NOT LISTED FOR SALE

Somers Point, NJ 08244

Estimated Value: $725,117 - $818,000

3 Beds
2 Baths
-- Sq Ft
479 Sq Ft Lot

Last Sold August 23, 2022

Last sale price $550,000

Est. 38% increase in value since last sale

Current estimated payment $5,053/month

Highlights

  • Property Fronts a Bay or Harbor
  • Property is near a marina
  • End Unit
  • Mainland Regional High School Rated A-
  • The property is located in a historic district
  • Corner Lot

About This Home

As of August 2022

Bayfront CORNER UNIT IN HARBOUR COVE-3br, 2bath with large master suite, walk-in closet, fireplace in master, recent high end heater and air conditioning replacement 2 wood decks, upscale boating community with water edge boardwalk -jogging path, marina with docks, minutes to OC beaches and boardwalk or AC casinos

Last Agent to Sell the Property

Cathy Laltrello

RE/MAX ATLANTIC License #RB-8036281 Listed on: 05/26/2022

RE/MAX ATLANTIC

Last Buyer's Agent

Cathy Laltrello

RE/MAX ATLANTIC License #RB-8036281 Listed on: 05/26/2022

RE/MAX ATLANTIC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,520

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Great Room
  • Dining Area
  • Carpet
  • Burglar Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Utilities

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

Additional Features

  • Property is near a marina
  • The property is located in a historic district

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,520

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 05/26/2022
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 3
  • 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: Size: great room, On Level: Main
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Bulkheaded, Pool

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

Lot Info

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Master Bath, Pets Allowed, Skylight, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 23, 2022
Sold by
Dothe Craig and Dothe Carol
Bought by
Yost Vince and Yost Mary Angela
Seller's Agent
Cathy Laltrello
RE/MAX ATLANTIC
Buyer's Agent
Cathy Laltrello
RE/MAX ATLANTIC
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Views
1
Current Estimated Value
$756,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,279
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Drexel John
Bought by
Dothe Carol and Dothe Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1988
Sold by
Dugan Joseph T and Dugan Lorraine E
Bought by
Drexel John E and Drexel Grace A
Source: Public Records

Range of Values:

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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
Yost Vince $550,000 Surety Title
Dothe Carol $550,000 --
Drexel John E $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dothe Carol $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $550,000 -7.6% --
08/03/2022 08/03/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $595,000 0.0% --
03/01/2016 03/01/16 Rented -- -- --
01/31/2016 01/31/16 Under Contract -- -- --
11/18/2015 11/18/15 For Rent -- -- --
12/19/2012 12/19/12 Rented -- -- --
11/19/2012 11/19/12 Under Contract -- -- --
10/01/2012 10/01/12 For Rent -- -- --
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 $12,520 $350,100 $190,000 $160,100
2024 $12,520 $350,100 $190,000 $160,100
2023 $11,697 $350,100 $190,000 $160,100
2022 $11,697 $350,100 $190,000 $160,100
2021 $11,522 $350,100 $190,000 $160,100
2020 $11,287 $350,100 $190,000 $160,100
2019 $10,969 $350,100 $190,000 $160,100
2018 $11,044 $360,100 $200,000 $160,100
2017 $10,648 $360,100 $200,000 $160,100
2016 $10,166 $360,100 $200,000 $160,100
2015 $10,061 $360,100 $200,000 $160,100
2014 $9,723 $360,100 $200,000 $160,100
Source: Public Records

Agents Affiliated with this Home

  • Cathy Laltrello

    Seller's Agent in 2022

    Cathy Laltrello

    RE/MAX

    (609) 927-1063

    22 in this area

    29 Total Sales

    Cathy Laltrello
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Source: South Jersey Shore Regional MLS

MLS Number: 563421

South Jersey Shore Regional MLS

APN: 21-01211-0000-00003-0000-C7608

New Jersey Atlantic County Somers Point

08244

This home since 26 May 2022 and is currently estimated at $756,279. This home is a home located in Atlantic County with nearby schools including Mainland Regional High School, ChARTer TECH High School for the Performing Arts, and Saint Joseph Regional School.

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