$6,700,000
SOLD JAN 9, 2020

141 65th St Avalon, NJ 08202

6 Beds
5 Baths
4,581 Sq Ft
1.38 Acres

Recently Sold

$1,463 Per Sq Ft

4% Below List Price

1 Day on Market

Highlights

  • Beach Front
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of January 2021

This home is located at 141 65th St, Avalon, NJ 08202 and is currently priced at $6,700,000, approximately $1,462 per square foot. This property was built in 2008. 141 65th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 12/04/2019

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,593

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 60x110
  • Building is beachfront but unit may not have water views
  • Beach Front
  • Property is zoned res.

Home Design

  • Upside Down Style Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 4,581 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Utilities

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

Listing and Financial Details

  • Rent includes cable
  • Legal Lot and Block 39 / 64

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, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Oceanfront
  • Also Includes: Curtains, Shades, Blinds, Furniture
  • Estimated Year Built: 2008
  • New Construction: No
  • Second Address Number: 141
  • Lot Size2: 60x110
  • Price per Sq Ft: 1462.56
  • Selling Agent1: 3502
  • Selling Office1: 29
  • 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, Burglar Alarm, Smoke/Fire Detector, Wine Cooler
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 12
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4581
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Brick, Stone
  • Frontage: 60
  • House Color: Tan Stone
  • Outside Features: Patio, Deck, Porch, Grill, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 3 Car, See Remarks

Utilities

  • Cooling: Central Air Condition, 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
  • Total Assessment: 7763400
  • Zoning: res.

Rental Info

  • Not Included In Rent: Cable

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
Jack Binder
FERGUSON-DECHERT, INC
List Price
$6,995,000
Sold Price
$6,700,000
Premium/Discount to List
-$295,000
-4.22%
Current Estimated Value
$8,500,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,800,790
Avg. Annual Appreciation
4.97%
Original Mortgage
$3,000,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Jack Binder
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
$3,000,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $7,750,000 None Available
Deed $6,700,000 None Available
Interfamily Deed Transfer -- Seaboard Title Agency
Deed $5,200,000 Seaboard Title Agency
Deed -- Commonwealth Land Title Insu
Deed $5,450,000 Commonwealth Land Title
Deed $4,000,000 --
Deed $3,250,000 --
Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $4,000,000 Purchase Money Mortgage
Previous Owner $3,500,000 No Value Available
Previous Owner $3,150,000 Adjustable Rate Mortgage/ARM
Previous Owner $8,000,000 Unknown
Previous Owner $0 Stand Alone Second
Previous Owner $1,800,000 Purchase Money Mortgage
Previous Owner $500,000 Unknown
Previous Owner $4,475,000 New Conventional
Previous Owner $1,500,000 Unknown
Previous Owner $1,000,000 Unknown
Previous Owner $1,000,000 Unknown
Previous Owner $2,000,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $5,000,000 Construction
Previous Owner $2,500,000 Unknown
Previous Owner $2,000,000 Purchase Money Mortgage
Previous Owner $2,200,000 No Value Available
Closed $500,000 No Value Available
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: 190798

Cape May County Association of REALTORS®

APN: 01-00064-03-00039