NOT LISTED FOR SALE

238 47th St Avalon, NJ 08202

Estimated Value: $3,087,000 - $3,753,000

5 Beds
4 Baths
2,960 Sq Ft
$1,188/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $1,550,000 $524 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $19,776/month

23 Days on Market

Highlights

  • Island Location
  • Deck
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of July 2016

If you have been searching for a quiet location with a great home, look no further. This five bedroom, four bathroom home is situated on a 60' wide lot just one block from the beach path. The wide lot allows for extra large room sizes throughout, most noticeably in the second floor entertaining space. That space features vaulted ceilings over the kitchen, living room and dining room, a gas fireplace, and multiple slider access out to the front facing deck. The front facing deck has two seating areas, and benefits from the utility lines running on the opposite side of the street. The first floor features a beautiful foyer with hardwoods, a large family room with built-in cabinetry, a wet bar, and slider access to the front deck. Three bedrooms and two full bathrooms (one is en-suite) round out the first floor. The second floor also has two bedrooms and two bathrooms, with a large master-suite. A large garage makes storing all of your bikes and beach and bay toys easy. 47th Street is generally only used by residents of the street, so the car traffic is minimal. The limited density on the street also helps to make the beach very quiet, perfect for beach games and family gatherings. If your goal is to be close enough to town to get there quickly, but never close enough to be impacted by busy weekends, this property is a must see.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 06/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,262

Year Built

  • Built in 2000

Lot Details

  • 6,621

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

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

Additional Features

  • Deck
  • Interior Lot
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 50, 52+ / 47

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,262

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Bay, Beach & Town
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Walk in Closet, Wall to Wall Carpet, Whirlpool
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2960
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Deck, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 50, 52+
  • Lot Size: 60' x 110'
  • Sub Block: 04
  • Total Assessment: 1342400
  • Zoning: RES
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 7262.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2009
Sold by
Garofalo Helen L
Bought by
Garofalo Helen L and Garofalo Leon J
Current Estimated Value
$3,461,978

Purchase Details

Closed on
May 16, 2008
Sold by
Hopkins Charles and Hopkins Joyce
Bought by
Horan Kevin F and Horan Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 9, 2000
Sold by
Hill Geoffrey
Bought by
Hopkins Charles J and Hopkins Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
8.48%

Purchase Details

Closed on
May 10, 1999
Sold by
Hollenback Robert
Bought by
Hill Carolyn and Hill Geoffrey
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
Garofalo Helen L -- None Available
Horan Kevin F $1,555,000 None Available
Hopkins Charles J $760,000 --
Hill Carolyn $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolon Thomas K $1,240,000
Closed Horan Kevin F $414,000
Closed Horan Kevin F $417,000
Closed Horan Kevin F $225,000
Closed Horan Kevin F $417,000
Previous Owner Hopkins Charles J $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $1,550,000 -2.8% $524 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $1,595,000 -- $539 / 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 $9,848 $1,603,900 $1,000,000 $603,900
2024 $9,848 $1,603,900 $1,000,000 $603,900
2023 $9,768 $1,603,900 $1,000,000 $603,900
2022 $9,110 $1,603,900 $1,000,000 $603,900
2021 $8,773 $1,603,900 $1,000,000 $603,900
2020 $8,437 $1,603,900 $1,000,000 $603,900
2019 $8,180 $1,603,900 $1,000,000 $603,900
2018 $7,644 $1,566,400 $1,000,000 $566,400
2017 $7,464 $1,342,400 $800,000 $542,400
2016 $7,383 $1,342,400 $800,000 $542,400
2015 $7,262 $1,342,400 $800,000 $542,400
2014 $7,182 $1,342,400 $800,000 $542,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170678

Cape May County Association of REALTORS®

APN: 01-00047-04-00050