NOT LISTED FOR SALE

1306 Ocean Dr Avalon, NJ 08202

Estimated Value: $2,195,978 - $2,508,000

3 Beds
2 Baths
1,720 Sq Ft
$1,373/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $1,399,000 $813 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $13,180/month

84 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Spa
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of June 2017

This home is located at 1306 Ocean Dr, Avalon, NJ 08202 since 18 January 2017 and is currently estimated at $2,360,995, approximately $1,372 per square foot. This property was built in 1980. 1306 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Lester Lishon

Coldwell Banker James C Otton Real Estate License #1541322 Listed on: 01/18/2017

Coldwell Banker James C Otton Real Estate

Last Buyer's Agent

Lester Lishon

Coldwell Banker James C Otton Real Estate License #1541322 Listed on: 01/18/2017

Coldwell Banker James C Otton Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,763

Year Built

  • Built in 1980

Lot Details

  • 2,178

Interior Spaces

  • 3-Story Property
  • Furnished
  • Skylights
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Den
  • Workshop
  • Storage Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1.5 Car Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Driveway

Utilities

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

Additional Features

  • Spa
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Legal Lot and Block 2 / 12.05

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,763

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Drapes, Curtains, Shades, Blinds, Furniture
  • Estimated Year Built: 1980
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Dishwasher
  • Number Of Stories: Three
  • Total Bathrooms: 2.2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Workshop, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, 1.5 Car, Heated Garage, Black Top Driveway

Utilities

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

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Wall To Wall Carpet, Whirpool/Spa, Skylight
  • Unit Location: Water View

Lot Info

  • Lot Number: 2
  • Zoning: M-B

Tax Info

  • Taxes: 4763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Shiple Brian J and Shiple Eileen M
Bought by
Shiple Eileen M
Current Estimated Value
$2,360,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$717,647
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$1,643,348

Purchase Details

Listed on
Jan 18, 2017
Closed on
Jun 30, 2017
Sold by
Lishon Lestor J and Lishon Cheryl M
Bought by
Shiple Brian J and Shiple Eileen M
Seller's Agent
Lester Lishon
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Lester Lishon
Coldwell Banker James C Otton Real Estate
List Price
$1,399,000
Sold Price
$1,399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$1,000,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2011
Sold by
Albanese John and Albanese Susan
Bought by
Lishon Lester J and Lishon Cheryl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2010
Sold by
New Jersey Home Construction Inc
Bought by
Albanese John and Albanese Susan

Purchase Details

Closed on
Sep 8, 2010
Sold by
Murray Francis X
Bought by
New Jersey Home Construction Inc

Purchase Details

Closed on
May 7, 1997
Sold by
Grey Eagle Dirt Inc
Bought by
Murray Francis X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.7%
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
Shiple Eileen M -- Industrial Valley Abstract
Shiple Brian J $1,399,000 None Available
Lishon Lester J $800,000 None Available
Albanese John $825,000 Foundation Title Llc
New Jersey Home Construction Inc $228,100 None Available
Murray Francis X $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiple Eileen M $900,000
Previous Owner Shiple Brian J $1,000,000
Previous Owner Lishon Lester J $800,000
Previous Owner Murray Francis X $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $1,399,000 0.0% $813 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $1,399,000 -- $813 / 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 $8,541 $1,391,000 $1,104,900 $286,100
2024 $8,541 $1,391,000 $1,104,900 $286,100
2023 $8,471 $1,391,000 $1,104,900 $286,100
2022 $7,901 $1,391,000 $1,104,900 $286,100
2021 $7,609 $1,391,000 $1,104,900 $286,100
2020 $7,317 $1,391,000 $1,104,900 $286,100
2019 $7,094 $1,391,000 $1,104,900 $286,100
2018 $6,788 $1,391,000 $1,104,900 $286,100
2017 $4,815 $866,000 $675,000 $191,000
2016 $4,763 $866,000 $675,000 $191,000
2015 $4,685 $866,000 $675,000 $191,000
2014 $4,633 $866,000 $675,000 $191,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lester Lishon

    Coldwell Banker James C Otton Real Estate

    2 in this area

    2 Total Sales

    Lester Lishon
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174170

Cape May County Association of REALTORS®

APN: 01-00012-05-00002

New Jersey Cape May County Avalon 08202

1306 Ocean Dr, Avalon, NJ

Not Listed for Sale

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