NOT LISTED FOR SALE

1605 Ocean Dr Unit B Avalon, NJ 08202

Estimated Value: $1,062,587 - $1,223,000

3 Beds
2 Baths
1,190 Sq Ft
7,405 Sq Ft Lot

Last Sold February 20, 2018

Last sale price $535,000 $450 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,425/month

15 Days on Market

Highlights

  • Furnished
  • Interior Lot
  • 1-Story Property
  • Avalon Elementary School Rated A
  • Living Room
  • Central Air

About This Home

As of February 2018

This home is located at 1605 Ocean Dr Unit B, Avalon, NJ 08202 since 14 January 2018 and is currently estimated at $1,113,397, approximately $935 per square foot. This property was built in 1981. 1605 Ocean Dr Unit B is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 01/14/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1981

Lot Details

  • 7,405

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Wall to Wall Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 64 / 16

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,502

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Also Includes: Drapes, Curtains, Shades, Furniture
  • Estimated Year Built: 1981
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 1605
  • Price per Sq Ft: 449.58
  • Selling Agent1: 191
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1981

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1190
  • Other Rooms: Living Room, Dining Room, Kitchen

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: B
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Cable TV
  • Condo Fees: 2400
  • Unit Features: Wall To Wall Carpet

Lot Info

  • Lot Number: 64
  • Total Assessment: 450000

Tax Info

  • Taxes: 2502
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2018
Closed on
Feb 14, 2018
Sold by
Williams Mata
Bought by
Jabb 5 Llc
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$539,500
Sold Price
$535,000
Premium/Discount to List
-$4,500
-0.83%
Total Days on Market
15
Current Estimated Value
$1,113,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,397
Avg. Annual Appreciation
11.49%

Purchase Details

Listed on
Feb 26, 2015
Closed on
Apr 24, 2015
Sold by
Arthin Samuel T
Bought by
Williams Matthew A
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.33%
Original Mortgage
$53,000
Interest Rate
3.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2005
Sold by
Mcnally Jean M
Bought by
Arthin Samuel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2002
Sold by
Pucci Robert A
Bought by
Mcnally John J and Mcnally Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.84%

Purchase Details

Closed on
Apr 7, 1999
Sold by
Mosenson Jonathon
Bought by
Pucci Robert and Pucci Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.95%

Purchase Details

Closed on
Jan 27, 1993
Sold by
Mosenson Jonathan and Mosenson Andrea
Bought by
Mosenson Jonathan and Andrea Et Als

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
Jabb 5 Llc $535,000 --
Williams Matthew A $530,000 Seaboard Title Agency
Arthin Samuel T $575,000 --
Mcnally John J $282,000 --
Pucci Robert $136,000 --
Mosenson Jonathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Matthew A $53,000
Previous Owner Williams Matthew A $397,500
Previous Owner Arthin Samuel T $394,600
Previous Owner Arthin Samuel T $417,000
Previous Owner Arthin Samuel T $460,000
Previous Owner Mcnally John J $225,000
Previous Owner Pucci Robert $108,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold $535,000 -0.8% $450 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
01/14/2018 01/14/18 For Sale $539,500 +1.8% $453 / Sq Ft
04/24/2015 04/24/15 Sold $530,000 -0.9% $445 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $535,000 -- $450 / 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 $3,021 $492,000 $303,700 $188,300
2023 $2,996 $492,000 $303,700 $188,300
2022 $2,795 $492,000 $303,700 $188,300
2021 $2,691 $492,000 $303,700 $188,300
2020 $2,588 $492,000 $303,700 $188,300
2019 $2,509 $492,000 $303,700 $188,300
2018 $2,401 $492,000 $303,700 $188,300
2017 $2,502 $450,000 $290,800 $159,200
2016 $2,475 $450,000 $290,800 $159,200
2015 $2,435 $450,000 $290,800 $159,200
2014 -- $450,000 $290,800 $159,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180040

Cape May County Association of REALTORS®

APN: 01-00016-04-00064-02-C-B