NOT LISTED FOR SALE

138 31st St Avalon, NJ 08202

Estimated Value: $3,755,643 - $4,365,000

6 Beds
5 Baths
856 Sq Ft
$4,745/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $1,760,000 $2,056 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $22,619/month

299 Days on Market

Highlights

  • Newly Remodeled
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 3-minute walk to Avalon Parks & Recreation Department

About This Home

As of February 2015

Brand new for the summer of 2014! This beautiful six bedroom, five-and-a-half bathroom home is located on one of the most sought after streets in town. With no through traffic, 31st Street leaves you just a block and a half to the beach and steps from the center of Avalon. Look up and down the street at all of the new construction that has happened in the past few years. Some of the many upgrades to this beautiful home include distressed, hand-scraped, oak hardwood flooring, stainless steel appliances, a wine refrigerator, stone countertops, a gas fireplace, central vac and a first floor family room with beautiful wet bar. Each of the expansive entertaining spaces is wired for surround sound. Don't miss this special opportunity to purchase your new shore home in one of the best locations available! Construction will be completed in late April or early May. A storage garage will be added in the rear yard prior to closing. Ask agent for more details.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 04/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,746

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 5,489

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Additional Features

  • Interior Lot
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 30 / 31.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,746

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Beach and Town
  • Estimated Year Built: 2014
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 2 Car, Detached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 30
  • Lot Size: 50' x 110'
  • Zoning: RES
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 01000310003000300000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Feb 27, 2015
Sold by
Kens Shore Thing Llc
Bought by
Mullen Joseph F and Mullen Kelly J
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$1,895,000
Sold Price
$1,760,000
Premium/Discount to List
-$135,000
-7.12%
Current Estimated Value
$4,061,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,301,661
Avg. Annual Appreciation
8.37%
Original Mortgage
$1,408,000
Outstanding Balance
$1,058,931
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,053,994

Purchase Details

Closed on
Oct 18, 2013
Sold by
Hanlon Francis B O and Hanlon Nancy C O
Bought by
Kens Shore Thing Llc

Purchase Details

Closed on
Sep 13, 1997
Sold by
Barger James
Bought by
O'Hamlon Fancis and O'Hamlon Nancy

Purchase Details

Closed on
Sep 6, 1991
Sold by
Barger James B and Barger Jeanne D
Bought by
Barger James B
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
Mullen Joseph F $1,760,000 Seaboard Title Agency
Kens Shore Thing Llc $875,000 Shore Title Agency Inc
O'Hamlon Fancis $199,000 --
Barger James B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Joseph F $1,408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $1,760,000 -7.1% $2,056 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
04/04/2014 04/04/14 For Sale $1,895,000 -- $2,214 / 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 $11,746 $1,913,000 $900,000 $1,013,000
2024 $11,746 $1,913,000 $900,000 $1,013,000
2023 $11,650 $1,913,000 $900,000 $1,013,000
2022 $10,866 $1,913,000 $900,000 $1,013,000
2021 $10,464 $1,913,000 $900,000 $1,013,000
2020 $10,062 $1,913,000 $900,000 $1,013,000
2019 $9,756 $1,913,000 $900,000 $1,013,000
2018 $9,335 $1,913,000 $900,000 $1,013,000
2017 $8,142 $1,464,300 $700,000 $764,300
2016 $8,054 $1,464,300 $700,000 $764,300
2015 $7,922 $1,435,200 $700,000 $735,200
2014 $7,678 $700,000 $700,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 157159

Cape May County Association of REALTORS®

APN: 01-00031-03-00030