NOT LISTED FOR SALE

1708 Ocean Dr Unit 8 Avalon, NJ 08202

Estimated Value: $1,467,000

3 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold January 04, 2017

Last sale price $658,000

Est. 123% increase in value since last sale

Current estimated payment $8,501/month

84 Days on Market

Highlights

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

About This Home

As of January 2017

This home is located at 1708 Ocean Dr Unit 8, Avalon, NJ 08202 since 12 May 2016 and is currently estimated at $1,467,000. This property was built in 1983. 1708 Ocean Dr Unit 8 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: 05/12/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1983

Lot Details

  • Property Fronts a Bay or Harbor

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

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

  • 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

$3,117

Year Built

Built in 1983

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: 1983
  • New Construction: No
  • OFFICELIST_ADDRESS2: Unit 8
  • Second Address Number: 1708
  • Selling Agent1: 3502
  • 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: Oven, 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
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Parking Pad, 1 Car, Assigned Parking, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: 8
  • 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: Water View

Lot Info

  • Lot Number: 67
  • Sub Block: 05
  • Total Assessment: 576200
  • Zoning: M-B

Tax Info

  • Taxes: 3117.24
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jan 4, 2017
Sold by
Mcdonald Thomas P and Mcdonald Mildred A
Bought by
Mcgill Francis E and Mcgill Esther
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$715,000
Sold Price
$658,000
Premium/Discount to List
-$57,000
-7.97%
Total Days on Market
84
Current Estimated Value
$1,467,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,000
Avg. Annual Appreciation
12.06%
Original Mortgage
$427,000
Outstanding Balance
$356,912
Interest Rate
4.2%
Estimated Equity
$1,351,088

Purchase Details

Closed on
Jan 11, 1993
Sold by
Marshall Travis John
Bought by
Mcdonald Thomas P and Mcdonald Mildred A

Purchase Details

Closed on
Aug 29, 1991
Sold by
Marshallfrancis E & Love A
Bought by
Marshall Travis John

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
Mcgill Francis E $658,000 None Available
Mcdonald Thomas P $180,000 --
Mcdonald Thomas P $180,000 --
Marshall Travis John $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Francis $427,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2017 01/04/17 Sold $658,000 -8.0% --
12/05/2016 12/05/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $715,000 -- --
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 $3,943 $642,200 $495,000 $147,200
2023 $3,911 $642,200 $495,000 $147,200
2022 $3,648 $642,200 $495,000 $147,200
2021 $3,275 $642,200 $495,000 $147,200
2020 $3,378 $642,200 $495,000 $147,200
2019 $3,275 $642,200 $495,000 $147,200
2018 $3,134 $642,200 $495,000 $147,200
2017 $3,204 $576,200 $450,000 $126,200
2016 $3,169 $576,200 $450,000 $126,200
2015 $3,117 $576,200 $450,000 $126,200
2014 $3,083 $576,200 $450,000 $126,200
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
    Section Image

  • J

    Buyer's Agent in 2017

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 967-4200

    142 in this area

    177 Total Sales

    Jack Binder
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170243

Cape May County Association of REALTORS®

APN: 01-00017-05-00067-01-C-8

New Jersey Cape May County Avalon 08202

1708 Ocean Dr Unit 8, Avalon, NJ

Homes for Sale in Avalon, NJ

This home is located at 1708 Ocean Dr Unit 8, Avalon, NJ 08202 since 12 May 2016 and is currently estimated at $1,467,000. This property was built in 1983. 1708 Ocean Dr Unit 8 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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