NOT LISTED FOR SALE

226 43rd St Avalon, NJ 08202

Estimated Value: $2,362,000 - $3,448,000

3 Beds
2 Baths
1,946 Sq Ft
$1,485/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $900,000 $462 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $15,982/month

42 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

As of January 2015

This unique, contemporary two story "right side up" home is ready to enjoy! First floor features a bright living area, well equipped kitchen with granite counter tops and stainless appliances, family area, dining room, half bath and hardwood floors. Second floor has two bedrooms with deck access, hall bathroom and master bedroom with private bathroom and deck. Lots of outdoor living space. Perfect for entertaining and highlighted by a new, generously sized pool and hot tub, multiple decks, fenced yard and paved driveway. This owner does not rent and it is easy to show. Lockbox.

Last Agent to Sell the Property

Sheila Erikson

LONG & FOSTER REAL ESTATE, INC av Listed on: 11/18/2014

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1977

Lot Details

  • Fenced Yard
  • Interior Lot
  • Property is zoned R-1C

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,946 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 50 / 43

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,860

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Beach, Bay & Town
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1946
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Grey
  • Outside Features: Deck, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 50
  • Lot Size: 50' x 110'
  • Sub Block: 04
  • Total Assessment: 908500
  • Zoning: R-1C
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 4860.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Jan 23, 2015
Sold by
Sanders Craig F and Sanders Christine J
Bought by
Moran Christopher R and Moran Andrea L
Seller's Agent
Sheila Erikson
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,179,000
Sold Price
$900,000
Premium/Discount to List
-$279,000
-23.66%
Current Estimated Value
$2,890,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,990,631
Avg. Annual Appreciation
11.52%
Original Mortgage
$720,000
Outstanding Balance
$549,651
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,340,980

Purchase Details

Closed on
May 27, 2011
Sold by
Lim James J and Lim Ann M
Bought by
Sanders Craig F and Sanders Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 16, 2006
Sold by
Verderame Vincent M and Verderame Merilynn
Bought by
Lim James J and Lim Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 5, 2005
Sold by
Cloud Nathan and Cloud Carolyn T
Bought by
Verderame Vincent and Verderame Merilynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Moran Christopher R $900,000 Shore Title Agency Inc
Sanders Craig F $900,000 None Available
Lim James J $1,225,000 None Available
Verderame Vincent $1,150,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Christopher R $720,000
Previous Owner Sanders Craig F $135,000
Previous Owner Sanders Craig F $675,000
Previous Owner Lim James J $245,000
Previous Owner Lim James J $857,500
Previous Owner Verderame Vincent $920,000
Closed Verderame Vincent $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2015 01/29/15 Sold $900,000 -23.7% $462 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $1,179,000 -- $606 / 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 $7,154 $1,165,100 $950,000 $215,100
2024 $7,154 $1,165,100 $950,000 $215,100
2023 $7,095 $1,165,100 $950,000 $215,100
2022 $6,618 $1,165,100 $950,000 $215,100
2021 $6,373 $1,165,100 $950,000 $215,100
2020 $6,128 $1,165,100 $950,000 $215,100
2019 $5,942 $1,165,100 $950,000 $215,100
2018 $5,686 $1,165,100 $950,000 $215,100
2017 $5,075 $912,700 $687,500 $225,200
2016 $4,997 $908,500 $687,500 $221,000
2015 $4,915 $908,500 $687,500 $221,000
2014 $4,860 $908,500 $687,500 $221,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161159

Cape May County Association of REALTORS®

APN: 01-00043-04-00050