NOT LISTED FOR SALE

1879 Avalon Ave Avalon, NJ 08202

Estimated Value: $5,127,000 - $5,385,804

6 Beds
5 Baths
3,850 Sq Ft
$1,357/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $2,300,000 $597 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $29,593/month

519 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Building is beachfront but unit may not have water views
  • Avalon Elementary School Rated A
  • Property is near a beach
  • Deck

About This Home

As of July 2015

SPECTACULAR, NEW BEACH BLOCK HOME WITH A POOL! PROFESSIONALLY FURNISHED & ACCESSORIZED; READY FOR IMMEDIATE OCCUPANCY Everything is included: (FURNITURE, TV'S, FULLY STOCKED KITCHEN...EVERYTHING). With no streets to cross on the way to the beach, this gorgeous home is ideally located in a quiet neighborhood & within a short stroll of Avalon's popular Business District! The location is secluded from the busier Duplex & Business zoning AND provides easy access to the Public Recreation Area on 12th Street (ball fields, tennis courts, playground), surfing beaches & the boardwalk access at 21st Street. This is yet another beautiful, custom home offered by Artisan Fine Homes of Avalon, NJ!! The home is distinguished by the EXTRA large, open & inviting Great Room, the oversized Family Room overlooking the pool, 2x6 construction (allows extra insulation for your added comfort) and abundant use of glass to create a bright & airy interior!

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 01/12/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,955

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3,850 Sq Ft Home
  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck

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 2 / 18.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,955

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 01-Avalon Borough
  • Near: Beach & Town
  • Estimated Year Built: 2014
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 16
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3850
  • Other Rooms: Recreation/Family, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Frontage: 50
  • House Color: Sail Cloth
  • Outside Features: Deck, Fenced Yard, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: 3 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 2
  • Lot Size: 50x110
  • Zoning: R-1C
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 6955
  • Assessor Parcel Number: 01000180001000020000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Rosemary C Depetris Revocable Trust and Depetris Joseph A
Bought by
Joseph A Depetris Irrevocable Trust and Depetris
Current Estimated Value
$5,224,268

Purchase Details

Listed on
Jan 12, 2014
Closed on
Jul 6, 2015
Sold by
Av1829 Llc
Bought by
Silver Falls Company Llc
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$1,495,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2013
Sold by
Dimmick Margareta
Bought by
Av1829 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2011
Sold by
Depetris Joseph A and Depetris Rosemary C
Bought by
The Rosemary C Depetris Revocable Trust
Source: Public Records

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
Joseph A Depetris Irrevocable Trust -- None Listed On Document
Silver Falls Company Llc $2,300,000 Seaboard Title Agency
Av1829 Llc $1,150,000 Seaboard Title Agency
The Rosemary C Depetris Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silver Falls Company Llc $1,495,000
Previous Owner Av1829 Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $2,300,000 -7.8% $597 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
01/12/2014 01/12/14 For Sale $2,495,000 -- $648 / 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 $16,181 $2,635,400 $1,450,000 $1,185,400
2024 $16,181 $2,635,400 $1,450,000 $1,185,400
2023 $16,050 $2,635,400 $1,450,000 $1,185,400
2022 $14,969 $2,635,400 $1,450,000 $1,185,400
2021 $14,416 $2,635,400 $1,450,000 $1,185,400
2020 $13,862 $2,635,400 $1,450,000 $1,185,400
2019 $13,441 $2,635,400 $1,450,000 $1,185,400
2018 $12,861 $2,635,400 $1,450,000 $1,185,400
2017 $11,492 $2,066,900 $1,300,000 $766,900
2016 $11,368 $2,066,900 $1,300,000 $766,900
2015 $11,182 $2,066,900 $1,300,000 $766,900
2014 $11,058 $1,300,000 $1,300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 155552

Cape May County Association of REALTORS®

APN: 01-00018-01-00002