T
Seller's Agent in 2020
Travis Marshall
LONG & FOSTER REAL ESTATE, INC av
225 38th St Avalon, NJ 08202
Estimated Value: $2,142,000 - $3,722,000
5
Beds
5
Baths
3,145
Sq Ft
$997/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Property near a bay
- Cathedral Ceiling
- Avalon Elementary School Rated A
- Deck
- 2-minute walk to 39th Street Park
About This Home
As of August 2020This home is located at 225 38th St, Avalon, NJ 08202 since 13 January 2020 and is currently estimated at $3,134,241, approximately $996 per square foot. This property was built in 2006. 225 38th St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Last Agent to Sell the Property
Travis Marshall
LONG & FOSTER REAL ESTATE, INC av Listed on: 01/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,896
Year Built
- Built in 2006
Lot Details
- Lot Dimensions are 50x110
- Fenced Yard
- Interior Lot
- Property is zoned r-1c
Home Design
- Upside Down Style Home
- Vinyl Siding
Interior Spaces
- 3,145 Sq Ft Home
- 3-Story Property
- Central Vacuum
- Furnished
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Blinds
- Drapes & Rods
- Living Room
- Dining Area
- Storage
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 5 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Fire and Smoke Detector
Parking
- Attached Garage
- Parking Pad
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- 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 49 / 37.04
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 29, 2022
Sold by
Palermo Joseph
Bought by
Leese Michael
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,646,250
Outstanding Balance
$1,551,644
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,868,751
Purchase Details
Listed on
Jan 13, 2020
Closed on
Aug 18, 2020
Sold by
Fitzpatrick Peter J and Fitzpatrick Marie E
Bought by
Palermo Joseph and Chusolo Lawrence
Seller's Agent
Travis Marshall
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$2,195,000
Sold Price
$2,075,000
Premium/Discount to List
-$120,000
-5.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$1,660,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2006
Sold by
Welsh Thomas J and Welsh Michael W
Bought by
Fitzpatrick Peter J and Fitzpatrick Marie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 13, 2005
Sold by
Sullivan James and Sullivan Gail
Bought by
Welsh Thomas J and Welsh Michael W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,000
Interest Rate
5.94%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Leese Michael | $2,195,000 | -- | |
| Palermo Joseph | $2,075,000 | None Available | |
| Fitzpatrick Peter J | $1,875,000 | None Available | |
| Welsh Thomas J | $1,150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leese Michael | $1,646,250 | |
| Previous Owner | Palermo Joseph | $1,660,000 | |
| Previous Owner | Fitzpatrick Peter J | $750,000 | |
| Previous Owner | Welsh Thomas J | $1,387,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2020 08/20/20 | Sold | $2,075,000 | -5.5% | $660 / Sq Ft |
| 07/14/2020 07/14/20 | Pending | -- | -- | -- |
| 01/13/2020 01/13/20 | For Sale | $2,195,000 | -- | $698 / 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 |
|---|---|---|---|---|
| 2025 | $8,678 | $1,413,300 | $700,000 | $713,300 |
| 2024 | $8,678 | $1,413,300 | $700,000 | $713,300 |
| 2023 | $8,607 | $1,413,300 | $700,000 | $713,300 |
| 2022 | $8,028 | $1,413,300 | $700,000 | $713,300 |
| 2021 | $7,731 | $1,413,300 | $700,000 | $713,300 |
| 2020 | $7,434 | $1,413,300 | $700,000 | $713,300 |
| 2019 | $7,208 | $1,413,300 | $700,000 | $713,300 |
| 2018 | $6,897 | $1,413,300 | $700,000 | $713,300 |
| 2017 | $7,949 | $1,429,700 | $750,000 | $679,700 |
| 2016 | $7,863 | $1,429,700 | $750,000 | $679,700 |
| 2015 | $7,735 | $1,429,700 | $750,000 | $679,700 |
| 2014 | $7,649 | $1,429,700 | $750,000 | $679,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Paul Sudell
P
Buyer's Agent in 2020
Paul Sudell
FERGUSON-DECHERT, INC
(609) 374-1326
71 in this area
110 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 200201
APN: 01 00037- 04-00049- 01
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Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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