NOT LISTED FOR SALE

1240 Ocean Dr Avalon, NJ 08202

Estimated Value: $1,624,000 - $2,748,000

3 Beds
2 Baths
1,720 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $1,480,000 $860 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,635/month

2 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Breakfast Area or Nook
  • Avalon Elementary School Rated A
  • Island Location
  • Fireplace

About This Home

As of May 2017

This home is located at 1240 Ocean Dr, Avalon, NJ 08202 since 01 March 2017 and is currently estimated at $2,280,259, approximately $1,325 per square foot. This property was built in 1981. 1240 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Lawrence Fluehr

Coldwell Banker James C Otton Real Estate Listed on: 03/01/2017

Coldwell Banker James C Otton Real Estate

Last Buyer's Agent

Lawrence Fluehr

Coldwell Banker James C Otton Real Estate Listed on: 03/01/2017

Coldwell Banker James C Otton Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,757

Year Built

  • Built in 1981

Lot Details

  • 2,265

Interior Spaces

  • 3-Story Property
  • Bar
  • Fireplace
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Additional Features

  • Property Fronts a Bay or Harbor
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 6 / 12

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Boat Dock

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,757

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Drapes, Curtains, Shades
  • Estimated Year Built: 1981
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, 1.5 Car, 2 Car, Attached, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Patio, Deck/Porch, Enclosed/Cov. Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Unit Features: Fireplace, Bar, Walk-In/Cedar Closet, Wall To Wall Carpet
  • Unit Location: Water View

Lot Info

  • Lot Number: 6
  • Zoning: M-B

Tax Info

  • Taxes: 4756.95
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 1, 2017
Sold by
Mazur Leonard and Mazur Helena
Bought by
Kurtz Jennifer
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
List Price
$1,480,000
Sold Price
$1,480,000
Current Estimated Value
$2,280,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,259
Avg. Annual Appreciation
5.08%
Original Mortgage
$1,100,000
Outstanding Balance
$894,003
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,386,256

Purchase Details

Closed on
Jun 27, 2007
Sold by
Morgan Leonard W and Morgan Kathleen
Bought by
Mazur Leonard and Mazur Helen A

Purchase Details

Closed on
Dec 14, 1991
Sold by
Cook Cook G and Cook Rosanne
Bought by
Morgan Leonard W and Morgan Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kurtz Jennifer $1,480,000 None Available
Mazur Leonard $1,500,000 None Available
Morgan Leonard W $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurtz Jennifer $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $1,480,000 0.0% $860 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $1,480,000 -- $860 / 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
2025 $8,546 $1,391,800 $1,107,000 $284,800
2024 $8,546 $1,391,800 $1,107,000 $284,800
2023 $8,476 $1,391,800 $1,107,000 $284,800
2022 $7,905 $1,391,800 $1,107,000 $284,800
2021 $7,594 $1,391,800 $1,107,000 $284,800
2020 $7,321 $1,391,800 $1,107,000 $284,800
2019 $7,098 $1,391,800 $1,107,000 $284,800
2018 $6,792 $1,391,800 $1,107,000 $284,800
2017 $4,809 $864,900 $675,000 $189,900
2016 $4,757 $864,900 $675,000 $189,900
2015 $4,679 $864,900 $675,000 $189,900
2014 $4,627 $864,900 $675,000 $189,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lawrence Fluehr

    Coldwell Banker James C Otton Real Estate

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176238

Cape May County Association of REALTORS®

APN: 01-00012-05-00006

New Jersey Cape May County Avalon 08202

1240 Ocean Dr, Avalon, NJ

Not Listed for Sale

Townhouses

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