NOT LISTED FOR SALE

217 68th St Avalon, NJ 08202

Estimated Value: $5,315,858 - $6,099,000

6 Beds
5 Baths
4,500 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $2,500,000 $556 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $31,577/month

534 Days on Market

Highlights

  • New Construction
  • Property is near a beach
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Cathedral Ceiling

About This Home

As of May 2015

South End...Ocean Views... "Custom Builder" who never builds the same style home twice! His homes are always "One of a Kind" . 4500 Sq Ft Home. New Construction. This 6 bedroom, 5 Bath + powder room, stylish home, has beautiful Ocean and Bay Views. Only the latest and newest concepts will be incorporated into this home, including an Iron Beam supported by 2 iron columns, 4 stop elevator. Detached 300 Sq Ft. Garage/Cabana. Wolf & Sub Zero Appliances. Maibec Cedar Siding. Multiple Decks. Best Part: Close to the finest beaches in Avalon! A Distinctive Home for the Discriminating Family!

Last Agent to Sell the Property

Joseph Kauterman

AVALON/STONE HARBOR REAL ESTATE Listed on: 10/21/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,999

Lot Details

  • Interior Lot
  • Sprinkler System
  • Property is zoned R-1B

Home Design

  • New Construction
  • Wood Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Den
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck

Location

  • Island Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 59 / 67

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances Included: Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Wood Flooring, Kitchen Center Island, Security System, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 12
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4500
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, Library/Study

Exterior Features

  • Construction: Three Story
  • Exterior: Shingle, Wood
  • Outside Features: Deck, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Detached, Auto Door Opener, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 59
  • Lot Size: 60' x 110'
  • Zoning: R-1B
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 9999
  • Assessor Parcel Number: 01000670004000590000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
May 8, 2015
Sold by
Lpc Island Property
Bought by
Wixted John G and Wixted Patricia A
Seller's Agent
Joseph Kauterman
AVALON/STONE HARBOR REAL ESTATE
List Price
$2,575,000
Sold Price
$2,500,000
Premium/Discount to List
-$75,000
-2.91%
Current Estimated Value
$5,774,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,274,286
Avg. Annual Appreciation
8.16%
Original Mortgage
$1,500,000
Outstanding Balance
$1,135,079
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,639,207

Purchase Details

Closed on
Oct 21, 2013
Sold by
Boyer Robert J
Bought by
Lps Island Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wixted John G $2,500,000 Seaboard Title Agency
Lps Island Property Llc $1,150,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wixted John G $1,500,000
Previous Owner Lps Island Property Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2015 05/08/15 Sold $2,500,000 -2.9% $556 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
10/21/2013 10/21/13 For Sale $2,575,000 -- $572 / 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 $16,600 $2,703,600 $1,400,000 $1,303,600
2024 $16,600 $2,703,600 $1,400,000 $1,303,600
2023 $16,465 $2,703,600 $1,400,000 $1,303,600
2022 $15,356 $2,703,600 $1,400,000 $1,303,600
2021 $14,789 $2,703,600 $1,400,000 $1,303,600
2020 $14,221 $2,703,600 $1,400,000 $1,303,600
2019 $13,788 $2,703,600 $1,400,000 $1,303,600
2018 $13,194 $2,703,600 $1,400,000 $1,303,600
2017 $13,406 $2,411,100 $1,000,000 $1,411,100
2016 $13,261 $2,411,100 $1,000,000 $1,411,100
2015 $13,044 $1,000,000 $1,000,000 $0
2014 -- $1,171,400 $1,000,000 $171,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joseph Kauterman

    AVALON/STONE HARBOR REAL ESTATE

    (609) 972-1007

    3 in this area

    7 Total Sales

    Joseph Kauterman
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 154535

Cape May County Association of REALTORS®

APN: 01-00067-04-00059

New Jersey Cape May County Avalon 08202

217 68th St, Avalon, NJ

Not Listed for Sale

Detached

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