NOT LISTED FOR SALE

1777 Ocean Dr Unit A1 Avalon, NJ 08202

Estimated Value: $704,000

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. 29% increase in value since last sale

Current estimated payment $3,930/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 - Avalon Dune License #0789718

COMPASS RE - Avalon 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
  • 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

  • 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 - Avalon Dune
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%
Current Estimated Value
$704,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,000
Avg. Annual Appreciation
4.06%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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
Previous Owner Fantozzi Vincent F $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $2,558 $416,600 $270,000 $146,600
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

    25 Total Sales

    Ann Delaney
    Section Image
  • Marilyn O'Donoghue

    Buyer's Agent in 2019

    Marilyn O'Donoghue

    COMPASS RE - Avalon Dune

    (609) 519-3710

    19 in this area

    38 Total Sales

    Marilyn O'Donoghue
    Section Image
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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

Not Listed for Sale

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