NOT LISTED FOR SALE

247 61st St Avalon, NJ 08202

Estimated Value: $3,189,361 - $4,497,000

5 Beds
4 Baths
2,337 Sq Ft
$1,639/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $1,600,000 $685 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $21,742/month

289 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of October 2014

You have to see this spectacular 5 Bedroom, 4 Bath beautifully appointed "move-in" condition home in South Avalon. Enjoy seaside living and wide beaches with this short walk to the beach. Features include: Ocean and Bay views, hardwood flooring in first floor Family Room, 2nd floor kitchen and dining area and spacious 2nd floor Living Room, newly installed carpeting in all 5 bedrooms, closets and new areas rug in 2nd floor Living Room.

Last Agent to Sell the Property

William Leahy

LONG and FOSTER REAL ESTATE INC-Avalon License #9110259 Listed on: 10/15/2013

LONG and FOSTER REAL ESTATE INC-Avalon

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,900

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 40 x 110
  • Sprinkler System

Parking

  • Stone Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,900

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 6 To 10 Years
  • Also Includes: Blinds, Curtains, Furnished, Rugs
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Security System, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Dining Area, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Deck, Outside Shower, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Stone

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 x 110
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Sep 22, 2014
Sold by
Morrison Mark G and Morrison Kathy A
Bought by
Marano Luke A and Marano Cynthia L
Seller's Agent
William Leahy
LONG and FOSTER REAL ESTATE INC-Avalon
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$3,805,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,205,244
Avg. Annual Appreciation
7.78%
Original Mortgage
$1,188,000
Outstanding Balance
$924,109
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$2,685,017

Purchase Details

Closed on
Jun 20, 2013
Sold by
Morrison Mark G and Morrison Kathy A
Bought by
Morrison Mark G and Morrison Kathy A

Purchase Details

Closed on
May 5, 2010
Sold by
Greene Collace and Greene Karen
Bought by
Morrison Mark G and Morrison Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2005
Sold by
Brick Michael J and Brick Krista L
Bought by
Greene Collace and Greene Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
Daleo Jack
Bought by
Brick Michael J and Brick Krista L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$969,500
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
Sold by
Welsh Thomas J
Bought by
D'Aleo Jack and J F Builders Inc

Purchase Details

Closed on
Oct 1, 2002
Sold by
Ryder Maryann
Bought by
Welsh Thomas J

Purchase Details

Closed on
Oct 30, 1995
Sold by
Fiorucci Louis A
Bought by
Ryder Maryann and Concetta T Lott +

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.62%
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
Marano Luke A $1,600,000 Shore Title Agency Inc
Morrison Mark G -- None Available
Morrison Mark G $1,400,000 Shore Title Agency Inc
Greene Collace $1,875,000 Seabord Title
Brick Michael J $1,385,000 Seaboard Title Agency
D'Aleo Jack $699,000 --
Welsh Thomas J $550,000 --
Ryder Maryann $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marano Luke A $1,188,000
Previous Owner Morrison Mark G $600,000
Previous Owner Greene Collace C $1,516,116
Previous Owner Greene Collace $1,500,000
Previous Owner Brick Michael J $969,500
Previous Owner Ryder Maryann $60,000
Closed Brick Michael J $238,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $1,600,000 0.0% $685 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $1,600,000 -- $685 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $10,900 $1,775,200 $1,166,600 $608,600
2024 $10,900 $1,775,200 $1,166,600 $608,600
2023 $10,811 $1,775,200 $1,166,600 $608,600
2022 $10,083 $1,775,200 $1,166,600 $608,600
2021 $9,475 $1,732,200 $1,166,600 $565,600
2020 $9,111 $1,732,200 $1,166,600 $565,600
2019 $8,834 $1,732,200 $1,166,600 $565,600
2018 $8,453 $1,732,200 $1,166,600 $565,600
2017 $7,341 $1,320,300 $833,300 $487,000
2016 $7,262 $1,320,300 $833,300 $487,000
2015 $7,143 $1,320,300 $833,300 $487,000
2014 $7,064 $1,320,300 $833,300 $487,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 419086

South Jersey Shore Regional MLS

APN: 01-00060-04-00045