NOT LISTED FOR SALE

1719 Ocean Dr Unit 5 Avalon, NJ 08202

Estimated Value: $1,092,000

3 Beds
2 Baths
1,210 Sq Ft
$346/mo HOA Fee

Last Sold April 29, 2022

Last sale price $925,000 $764 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,391/month

92 Days on Market

Highlights

  • Water Views
  • Island Location
  • Community Pool
  • Avalon Elementary School Rated A
  • Great Room
  • Interior Lot

About This Home

As of April 2022

There is a pool assessment which will be on-going at least through the 1st Quarter of 2022 and possibly 2nd and 3rd quarter of 2022. The condo association needs to make sure there is enough in the Reserve account to cover the cost of new pool tile, coping and plaster plus money still remaining to keep the Reserve account funded. Amount of pool assessment is $350.00 per quarter.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 11/17/2021

Last Buyer's Agent

Raymond Sampson

FERGUSON-DECHERT, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,856

Year Built

  • Built in 1984

Lot Details

  • 0.27

HOA Fees

  • $346 Monthly HOA Fees

Interior Spaces

  • 1,210 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Great Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 65 C-5 / 17.04

Community Details

Recreation

  • Community Pool

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,856

Year Built

Built in 1984

Lot Details

0

HOA Fees

$346 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay and Town
  • Also Includes: Blinds
  • Estimated Year Built: 1984
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1984

Interior Features

  • Appliances Included: Range, Self-Clean 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: 1210
  • Other Rooms: Kitchen, Dining Area, Laundry/Utility Room, Great Room

Garage/Parking

  • Parking: Assigned Parking, Black Top Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Outside Shower, Pool
  • Condo Fees: 1037.77
  • Unit Features: Wall To Wall Carpet
  • Unit Location: Other (See Remarks)

Lot Info

  • Lot Number: 65 C-5
  • Total Assessment: 542900
  • Zoning: M-B

Tax Info

  • Taxes: 2855.65
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Apr 21, 2022
Sold by
Hilton Hansbury Elizabeth G
Bought by
Reitars Lawrence I and Reitars Susan E
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Raymond Sampson
FERGUSON-DECHERT, INC
List Price
$949,000
Sold Price
$925,000
Premium/Discount to List
-$24,000
-2.53%
Current Estimated Value
$1,092,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,000
Avg. Annual Appreciation
4.75%
Original Mortgage
$647,205
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1987
Bought by
Hilton Gary J and Hilton Carol
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reitars Lawrence I $925,000 Ridolfi Robert N
Hilton Gary J $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reitars Lawrence I $647,205
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $925,000 -2.5% $764 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
11/17/2021 11/17/21 For Sale $949,000 -- $784 / 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
2025 $3,333 $542,900 $383,000 $159,900
2024 $3,333 $542,900 $383,000 $159,900
2023 $3,306 $542,900 $383,000 $159,900
2022 $3,084 $542,900 $383,000 $159,900
2021 $2,970 $542,900 $383,000 $159,900
2020 $2,856 $542,900 $383,000 $159,900
2019 $2,769 $542,900 $383,000 $159,900
2018 $2,649 $542,900 $383,000 $159,900
2017 $2,399 $431,500 $278,900 $152,600
2016 $2,373 $431,500 $278,900 $152,600
2015 $2,334 $431,500 $278,900 $152,600
2014 $2,309 $431,500 $278,900 $152,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 778-8656

    105 in this area

    134 Total Sales

    Jack Binder
    Section Image

  • R

    Buyer's Agent in 2022

    Raymond Sampson

    FERGUSON-DECHERT, INC

    (610) 960-8892

    14 in this area

    17 Total Sales

    Raymond Sampson
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214180

Cape May County Association of REALTORS®

APN: 01-00017-04-00065-0000-C-5

New Jersey Cape May County Avalon 08202

1719 Ocean Dr Unit 5, Avalon, NJ

Not Listed for Sale

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