NOT LISTED FOR SALE

18 Flamingo Dr Avalon, NJ 08202

Estimated Value: $6,387,000 - $7,577,234

0.25 Acre
$27,858,016 Price per Acre
11,021 Sq Ft Lot

Last Sold May 15, 2015

Last sale price $2,550,000

Est. 176% increase in value since last sale

Current estimated payment $41,890/month

468 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Avalon Elementary School Rated A
  • Boat Slip
  • Level Lot

About This Lot

As of May 2015

The focus is on the water at this 71'x155' fan shaped lot in Avalon's quiet Lagoons. Enjoy wonderful bay views from every aspect of this property. The lot fans out from the street to the bay providing an 86 foot bulkhead. The floating dock and two boat slips are just waiting for your yacht and water toys! If your dream is to live on the water, don't wait any long to make your dream come true.

Last Listed By

Robert J. Scully Jr

FERGUSON-DECHERT, INC Listed on: 01/02/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,802

Year Built

  • 2016

Lot Details

  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R-1B

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks

Additional Features

  • Water Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 91 / 85

Property Details

Property Type

Land

Est. Annual Taxes

$11,802

Year Built

2016

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Bay Front, Cul-de-sac, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront in the Lagoons
  • Beach Proximity: 4 Blocks
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Exterior Features

  • Frontage: 71

Lot Info

  • Lot Number: 91
  • Lot Size: 71x155 irr
  • Total Assessment: 2206000
  • Zoning: R-1B
  • Lot Size Range: 10000 to 20000 SqFt
  • Improvements: Paved Road, Curb, Sidewalk, Electric, Water, Sewer, Bulkhead, Dock, Boat Slip, Cable TV
  • Specific Lot Information: Cafra Required
  • Topography: Level
  • Zoning: Residential

Tax Info

  • Tax Database Id: 1
  • Taxes: 11802.1
  • Assessor Parcel Number: 01000850000000910000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Ong Alvin C
Bought by
Alvin C Ong Qualified Personal Residence Trus
Total Days on Market
468
Current Estimated Value
$7,048,078

Purchase Details

Listed on
Jan 2, 2014
Closed on
May 13, 2015
Sold by
Chiusano Philip A
Bought by
Ong Alvin C and Ong Su Lin Yao
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
List Price
$2,995,000
Sold Price
$2,550,000
Premium/Discount to List
-$445,000
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$1,700,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2014
Closed on
Apr 30, 2015
Sold by
Steingruebner Eric
Bought by
Chiusano Philip A
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
List Price
$2,995,000
Sold Price
$2,550,000
Premium/Discount to List
-$445,000
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2012
Sold by
Chiusano Elizabeth J
Bought by
Chiusano Elizabeth J

Purchase Details

Closed on
Feb 6, 1991
Sold by
New Jersey Dep
Bought by
Chiusano Philip A and Chiusano Elizabeth J
Source: Public Records

Range of Values:

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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
Alvin C Ong Qualified Personal Residence Trus -- Surety Title
Ong Alvin C -- None Listed On Document
Ong Alvin C $2,550,000 Seaboard Title Agency
Chiusano Philip A -- Seaboard Title Agency
Chiusano Elizabeth J -- None Available
Chiusano Philip A -- None Available
Chiusano Philip A -- None Available
Chiusano Philip A $70,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ong Alvin C $908,000
Previous Owner Ong Alvin C $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $2,550,000 -14.9% --
04/15/2015 04/15/15 Pending -- -- --
01/02/2014 01/02/14 For Sale $2,995,000 -- --
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 $27,908 $4,545,300 $2,535,000 $2,010,300
2023 $27,681 $4,545,300 $2,535,000 $2,010,300
2022 $25,817 $4,545,300 $2,535,000 $2,010,300
2021 $24,863 $4,545,300 $2,535,000 $2,010,300
2020 $23,908 $4,545,300 $2,535,000 $2,010,300
2019 $23,181 $4,545,300 $2,535,000 $2,010,300
2018 $22,181 $4,545,300 $2,535,000 $2,010,300
2017 $20,770 $3,735,700 $2,036,900 $1,698,800
2016 $11,210 $2,038,200 $2,036,900 $1,300
2015 $11,934 $2,206,000 $2,036,900 $169,100
2014 -- $2,206,000 $2,036,900 $169,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert J. Scully Jr

    FERGUSON-DECHERT, INC

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 155396

Cape May County Association of REALTORS®

APN: 01-00085-0000-00091

New Jersey Cape May County Avalon 08202

18 Flamingo Dr, Avalon, NJ

This home is located at 18 Flamingo Dr, Avalon, NJ 08202 since 02 January 2014 and is currently estimated at $7,048,078. This property was built in 2016. 18 Flamingo Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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