NOT LISTED FOR SALE

177 63rd St Avalon, NJ 08202

Estimated Value: $6,539,380 - $8,226,000

5 Beds
5 Baths
4,708 Sq Ft
$1,609/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $4,171,597 $886 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $42,273/month

142 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling

About This Home

As of February 2017

Closing not to occur until after Labor Day, 2016.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 05/13/2016

Last Buyer's Agent

Douglas Newbold

NEWBOLD REAL ESTATE CO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,764

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 60' x 110'
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1B

Parking

  • Attached Garage

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 4,708 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

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 27, 29+ / 62

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,764

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Water View
  • District Township: 01-Avalon Borough
  • Near: Beachblock
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1990
  • New Construction: No
  • Second Address Number: 177
  • Lot Size2: 60' x 110'
  • Price per Sq Ft: 886.07
  • Selling Agent1: 425
  • Selling Office1: 57
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1990

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, Fireplace- Gas, Wood Flooring, Walk in Closet, Wall to Wall Carpet, Whirlpool
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 13
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4708
  • Other Rooms: Kitchen, Den/TV Room, Recreation/Family, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Shingle, Wood
  • Frontage: 60
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Attached, 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: 27, 29+
  • Lot Size: 6001-10000 SqFt
  • Sub Block: 03
  • Total Assessment: 4392600
  • Zoning: R-1B

Tax Info

  • Taxes: 23763.97
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Jan 20, 2017
Sold by
Schneider Arnold C and Schneider Mary M
Bought by
King Jeffrey L and King Cynthia M
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Douglas Newbold
NEWBOLD REAL ESTATE CO
List Price
$4,495,000
Sold Price
$4,171,597
Premium/Discount to List
-$323,403
-7.19%
Current Estimated Value
$7,572,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,401,248
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
May 3, 2002
Sold by
Grumbacher Nancy T
Bought by
Schneider Arnold C and Schneider Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
7.15%

Purchase Details

Closed on
Feb 19, 1991
Sold by
Grumbacher Grumbacher M and Grumbacher Nancy C
Bought by
Atlantic Electric Co & Nj Bell

Purchase Details

Closed on
Jul 12, 1990
Sold by
Park Hyung and Park Hea
Bought by
Grumbacher Grumbacher M and Grumbacher Nancy T

Purchase Details

Closed on
Nov 1, 1989
Sold by
Tillmanleonard Trustee
Bought by
Park Hyung and Park Hea

Purchase Details

Closed on
Jul 5, 1989
Sold by
Beck Harry and Beck Mary L
Bought by
Tillman,Leonard Trustee
Source: Public Records

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
King Jeffrey L $4,171,597 First American Abstract
Schneider Arnold C $3,300,000 --
Atlantic Electric Co & Nj Bell -- --
Grumbacher Grumbacher M $800,000 --
Park Hyung $650,000 --
Tillman,Leonard Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schneider Arnold C $1,980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2017 02/01/17 Sold $4,171,597 -7.2% $886 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
05/13/2016 05/13/16 For Sale $4,495,000 -- $955 / 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 $25,482 $4,150,100 $3,000,000 $1,150,100
2024 $25,482 $4,150,100 $3,000,000 $1,150,100
2023 $25,274 $4,150,100 $3,000,000 $1,150,100
2022 $23,573 $4,150,100 $3,000,000 $1,150,100
2021 $22,701 $4,150,100 $3,000,000 $1,150,100
2020 $21,830 $4,150,100 $3,000,000 $1,150,100
2019 $21,166 $4,150,100 $3,000,000 $1,150,100
2018 $20,252 $4,150,100 $3,000,000 $1,150,100
2017 $24,423 $4,392,600 $3,000,000 $1,392,600
2016 $24,159 $4,392,600 $3,000,000 $1,392,600
2015 $23,764 $4,392,600 $3,000,000 $1,392,600
2014 $23,500 $4,392,600 $3,000,000 $1,392,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170301

Cape May County Association of REALTORS®

APN: 01-00062-03-00027