R
Seller's Agent in 2019
Ryan Vince
Tim Kerr Sotheby's International Realty
(609) 605-6202
40 in this area
79 Total Sales
205 54th St Avalon, NJ 08202
1.84
Acre
--
Price per Acre
--
Sq Ft Lot
Highlights
- Water Views
- Property near a bay
- Corner Lot
- Avalon Elementary School Rated A
- Island Location
About This Lot
As of October 2019Corner 80x100 vacant lot for sale. Rare large corner lot available and permitted to build right away. Seller does have plans that include pool, cabana, and a 5,500sq. ft. home already in place and can be transferred. New Construction will yield bay views down 54th Street and you may even have a view of the ocean from a 3rd floor deck. Beach access is 57th, 58th or 50th. Beach paths are a beautiful walk through the "High Dune" area of Avalon. Perfect location to build your own seashore dream castle!!
Last Agent to Sell the Property
Tim Kerr Sotheby's International Realty Listed on: 03/10/2016
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,084
Lot Details
- Corner Lot
- Cleared Lot
- Property is zoned R-1B
Additional Features
- Water Views
- Property near a bay
- Island Location
Listing and Financial Details
- Legal Lot and Block 2,4,6,8 / 53.04
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2019
Closed on
Oct 7, 2019
Sold by
205 S 54Th Street Llc
Bought by
Trucksess Robert and Truckses Lida A
Seller's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
Buyer's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
List Price
$3,699,000
Sold Price
$3,185,000
Premium/Discount to List
-$514,000
-13.9%
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
$3,170,262
Avg. Annual Appreciation
11.12%
Original Mortgage
$785,000
Outstanding Balance
$681,372
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,206,741
Purchase Details
Closed on
May 19, 2014
Sold by
Dune Drive Group Llc
Bought by
Kerr Timothy E and Brien Joseph W O
Purchase Details
Closed on
May 18, 2012
Sold by
Jones Ernest J and Jones Nancy L
Bought by
Dune Drive Group Llc
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,185,000 | Surety Title | |
| Deed | $931,000 | Surety Title | |
| Bargain Sale Deed | $790,000 | Shore Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $785,000 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2019 10/07/19 | Sold | $3,185,000 | -13.9% | $633 / Sq Ft |
| 08/15/2019 08/15/19 | Pending | -- | -- | -- |
| 05/09/2019 05/09/19 | For Sale | $3,699,000 | +228.8% | $735 / Sq Ft |
| 08/15/2016 08/15/16 | Sold | $1,125,000 | -6.2% | -- |
| 07/16/2016 07/16/16 | Pending | -- | -- | -- |
| 03/10/2016 03/10/16 | For Sale | $1,199,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $19,302 | $3,143,600 | $1,183,300 | $1,960,300 |
| 2023 | $19,145 | $3,143,600 | $1,183,300 | $1,960,300 |
| 2022 | $17,856 | $3,143,600 | $1,183,300 | $1,960,300 |
| 2021 | $17,195 | $3,143,600 | $1,183,300 | $1,960,300 |
| 2020 | $16,535 | $3,143,600 | $1,183,300 | $1,960,300 |
| 2019 | $16,032 | $3,143,600 | $1,183,300 | $1,960,300 |
| 2018 | $5,775 | $1,183,300 | $1,183,300 | $0 |
| 2017 | $5,374 | $966,600 | $966,600 | $0 |
| 2016 | $5,316 | $966,600 | $966,600 | $0 |
| 2015 | $5,229 | $966,600 | $966,600 | $0 |
| 2014 | $5,171 | $966,600 | $966,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Cape May County Association of REALTORS®
MLS Number: 168960
APN: 01-00053-04-00002
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