NOT LISTED FOR SALE

197 64th St Avalon, NJ 08202

Estimated Value: $5,246,000 - $8,536,000

7 Beds
6 Baths
1,655 Sq Ft
$4,347/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $6,700,000 $4,048 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $40,478/month

7 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Island Location
  • Avalon Elementary School Rated A
  • Building is beachfront but unit may not have water views
  • Deck

About This Home

As of June 2021

Other very special features in this one-of-a-kind home include a huge laundry / mud room, a four stop elevator, Sonos audio inside and out, a Rhodes and Rhodes custom front door, a mix of plantation shutters and motorized shades, Ipe decks with mahogany ceilings and an mahogany rail caps, and a large amount of built in storage both inside and outside the home. This custom masterpiece offers all of the best that 7 Mile Island has to offer and is available to move in to THIS SUMMER. If only the finest will do, this home is a must see - schedule your appointment today.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 03/26/2021

Last Buyer's Agent

David Gorelick

COMPASS RE - AV Dune

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 60' x 105'
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Corner Lot
  • Sprinkler System

Parking

  • Stone Driveway

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 63.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,500

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Corner, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 2020
  • New Construction: No
  • Second Address Number: 197
  • Lot Size2: 60' x 105'
  • Selling Agent1: 5337
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 7
  • Total Rooms: 15
  • Other Rooms: Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Outside Features: Deck, Enclosed/Covered Patio, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 1
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 10500
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Nolen James A and Noeln Louise F
Bought by
Nolen James A and Noeln Louise F
Current Estimated Value
$7,193,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,289,917
Interest Rate
2.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$4,903,730

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 9, 2021
Sold by
74 E 13Th St Avalon Llc
Bought by
Nolen James A and Nolen Louise F
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
David Gorelick
COMPASS RE - AV Dune
List Price
$6,995,000
Sold Price
$6,700,000
Premium/Discount to List
-$295,000
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%

Purchase Details

Closed on
Apr 27, 2020
Sold by
197 64Th Street Llc
Bought by
74E 13Th Avalon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 27, 2017
Closed on
May 3, 2018
Sold by
Lawrol Wilnelmina M Est
Bought by
197 64Th Street Llc and New Jersey Llc
Seller's Agent
Craig Soens
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,895,000
Sold Price
$2,375,000
Premium/Discount to List
-$520,000
-17.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%

Purchase Details

Closed on
Nov 8, 2006
Sold by
Lawlor Francis J and Lawlor Wilhelmina M
Bought by
Lawlor Francis J and Cleary Christine A

Purchase Details

Closed on
Jun 7, 1988
Sold by
Thomson Martha
Bought by
Lawlor Francis and Lawlor Wilhelmina
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
Nolen James A -- None Available
Nolen James A $6,700,000 Misc Company
74E 13Th Avalon Llc $5,000,000 None Available
197 64Th Street Llc $2,375,000 --
Lawlor Francis J -- None Available
Lawlor Francis $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolen James A $3,000,000
Previous Owner 74E 13Th Avalon Llc $1,900,000
Closed 197 64Th Street Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $6,700,000 -4.2% $4,048 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $6,995,000 +194.5% $4,227 / Sq Ft
04/30/2018 04/30/18 Sold $2,375,000 -18.0% $1,435 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $2,895,000 -- $1,749 / 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 $28,070 $4,571,700 $2,000,000 $2,571,700
2024 $28,070 $4,571,700 $2,000,000 $2,571,700
2023 $27,842 $4,571,700 $2,000,000 $2,571,700
2022 $25,967 $4,571,700 $2,000,000 $2,571,700
2021 $25,007 $4,571,700 $2,000,000 $2,571,700
2020 $10,520 $2,000,000 $2,000,000 $0
2019 $10,200 $2,000,000 $2,000,000 $0
2018 $9,812 $2,010,700 $2,000,000 $10,700
2017 $8,718 $1,568,000 $1,550,000 $18,000
2016 $8,624 $1,568,000 $1,550,000 $18,000
2015 $8,483 $1,568,000 $1,550,000 $18,000
2014 $8,389 $1,568,000 $1,550,000 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211069

Cape May County Association of REALTORS®

APN: 01-00063-03-00001