NOT LISTED FOR SALE

1100 Ocean Dr Unit 203 Avalon, NJ 08202

Estimated Value: $1,648,000 - $2,372,000

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. 76% increase in value since last sale

Current estimated payment $12,584/month

382 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Community Pool
  • Avalon Elementary School Rated A
  • Furnished
  • Elevator

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 $2,029,693, approximately $1,262 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 Listed By

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
  • Second Address Number: 1100
  • Price per Sq Ft: 715.17
  • Selling Agent1: 48
  • Selling Office1: 609
  • 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

  • Unit: 203
  • 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%
Total Days on Market
382
Current Estimated Value
$2,029,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$879,693
Avg. Annual Appreciation
13.30%
Original Mortgage
$805,000
Outstanding Balance
$722,843
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,306,850

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

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
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 $150,000
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 Change Sq Ft Price
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
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

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Source: Cape May County Association of REALTORS®

MLS Number: 187820

Cape May County Association of REALTORS®

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