NOT LISTED FOR SALE

225 55th St Avalon, NJ 08202

Estimated Value: $3,953,000 - $5,142,708

3 Beds
1 Bath
936 Sq Ft
$5,011/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $1,175,000 $1,255 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $25,900/month

20 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Eat-In Kitchen
  • Avalon Elementary School Rated A
  • Porch
  • Interior Lot

About This Home

As of July 2017

This home is located at 225 55th St, Avalon, NJ 08202 since 22 May 2017 and is currently estimated at $4,689,927, approximately $5,010 per square foot. This property was built in 1965. 225 55th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Barbara G. Roff

LONG & FOSTER REAL ESTATE, INC av License #8035304 Listed on: 05/22/2017

Last Buyer's Agent

Stephen Frame

DILLER FISHER REALTORS License #8833010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,477

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 60 x 110
  • Interior Lot
  • Property is zoned R-1B

Home Design

  • Ranch Style House

Interior Spaces

  • Drapes & Rods
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 55 / 54

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,477

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: High dunes
  • Also Includes: Curtains
  • Estimated Year Built: 1965
  • New Construction: No
  • Lot Size2: 60 X 110
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Tile Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Recreation/Family, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • House Color: white
  • Outside Features: Patio, Porch, Grill, Cable TV, Sidewalks, Outside Shower

Garage/Parking

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

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City, Public
  • Water: City, Public

Lot Info

  • Lot Number: 55
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 814000
  • Zoning: R-1B

Tax Info

  • Taxes: 4477
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Jul 28, 2017
Sold by
Corr James T and Corr Deborah A
Bought by
55 Gull Cottage Llc
Seller's Agent
Barbara G. Roff
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Stephen Frame
DILLER FISHER REALTORS
List Price
$1,400,000
Sold Price
$1,175,000
Premium/Discount to List
-$225,000
-16.07%
Current Estimated Value
$4,689,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,514,927
Avg. Annual Appreciation
17.98%
Original Mortgage
$940,000
Outstanding Balance
$782,658
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$3,907,269

Purchase Details

Closed on
Feb 22, 2012
Sold by
Corr James T
Bought by
Corr James T and Corr Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2008
Sold by
Estate Of Violet H Hain
Bought by
Corr James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.76%
Mortgage Type
Unknown
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
55 Gull Cottage Llc $1,175,000 None Available
Corr James T -- None Available
Corr James T $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 55 Gull Cottage Llc $940,000
Previous Owner Corr James T $407,000
Previous Owner Corr James T $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $1,175,000 -16.1% $1,255 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $1,400,000 -- $1,496 / 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 $15,642 $2,547,600 $1,000,000 $1,547,600
2024 $15,642 $2,547,600 $1,000,000 $1,547,600
2023 $15,453 $2,537,400 $1,000,000 $1,537,400
2022 $14,412 $2,537,400 $1,000,000 $1,537,400
2021 $13,935 $2,547,600 $1,000,000 $1,547,600
2020 $13,347 $2,537,400 $1,000,000 $1,537,400
2019 $5,100 $1,000,000 $1,000,000 $0
2018 $5,213 $1,068,200 $1,000,000 $68,200
2017 $4,526 $814,000 $800,000 $14,000
2016 $4,477 $814,000 $800,000 $14,000
2015 $4,404 $814,000 $800,000 $14,000
2014 $4,355 $814,000 $800,000 $14,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176415

Cape May County Association of REALTORS®

APN: 01-00054-04-00055