NOT LISTED FOR SALE

135 7th St Avalon, NJ 08202

Estimated Value: $2,752,000 - $4,337,000

5 Beds
4 Baths
2,886 Sq Ft
$1,282/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $3,200,000 $1,109 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $20,567/month

7 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 3-minute walk to 8th Street Recreation Center

About This Home

As of October 2023

VIEWS! VIEWS! VIEWS! Prime North End Avalon Location on a 50 x 112 Lot. Enjoy Fabulous Ocean Views and amazing sunrises from your deck. Looking for a house to enjoy before you build your Dream Home? This is it! The current home features 5 Bedrooms, 4 Full Bathrooms, spacious great room, open concept kitchen and dining. Best comparable NEW CONSTRUCTION which would fit on 135 7th St, just sold at 481 7th Street for $6,660,000 in June 2023. YOU can Build your new home exactly like this one, closer to the Ocean with spectacular sunrise views for an estimated $2,000,000 in construction costs. ALL in with a pool, BEACH BLOCK in Avalon for an estimated $5,500,000. Call Listing Agent for more details!

Last Agent to Sell the Property

Mark Grimes

BHHS FOX and ROACH-109 34th OC Listed on: 07/21/2023

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,414

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 50 x 110
  • Building is beachfront but unit may not have water views

Parking

  • 3 Parking Spaces

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Dining Area
  • Storage
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,414

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 07/21/2023
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In
  • Flooring: Tile, Vinyl
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Storage
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Sidewalks

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Beach Block, Water View
  • Lot Dimensions: 50 x 110
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Sponaugle Glen
Bought by
Sponaugle Glen
Current Estimated Value
$3,699,924

Purchase Details

Listed on
Jul 21, 2023
Closed on
Oct 10, 2023
Sold by
Jacovini Peter and Jacovini Connie B
Bought by
Sponaugle Glen
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$3,395,000
Sold Price
$3,200,000
Premium/Discount to List
-$195,000
-5.74%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$2,000,000
Interest Rate
7.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 2002
Sold by
Martelli And Martelli Assoc
Bought by
Jacovini Peter and Jacovini Connie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.84%

Purchase Details

Closed on
Aug 6, 1993
Sold by
Martelli G R
Bought by
Martelli Guido and Martelli Mary I
Source: Public Records

Range of Values:

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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
Sponaugle Glen -- None Listed On Document
Sponaugle Glen -- None Listed On Document
Sponaugle Glen $3,200,000 Seaboard Title
Jacovini Peter $1,025,000 --
Martelli Guido -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sponaugle Glen $2,000,000
Previous Owner Jacovini Peter $535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $3,200,000 -5.7% $1,109 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $3,395,000 -- $1,176 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $11,414 $1,550,000 $1,550,000 --
2024 $11,414 $1,858,900 $1,550,000 $308,900
2023 $11,321 $1,858,900 $1,550,000 $308,900
2022 $10,559 $1,858,900 $1,550,000 $308,900
2021 $10,168 $1,858,900 $1,550,000 $308,900
2020 $9,778 $1,858,900 $1,550,000 $308,900
2019 $9,480 $1,858,900 $1,550,000 $308,900
2018 $9,071 $1,858,900 $1,550,000 $308,900
2017 $8,278 $1,488,800 $1,200,000 $288,800
2016 $8,188 $1,488,800 $1,200,000 $288,800
2015 $8,054 $1,488,800 $1,200,000 $288,800
2014 $7,965 $1,488,800 $1,200,000 $288,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 576121

South Jersey Shore Regional MLS

APN: 01-00006-03-00029