NOT LISTED FOR SALE

120 29th St Avalon, NJ 08202

Estimated Value: $3,828,546 - $4,368,000

6 Beds
6 Baths
-- Sq Ft
5,489 Sq Ft Lot

Last Sold April 17, 2015

Last sale price $1,890,000

Est. 115% increase in value since last sale

Current estimated payment $23,204/month

4 Days on Market

Highlights

  • Water Views
  • Newly Remodeled
  • Property near a bay
  • Avalon Elementary School Rated A
  • In Ground Pool
  • 4-minute walk to Avalon Parks & Recreation Department

About This Home

As of April 2015

This new Tom Welsh home with 6 spacious bedrooms and 6.5 full baths, a first-floor family room with a wet bar and a second-floor great-room with hardwood flooring, a fireplace and a gourmet kitchen with granite counter tops is just a short walk to the beach and downtown Avalon. The luxurious third-floor master suite has its own deck with a peek at the ocean. The in-ground pool adds the finishing touch to your beautiful new home.

Last Agent to Sell the Property

Robert J. Scully Jr

FERGUSON-DECHERT, INC Listed on: 03/14/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 26 / 29.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,999

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach and Town
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2015
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 11
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room, Laundry Closet

Exterior Features

  • Construction: Upside Down, Three Story
  • Frontage: 50
  • House Color: Tan
  • Outside Features: Deck, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 26
  • Lot Size: 50'x110'
  • Zoning: R-1C
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 9999
  • Assessor Parcel Number: 01000290003000260000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2015
Closed on
Apr 17, 2015
Sold by
Welsh Thomas J
Bought by
Ardekani Reza A and Ardekani Joanne M
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
List Price
$1,890,000
Sold Price
$1,890,000
Current Estimated Value
$4,068,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,178,205
Avg. Annual Appreciation
7.41%
Original Mortgage
$283,500
Outstanding Balance
$222,142
Interest Rate
3.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,731,836

Purchase Details

Closed on
Oct 17, 2013
Sold by
Shearer Marvin K and Shearer Julia A
Bought by
Welsh Thomas J
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
Ardekani Reza A $1,890,000 Seaboard Title Agency
Welsh Thomas J $860,000 Seaboard Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ardekani Reza A $283,500
Open Ardekani Reza A $1,323,000
Previous Owner Shearer Marvin K $140,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $1,890,000 0.0% --
03/18/2015 03/18/15 Pending -- -- --
03/14/2015 03/14/15 For Sale $1,890,000 -- --
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 $11,159 $1,817,400 $900,000 $917,400
2024 $11,159 $1,817,400 $900,000 $917,400
2023 $11,068 $1,817,400 $900,000 $917,400
2022 $10,323 $1,817,400 $900,000 $917,400
2021 $9,941 $1,817,400 $900,000 $917,400
2020 $9,560 $1,817,400 $900,000 $917,400
2019 $9,269 $1,817,400 $900,000 $917,400
2018 $8,869 $1,817,400 $900,000 $917,400
2017 $8,319 $1,496,200 $700,000 $796,200
2016 $8,229 $1,496,200 $700,000 $796,200
2015 $8,094 $1,465,800 $700,000 $765,800
2014 -- $700,000 $700,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164325

Cape May County Association of REALTORS®

APN: 01-00029-03-00026