NOT LISTED FOR SALE

121 7th St Avalon, NJ 08202

Estimated Value: $4,323,232 - $5,980,000

3 Beds
3 Baths
-- Sq Ft
1.15 Acres

Last Sold September 08, 2017

Last sale price $2,530,125

Est. 105% increase in value since last sale

Current estimated payment $29,125/month

1 Day on Market

Highlights

  • Beach Front
  • Deck
  • Attached Garage
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • 3-minute walk to 8th Street Recreation Center

About This Home

As of September 2017

This home is located at 121 7th St, Avalon, NJ 08202 since 01 July 2017 and is currently estimated at $5,184,058. 121 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Craig Soens

FERGUSON-DECHERT, INC Listed on: 07/01/2017

Last Buyer's Agent

John (Jack) Binder Jr

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,300

Lot Details

  • Lot Dimensions are 50 x 110
  • Beach Front
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Blinds
  • Living Room
  • Dining Area

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Additional Features

  • Deck
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,300

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Water Front
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds
  • New Construction: No
  • Second Address Number: 121
  • Lot Size2: 50 X 110
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Total Rooms: 10
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Deck, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Garage, Attached, Concrete Driveway

Utilities

  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 25
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-1C

Tax Info

  • Taxes: 18300.15
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Carapucci William P
Bought by
Bushey Michael E and Bushey Rachael M
Current Estimated Value
$5,184,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,396,000
Outstanding Balance
$4,274,938
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$909,120

Purchase Details

Listed on
Jul 1, 2017
Closed on
Sep 8, 2017
Sold by
Rochford John T and John T Rochford Credit Shelter
Bought by
Carapucci William P
Seller's Agent
Craig Soens
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$2,595,000
Sold Price
$2,530,125
Premium/Discount to List
-$64,875
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$500,000
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 26, 2012
Sold by
Rochford Joan T and The Estate Of John T Rochford
Bought by
John T Rochford Credit Shelter Trust and Joan T Rochford Irrevocable Family Trust

Purchase Details

Closed on
Nov 24, 1992
Sold by
Rochford John T and Rochford Joan T
Bought by
Rochford John T

Purchase Details

Closed on
Jul 2, 1992
Sold by
Sabatino John S and Sabatino Judith A
Bought by
Rochford John T and Rochford Joan T

Purchase Details

Closed on
Oct 24, 1991
Sold by
Sabatino Judith A
Bought by
Sabatino John S
Source: Public Records

Range of Values:

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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
Bushey Michael E $5,495,000 Seaboard Title
Bushey Michael E $5,495,000 Seaboard Title
Carapucci William P $5,230,125 Seaboard Title Agency
John T Rochford Credit Shelter Trust -- None Available
Rochford John T -- --
Rochford John T $575,000 --
Sabatino John S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushey Michael E $4,396,000
Closed Bushey Michael E $4,396,000
Previous Owner Carapucci William P $500,000
Previous Owner Carapucci William P $1,518,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $2,530,125 -2.5% --
08/09/2017 08/09/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $2,595,000 -- --
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 $19,695 $3,207,600 $2,000,000 $1,207,600
2024 $19,695 $3,207,600 $2,000,000 $1,207,600
2023 $19,534 $3,207,600 $2,000,000 $1,207,600
2022 $18,219 $3,207,600 $2,000,000 $1,207,600
2021 $12,269 $3,207,600 $2,000,000 $1,207,600
2020 $16,872 $3,207,600 $2,000,000 $1,207,600
2019 $16,359 $3,207,600 $2,000,000 $1,207,600
2018 $9,760 $2,000,000 $2,000,000 $0
2017 $18,500 $3,327,300 $3,100,000 $227,300
2016 $18,300 $3,327,300 $3,100,000 $227,300
2015 $18,001 $3,327,300 $3,100,000 $227,300
2014 $17,801 $3,327,300 $3,100,000 $227,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177145

Cape May County Association of REALTORS®

APN: 01-00006-03-00025