NOT LISTED FOR SALE

1322 Ocean Drive #11 Unit 11 Avalon, NJ 08202

Estimated Value: $1,014,000 - $1,434,000

3 Beds
2 Baths
990 Sq Ft
0.65 Acres

Last Sold August 10, 2015

Last sale price $640,000 $646 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,341/month

41 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Ground Level Unit
  • Avalon Elementary School Rated A
  • Furnished
  • Living Room

About This Home

As of August 2015

The bay views will enchant you as soon as you enter this 3 bedroom, 2 bath condominium. Located on the first floor with a private entry and steps that lead directly down from the bayside deck to the dock area and your own boat slip, you have the sense that the bay is yours alone! There is a sophisticated shore décor throughout this well-maintained unit, so all you would have to do is unpack your bags. The back bay is ready for water skiing, kayaking, paddle boarding and tubing and the ocean is just minutes away for great fishing!

Last Listed By

Robert J. Scully Jr

FERGUSON-DECHERT, INC Listed on: 05/31/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,050

Year Built

  • Built in 1982

Lot Details

  • 0.65

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Additional Features

  • Property Fronts a Bay or Harbor
  • Ground Level Unit

Listing and Financial Details

  • Legal Lot and Block 67.01-C-I / 13.05

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,050

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1982
  • Beach Proximity: 4 Blocks
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 990
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, 1st Floor Master Bedroom

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Black Top Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: 11
  • Common Area Features: Deck/Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Condo Fees: $800/Qtr
  • Unit Features: Wall To Wall Carpet
  • Unit Location: First Floor

Lot Info

  • Lot Number: 67.01-C-I
  • Total Assessment: 570000

Tax Info

  • Taxes: 3049.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2018
Sold by
Mudy River Llc
Bought by
Oriordan Martin and Oriordan Marie
Total Days on Market
41
Current Estimated Value
$1,261,747

Purchase Details

Listed on
May 31, 2015
Closed on
Aug 10, 2015
Sold by
Scardellette Frederick E and Scardellette Malea K
Bought by
Muddy River Llc
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
List Price
$655,000
Sold Price
$640,000
Premium/Discount to List
-$15,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Aug 21, 2004
Sold by
Tomoschuk William M and Tomoschuk Maureen T
Bought by
Scardellette Frederick E and Scardellette Malea K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,900
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 23, 1992
Sold by
Fellenbaum Cate
Bought by
Zimmerman Dorothy M and Zimmerman Terry L

Purchase Details

Closed on
Nov 23, 1992
Sold by
Massaro Lois A
Bought by
Fellermbaum Cate

Purchase Details

Closed on
Apr 22, 1991
Sold by
Fellenbaum Paul
Bought by
Massaro Lois

Range of Values:

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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
Oriordan Martin $722,500 --
Muddy River Llc $640,000 Seaboard Title Agency
Scardellette Frederick E $669,000 --
Zimmerman Dorothy M $159,000 --
Fellermbaum Cate -- --
Massaro Lois $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muddy River Llc $500,000
Previous Owner Scardellette Frederick E $66,900
Previous Owner Scardellette Frederick E $535,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $640,000 -2.3% $646 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
05/31/2015 05/31/15 For Sale $655,000 -- $662 / 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
2024 $3,745 $610,000 $503,300 $106,700
2023 $3,715 $610,000 $503,300 $106,700
2022 $3,465 $610,000 $503,300 $106,700
2021 $3,337 $610,000 $503,300 $106,700
2020 $3,209 $610,000 $503,300 $106,700
2019 $3,111 $610,000 $503,300 $106,700
2018 $2,977 $610,000 $503,300 $106,700
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

  • R

    Seller's Agent in 2015

    Robert J. Scully Jr

    FERGUSON-DECHERT, INC

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164366

Cape May County Association of REALTORS®

APN: 01-00013-05-00067-01-C-I

New Jersey Cape May County Avalon 08202

1322 Ocean Drive #11 Unit 11, Avalon, NJ

Homes for Sale in Avalon, NJ

This home is located at 1322 Ocean Drive #11 Unit 11, Avalon, NJ 08202 since 31 May 2015 and is currently estimated at $1,261,747, approximately $1,274 per square foot. This property was built in 1982. 1322 Ocean Drive #11 Unit 11 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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