NOT LISTED FOR SALE

1668 Ocean Dr Unit B-9 Avalon, NJ 08202

Estimated Value: $2,001,000

3 Beds
2 Baths
-- Sq Ft
0.39 Acres

Last Sold October 30, 2018

Last sale price $865,000

Est. 131% increase in value since last sale

Current estimated payment $11,420/month

56 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Walk-In Closet

About This Home

As of October 2018

One time reserve requirement of $950 for new owners.

Last Listed By

David E. Baxter

FERGUSON-DECHERT, INC License #1757294 Listed on: 07/06/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 1984

Lot Details

  • 0.39

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Water Views
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

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

Additional Features

  • Bulkhead
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Legal Lot and Block 67.02 CB-9 / 16.05

Community Details

Recreation

  • Boat Dock

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,408

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Shades, Blinds, Rugs, Furniture
  • Estimated Year Built: 1984
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 1668
  • Selling Agent1: 4571
  • 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, Burglar Alarm, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: B-9
  • Common Area Features: Deck/Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV
  • Condo Fees: 950/Qtr.
  • Unit Features: Walk-In/Cedar Closet, Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 67.02 CB-9

Tax Info

  • Taxes: 3407.72
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Sep 7, 2018
Sold by
Gottshall Beth L
Bought by
Minalga John F and Minalga Wndy L
Seller's Agent
David E. Baxter
FERGUSON-DECHERT, INC
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Total Days on Market
56
Current Estimated Value
$2,001,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,136,000
Avg. Annual Appreciation
11.00%
Original Mortgage
$500,000
Outstanding Balance
$439,714
Interest Rate
4.7%
Mortgage Type
Unknown
Estimated Equity
$1,275,286

Purchase Details

Closed on
Jan 19, 2006
Sold by
Voros Robert S
Bought by
Kelly Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Powers Lisa C
Bought by
Voros Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.98%

Purchase Details

Closed on
Aug 18, 1987
Sold by
Beausang Jr Michael F and Beausang Deborah D
Bought by
Scullin Patrick D and Scullin Scullin

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 $860,000 --
Kelly Stephen E $870,000 None Available
Voros Robert S $525,000 --
Scullin Patrick D $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrovcik Ann M $500,000
Previous Owner Kelly Stephen E $400,000
Previous Owner Kelly Stephen E $417,000
Previous Owner Voros Robert S $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $865,000 -3.8% --
09/30/2018 09/30/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $899,000 -- --
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 $3,927 $639,500 $485,000 $154,500
2023 $3,895 $639,500 $485,000 $154,500
2022 $3,632 $639,500 $485,000 $154,500
2021 $3,498 $639,500 $485,000 $154,500
2020 $3,364 $639,500 $485,000 $154,500
2019 $3,261 $639,500 $485,000 $154,500
2018 $3,121 $639,500 $485,000 $154,500
2017 $3,408 $612,900 $474,800 $138,100
2016 $3,371 $612,900 $474,800 $138,100
2015 $3,316 $612,900 $474,800 $138,100
2014 $3,279 $612,900 $474,800 $138,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 182799

Cape May County Association of REALTORS®

APN: 01-00016-05-00067-02-CB-9