NOT LISTED FOR SALE

198 11th St Avalon, NJ 08202

Estimated Value: $3,354,000 - $4,195,000

5 Beds
5 Baths
3,142 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold January 28, 2015

Last sale price $1,435,000 $457 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $21,770/month

86 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of January 2015

Ideally located in a quiet residential neighborhood on a 60x110 corner lot, this three-story, 5 bedroom 5 bath home (3 ensuite) is the answer to your family's summer vacation needs. Summer fun begins enjoying the sights and sounds of the shore from any one of your multiple decks. The recreation fields across the street provide an open feeling without homes in your line of sight. Summer sunsets and rolling inlet waves are appreciated from the second and third level decks while the corner location allows the bay and ocean breezes to fill the home. After a day of summer fun at the beach located just a few blocks away, the whole family will enjoy a game of basketball, lacrosse, softball, soccer, tennis, or just plain fun on the playground across the street on the 12th Street recreation fields directly across the street. Inside the home offers a comfortable well thought- out floor plan with an ensuite bedroom on each living level, family room with wet bar and beverage fridge off front porch on the first floor for the kids and a voluminous second floor great room opening to a spacious wrap around deck. A gas fireplace warms this room on a cool fall/winter evening PLUS there is an easy option of adding a fireplace to the first floor family room. Bamboo flooring runs throughout the great room complimenting the wood cabinetry in the kitchen accented by granite counters. All the baths offer owner selected custom tile. The third floor master suite has its own private bath and deck along with the convenience of a second set of washer and dryer.There is well thought out storage throughout the home with lighted closets, pantry, oversized laundry room and attached garage. Your exterior is almost completely maintenance free with CertainTeed cedar impression siding, composite decking and railing system highlighted with brick face chimney and foundation. The home was built with a rat slab and additional smart vents to keep the home dry and tight. IF a pool is on your wish list, plan away. There is plenty of room in the back yard to add one. Agents see associated docs for additional property information

Last Listed By

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 10/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,706

Year Built

  • Built in 2004

Lot Details

  • Corner Lot
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3,142 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Partially Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • 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 42 / 11.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,706

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 01-Avalon Borough
  • Near: Recreation Field, Beach
  • Also Includes: Partial Furniture
  • Estimated Year Built: 2004
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Wall to Wall Carpet, Whirlpool
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3142
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: gray
  • Outside Features: Deck, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Attached, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 42
  • Lot Size: 60 X 110
  • Total Assessment: 1341200
  • Zoning: R-1C
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 6706
  • Assessor Parcel Number: 01000110003000420000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2014
Closed on
Jan 28, 2015
Sold by
Scardetto Stephen and Crawford Patrice
Bought by
Laksh Edward A and Laksh Lisa A
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$1,595,000
Sold Price
$1,435,000
Premium/Discount to List
-$160,000
-10.03%
Total Days on Market
86
Current Estimated Value
$3,747,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,312,900
Avg. Annual Appreciation
9.75%
Original Mortgage
$700,000
Outstanding Balance
$541,975
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$3,205,925

Purchase Details

Closed on
Feb 15, 2002
Sold by
Desmond Leroy A
Bought by
Scardetto Stephen and Crawford Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
7.08%

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
Laksh Edward A $1,435,000 Seaboard Title Agency
Scardetto Stephen $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laksh Edward A $277,900
Open Laksh Edward A $700,000
Previous Owner Crawford Patrice $45,000
Previous Owner Scardetto Stephen $760,000
Previous Owner Scardetto Stephen $250,000
Previous Owner Scardetto Stephen $539,500
Previous Owner Scardetto Stephen $799,000
Previous Owner Scardetto Stephen $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $1,435,000 -10.0% $457 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $1,595,000 -- $508 / 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
2024 $10,696 $1,742,100 $973,800 $768,300
2023 $10,609 $1,742,100 $973,800 $768,300
2022 $9,895 $1,742,100 $973,800 $768,300
2021 $9,529 $1,742,100 $973,800 $768,300
2020 $9,163 $1,742,100 $973,800 $768,300
2019 $8,885 $1,742,100 $973,800 $768,300
2018 $8,501 $1,742,100 $973,800 $768,300
2017 $7,457 $1,341,200 $650,800 $690,400
2016 $7,377 $1,341,200 $650,800 $690,400
2015 $7,256 $1,341,200 $650,800 $690,400
2014 $7,175 $1,341,200 $650,800 $690,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 160447

Cape May County Association of REALTORS®

APN: 01-00011-03-00042