$700,000
SOLD OCT 1, 2020

1607 Ocean Dr Unit E Avalon, NJ 08202

3 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

5% Above List Price

2 Days on Market

Highlights

  • Deck
  • Furnished
  • Shades
  • Avalon Elementary School Rated A
  • Den
  • Eat-In Kitchen

About This Home

As of March 2023

Ready for Avalon? It is now ready for you! This charming 2nd floor condo comes fully furnished and ready for you to move in and enjoy all that Avalon has to offer! This condo, near 16th St & Ocean Drive, is directly across from the bay! This well maintained and beautifully decorated unit is a walk to beach and all the shopping and dining Avalon has to offer, and is close to basketball courts, tennis courts, playground and soccer/lacrosse fields all located between 8th and 12th Street. Floor plan offers about 1,190 sf of island living and is complete with 3 generous sized BR, 2 lg Baths, an open and airy family room, dining area and eat-in kitchen with SS appliances and beautiful cabinetry. The unique deck space offers both a front AND a back deck for enjoying the sun rise in the morning and sunsets in the afternoon. The inviting decks which both have access to the ground floor, make the space feel even larger while providing beautiful cross breezes and magnificent sunlight. In addition to several large storage closets, the large laundry room with full size NEW W/D offers add'l storage space as well. Recent ext. improvements enhance the appeal of this property and include new maintenance free decking, railing and stairwells and newer roof and siding. Offers 1 car off-st pkg and storage unit and gas grill. This unit has never been a rental property but has tremendous rental potential! Approx. rental income of $40K per season! Avalon at this price will NOT last!

Last Agent to Sell the Property

CHRISTINE TUMELTY

Compass Real Estate-Avalon Dune Dr License #1433446 Listed on: 09/04/2020

Compass Real Estate-Avalon Dune Dr

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1981

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Den

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance

Amenities

  • Community Deck or Porch
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,021

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Fireplace Equipment, Furnished, Rugs, Shades
  • Lvt Date: 09/04/2020
  • Year Built: 1981
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Living Room, Wood Burning
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Cable Tv, Deck/Porch, Enclsd/Covered Porch, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Master Bath, Pets Allowed

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

Similar Home in Avalon, NJ

Range of Values:

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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 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: South Jersey Shore Regional MLS

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: South Jersey Shore Regional MLS

MLS Number: 541619

South Jersey Shore Regional MLS

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