NOT LISTED FOR SALE

249 58th St Avalon, NJ 08202

Estimated Value: $3,220,000 - $5,437,000

6 Beds
6 Baths
3,816 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $2,500,000 $655 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $24,916/month

290 Days on Market

Highlights

  • Built in 2015 | Newly Remodeled
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Cathedral Ceiling

About This Home

As of May 2016

Just completed in July 2015! Brand new, three story home offering one of the most sought after floor plans on the Island! The 6 bedroom, 6.5 bath design allows plenty of living space & privacy (5 of 6 bedrooms have their own private bathroom), covered porches & large sun decks, a vaulted ceiling above the living room with fireplace, a First Floor Family Room w/wet bar overlooking a sparkling pool. Special features include: cedar siding, a cedar roof, 4 stop elevator, three zones of high efficiency gas heating & central a/c, a fireplace, large walk-in pantry, second laundry on 3rd floor, hardwood floors & granite throughout, stainless appliances, attractive grass yard with beautiful landscaping, irrigation system & pavers. All of this just about one block from large, uncrowded beaches! Enjoy the southern breezes, wetland views & sunsets.

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 07/11/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 6,621

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3,816 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Additional Features

  • Property is zoned R-1B
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 43 / 57.04

Home Details

Home Type

Single Family

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 01-Avalon Borough
  • Near: Beach and Bay
  • Estimated Year Built: 2015
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2015

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3816
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Frontage: 60
  • House Color: Tan
  • Outside Features: Patio, Deck, Porch, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 43
  • Lot Size: 60x110
  • Total Assessment: 999999
  • Zoning: R-1B
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 01000570004000430000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Noodles 1 Llc
Bought by
Luchko Kevin
Current Estimated Value
$4,541,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,117,763
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,423,560

Purchase Details

Listed on
Jul 11, 2015
Closed on
Jun 8, 2016
Sold by
Mark A Fanelli
Bought by
Lafata Michael and Lafata Leslie
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$2,000,000
Interest Rate
3.66%

Purchase Details

Closed on
Jul 30, 2005
Sold by
Lloyd William J and Lloyd Helen Ann
Bought by
Fanelli Mark A and Fanelli Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
4.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 23, 2004
Sold by
Penny Plate Inc
Bought by
Lloyd William J and Lloyd Helen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1995
Sold by
Matalucci Josephine
Bought by
Donohue Joseph W and Smith Kristen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luchko Kevin $1,550,000 None Available
Luchko Kevin $1,550,000 Old Republic National Title
Noodles 1 Llc -- None Available
Lafata Michael -- --
Fanelli Mark A $1,650,000 Seaboard Title
Lloyd William J $1,200,000 Seaboard Title Agency
Donohue Joseph W $107,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luchko Kevin $1,240,000
Closed Luchko Kevin $1,240,000
Previous Owner Lafata Michael $2,000,000
Previous Owner Lafata Michael --
Previous Owner Fanelli Mark A $1,320,000
Previous Owner Lloyd William J $960,000
Previous Owner Donohue Joseph W $40,000
Closed Lloyd William J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2016 05/26/16 Sold $2,500,000 -7.2% $655 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
07/11/2015 07/11/15 For Sale $2,695,000 -- $706 / 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 $16,002 $2,606,200 $1,400,000 $1,206,200
2024 $16,002 $2,606,200 $1,400,000 $1,206,200
2023 $15,827 $2,598,800 $1,400,000 $1,198,800
2022 $14,761 $2,598,800 $1,400,000 $1,198,800
2021 $14,215 $2,598,800 $1,400,000 $1,198,800
2020 $13,670 $2,598,800 $1,400,000 $1,198,800
2019 $13,254 $2,598,800 $1,400,000 $1,198,800
2018 $12,682 $2,598,800 $1,400,000 $1,198,800
2017 $11,249 $2,023,200 $1,000,000 $1,023,200
2016 $11,128 $2,023,200 $1,000,000 $1,023,200
2015 $5,410 $1,000,000 $1,000,000 $0
2014 $5,645 $1,055,100 $1,000,000 $55,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165050

Cape May County Association of REALTORS®

APN: 01-00057-04-00043