Seller's Agent in 2015
William Albrecht
COMPASS RE - Avalon
(609) 602-3880
33 in this area
101 Total Sales
140 39th St Avalon, NJ 08202
Estimated Value: $4,755,422 - $5,441,000
6
Beds
5
Baths
3,687
Sq Ft
$1,361/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- In Ground Pool
- Building is beachfront but unit may not have water views
- Avalon Elementary School Rated A
- Property is near a beach
- 2-minute walk to 39th Street Park
About This Home
As of March 2015Outstanding NEW Custom design 6 bedroom 5 full bath 2 half bath home. The FRESH innovative design also features very large entertainment room leading out to the pool and outdoor bar, Butler's Pantry, Breakfast Bar, Oak Wood Flooring, Viking Kitchen Appliances, Custom Granite Tops, 48" Viking Double Oven Range, 4 Stop Elevator, etc.. This special property has great Ocean Views of the Pristine Beaches, is walking distance to town and tennis & basketball courts as well as playground at the end of the block. This property is now complete and OFFERED FULLY FURNISHED. Come see for yourself.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,935
Year Built
- Built in 2014 | Newly Remodeled
Lot Details
- Building is beachfront but unit may not have water views
- Fenced Yard
- Sprinkler System
- Property is zoned R-1C
Parking
- 3 Car Garage
Interior Spaces
- 3,687 Sq Ft Home
- 3-Story Property
- Elevator
- Furnished
- Bar
- Cathedral Ceiling
- Gas Fireplace
- Living Room
- Dining Room
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Property is near a beach
- Property near a bay
- Deck
- Outdoor Storage
Location
- Island Location
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 30.01 / 39.03
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2014
Closed on
Feb 28, 2015
Sold by
Mayer Scott J and Mayer Sandra F
Bought by
Franceschini Scott G and Franceschini Russell S
Seller's Agent
William Albrecht
COMPASS RE - Avalon
List Price
$2,799,000
Sold Price
$2,570,000
Premium/Discount to List
-$229,000
-8.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,447,141
Avg. Annual Appreciation
6.58%
Purchase Details
Closed on
Nov 25, 2013
Sold by
Pudlin David B and Williams Elinor Tama
Bought by
Mayer Scott J and Mayer Sandra F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
1%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franceschini Scott G | $2,570,000 | Fidelity Natl Title Ins Co | |
| Mayer Scott J | $1,306,251 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mayer Scott J | $1,725,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2015 03/04/15 | Sold | $2,570,000 | -8.2% | $697 / Sq Ft |
| 02/02/2015 02/02/15 | Pending | -- | -- | -- |
| 02/03/2014 02/03/14 | For Sale | $2,799,000 | -- | $759 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $14,955 | $2,435,700 | $1,300,000 | $1,135,700 |
| 2024 | $14,955 | $2,435,700 | $1,300,000 | $1,135,700 |
| 2023 | $14,833 | $2,435,700 | $1,300,000 | $1,135,700 |
| 2022 | $13,835 | $2,435,700 | $1,300,000 | $1,135,700 |
| 2021 | $13,286 | $2,435,700 | $1,300,000 | $1,135,700 |
| 2020 | $12,812 | $2,435,700 | $1,300,000 | $1,135,700 |
| 2019 | $12,422 | $2,435,700 | $1,300,000 | $1,135,700 |
| 2018 | $11,886 | $2,435,700 | $1,300,000 | $1,135,700 |
| 2017 | $10,588 | $1,904,300 | $925,000 | $979,300 |
| 2016 | $10,474 | $1,904,300 | $925,000 | $979,300 |
| 2015 | $10,302 | $1,904,300 | $925,000 | $979,300 |
| 2014 | $10,188 | $925,000 | $925,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
William Albrecht
Map
Source: Cape May County Association of REALTORS®
MLS Number: 155965
APN: 01 00039- 03-00030- 01
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