R
Seller's Agent in 2020
Roger Soens
COMPASS RE - Avalon Dune
(609) 967-3001
48 in this area
58 Total Sales
237 48th St Avalon, NJ 08202
Estimated Value: $4,064,000 - $5,159,000
1.38
Acres
$3,405,460
Price per Acre
60,113
Sq Ft Lot
About This Lot
As of August 2020This home is located at 237 48th St, Avalon, NJ 08202 since 02 August 2019 and is currently estimated at $4,699,535. 237 48th St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Last Agent to Sell the Property
COMPASS RE - Avalon Dune License #8532954 Listed on: 08/02/2019
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,100
Lot Details
- Lot Dimensions are 60' x 110'
- Interior Lot
- Cleared Lot
- Property is zoned R-1C
Listing and Financial Details
- Legal Lot and Block 49 / 47
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2019
Closed on
Aug 17, 2020
Sold by
Pensco T Co Llc
Bought by
Hornbrook Jeffrey and Hornbrook Dawn
Seller's Agent
Roger Soens
COMPASS RE - Avalon Dune
Buyer's Agent
KEVIN GILLESPIE
RE/MAX at the Sea
List Price
$1,695,000
Sold Price
$1,407,000
Premium/Discount to List
-$288,000
-16.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,292,535
Avg. Annual Appreciation
24.82%
Original Mortgage
$2,006,000
Outstanding Balance
$1,772,794
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,926,741
Purchase Details
Closed on
Jan 11, 2017
Sold by
Garofalo Richard A
Bought by
Richard A Garofalo Trust
Purchase Details
Closed on
Oct 6, 2016
Sold by
Garofalo Richard A and Garofalo Leon J
Bought by
Garofalo Richard A and Garofalo Leon J
Purchase Details
Closed on
May 12, 2016
Sold by
Garofalo Helen L and Garofalo Leon J
Bought by
Garofalo Richard A and Garofalo Leon J
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 |
|---|---|---|---|
| Hornbrook Jeffrey | $1,407,500 | Misc Company | |
| Richard A Garofalo Trust | -- | None Available | |
| Garofalo Richard A | -- | None Available | |
| Garofalo Richard A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hornbrook Jeffrey | $2,006,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/20/2020 08/20/20 | Sold | $1,407,000 | -17.0% | -- | |
| 06/01/2020 06/01/20 | Pending | -- | -- | -- | |
| 08/02/2019 08/02/19 | For Sale | $1,695,000 | +32.9% | -- | |
| 01/10/2019 01/10/19 | Sold | $1,275,000 | -15.0% | -- | View Prior Sale |
| 11/26/2018 11/26/18 | Pending | -- | -- | -- | |
| 06/22/2018 06/22/18 | For Sale | $1,500,000 | -- | -- |
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 | $16,580 | $2,700,400 | $1,000,000 | $1,700,400 |
| 2024 | $16,580 | $2,700,400 | $1,000,000 | $1,700,400 |
Source: Public Records
Agents Affiliated with this Home
-
Roger Soens
-
KEVIN GILLESPIE
K
Buyer's Agent in 2020
KEVIN GILLESPIE
RE/MAX at the Sea
(609) 263-3600
1 in this area
86 Total Sales
-
Miriam Kauterman
Seller's Agent in 2019
Miriam Kauterman
AVALON/STONE HARBOR REAL ESTATE
(609) 967-9200
6 in this area
15 Total Sales
-
V
Seller Co-Listing Agent in 2019
Vicky L. Garofalo, ABR
LONG & FOSTER REAL ESTATE, INC av
Map
Source: Cape May County Association of REALTORS®
MLS Number: 188894
APN: 01-00047-04-00049
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