NOT LISTED FOR SALE

122 Pelican Dr S Avalon, NJ 08202

Estimated Value: $7,176,000 - $8,784,854

4 Beds
3 Baths
-- Sq Ft
9,322 Sq Ft Lot

Last Sold June 12, 2015

Last sale price $2,300,000

Est. 251% increase in value since last sale

Current estimated payment $45,417/month

1,054 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Avalon Elementary School Rated A
  • Boat Slip
  • Living Room

About This Home

As of June 2015

Older Avalon upside down home perfect for you! Located on the bay in the very desirable lagoon area, you will be sure to enjoy many beautiful sunsets as well as interesting wildlife! Use as is or build your dream home on this property!

Last Agent to Sell the Property

Lawrence Fluehr

Coldwell Banker James C Otton Real Estate Listed on: 06/23/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,139

Lot Details

  • Property Fronts a Bay or Harbor

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 52 / 86

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,139

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: bay
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • House Color: tan
  • Outside Features: Deck, Dock, Bulkhead, Sidewalks, Outside Shower, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 1 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 52
  • Lot Size: 60' x 155'
  • Zoning: res
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 11139.12
  • Assessor Parcel Number: 01000860000000520000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Burns Helen M
Bought by
Helen M Burns Irrevocable Agre
Current Estimated Value
$8,077,618

Purchase Details

Closed on
Oct 25, 2021
Sold by
Burns Patrick J and Burns Gelen M
Bought by
Burns Patrick J and Burns Gelen M

Purchase Details

Closed on
Oct 18, 2016
Sold by
Bridge Development Group
Bought by
Burns Patrick and Burns Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.47%

Purchase Details

Listed on
Jun 23, 2012
Closed on
Jul 23, 2015
Sold by
Burns Patrick J and Burns Helen M
Bought by
Bridge Development Group Llc
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
List Price
$3,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,195,000
-34.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%

Purchase Details

Listed on
Jun 23, 2012
Closed on
Jun 12, 2015
Sold by
Miller Partnership Ltd
Bought by
Burns Patrick J and Burns Helen M
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
List Price
$3,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,195,000
-34.19%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Jones Grace H
Bought by
Miller Partnership Ltd

Purchase Details

Closed on
Aug 30, 1991
Sold by
J Dep N
Bought by
Jones Grace H
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
Helen M Burns Irrevocable Agre -- Weir & Partners Llp
Patrick J Burns Irt -- None Available
Patrick J Burns Irrevocable Agreement Of Trus -- None Listed On Document
Burns Patrick J -- None Available
Burns Patrick -- --
Bridge Development Group Llc -- Attorney
Burns Patrick J $2,300,000 Seaboard Title Agency
Miller Partnership Ltd $2,400,000 None Available
Jones Grace H $23,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Patrick $2,500,000
Previous Owner Burns Patrick --
Previous Owner Jones Grace H $411,873
Previous Owner Jones Grace H $350,000
Previous Owner Jones Grace H $550,000
Previous Owner Jones Grace H $185,000
Previous Owner Jones Grace H $900,000
Previous Owner Jones Grace H $700,000
Previous Owner Jones Grace H $450,000
Previous Owner Jones Grace H $400,000
Previous Owner Jones Grace H $100,000
Previous Owner Jones Grace $200,000
Previous Owner Jones Grace H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $2,300,000 -34.2% --
05/13/2015 05/13/15 Pending -- -- --
06/23/2012 06/23/12 For Sale $3,495,000 -- --
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 $28,566 $4,693,400 $2,600,000 $2,093,400
2024 $28,566 $4,652,400 $2,600,000 $2,052,400
2023 $28,333 $4,652,400 $2,600,000 $2,052,400
2022 $26,426 $4,652,400 $2,600,000 $2,052,400
2021 $25,449 $4,652,400 $2,600,000 $2,052,400
2020 $24,472 $4,652,400 $2,600,000 $2,052,400
2019 $23,727 $4,652,400 $2,600,000 $2,052,400
2018 $22,704 $4,652,400 $2,600,000 $2,052,400
2017 $22,838 $4,107,500 $2,400,000 $1,707,500
2016 $13,200 $2,400,000 $2,400,000 $0
2015 $14,130 $2,611,800 $2,400,000 $211,800
2014 $13,973 $2,611,800 $2,400,000 $211,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 146626

Cape May County Association of REALTORS®

APN: 01-00086-0000-00052