J
Seller's Agent in 2020
Jack Binder
FERGUSON-DECHERT, INC
(609) 967-4200
137 in this area
174 Total Sales
198 72nd St Avalon, NJ 08202
Estimated Value: $6,191,000 - $9,326,000
6
Beds
6
Baths
4,761
Sq Ft
$1,542/Sq Ft
Est. Value
Highlights
- Water Views
- Newly Remodeled
- Building is beachfront but unit may not have water views
- Avalon Elementary School Rated A
- In Ground Pool
- 3-minute walk to Avalon Playground
About This Home
As of September 2020This home is located at 198 72nd St, Avalon, NJ 08202 since 24 May 2019 and is currently estimated at $7,339,700, approximately $1,541 per square foot. This property was built in 2018. 198 72nd St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Home Details
Home Type
- Single Family
Year Built
- Built in 2018 | Newly Remodeled
Lot Details
- Lot Dimensions are 65' x 110'
- Building is beachfront but unit may not have water views
- Fenced Yard
- Corner Lot
- Sprinkler System
Home Design
- Upside Down Style Home
- Wood Siding
Interior Spaces
- 4,761 Sq Ft Home
- 3-Story Property
- Elevator
- Bar
- Cathedral Ceiling
- Gas Fireplace
- Great Room
- Dining Area
- Water Views
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 6 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Parking Pad
- Driveway
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 11 / 72.03
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2019
Closed on
Sep 11, 2020
Sold by
Welsh Thomas J
Bought by
Rathgaber Ret
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$4,695,000
Sold Price
$4,350,000
Premium/Discount to List
-$345,000
-7.35%
Total Days on Market
416
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,989,700
Avg. Annual Appreciation
11.93%
Original Mortgage
$3,027,500
Outstanding Balance
$2,712,420
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,627,280
Purchase Details
Listed on
Nov 27, 2017
Closed on
Apr 7, 2018
Sold by
Luongo Carol A and Luongo Stephen D
Bought by
Welsh 3Rd Thoams J
Seller's Agent
Roger Soens
COMPASS RE - AV Dune
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,600,000
Sold Price
$2,326,500
Premium/Discount to List
-$273,500
-10.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.51%
Original Mortgage
$2,961,200
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 2, 2014
Sold by
Luongo Carol Ann and Luongo Virginia J
Bought by
Luongo Carol Ann and Luongo Stephen D
Purchase Details
Closed on
Aug 18, 2005
Sold by
Luongo Virginia J and Luongo Joseph C
Bought by
Luongo Virginia J and Luongo Carol Ann
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rathgaber Ret | $4,350,000 | None Available | |
| Welsh 3Rd Thoams J | $2,326,500 | -- | |
| Luongo Carol Ann | -- | None Available | |
| Luongo Virginia J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rathgaber Ret | $3,027,500 | |
| Previous Owner | Welsh 3Rd Thoams J | $2,961,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2020 09/11/20 | Sold | $4,350,000 | -7.3% | $914 / Sq Ft |
| 07/13/2020 07/13/20 | Pending | -- | -- | -- |
| 05/24/2019 05/24/19 | For Sale | $4,695,000 | +101.8% | $986 / Sq Ft |
| 04/11/2018 04/11/18 | Sold | $2,326,500 | -10.5% | $1,972 / Sq Ft |
| 03/12/2018 03/12/18 | Pending | -- | -- | -- |
| 11/27/2017 11/27/17 | For Sale | $2,600,000 | -- | $2,203 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $26,687 | $4,346,400 | $1,818,800 | $2,527,600 |
| 2023 | $26,607 | $4,368,900 | $1,818,800 | $2,550,100 |
| 2022 | $24,815 | $4,368,900 | $1,818,800 | $2,550,100 |
| 2021 | $23,775 | $4,346,400 | $1,818,800 | $2,527,600 |
| 2020 | $9,567 | $1,818,800 | $1,818,800 | $0 |
| 2019 | $9,276 | $1,818,800 | $1,818,800 | $0 |
| 2018 | $8,919 | $1,827,700 | $1,818,800 | $8,900 |
| 2017 | $8,893 | $1,599,500 | $1,584,400 | $15,100 |
| 2016 | $8,797 | $1,599,500 | $1,584,400 | $15,100 |
| 2015 | $8,653 | $1,599,500 | $1,584,400 | $15,100 |
| 2014 | $8,557 | $1,599,500 | $1,584,400 | $15,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Binder
-
Roger Soens
R
Seller's Agent in 2018
Roger Soens
COMPASS RE - AV Dune
(609) 967-3001
67 in this area
82 Total Sales
Map
Similar Homes in Avalon, NJ
Source: Cape May County Association of REALTORS®
MLS Number: 187910
APN: 01-00072-03-00011
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