NOT LISTED FOR SALE

1228 1st Ave Avalon, NJ 08202

Estimated Value: $2,943,000 - $3,669,000

-- Bed
-- Bath
2,342 Sq Ft
$1,360/Sq Ft Est. Value

About This Home

This home is located at 1228 1st Ave, Avalon, NJ 08202 and is currently estimated at $3,185,326, approximately $1,360 per square foot. 1228 1st Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Larson Kevin M and Larson Dawn M
Bought by
Jaa Avalon Llc
Current Estimated Value
$3,185,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,777,302
Outstanding Balance
$1,598,573
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,611,590

Purchase Details

Closed on
Aug 19, 2011
Sold by
Norman Stephen C and Whitby Norman Debra
Bought by
Larson Kevin M and Larson Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2003
Sold by
Higgins E Peter
Bought by
Norman Stephen C and Norman Debra Whitby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.84%

Purchase Details

Closed on
Sep 23, 2002
Sold by
Hampton Barbara R
Bought by
Higgins E Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.25%

Purchase Details

Closed on
Dec 29, 1989
Sold by
Renner Stephen and Bonnie Jean
Bought by
Hampton Barbara

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Jaa Avalon Llc $1,975,000 None Available
Larson Kevin M $1,135,000 Title Alliance Cape May Co
Norman Stephen C $1,075,000 --
Higgins E Peter $785,000 --
Hampton Barbara $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaa Avalon Llc $1,777,302
Previous Owner Larson Kevin M $1,000,001
Previous Owner Larson Kevin M $565,000
Previous Owner Norman Stephen C $790,000
Previous Owner Norman Stephen C $848,000
Previous Owner Norman Stephen C $860,000
Previous Owner Higgins E Peter $550,000
Source: Public Records

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 $8,521 $1,387,800 $900,000 $487,800
2023 $8,452 $1,387,800 $900,000 $487,800
2022 $7,883 $1,387,800 $900,000 $487,800
2021 $7,591 $1,387,800 $900,000 $487,800
2020 $7,300 $1,387,800 $900,000 $487,800
2019 $7,078 $1,387,800 $900,000 $487,800
2018 $6,772 $1,387,800 $900,000 $487,800
2017 $6,390 $1,149,200 $700,000 $449,200
2016 $6,321 $1,149,200 $700,000 $449,200
2015 $6,217 $1,149,200 $700,000 $449,200
2014 $6,148 $1,149,200 $700,000 $449,200
Source: Public Records

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