NOT LISTED FOR SALE

1566 Ocean Dr Unit 1 Avalon, NJ 08202

Estimated Value: $1,651,000 - $2,084,000

3 Beds
2 Baths
1,520 Sq Ft
$1,252/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $1,139,000 $749 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $10,623/month

47 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Furnished
  • Avalon Elementary School Rated A
  • Island Location
  • Walk-In Closet

About This Home

As of December 2019

Seller is also offering for sale, separately, a pro-Line Walk-around boat with a cuddy cabin and Yamaha engine, 150 horsepower, 4 years old with 44 stroke engine with low hours for $16,000. Showings by appointment only and easily accessed by lockbox. Call showing desk for appointments. Lockbox located below front steps. "PROPERTY MUST CLOSE NO LATER THAN DECEMBER 16, 2019"

Last Agent to Sell the Property

Carolanne Helverson

RE/MAX SURFSIDE - WC License #8330878 Listed on: 08/02/2019

Co-Listed By

Robert Helverson

RE/MAX At The Shore

Last Buyer's Agent

Paul Sudell

FERGUSON-DECHERT, INC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 1978

Lot Details

  • 2,222

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Bulkhead
  • Property Fronts a Bay or Harbor
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 4 / 15

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,492

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Everything
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 1978
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Capital Contribution: No
  • Pet Friendly: Owners allowed pets
  • Listing Office2: 266
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 1978

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1520
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 2 Car, Black Top Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Heat Pump
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Enclosed/Cov. Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV
  • Unit Features: Kitchen Center Island, Walk-In/Cedar Closet, Wall To Wall Carpet, Tile Floors
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 4
  • Total Assessment: 1125500
  • Zoning: Res

Tax Info

  • Taxes: 5492
  • Tax Year: 2018-2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 1992
Sold by
New Jersey Dep
Bought by
Hoffman Joseph C
Current Estimated Value
$1,902,553

Purchase Details

Closed on
May 24, 1991
Sold by
Bakerdavid Pa Trustee
Bought by
Hoffman Joseph C

Purchase Details

Closed on
Sep 13, 1988
Sold by
Haley Vincent
Bought by
Batchelet Richard and Batchelet Edna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoffman Joseph C $37,300 --
Hoffman Joseph C -- --
Baker,David Pa Trustee $260,000 --
Hoffman Joseph C $260,000 --
Batchelet Richard $230,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $1,139,000 0.0% $749 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $1,139,000 -- $749 / 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 $6,911 $1,125,500 $900,000 $225,500
2024 $6,911 $1,125,500 $900,000 $225,500
2023 $6,854 $1,125,500 $900,000 $225,500
2022 $6,393 $1,125,500 $900,000 $225,500
2021 $6,156 $1,125,500 $900,000 $225,500
2020 $5,920 $1,125,500 $900,000 $225,500
2019 $5,740 $1,125,500 $900,000 $225,500
2018 $5,492 $1,125,500 $900,000 $225,500
2017 $4,737 $851,900 $675,000 $176,900
2016 $4,685 $851,900 $675,000 $176,900
2015 $4,609 $851,900 $675,000 $176,900
2014 $4,558 $851,900 $675,000 $176,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 188899

Cape May County Association of REALTORS®

APN: 01-00015-05-00004