NOT LISTED FOR SALE

1314 Ocean Dr Unit C1 Avalon, NJ 08202

Estimated Value: $1,348,000

3 Beds
2 Baths
990 Sq Ft
0.65 Acres

Last Sold July 15, 2016

Last sale price $620,000 $626 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $7,601/month

580 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of July 2016

This updated first floor Bayfront condo has just had a facelift for you to enjoy this summer. Located in Cedar Island association, the location is convenient for fishing, boating, and jet skiing, kayaking, and tubing. The intracoastal waterway is a short boat ride away; great access to the ocean and deep water bay fishing. Family recreation is literally out your back door at the 12th Street fields, tennis and recreation area. The association has handled a recent bulkhead and dock overhaul. The exterior of the condo has had a facelift with new maintenance free siding, decking and railing. Each condo has the convenience of their own storage area and assigned parking spot. The condo has just had all new painting, "wood like" flooring installed throughout the kitchen, dining, living room and hall. All the bedrooms have new carpet and the entire condo is freshly painted and decorated. The master bath was just completely overhauled as well. On those cool winter/fall evenings you can enjoy watching the sunset as you sit in front of the fire. How romantic! The association is well run and handles all of the exterior maintenance items for you. Just come down, open the door, sit back and relax and watch the boats go by and your own private wild life show from your bayside deck.

Last Agent to Sell the Property

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 11/13/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1982

Lot Details

  • Property Fronts a Bay or Harbor

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 68.02-C-1 / 13.05

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Boat Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,998

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: Bay & Recreation
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 990
  • Other Rooms: Living Room, Dining Room, Kitchen

Garage/Parking

  • Parking: Assigned Parking, Black Top Driveway

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: C1
  • Common Area Features: Deck/Porch, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Condo Fees: $4,000/yr
  • Unit Features: Fireplace, Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Water View

Lot Info

  • Lot Number: 68.02-C-1
  • Total Assessment: 570000
  • Zoning: RES

Tax Info

  • Taxes: 2998.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2014
Closed on
Jul 15, 2016
Sold by
Crompton James
Bought by
Dingerdissen Brian J
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
$1,348,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,000
Avg. Annual Appreciation
8.86%
Original Mortgage
$100,000
Interest Rate
3.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 8, 2002
Sold by
Conway Edward D
Bought by
Crompton James and Crompton James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.61%

Purchase Details

Closed on
Nov 18, 1992
Sold by
Hoylerest Of Richard
Bought by
Conway Edward D and Conway Judith A
Source: Public Records

Range of Values:

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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
Dingerdissen Brian J $620,000 None Available
Crompton James $389,000 --
Conway Edward D $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dingerdissen Brian J $400,000
Closed Dingerdissen Brian J $510,400
Closed Dingerdissen Brian $510,400
Closed Dingerdissen Brian J $100,000
Closed Dingerdissen Brian J $458,000
Previous Owner Crompton James $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $620,000 -4.6% $626 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
11/13/2014 11/13/14 For Sale $650,000 -- $657 / 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 $3,753 $611,200 $503,300 $107,900
2024 $3,753 $611,200 $503,300 $107,900
2023 $3,722 $611,200 $503,300 $107,900
2022 $3,472 $611,200 $503,300 $107,900
2021 $3,117 $611,200 $503,300 $107,900
2020 $3,215 $611,200 $503,300 $107,900
2019 $3,117 $611,200 $503,300 $107,900
2018 $2,983 $611,200 $503,300 $107,900
2017 $3,169 $570,000 $479,800 $90,200
2016 $3,135 $570,000 $479,800 $90,200
2015 $3,084 $570,000 $479,800 $90,200
2014 $3,050 $570,000 $479,800 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161045

Cape May County Association of REALTORS®

APN: 01-00013-05-00068-02-C-1

New Jersey Cape May County Avalon 08202

1314 Ocean Dr Unit C1, Avalon, NJ

This home is located at 1314 Ocean Dr Unit C1, Avalon, NJ 08202 since 13 November 2014 and is currently estimated at $1,348,000, approximately $1,361 per square foot. This property was built in 1982. 1314 Ocean Dr Unit C1 is a home located in Cape May County with nearby schools including Avalon Elementary School.

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