$530,000
SOLD APR 24, 2015

1605 Ocean Dr Unit B Avalon, NJ 08202

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

Recently Sold

$445 Per Sq Ft

1% Below List Price

27 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Fireplace
  • Avalon Elementary School Rated A
  • Furnished
  • Interior Lot

About This Home

As of February 2018

This updated condo offers a tremendous array of amenities! The convenient Park-n-Walk location offers easy access to Avalon's popular Business District, the beach & the Public Recreation area. Enjoy the bay view, front & rear decks, fireplace & carefree living! You'll have peace of mind knowing that substantial improvements & upgrades have been made to BOTH the exterior & the interior of the property. This is truly a "Turn-Key" property! Recent upgrades include a new roof, new siding, new maintenance-free decks w/vinyl railings & a new heat pump in 2011! See Addendum for additional info.

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 02/26/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1981

Interior Spaces

  • 1,190 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Property near a bay

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Legal Lot and Block 64.02 / 16.04

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,370

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 1981
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: Three
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1190
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: B
  • Common Area Features: Deck/Porch, Storage Facilities
  • Condo Fees: 500 Qtr
  • Unit Features: Fireplace, Wall To Wall Carpet
  • Unit Location: Water View

Lot Info

  • Lot Number: 64.02
  • Zoning: MB

Tax Info

  • Taxes: 2370

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%
Current Estimated Value
$1,083,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,137
Avg. Annual Appreciation
9.83%

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
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 $535,000 --
Deed $530,000 Seaboard Title Agency
Bargain Sale Deed $575,000 --
Deed $282,000 --
Deed $136,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $53,000 Credit Line Revolving
Previous Owner $397,500 New Conventional
Previous Owner $394,600 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $460,000 Fannie Mae Freddie Mac
Previous Owner $225,000 No Value Available
Previous Owner $108,800 No Value Available
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
2025 $3,021 $492,000 $303,700 $188,300
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: 162532

Cape May County Association of REALTORS®

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