NOT LISTED FOR SALE

220 40th St Avalon, NJ 08202

Estimated Value: $3,052,000 - $3,621,000

5 Beds
4 Baths
3,195 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $1,725,000 $540 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $20,109/month

19 Days on Market

Highlights

  • In Ground Pool
  • Property is near a beach
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of November 2019

This is not a rental property. Unoccupied and easy to show!

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 09/30/2019

Last Buyer's Agent

Amy McIntyre Kramer

Tim Kerr Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,626

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 50 x 110
  • Fenced Yard
  • Interior Lot

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3,195 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Great Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Parking Pad
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Patio

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 50, 50.02 / 40

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,626

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2002
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 220
  • Lot Size2: 50 x 110
  • Price per Sq Ft: 539.91
  • Selling Agent1: 5396
  • Selling Office1: 46
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 13
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3195
  • Other Rooms: Recreation/Family, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Tan
  • Outside Features: Patio, Deck, Fenced Yard, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 3 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 50, 50.02
  • Lot Size: 1 to 6000 SqFt
  • Sub Lot: .04
  • Zoning: Res

Tax Info

  • Taxes: 8626.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2006
Sold by
Brown James E and Brown Margaret A
Bought by
Kelly Janice
Total Days on Market
19
Current Estimated Value
$3,433,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1998
Sold by
Borough Of Avalon
Bought by
Wallace Frances Longstreth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,500
Interest Rate
6.92%
Source: Public Records

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Range of Values:

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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
Kelly Janice $1,600,000 Seaboard Title Agency
Wallace Frances Longstreth $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly John $1,070,000
Closed Kelly John J $1,140,000
Closed Kelly Janice $1,200,000
Previous Owner Brown James E $1,107,000
Previous Owner Wallace Frances Longstreth $976,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $1,725,000 -3.9% $540 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $1,795,000 -- $562 / 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 $10,881 $1,772,100 $855,000 $917,100
2023 $10,792 $1,772,100 $855,000 $917,100
2022 $10,066 $1,772,100 $855,000 $917,100
2021 $9,669 $1,767,700 $855,000 $912,700
2020 $9,298 $1,767,700 $855,000 $912,700
2019 $9,015 $1,767,700 $855,000 $912,700
2018 $8,626 $1,767,700 $855,000 $912,700
2017 $8,064 $1,450,400 $618,800 $831,600
2016 $7,977 $1,450,400 $618,800 $831,600
2015 $7,847 $1,450,400 $618,800 $831,600
2014 $7,760 $1,450,400 $618,800 $831,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189995

Cape May County Association of REALTORS®

APN: 01 00040- 04-00050- 01