NOT LISTED FOR SALE

1859 First Ave Avalon, NJ 08202

Estimated Value: $2,919,000 - $4,651,000

8 Beds
5 Baths
-- Sq Ft
1.15 Acres

Last Sold November 16, 2018

Last sale price $1,950,000

Est. 80% increase in value since last sale

Current estimated payment $20,170/month

26 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Enclosed patio or porch

About This Home

As of November 2018

There is a $2,750 annual SeaScape Association fee for the use of the community pool and the tennis court. This is paid semi-annually. Property is sold furnished minus personal items and artwork.

Last Listed By

Jack Binder

FERGUSON-DECHERT, INC Listed on: 08/30/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,802

Year Built

  • 1973

Lot Details

  • Lot Dimensions are 50' x 110'
  • Interior Lot
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

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

Listing and Financial Details

  • Legal Lot and Block 18 / 18.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,802

Year Built

1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Also Includes: Shades, Blinds, Furniture
  • New Construction: No
  • Second Address Number: 1859
  • Lot Size2: 50' x 110'
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built (Public Record): 1973

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Wood Flooring, Smoke/Fire Alarm, Tile Flooring
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 8
  • Total Rooms: 15
  • Basement: Crawl Space
  • Other Rooms: Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Utilities

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

Lot Info

  • Lot Number: 18
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5802.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Nov 16, 2018
Sold by
Watts Gerald and Watts Andrea
Bought by
Marvin Glenn H and Marvin Mary
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$2,095,000
Sold Price
$1,950,000
Premium/Discount to List
-$145,000
-6.92%
Total Days on Market
26
Current Estimated Value
$3,512,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,562,396
Avg. Annual Appreciation
9.70%
Original Mortgage
$1,560,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 8, 2002
Sold by
Mcgonigal William F
Bought by
Watts Gerald and Watts Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.84%

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
Marvin Glenn H $1,950,000 --
Watts Gerald $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marvin Glenn H $75,000
Open Marvin Glenn H $1,523,000
Closed Marvin Glenn H $1,560,000
Previous Owner Watts Gerald $286,000
Previous Owner Watts Gerald $325,000
Previous Owner Watts Gerald $260,993
Previous Owner Watts Gerald $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $1,950,000 -6.9% --
09/25/2018 09/25/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $2,095,000 -- --
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 $7,252 $1,181,100 $950,000 $231,100
2023 $7,193 $1,181,100 $950,000 $231,100
2022 $6,709 $1,181,100 $950,000 $231,100
2021 $6,461 $1,181,100 $950,000 $231,100
2020 $6,213 $1,181,100 $950,000 $231,100
2019 $6,024 $1,181,100 $950,000 $231,100
2018 $5,764 $1,181,100 $950,000 $231,100
2017 $5,802 $1,043,600 $850,000 $193,600
2016 $5,740 $1,043,600 $850,000 $193,600
2015 $5,646 $1,043,600 $850,000 $193,600
2014 $5,583 $1,043,600 $850,000 $193,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 183707

Cape May County Association of REALTORS®

APN: 01-00018-02-00018