$960,000
SOLD MAR 15, 2023

1607 Ocean Dr Unit E Avalon, NJ 08202

3 Beds
2 Baths
1,190 Sq Ft
$217/mo HOA Fee

Recently Sold

$807 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Furnished
  • Avalon Elementary School Rated A
  • Island Location
  • Fireplace

About This Home

As of March 2023

See Assoc Docs for additional information

Last Agent to Sell the Property

John O'Dea

COMPASS RE - Avalon License #0571252 Listed on: 01/20/2023

COMPASS RE - Avalon

Co-Listed By

Craig Worton

COMPASS RE - Avalon

Last Buyer's Agent

Garret Kerr

Tim Kerr Sotheby's International Realty License #1866449

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1981

HOA Fees

  • $217 Monthly HOA Fees

Interior Spaces

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

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property near a bay
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 64 / 16.04

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,795

Year Built

Built in 1981

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Shades, Blinds, Rugs, Furniture
  • Estimated Year Built: 1981
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Capital Contribution: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 1607
  • Listing Office2: 849
  • Price per Sq Ft: 806.72
  • Selling Agent1: 5473
  • Selling Office1: 46
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1981

Interior Features

  • Appliances Included: Oven, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1190
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Black Top Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: E
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Cable TV
  • Condo Fees: 650
  • Unit Features: Fireplace, Wall To Wall Carpet, Laminate Fooring
  • Unit Location: Other (See Remarks)

Lot Info

  • Lot Number: 64
  • Total Assessment: 492000
  • Zoning: M_B

Tax Info

  • Taxes: 2794.56
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 15, 2023
Sold by
Saunders Ronald A
Bought by
Deangelis Christina and Pickard John Marshall
Seller's Agent
John O'Dea
COMPASS RE - Avalon
Buyer's Agent
Garret Kerr
Tim Kerr Sotheby's International Realty
List Price
$999,000
Sold Price
$960,000
Premium/Discount to List
-$39,000
-3.9%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$600,000
Outstanding Balance
$584,393
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$497,649

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 1, 2020
Sold by
Mateo John and Sperling-Mateo Randee
Bought by
Saunders Ronald A
Seller's Agent
CHRISTINE TUMELTY
Compass Real Estate-Avalon Dune Dr
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$665,000
Sold Price
$700,000
Premium/Discount to List
$35,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Oct 29, 1993
Sold by
Mosenson David
Bought by
Mateo John and Mateo Randee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.83%
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 $960,000 Seaboard Title
Deed $700,000 None Available
Deed $119,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $1,163,000 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $94,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
12/11/2024 12/11/24 For Sale $1,099,000 +14.5% $924 / Sq Ft
03/15/2023 03/15/23 Sold $960,000 -3.9% $807 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $999,000 +42.7% $839 / Sq Ft
10/01/2020 10/01/20 Sold $700,000 +5.3% --
09/06/2020 09/06/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $665,000 -- --
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 $2,509 $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 $2,408 $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: 230171

Cape May County Association of REALTORS®

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