NOT LISTED FOR SALE

1869 Ocean Dr Avalon, NJ 08202

Estimated Value: $2,285,000 - $3,675,000

5 Beds
3 Baths
2,244 Sq Ft
$1,314/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $1,117,500 $498 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $16,162/month

151 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2016

Here's the opportunity you have been waiting for. This house is IMMACULATE. Built in 2002 by Tom Welsh, this home looks like it is brand new. ORiginal Owners, never rented, It's as if it was frozen in time. It features 5 generous bedrooms and 3 full bathrooms. Decorated and appointed with great taste. Tons of natural light throughout the home. Both master and junior master feature walk-in closets. Ample closet space throughout the rest of the home, as well. Living room with fireplace on the second floor, as well as large family room on the first floor. Tons of space to entertain! Large deck with beautiful views off the second floor living room. Private deck off one of the first floor bedrooms. Back door leads into spacious laundry/utility room. This home was built on a 40 X 110 lot - the zoning at the time allowed for a larger house with an attached garage! Walk to town, but you have a small cushion from the "busier"areas. There is little to no inventory that matches this quality with price.

Last Agent to Sell the Property

Mark Marroletti

LONG & FOSTER REAL ESTATE, INC av Listed on: 12/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 2002

Lot Details

  • 4,400

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 69 / 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,357

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Water View
  • District Township: 01-Avalon Borough
  • Near: BEACH/BAY/TOWN
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2002
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Wall to Wall Carpet
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Deck, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 69
  • Lot Size: 40 X 110
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 6357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2015
Closed on
Jun 8, 2016
Sold by
Donna D White
Bought by
Macrane Richard and Macrane Michelle
Seller's Agent
Mark Marroletti
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,195,000
Sold Price
$1,117,500
Premium/Discount to List
-$77,500
-6.49%
Current Estimated Value
$2,948,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,831,282
Avg. Annual Appreciation
10.77%
Original Mortgage
$445,000
Outstanding Balance
$355,206
Interest Rate
3.66%
Estimated Equity
$2,593,576

Purchase Details

Closed on
Sep 27, 2002
Sold by
Welsh Thomas J
Bought by
White Donna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.27%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Pedroni Mary Linda
Bought by
Welsh Thomas J
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
Macrane Richard -- --
White Donna D $740,000 --
Welsh Thomas J $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macrane Richard $445,000
Closed Macrane Richard --
Previous Owner White Donna D $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $1,117,500 -6.5% $498 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
12/05/2015 12/05/15 For Sale $1,195,000 -- $533 / 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 $7,082 $1,153,400 $684,000 $469,400
2024 $7,082 $1,153,400 $684,000 $469,400
2023 $7,024 $1,153,400 $684,000 $469,400
2022 $6,309 $1,153,400 $684,000 $469,400
2021 $6,309 $1,153,400 $684,000 $469,400
2020 $6,067 $1,153,400 $684,000 $469,400
2019 $5,882 $1,153,400 $684,000 $469,400
2018 $5,629 $1,153,400 $684,000 $469,400
2017 $6,607 $1,188,300 $607,500 $580,800
2016 $6,536 $1,188,300 $607,500 $580,800
2015 $6,429 $1,188,300 $607,500 $580,800
2014 $6,357 $1,188,300 $607,500 $580,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Marroletti

    LONG & FOSTER REAL ESTATE, INC av

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 167470

Cape May County Association of REALTORS®

APN: 01-00018-04-00069

New Jersey Cape May County Avalon 08202

1869 Ocean Dr, Avalon, NJ

Not Listed for Sale

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