NOT LISTED FOR SALE

238 59th St Avalon, NJ 08202

Estimated Value: $2,794,000 - $4,886,000

5 Beds
5 Baths
3,200 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $3,415,000 $1,067 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $22,930/month

12 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Property is near a beach
  • Cathedral Ceiling

About This Home

As of May 2022

This home is located at 238 59th St, Avalon, NJ 08202 since 11 March 2022 and is currently estimated at $4,154,189, approximately $1,298 per square foot. This property was built in 2018. 238 59th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

CHRISTINE CORBO

LONG & FOSTER REAL ESTATE, INC av License #0570706 Listed on: 03/11/2022

LONG & FOSTER REAL ESTATE, INC av

Last Buyer's Agent

Daniel Bowersock

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,680

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 60 x 110
  • Fenced Yard

Parking

  • Parking Pad

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 48 / 59.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,680

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Water View
  • District Township: 01-Avalon Borough
  • Near: beach/bay
  • Also Includes: Blinds, See Remarks
  • Estimated Year Built: RENO 2018
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 238
  • Lot Size2: 60 x 110
  • Price per Sq Ft: 1067.19
  • Selling Agent1: 183
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 12
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3200
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Frontage: 60
  • Outside Features: Patio, Deck, Grill, Fenced Yard, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Parking Pad

Utilities

  • Cooling: Central Air Condition
  • Heating: Forced Air, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 48
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 9680
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 20, 2022
Sold by
Allen Timothy J and Allen Jean
Bought by
Elko Richard A and Elko Anne Marie
Seller's Agent
CHRISTINE CORBO
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$3,499,000
Sold Price
$3,415,000
Premium/Discount to List
-$84,000
-2.4%
Current Estimated Value
$4,154,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,189
Avg. Annual Appreciation
5.99%
Original Mortgage
$1,750,000
Outstanding Balance
$1,662,462
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$2,491,727

Purchase Details

Listed on
Apr 27, 2017
Closed on
Sep 8, 2017
Sold by
Keegan James and Keegan Kathryn A
Bought by
Allen Timothy J and Allen Jean
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
Buyer's Agent
CHRISTINE CORBO
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,695,000
Sold Price
$1,675,000
Premium/Discount to List
-$20,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.44%
Original Mortgage
$500,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2002
Sold by
Moran Albert L
Bought by
Keegan James and Keegan Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.04%
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
Elko Richard A $3,415,000 Seaboard Title
Allen Timothy J $1,675,000 None Available
Keegan James $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elko Richard A $1,750,000
Previous Owner Allen Timothy J $500,000
Previous Owner Keegan James $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $3,415,000 -2.4% $1,067 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $3,499,000 +108.9% $1,093 / Sq Ft
09/15/2017 09/15/17 Sold $1,675,000 -1.2% $579 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $1,695,000 -- $586 / 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 $10,864 $1,769,300 $1,400,000 $369,300
2024 $10,864 $1,769,300 $1,400,000 $369,300
2023 $10,775 $1,769,300 $1,400,000 $369,300
2022 $9,678 $1,769,300 $1,400,000 $369,300
2021 $9,678 $1,769,300 $1,400,000 $369,300
2020 $9,307 $1,769,300 $1,400,000 $369,300
2019 $9,023 $1,769,300 $1,400,000 $369,300
2018 $8,426 $1,726,700 $1,400,000 $326,700
2017 $7,231 $1,300,600 $1,000,000 $300,600
2016 $7,153 $1,300,600 $1,000,000 $300,600
2015 $7,036 $1,300,600 $1,000,000 $300,600
2014 $6,958 $1,300,600 $1,000,000 $300,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220632

Cape May County Association of REALTORS®

APN: 01-00059-04-00048