NOT LISTED FOR SALE

176 61st St Avalon, NJ 08202

Estimated Value: $4,375,000 - $10,612,221

6 Beds
6 Baths
5,700 Sq Ft
$1,335/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $7,500,000 $1,316 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $45,651/month

1,052 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Contemporary Architecture
  • Avalon Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of July 2020

This home is located at 176 61st St, Avalon, NJ 08202 since 14 July 2017 and is currently estimated at $7,611,074, approximately $1,335 per square foot. This property was built in 2008. 176 61st St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

Sandra T. Struble

LONG & FOSTER REAL ESTATE, INC av License #8035620 Listed on: 07/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,517

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 120 x 110
  • Beach Front
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1B

Parking

  • 1 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 5,700 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • In Ground Pool
  • Deck
  • Enclosed patio or porch
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 28 / 61

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,517

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front
  • District Township: 01-Avalon Borough
  • Near: Beachfront
  • Also Includes: Drapes, Blinds, Rugs, Fireplace Equipment, Furniture, Window Treatments
  • Estimated Year Built: 2008
  • New Construction: No
  • Second Address Number: 176
  • Lot Size2: 120 x 110
  • Price per Sq Ft: 1315.79
  • Selling Agent1: 485
  • Selling Office1: 25
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2008

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Handicap Features, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 15
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 5700
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room

Exterior Features

  • Construction: Contemporary, Three Story
  • Exterior: Wood
  • House Color: white
  • Outside Features: Deck, Enclosed/Covered Patio, Grill, Fenced Yard, Cable TV, Sidewalks, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached, See Remarks

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 28
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 6457700
  • Zoning: R-1B

Tax Info

  • Taxes: 35517
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Jul 17, 2020
Sold by
Mancuso Michael J and Mancuso Polly E
Bought by
176 61St Street Llc
Seller's Agent
Sandra T. Struble
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Stephen Frame
DILLER FISHER REALTORS
List Price
$9,975,000
Sold Price
$7,500,000
Premium/Discount to List
-$2,475,000
-24.81%
Total Days on Market
1052
Current Estimated Value
$7,611,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,074
Avg. Annual Appreciation
0.31%
Original Mortgage
$5,250,000
Outstanding Balance
$4,651,196
Interest Rate
2.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,959,878

Purchase Details

Closed on
Sep 16, 2006
Sold by
176 61St Street Llc
Bought by
Mancuso Michael J and Mancuso Polly E

Purchase Details

Closed on
Jun 9, 2005
Sold by
Mastrangelo Michael A
Bought by
176 61St Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2005
Sold by
Mastrangelo Michael A
Bought by
Mastrangelo Avalon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.83%
Mortgage Type
Unknown

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
176 61St Street Llc $7,500,000 None Available
Mancuso Michael J $5,575,000 None Available
176 61St Street Llc $4,750,000 --
Mastrangelo Avalon Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 176 61St Street Llc $3,000,000
Closed 176 61St Street Llc $500,000
Open 176 61St Street Llc $5,250,000
Previous Owner Mastrangelo Michael A $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $7,500,000 -16.7% $1,316 / Sq Ft
11/20/2018 11/20/18 Price Changed $8,999,999 -9.8% $1,579 / Sq Ft
07/14/2017 07/14/17 For Sale $9,975,000 -- $1,750 / 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 $41,445 $6,750,000 $5,501,000 $1,249,000
2023 $55,256 $9,073,200 $7,193,800 $1,879,400
2022 $51,536 $9,073,200 $7,193,800 $1,879,400
2021 $49,630 $9,073,200 $7,193,800 $1,879,400
2020 $47,725 $9,073,200 $7,193,800 $1,879,400
2019 $46,273 $9,073,200 $7,193,800 $1,879,400
2018 $44,277 $9,073,200 $7,193,800 $1,879,400
2017 $35,905 $6,457,700 $4,755,000 $1,702,700
2016 $35,517 $6,457,700 $4,755,000 $1,702,700
2015 $34,936 $6,457,700 $4,755,000 $1,702,700
2014 $34,549 $6,457,700 $4,755,000 $1,702,700
Source: Public Records

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Source: Cape May County Association of REALTORS®

MLS Number: 177248

Cape May County Association of REALTORS®

APN: 01-00061-03-00028