with new vanities/fixtures and toilets. Newer recessed LED lighting in the Master Bedroom, Loft/Office, Living Room and downstairs Guest Bedroom. This Villa is also being sold mostly furnished. One year at $875 remaining on assessment. Property is easy to show.

Last Agent to Sell the Property

Craig Troilo

Compass New Jersey-Ocean City (O463E) Listed on: 03/21/2023

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Brian Logue

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,600

Lot Details

  • End Unit

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance, trash
  • Greate Bay Condos

Recreation

  • Golf Course Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,600

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 03/23/2023
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Trash
  • Condo Name: Greate Bay
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Corner, Golf Course

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
Mar 21, 2023
Closed on
Jun 30, 2023
Sold by
Mccullough Michelle E
Bought by
Frankenfield Joseph A and Frankenfield Lois T
Seller's Agent
Craig Troilo
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Brian Logue
BHHS FOX and ROACH-Simpson OC
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%
Views
527
Current Estimated Value
$567,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,837
Avg. Annual Appreciation
11.05%
Original Mortgage
$360,000
Outstanding Balance
$355,828
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$212,009

Purchase Details

Closed on
Nov 18, 2005
Sold by
Mccaffrey Philip
Bought by
Michelle Mccullough

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
Sold by
Griffin David
Bought by
Mccaffrey Philip and Mccaffrey Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Kell Houssels Iii John and Houssels Jennifer
Bought by
Griffin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Frankenfield Joseph A $450,000 None Listed On Document
Michelle Mccullough $377,500 --
Mccaffrey Philip $205,000 The Title Company Of Jersey
Griffin David $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankenfield Joseph A $100,000
Open Frankenfield Joseph A $360,000
Previous Owner Mccullough Michelle E $192,000
Previous Owner Mccullough Michelle E $192,000
Previous Owner Mccullough Michelle $79,340
Previous Owner Michelle Mccullough $302,000
Previous Owner Mccaffrey Philip $164,000
Previous Owner Griffin David $67,500
Previous Owner Griffin David $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $450,000 +2.3% --
06/08/2023 06/08/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $439,900 -4.3% --
04/14/2023 04/14/23 For Sale $459,900 0.0% --
03/31/2023 03/31/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $459,900 -- --
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
2025 $8,600 $240,500 $76,600 $163,900
2024 $8,600 $240,500 $76,600 $163,900
2023 $8,035 $240,500 $76,600 $163,900
2022 $8,035 $240,500 $76,600 $163,900
2021 $7,915 $240,500 $76,600 $163,900
2020 $7,754 $240,500 $76,600 $163,900
2019 $7,535 $240,500 $76,600 $163,900
2018 $7,401 $241,300 $76,600 $164,700
2017 $7,135 $241,300 $76,600 $164,700
2016 $6,812 $241,300 $76,600 $164,700
2015 $6,742 $241,300 $76,600 $164,700
2014 $6,515 $241,300 $76,600 $164,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 572317

South Jersey Shore Regional MLS

APN: 21-01941-0000-00005-02-C0079