NOT LISTED FOR SALE

1594 Ocean Dr Avalon, NJ 08202

Estimated Value: $1,510,000 - $2,484,000

3 Beds
2 Baths
1,520 Sq Ft
$1,293/Sq Ft Est. Value

Last Sold April 24, 2017

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

Est. 64% increase in value since last sale

Current estimated payment $11,523/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 $1,965,300, approximately $1,292 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 Listed By

John A. (Jack) Binder

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

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%
Total Days on Market
12
Current Estimated Value
$1,965,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,300
Avg. Annual Appreciation
7.06%

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%

Range of Values:

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Average Value
Not Available
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 $937,500
Previous Owner Spinelli James A $600,000
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
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

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174918

Cape May County Association of REALTORS®

APN: 01-00015-05-00001