NOT LISTED FOR SALE

141 65th St Avalon, NJ 08202

Estimated Value: $6,502,000 - $9,908,207

6 Beds
5 Baths
4,581 Sq Ft
$1,701/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $7,750,000 $1,692 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $45,287/month

31 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Island Location
  • Avalon Elementary School Rated A
  • Building is beachfront but unit may not have water views
  • Deck

About This Home

As of January 2021

Subject to 2020 leases. The property has not been able to be shown for the past 6 weeks.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 07/30/2020

Last Buyer's Agent

Barbara G. Roff

LONG & FOSTER REAL ESTATE, INC av License #8035304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,593

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 60' x 110'
  • Building is beachfront but unit may not have water views
  • Beach Front
  • Fenced Yard
  • Sprinkler System

Parking

  • Stone Driveway

Home Design

  • Upside Down Style Home
  • Stone Exterior Construction

Interior Spaces

  • 4,581 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 39 / 64.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,593

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Beach Front, Island, Water Front
  • District Township: 01-Avalon Borough
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 2008
  • New Construction: No
  • Second Address Number: 141
  • Lot Size2: 60' x 110'
  • Price per Sq Ft: 1691.77
  • Selling Agent1: 46
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 15
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4581
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Stone
  • Frontage: 60
  • Outside Features: Deck, Enclosed/Covered Patio, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Stone 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: 39
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 39593.34
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 11, 2020
Sold by
Welsh Thomas J
Bought by
141 65Th Street Llc
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$6,995,000
Sold Price
$6,700,000
Premium/Discount to List
-$295,000
-4.22%
Current Estimated Value
$7,792,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,092,736
Avg. Annual Appreciation
2.67%
Original Mortgage
$4,000,000
Interest Rate
1.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 9, 2020
Sold by
G K Pafrvatha Reddi T
Bought by
Welsh Thomas J
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$6,995,000
Sold Price
$6,700,000
Premium/Discount to List
-$295,000
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
1.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2013
Sold by
Gopala Krishna Parvatha Reddi Gst Trust and Reddi Sashi
Bought by
Gopala Krishna Parvatha Reddi Gst Trust and Parvatha Reddi Sashi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2013
Sold by
Mcgrath Family Limited Partnership I
Bought by
Gopala Krishna Parvatha Reddi Gst Trust and Reddi Sashi

Purchase Details

Closed on
Nov 12, 2010
Sold by
Mcgrath John J and Mcgrath Denise
Bought by
Mcgrath Family Limited Partnership I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Welsh Thomas J
Bought by
Mcgrath John J and Mcgrath Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 13, 2005
Sold by
Blanchard Family Trust
Bought by
Welsh Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2001
Sold by
Mary Catherine Baldwin Paone
Bought by
Blanchard Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
6.89%

Purchase Details

Closed on
Jul 25, 1991
Sold by
Paone Mary Catherine Baldwin
Bought by
Paone,Mary C B Trust Et Als

Purchase Details

Closed on
Jul 24, 1991
Sold by
Paone Salvatore S
Bought by
Paone Mry Catherine Baldwin
Source: Public Records

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
141 65Th Street Llc $7,750,000 None Available
Welsh Thomas J $6,700,000 None Available
Gopala Krishna Parvatha Reddi Gst Trust -- Seaboard Title Agency
Gopala Krishna Parvatha Reddi Gst Trust $5,200,000 Seaboard Title Agency
Mcgrath Family Limited Partnership I -- Commonwealth Land Title Insu
Mcgrath John J $5,450,000 Commonwealth Land Title
Welsh Thomas J $4,000,000 --
Blanchard Family Trust $3,250,000 --
Paone,Mary C B Trust Et Als -- --
Paone Mry Catherine Baldwin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 141 65Th Street Llc $4,000,000
Previous Owner Gopala Krishna Parvatha Reddi Gst Trust $3,150,000
Previous Owner Mcgrath Family Limited Partnership I $1,800,000
Previous Owner Mcgrath John J $5,000,000
Previous Owner Welsh Thomas J $2,000,000
Previous Owner Blanchard Family Trust $2,200,000
Closed Welsh Thomas J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $7,750,000 -3.1% $1,692 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $7,995,000 +19.3% $1,745 / Sq Ft
01/09/2020 01/09/20 Sold $6,700,000 -4.2% $1,463 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $6,995,000 -- $1,527 / 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 $47,667 $7,763,400 $6,500,000 $1,263,400
2024 $47,667 $7,763,400 $6,500,000 $1,263,400
2023 $47,279 $7,763,400 $6,500,000 $1,263,400
2022 $44,096 $7,763,400 $6,500,000 $1,263,400
2021 $42,466 $7,763,400 $6,500,000 $1,263,400
2020 $40,835 $7,763,400 $6,500,000 $1,263,400
2019 $39,593 $7,763,400 $6,500,000 $1,263,400
2018 $37,885 $7,763,400 $6,500,000 $1,263,400
2017 $34,130 $6,138,400 $5,000,000 $1,138,400
2016 $33,761 $6,138,400 $5,000,000 $1,138,400
2015 $33,209 $6,138,400 $5,000,000 $1,138,400
2014 $32,840 $6,138,400 $5,000,000 $1,138,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202663

Cape May County Association of REALTORS®

APN: 01-00064-03-00039