NOT LISTED FOR SALE

1708 Ocean Dr Unit 1 Avalon, NJ 08202

Estimated Value: $2,005,000

3 Beds
2 Baths
1,116 Sq Ft
0.25 Acres

Last Sold March 21, 2017

Last sale price $450,000 $403 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $11,499/month

30 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Ground Level Unit
  • Avalon Elementary School Rated A
  • Corner Lot
  • Living Room

About This Home

As of March 2017

This home is located at 1708 Ocean Dr Unit 1, Avalon, NJ 08202 since 31 October 2016 and is currently estimated at $2,005,000, approximately $1,796 per square foot. This property was built in 1983. 1708 Ocean Dr Unit 1 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 10/31/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 1983

Lot Details

  • Property Fronts a Bay or Harbor
  • Interior Lot

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 67 / 17

Community Details

Recreation

  • Boat Dock

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,176

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Bay Front, Inside Lot, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Estimated Year Built: 1983
  • New Construction: No
  • OFFICELIST_ADDRESS2: Unit 1
  • Second Address Number: 1708
  • Price per Sq Ft: 403.23
  • Selling Agent1: 182
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1983

Interior Features

  • Appliances Included: Range, 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: 1116
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: 1
  • Common Area Features: Deck/Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Condo Fees: 925 Qtr
  • Unit Features: Wall To Wall Carpet
  • Unit Location: Corner, First Floor

Lot Info

  • Lot Number: 67
  • Sub Block: 05
  • Total Assessment: 577000
  • Zoning: M-B

Tax Info

  • Taxes: 3176.25
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2019
Sold by
Binder John A
Bought by
Button Eillen M and Manion Thomas E
Total Days on Market
30
Current Estimated Value
$2,005,000

Purchase Details

Listed on
Oct 31, 2016
Closed on
Mar 21, 2017
Sold by
Szyszko Walter B and Szyszko John E
Bought by
Binder John A
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$599,000
Sold Price
$450,000
Premium/Discount to List
-$149,000
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.80%

Purchase Details

Closed on
Oct 28, 1989
Sold by
Marshall Francis and Marshall Love
Bought by
Szysko Walter

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
Button Eillen M $929,000 --
Binder John A $45,000,000 Fidelity National Title
Szysko Walter $175,000 --
Szyszko Walter B $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szyszko John $267,062
Previous Owner Szyszko John $160,000
Previous Owner Szyszko Walter B $250,000
Previous Owner Szyszko Walter B $252,565
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2017 03/21/17 Sold $450,000 -24.9% $403 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
10/31/2016 10/31/16 For Sale $599,000 -- $537 / 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 $3,952 $643,700 $495,000 $148,700
2023 $3,920 $643,700 $495,000 $148,700
2022 $3,656 $643,700 $495,000 $148,700
2021 $3,283 $643,700 $495,000 $148,700
2020 $3,386 $643,700 $495,000 $148,700
2019 $3,283 $643,700 $495,000 $148,700
2018 $3,141 $643,700 $495,000 $148,700
2017 $3,211 $577,500 $450,000 $127,500
2016 $3,176 $577,500 $450,000 $127,500
2015 $3,124 $577,500 $450,000 $127,500
2014 $3,090 $577,500 $450,000 $127,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John A. (Jack) Binder

    FERGUSON-DECHERT, INC

    123 in this area

    159 Total Sales

    John A. (Jack) Binder
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 173158

Cape May County Association of REALTORS®

APN: 01-00017-05-00067-01-C-1

New Jersey Cape May County Avalon 08202

1708 Ocean Dr Unit 1, Avalon, NJ

Homes for Sale in Avalon, NJ

This home is located at 1708 Ocean Dr Unit 1, Avalon, NJ 08202 since 31 October 2016 and is currently estimated at $2,005,000, approximately $1,796 per square foot. This property was built in 1983. 1708 Ocean Dr Unit 1 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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