NOT LISTED FOR SALE

1777 Ocean Dr Unit A1 Avalon, NJ 08202

Estimated Value: $994,000

3 Beds
1 Bath
1,110 Sq Ft
0.28 Acres

Last Sold June 21, 2019

Last sale price $545,000 $491 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,766/month

201 Days on Market

Highlights

  • Property near a bay
  • Wood Flooring
  • Ground Level Unit
  • Avalon Elementary School Rated A
  • Corner Lot
  • Living Room

About This Home

As of June 2019

Property to be sold furnished as seen. Cedar Bay was originally a nine unit complex. Eight current owners- one owner purchased the adjacent condo and combined the two units to one. The $3100 annual condo fee covers common insurances, general maintenance, and irrigation/lighting on the exterior. Electric and water/sewer are individually metered.

Last Agent to Sell the Property

Ann Delaney

Tim Kerr Sotheby's International Realty License #7938915 Listed on: 11/12/2018

Last Buyer's Agent

Marilyn O'Donoghue

COMPASS RE - AV Dune License #0789718

COMPASS RE - AV Dune

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1973

Lot Details

  • 0.28

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Blinds
  • Living Room
  • Dining Area

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Property near a bay
  • Ground Level Unit

Listing and Financial Details

  • Legal Lot and Block 64 / 17

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,224

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner
  • District Township: 01-Avalon Borough
  • Near: Town and recreation
  • Also Includes: Blinds, Rugs, Partial Furniture
  • Estimated Year Built: 1973
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Capital Contribution: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 1777
  • Price per Sq Ft: 490.99
  • Selling Agent1: 2887
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1973

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1110
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, 1st Floor Master Bedroom

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Black Top Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: A-1
  • Common Area Features: Deck/Porch, Storage Facilities
  • Condo Fees: 3100 yr
  • Unit Features: Hardwood Floors, Wall To Wall Carpet
  • Unit Location: First Floor

Lot Info

  • Lot Number: 64
  • Sub Block: 04
  • Total Assessment: 416600
  • Zoning: M-B

Tax Info

  • Taxes: 2224
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jun 19, 2019
Sold by
Fantozzi Vicent F and Fantozzi Julie Q
Bought by
Leboff Bryan and Wagner Kimberly W
Seller's Agent
Ann Delaney
Tim Kerr Sotheby's International Realty
Buyer's Agent
Marilyn O'Donoghue
COMPASS RE - AV Dune
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%
Total Days on Market
201
Current Estimated Value
$994,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,000
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Nov 5, 2005
Sold by
Web 96 Llc
Bought by
Fantozzi Vincent F and Fantozzi Julie Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 1992
Sold by
Mansor Nicholas and Mansor Theresa
Bought by
Szymkowiak Eugene T and Szymkowiak Carol
Source: Public Records

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Range of Values:

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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
Leboff Bryan $545,000 Infinity Title
Fantozzi Vincent F $550,000 Shore Title
Szymkowiak Eugene T $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leboff Bryan $430,000
Previous Owner Fantozzi Vincent F $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $545,000 -7.5% $491 / Sq Ft
02/04/2019 02/04/19 Price Changed $589,000 -1.0% $531 / Sq Ft
11/12/2018 11/12/18 For Sale $595,000 -- $536 / 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 $2,558 $416,600 $270,000 $146,600
2023 $2,537 $416,600 $270,000 $146,600
2022 $2,366 $416,600 $270,000 $146,600
2021 $2,279 $416,600 $270,000 $146,600
2020 $2,191 $416,600 $270,000 $146,600
2019 $2,125 $416,600 $270,000 $146,600
2018 $2,033 $416,600 $270,000 $146,600
2017 $2,224 $400,000 $283,200 $116,800
2016 $2,200 $400,000 $283,200 $116,800
2015 $2,164 $400,000 $283,200 $116,800
2014 $2,140 $400,000 $283,200 $116,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Ann Delaney

    Tim Kerr Sotheby's International Realty

    15 in this area

    28 Total Sales

    Ann Delaney
    Section Image
  • Marilyn O'Donoghue

    Buyer's Agent in 2019

    Marilyn O'Donoghue

    COMPASS RE - AV Dune

    (609) 519-3710

    25 in this area

    47 Total Sales

    Marilyn O'Donoghue
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 184954

Cape May County Association of REALTORS®

APN: 01-00017-04-00064-01-CA1

New Jersey Cape May County Avalon 08202

1777 Ocean Dr Unit A1, Avalon, NJ

This home is located at 1777 Ocean Dr Unit A1, Avalon, NJ 08202 since 12 November 2018 and is currently estimated at $994,000, approximately $895 per square foot. This property was built in 1973. 1777 Ocean Dr Unit A1 is a home located in Cape May County with nearby schools including Avalon Elementary School.

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