NOT LISTED FOR SALE

2309 Dune Dr Unit 2309 Avalon, NJ 08202

Estimated Value: $1,882,000 - $2,914,000

3 Beds
2 Baths
2,086 Sq Ft
5,227 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $775,000 $372 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $10,171/month

3 Days on Market

Highlights

  • Property fronts an inlet
  • Island Location
  • Corner Lot
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of March 2018

Winter tenant - appointment with minimum 24 hour notice required in advance of all showings. Subject to executed 2018 leases. Current photos do not reflect the freshly painted interior and will soon be updated. The large tv in the living room and the bed in the master bedroom are property of the winter tenant.

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 01/16/2018

Last Buyer's Agent

Guy Sudell

FERGUSON-DECHERT, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,414

Year Built

  • Built in 2005

Lot Details

  • 5,227

Interior Spaces

  • 2,086 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Living Room
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Utilities

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

Additional Features

  • Property fronts an inlet
  • Island Location

Community Details

  • Elevator

Listing and Financial Details

  • Legal Lot and Block 23.03 / 422309

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,414

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inlet, Island
  • District Township: 01-Avalon Borough
  • Also Includes: Furniture
  • Estimated Year Built: 2005
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 2309
  • Price per Sq Ft: 371.52
  • Selling Agent1: 196
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 2086
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Black Top Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Water: City

Condo/Co-op/Association

  • Unit: 2309
  • Common Area Features: Elevator, Storage Facilities, Cable TV
  • Condo Fees: 900 qrt
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Corner

Lot Info

  • Lot Number: 23.03

Tax Info

  • Taxes: 3414.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Mar 6, 2018
Sold by
Mcginley Properties Llc
Bought by
Theodore Greyson Ent
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
Buyer's Agent
Guy Sudell
FERGUSON-DECHERT, INC
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Current Estimated Value
$1,788,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,013,000
Avg. Annual Appreciation
16.13%
Original Mortgage
$620,000
Outstanding Balance
$516,897
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,819,111

Purchase Details

Closed on
Aug 18, 2005
Sold by
Mcginley Brian J and Mcginley Gail
Bought by
Mcginley Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,125
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Marlee Aleece Llc
Bought by
Mcginley Brian J and Mcginley Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,125
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2003
Sold by
Avalon South Seas Golf Inc
Bought by
Marlee Aleece Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.96%
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
Theodore Greyson Ent $775,000 --
Mcginley Properties Llc -- Shore Title Agency Inc
Mcginley Brian J $749,500 Shore Title Agency Inc
Marlee Aleece Llc $928,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theodore Greyson Ent $620,000
Closed Theodore Greyson Ent $620,000
Previous Owner Mcginley Brian J $562,125
Previous Owner Marlee Aleece Llc $350,000
Previous Owner Marlee Aleece Llc $26,979
Previous Owner Marlee Aleece Llc $23,132
Previous Owner Marlee Aleece Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $775,000 -3.0% $372 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $799,000 -- $383 / 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 $4,576 $745,200 $400,000 $345,200
2024 $4,576 $745,200 $400,000 $345,200
2023 $4,538 $745,200 $400,000 $345,200
2022 $4,233 $745,200 $400,000 $345,200
2021 $4,076 $745,200 $400,000 $345,200
2020 $3,920 $745,200 $400,000 $345,200
2019 $3,801 $745,200 $400,000 $345,200
2018 $3,637 $745,200 $400,000 $345,200
2017 $3,414 $614,100 $300,000 $314,100
2016 $3,378 $614,100 $300,000 $314,100
2015 $3,322 $614,100 $300,000 $314,100
2014 $3,285 $614,100 $300,000 $314,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 179867

Cape May County Association of REALTORS®

APN: 01-00023-03-00042-2309