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$550,000

Beds
4
Baths
2.5
sq ft
2,816

5 Covey Pl, Monroeville, NJ 08343

5 Covey Pl

MONROEVILLE, NJ 08343

  • 20 days on market
Pride of ownership awaits you in this beautiful 4 bed, 2.5 bath Georgia Center- Hall Colonial. You will pull into this quiet 12 home cul-de-sac just minutes away to Rt 55 for commuting convenience. The love for this home is apparent from the moment you pull in the driveway and see the lovely landscaped front yard. When you enter the spacious foyer you will see the formal dining room to the left. Neutral color on the walls with beautiful crown molding. Across from the dining will be the main floor bedroom, great for guests as it is steps away from the fully updated downstairs half bath. Work from home? This would be a terrific office. When you enter into the kitchen you will feel right at home in this large eat in kitchen with island, Subzero fridge and stainless steel appliances. Off the kitchen you will find the large pantry and laundry room to the right. To the left of the kitchen you will find the phenomenal family room with vaulted ceilings, exposed beams and fireplace for those chilly evenings. Fireplace had new liner in 2022 and ready for your use. Off the family room you will find the inviting Sunroom steps away from the deck and heated above ground pool. Movie night? Make your way to the basement and movie room, beyond that plenty of storage and workshop with access to the garage. Second floor you will find your master suite with double closets , dressing area with skylights. Make your way into the master bath with soaking tub, double vanities and stall shower. Down the hall you will find 2 more good size bedrooms and hall bath. Come see this home before it is to late. New HVAC and AC in 2023. Solar was installed in 2022

Details

Property type

Single Family Residence

Est. home value

$568,224

Lot size

0.92 acres

Price per sq ft

$196

Year built

1990

Annual property taxes

$12,193

HOA

No

Price History

09/30/2024
Bright

Bright #NJGL2047684

Listed
$550,000
+12.24%
01/24/2022
Bright

Bright #NJGL2007462

Sold
$490,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

School district: 

DELSEA REGIONAL HIGH SCHO SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$73,006
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$432,994
Cash to seller
$73,006

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Unlimited

Loan start date

January 2022

Original loan amount

$458,689

Est. remaining balance

$432,994

Interest rate

3.12%

Loan type

FHA, 30 year

Seller

Kartina A Wortee and Marvin A Gweama

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/07/2024 at 6:25 PM

Listing updated: 10/07/2024 at 8:46 AM

Listed by: Michele Lynn Harker, Coldwell Banker Realty Phone #: (856) 685-5600

MLS: Bright #NJGL2047684

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