NOT LISTED FOR SALE

1668 Ocean Dr Unit B-3 Avalon, NJ 08202

Estimated Value: $2,110,000

3 Beds
2 Baths
1,120 Sq Ft
0.39 Acres

Last Sold September 07, 2018

Last sale price $860,000 $768 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $12,074/month

19 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Living Room

About This Home

As of September 2018

Sale subject to 2018 leases.

Last Listed By

Jack Binder

FERGUSON-DECHERT, INC Listed on: 06/08/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,336

Year Built

  • Built in 1984

Lot Details

  • Property Fronts a Bay or Harbor

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Parking Pad
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 67-02-CB-3 / 16

Community Details

Recreation

  • Boat Dock

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,336

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1984
  • New Construction: No
  • Capital Contribution: No
  • OFFICELIST_ADDRESS2: Unit B-3
  • Second Address Number: 1668
  • Price per Sq Ft: 767.86
  • Selling Agent1: 4562
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1984

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave 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: 1120
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Unit: B-3
  • Common Area Features: Deck/Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Condo Fees: 950 QTR
  • Unit Features: Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Water View

Lot Info

  • Lot Number: 67-02-CB-3
  • Sub Block: 05
  • Total Assessment: 600000
  • Zoning: M-B

Tax Info

  • Taxes: 3336
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Minalga John F and Minalga Wndy L
Bought by
Minalga John F and Minalga Wendy L
Total Days on Market
19
Current Estimated Value
$2,110,000

Purchase Details

Closed on
Mar 12, 2005
Sold by
Irvine Bruce A and Irvine Gail W
Bought by
Gottshall Beth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1991
Sold by
Morgan Leonard W and Morgan Kathleen
Bought by
Irvine Bruce A and Irvine Gail W

Range of Values:

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Average Value
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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
Minalga John F -- None Available
Gottshall Beth L $840,000 --
Irvine Bruce A $174,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gottshall Beth L $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $860,000 -4.3% $768 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $899,000 -- $803 / 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 $3,828 $623,400 $480,000 $143,400
2023 $3,797 $623,400 $480,000 $143,400
2022 $3,541 $623,400 $480,000 $143,400
2021 $3,179 $623,400 $480,000 $143,400
2020 $3,279 $623,400 $480,000 $143,400
2019 $3,179 $623,400 $480,000 $143,400
2018 $3,042 $623,400 $480,000 $143,400
2017 $3,336 $600,000 $471,900 $128,100
2016 $3,300 $600,000 $471,900 $128,100
2015 $3,246 $600,000 $471,900 $128,100
2014 $3,210 $600,000 $471,900 $128,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 182375

Cape May County Association of REALTORS®

APN: 01-00016-05-00067-02-CB-3