NOT LISTED FOR SALE

225 61st St Avalon, NJ 08202

Estimated Value: $4,374,000 - $8,380,000

4 Beds
2 Baths
1,248 Sq Ft
$4,820/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $2,475,000 $1,983 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $34,320/month

90 Days on Market

Highlights

  • Property is near a beach
  • Deck
  • Porch
  • Avalon Elementary School Rated A
  • Ranch Style House
  • Interior Lot

About This Home

As of December 2020

This home is located at 225 61st St, Avalon, NJ 08202 since 30 July 2020 and is currently estimated at $6,015,755, approximately $4,820 per square foot. This property was built in 1965. 225 61st St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Paul Sudell

FERGUSON-DECHERT, INC Listed on: 07/30/2020

Last Buyer's Agent

John (Jack) Binder Jr

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,080

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 80x110
  • Interior Lot

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Partially Furnished
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 53 / 60

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,080

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1965
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 225
  • Lot Size2: 80x110
  • Price per Sq Ft: 1983.17
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Disposal
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Estimated Living Sq Ft: 1248
  • Other Rooms: Living Room, Dining Room, Kitchen, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Wood
  • Outside Features: Patio, Deck, Porch

Garage/Parking

  • Parking Garage: 3 Car

Utilities

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

Lot Info

  • Lot Number: 53
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: 04

Tax Info

  • Taxes: 8079.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Dec 18, 2020
Sold by
John L Worth T
Bought by
Maxon Eric D and Citrin Rebecca
Seller's Agent
Paul Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$2,795,000
Sold Price
$2,475,000
Premium/Discount to List
-$320,000
-11.45%
Current Estimated Value
$6,015,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,540,755
Avg. Annual Appreciation
20.37%
Original Mortgage
$1,980,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2001
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Maxon Eric D $2,475,000 None Available
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxon Eric D $1,980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $2,475,000 -11.4% $1,983 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $2,795,000 -- $2,240 / 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 $29,094 $4,738,500 $1,566,600 $3,171,900
2024 $29,094 $4,738,500 $1,566,600 $3,171,900
2023 $28,857 $4,738,500 $1,566,600 $3,171,900
2022 $8,898 $1,566,600 $1,566,600 $0
2021 $8,666 $1,584,300 $1,566,600 $17,700
2020 $8,333 $1,584,300 $1,566,600 $17,700
2019 $8,080 $1,584,300 $1,566,600 $17,700
2018 $7,731 $1,584,300 $1,566,600 $17,700
2017 $6,150 $1,106,200 $1,083,300 $22,900
2016 $6,084 $1,106,200 $1,083,300 $22,900
2015 $5,985 $1,106,200 $1,083,300 $22,900
2014 $5,918 $1,106,200 $1,083,300 $22,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202661

Cape May County Association of REALTORS®

APN: 01-00060-04-00053