Seller's Agent in 2016
Daniel Bowersock
FERGUSON-DECHERT, INC
(609) 602-0912
100 in this area
126 Total Sales
1988 Avalon Ave Avalon, NJ 08202
Estimated Value: $5,055,000 - $5,769,619
0.15
Acre
$34,941,809
Price per Acre
6,621
Sq Ft Lot
About This Lot
As of March 2016This home is located at 1988 Avalon Ave, Avalon, NJ 08202 since 25 February 2016 and is currently estimated at $5,311,155. 1988 Avalon Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,653
Lot Details
- Interior Lot
- Property is zoned R-1C
Listing and Financial Details
- Legal Lot and Block 1 / 19.02
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2016
Closed on
Mar 9, 2016
Sold by
1988 Avalon Llc
Bought by
Watts Gerald M and Watts Andrea R
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$1,495,000
Sold Price
$1,475,000
Premium/Discount to List
-$20,000
-1.34%
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
$3,836,155
Avg. Annual Appreciation
14.09%
Original Mortgage
$1,000,000
Outstanding Balance
$797,234
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$4,513,921
Purchase Details
Closed on
Dec 29, 2012
Sold by
Smith Theresa Marie
Bought by
1988 Avalon Llc
Purchase Details
Closed on
Nov 14, 2001
Sold by
Smith Katherine R
Bought by
Smith Theresa Marie
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Watts Gerald M | $1,475,000 | None Available | |
| 1988 Avalon Llc | $1,010,000 | None Available | |
| Smith Theresa Marie | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Watts Gerald M | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2016 03/11/16 | Sold | $1,475,000 | -1.3% | -- |
| 02/25/2016 02/25/16 | For Sale | $1,495,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $18,873 | $3,073,700 | $1,350,000 | $1,723,700 |
| 2024 | $18,873 | $3,073,700 | $1,350,000 | $1,723,700 |
| 2023 | $18,826 | $3,091,300 | $1,350,000 | $1,741,300 |
| 2022 | $17,559 | $3,091,300 | $1,350,000 | $1,741,300 |
| 2021 | $16,909 | $3,091,300 | $1,350,000 | $1,741,300 |
| 2020 | $16,260 | $3,091,300 | $1,350,000 | $1,741,300 |
| 2019 | $6,885 | $1,350,000 | $1,350,000 | $0 |
| 2018 | $6,588 | $1,350,000 | $1,350,000 | $0 |
| 2017 | $5,810 | $1,045,000 | $1,045,000 | $0 |
| 2016 | $5,748 | $1,045,000 | $1,045,000 | $0 |
| 2015 | $5,653 | $1,045,000 | $1,045,000 | $0 |
| 2014 | $5,591 | $1,045,000 | $1,045,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Bowersock
Map
Source: Cape May County Association of REALTORS®
MLS Number: 168689
APN: 01-00019-02-00001
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