NOT LISTED FOR SALE

1594 Ocean Dr Avalon, NJ 08202

Estimated Value: $1,834,912 - $2,338,000

3 Beds
2 Baths
1,520 Sq Ft
$1,334/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $1,200,000 $789 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $11,323/month

12 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Island Location
  • Corner Lot

About This Home

As of April 2017

This home is located at 1594 Ocean Dr, Avalon, NJ 08202 since 28 February 2017 and is currently estimated at $2,027,228, approximately $1,333 per square foot. This property was built in 1978. 1594 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 02/28/2017

Last Buyer's Agent

Non-Member Non-Member

Non Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,685

Year Built

  • Built in 1978

Lot Details

  • 3,311

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Additional Features

  • Property Fronts a Bay or Harbor
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1 / 15

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Boat Dock

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,685

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Bay Front, Corner, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1978
  • New Construction: No
  • Capital Contribution: No
  • Second Address Number: 1594
  • Price per Sq Ft: 789.47
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 1978

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • 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, Pantry, Laundry/Utility Room

Garage/Parking

  • Parking: Parking Pad, 2 Car, Stone Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: 1594
  • Common Area Features: Deck/Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Condo Fees: Fee Simple
  • Unit Features: Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 1
  • Sub Block: 05
  • Total Assessment: 851900
  • Zoning: RES

Tax Info

  • Taxes: 4685.45
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Apr 19, 2017
Sold by
Spinelli James A and Spinelli Linda
Bought by
Spinelli David L and Spinelli Kathleen A
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Current Estimated Value
$2,027,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827,228
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Nov 4, 1999
Sold by
Davis Douglas D
Bought by
Spinelli James A and Spinelli Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
7.68%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Ettore Robert C
Bought by
Davis Douglas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
7.04%
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
Spinelli David L $1,200,000 None Available
Spinelli James A $449,000 --
Davis Douglas D $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spinelli James A $359,200
Previous Owner Davis Douglas D $269,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $1,200,000 -5.9% $789 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $1,275,000 -- $839 / 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 $6,903 $1,124,200 $900,000 $224,200
2024 $6,903 $1,124,200 $900,000 $224,200
2023 $6,846 $1,124,200 $900,000 $224,200
2022 $6,385 $1,124,200 $900,000 $224,200
2021 $5,733 $1,124,200 $900,000 $224,200
2020 $5,913 $1,124,200 $900,000 $224,200
2019 $5,733 $1,124,200 $900,000 $224,200
2018 $5,486 $1,124,200 $900,000 $224,200
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

  • J

    Seller's Agent in 2017

    John A. (Jack) Binder

    FERGUSON-DECHERT, INC

    (610) 960-8892

    115 in this area

    148 Total Sales

    John A. (Jack) Binder
    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 174918

Cape May County Association of REALTORS®

APN: 01-00015-05-00001

New Jersey Cape May County Avalon 08202

1594 Ocean Dr, Avalon, NJ

This home is located at 1594 Ocean Dr, Avalon, NJ 08202 since 28 February 2017 and is currently estimated at $2,027,228, approximately $1,333 per square foot. This property was built in 1978. 1594 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

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