NOT LISTED FOR SALE

238 62nd St Avalon, NJ 08202

Estimated Value: $4,002,000 - $7,225,000

5 Beds
2 Baths
2,761 Sq Ft
$2,085/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $2,100,000 $761 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $33,120/month

26 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Avalon Elementary School Rated A
  • Furnished
  • Interior Lot

About This Home

As of December 2020

This home is located at 238 62nd St, Avalon, NJ 08202 since 07 October 2020 and is currently estimated at $5,757,803, approximately $2,085 per square foot. This property was built in 1983. 238 62nd St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Roger Soens

COMPASS RE - AV Dune Listed on: 10/07/2020

COMPASS RE - AV Dune

Last Buyer's Agent

Paul Sudell

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,825

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 60' x 110'
  • Interior Lot
  • Property is zoned R1-B

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 2,761 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 50 / 62

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,825

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Beach & Bay
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 1983
  • New Construction: No
  • Second Address Number: 238
  • Lot Size2: 60' x 110'
  • Price per Sq Ft: 760.59
  • Selling Agent1: 4571
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Electric
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet
  • Total Bathrooms: 2.2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2761
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down
  • Exterior: Wood
  • Outside Features: Deck, Cable TV, Sidewalks, Outside Shower

Garage/Parking

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

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric, Heat Pump
  • Hot Water: Electric
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 50
  • Lot Size: 6001-10000 SqFt
  • Sub Block: 04
  • Total Assessment: 1730300
  • Zoning: R1-B

Tax Info

  • Taxes: 8824.53
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 4, 2020
Sold by
Avalon Bch House Ptnshp
Bought by
Derose Richard and Derose Colleen
Seller's Agent
Roger Soens
COMPASS RE - AV Dune
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$2,175,000
Sold Price
$2,100,000
Premium/Discount to List
-$75,000
-3.45%
Current Estimated Value
$5,597,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,497,404
Avg. Annual Appreciation
23.80%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Roberts Family Avalon Trust and Roberts Samuel
Bought by
Avalon Beach House Partnership
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
Derose Richard $2,100,000 None Available
Avalon Beach House Partnership -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $2,100,000 -3.4% $761 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $2,175,000 -- $788 / 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 $29,688 $4,835,100 $1,400,000 $3,435,100
2024 $29,688 $4,835,100 $1,400,000 $3,435,100
2023 $29,446 $4,835,100 $1,400,000 $3,435,100
2022 $7,952 $1,400,000 $1,400,000 $0
2021 $9,454 $1,730,300 $1,400,000 $330,300
2020 $9,101 $1,730,300 $1,400,000 $330,300
2019 $8,825 $1,730,300 $1,400,000 $330,300
2018 $8,444 $1,730,300 $1,400,000 $330,300
2017 $7,470 $1,343,600 $1,000,000 $343,600
2016 $7,390 $1,343,600 $1,000,000 $343,600
2015 $7,269 $1,343,600 $1,000,000 $343,600
2014 $7,188 $1,343,600 $1,000,000 $343,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203917

Cape May County Association of REALTORS®

APN: 01-00062-04-00050