NOT LISTED FOR SALE

11 Pelican Dr S Avalon, NJ 08202

Estimated Value: $5,049,000 - $7,020,000

5 Beds
3 Baths
-- Sq Ft
10,716 Sq Ft Lot

Last Sold September 01, 2016

Last sale price $2,375,000

Est. 158% increase in value since last sale

Current estimated payment $35,694/month

112 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of September 2016

Newly Renovated Bay Front upside down style home offering five bedrooms and three baths in move in condition.   Enjoy fabulous south-south western exposure on Avalon's premier Bluefish Lagoon.  This seaside gem with open floor plan offers deep water boat slip on an expansive lagoon.  The second floor great room with fireplace has wonderful water views and opens to an oversized waterfront fiberglass 2 story sundeck.  The white cabinetry is crisp against the Carrera marble countertops, stunning Carreras mosaic backsplash and stainless steel appliances. A private hallway leads to a second floor bedroom, marble bath and a private master suite with private bath and covered balcony.  The first floor entry leads to an open waterfront family room with fireplace and immediate access to a covered mahogany  deck overlooking the bay.  Three additional bedrooms are located on the first floor as well as a marble hall bath and laundry with an outside exit.  The home is sold tastefully furnished, has been completely updated and with new master bedroom suite addition. Features new Hardiplank cement siding, new roof, new sliders, new electric, new oversized fiberglass deck and dock, all new bathrooms, new kitchen, new HVAC system, and has beautiful, light, wood grained maintenance free vinyl plank flooring throughout the entire home.  This home will suit the buyer looking for a turn key home at an affordable price situated in a premium neighborhood with homes valued twice as much.  Ample room for a swimming pool.

Last Agent to Sell the Property

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 04/12/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,673

Year Built

  • Built in 1970

Lot Details

  • Property Fronts a Bay or Harbor

Home Design

  • Upside Down Style Home

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Docks
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 44 / 85

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,673

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Fireplace- Wood
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Outside Features: Deck, Enclosed/Covered Patio, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 44
  • Lot Size: 69' X 155'
  • Total Assessment: 1603200
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: > 8673.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Sep 1, 2016
Sold by
Nolava Llc
Bought by
Herlan Gregory and Herlan Patricia
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$2,495,000
Sold Price
$2,375,000
Premium/Discount to List
-$120,000
-4.81%
Current Estimated Value
$6,118,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,743,789
Avg. Annual Appreciation
10.97%
Original Mortgage
$417,050
Outstanding Balance
$327,658
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$5,721,270

Purchase Details

Closed on
Oct 28, 2014
Sold by
Ritter Daniel and Caulfield Kathleen S
Bought by
Nolava Llc and Steffens Wendi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Herlan Gregory $2,375,000 None Available
Nolava Llc $1,640,000 Seaboard Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herlan Gregory $417,050
Previous Owner Nolava Llc $1,230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $2,375,000 -4.8% --
08/02/2016 08/02/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $2,495,000 -- --
Source: Cape May County Association of REALTORS®

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 $28,252 $4,601,300 $2,049,000 $2,552,300
2024 $28,252 $4,601,300 $2,049,000 $2,552,300
2023 $12,478 $2,049,000 $2,049,000 $0
2022 $11,966 $2,106,700 $2,049,000 $57,700
2021 $11,524 $2,106,700 $2,049,000 $57,700
2020 $11,081 $2,106,700 $2,049,000 $57,700
2019 $10,744 $2,106,700 $2,049,000 $57,700
2018 $10,281 $2,106,700 $2,049,000 $57,700
2017 $9,066 $1,630,600 $1,438,800 $191,800
2016 $8,818 $1,603,200 $1,438,800 $164,400
2015 $8,673 $1,603,200 $1,438,800 $164,400
2014 $8,577 $1,603,200 $1,438,800 $164,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169696

Cape May County Association of REALTORS®

APN: 01-00085-0000-00044