NOT LISTED FOR SALE

1100 Ocean Dr Unit 203 Avalon, NJ 08202

Estimated Value: $1,875,000 - $2,193,000

3 Beds
2 Baths
1,608 Sq Ft
$833/mo HOA Fee

Last Sold October 15, 2020

Last sale price $1,150,000 $715 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $12,236/month

382 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Community Pool
  • Avalon Elementary School Rated A
  • Furnished
  • 5-minute walk to 8th Street Recreation Center

About This Home

As of October 2020

This home is located at 1100 Ocean Dr Unit 203, Avalon, NJ 08202 since 20 May 2019 and is currently estimated at $2,075,005, approximately $1,290 per square foot. This property was built in 1988. 1100 Ocean Dr Unit 203 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

William Kenney Soens

COMPASS RE - AV Dune Listed on: 05/20/2019

Last Buyer's Agent

William Kenney Soens

COMPASS RE - AV Dune Listed on: 05/20/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,758

Year Built

  • Built in 1988

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $833 Monthly HOA Fees

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 10

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,758

Year Built

Built in 1988

Lot Details

0

HOA Fees

$833 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Bay Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture, Other (See Remarks)
  • Estimated Year Built: 1988
  • New Construction: No
  • Capital Contribution: No
  • OFFICELIST_ADDRESS2: Unit 203
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1608
  • Other Rooms: Living Room, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Carport, 3 Car, Assigned Parking, Concrete Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower, Pool, Whirlpool/Spa
  • Condo Fees: $2500 QTR.
  • Unit Features: Fireplace, Wall To Wall Carpet, Foyer
  • Unit Location: Water View

Lot Info

  • Lot Number: 1
  • Sub Block: 05

Tax Info

  • Taxes: 4758.49
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Oct 15, 2020
Sold by
Finckbiner Aaron F and Cass Janet
Bought by
Ficken Bruce W and Ficken Antia M
Seller's Agent
William Kenney Soens
COMPASS RE - AV Dune
Buyer's Agent
William Kenney Soens
COMPASS RE - AV Dune
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Current Estimated Value
$2,075,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,005
Avg. Annual Appreciation
12.07%
Original Mortgage
$805,000
Outstanding Balance
$714,699
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,360,306

Purchase Details

Closed on
Jan 28, 2004
Sold by
Biemuller Martha L
Bought by
Finkbiner Arron F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1991
Sold by
Commodore Bay Club Inc
Bought by
Beimuller Dr Martha L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ficken Bruce W $1,150,000 Misc Company
Finkbiner Arron F $822,500 --
Finkbiner Aaron F $822,500 Seaboard Title Agency
Beimuller Dr Martha L $374,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ficken Bruce W $805,000
Previous Owner Finkbiner Aaron F $650,000
Previous Owner Finkbiner Arron F $65,000
Closed Finkbiner Aaron F $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $1,150,000 -11.2% $715 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/20/2019 05/20/19 For Sale $1,295,000 -- $805 / Sq Ft
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 $5,987 $975,100 $750,000 $225,100
2024 $5,987 $975,100 $750,000 $225,100
2023 $5,938 $975,100 $750,000 $225,100
2022 $5,539 $975,100 $750,000 $225,100
2021 $5,334 $975,100 $750,000 $225,100
2020 $5,129 $975,100 $750,000 $225,100
2019 $4,973 $975,100 $750,000 $225,100
2018 $4,758 $975,100 $750,000 $225,100
2017 $5,282 $950,000 $850,000 $100,000
2016 $5,225 $950,000 $850,000 $100,000
2015 $5,140 $950,000 $850,000 $100,000
2014 $5,083 $950,000 $850,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    William Kenney Soens

    COMPASS RE - AV Dune

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 187820

Cape May County Association of REALTORS®

APN: 01-00010-05-00001-0000-C-203

New Jersey Cape May County Avalon 08202

1100 Ocean Dr Unit 203, Avalon, NJ

Not Listed for Sale

Condos

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