NOT LISTED FOR SALE

2511 Dune Dr Avalon, NJ 08202

Estimated Value: $2,479,000

4 Beds
3 Baths
2,130 Sq Ft
$1,164/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $2,000,000 $939 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,697/month

5 Days on Market

Highlights

  • Property near a bay
  • Island Location
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Ground Level Unit

About This Home

As of September 2022

ADDENDUM: Realtors see associated documents for: Master Deed and By-Laws; Seller Disclosure; Unit Features and Exclusions; Floor Plans and Projected Rental Rates (unit never rented). Showings by appointment only. Agent will open for all showings. Closing to take place after September 12. Condominium Buy-In Fee to Capital Fund $1,167.

Last Listed By

Hugh Merkle

COMPASS RE - Stone Harbor Listed on: 05/19/2022

COMPASS RE - Stone Harbor

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,486

Year Built

  • Built in 2006

Lot Details

  • 1,612

HOA Fees

  • $533 Monthly HOA Fees

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Ground Level Unit
  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 39 / 25.03

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,486

Year Built

Built in 2006

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Town & Beach
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2006
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Capital Contribution: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Oceanside At Dune Condominium
  • Second Address Number: 2511
  • Price per Sq Ft: 938.97
  • Selling Agent1: 182
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Wine Cooler
  • Number Of Stories: Two
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 2130
  • Other Rooms: Living Room, Eat In Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Carport, 2 Car, Black Top Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 2511
  • Common Area Features: Elevator, Deck/Porch, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 1600
  • Unit Features: Fireplace, Hardwood Floors, Wall To Wall Carpet, Elevator, Skylight, Foyer, Tile Floors
  • Unit Location: First Floor, Top Floor

Lot Info

  • Lot Number: 39
  • Total Assessment: 820100
  • Zoning: B-1

Tax Info

  • Taxes: 4485.95
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2023
Sold by
Hanlon Edward
Bought by
Edward A Hanlon Trust
Total Days on Market
5
Current Estimated Value
$2,479,000

Purchase Details

Listed on
May 19, 2022
Closed on
Sep 13, 2022
Sold by
Scardino Frank
Bought by
Hanlon Edward
Seller's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
Buyer's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$2,149,000
Sold Price
$2,000,000
Premium/Discount to List
-$149,000
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$1,500,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2013
Sold by
Scardino Frank
Bought by
Scardino Frank and Greenfield Antje

Purchase Details

Closed on
Sep 26, 2012
Sold by
Skf Associates Llc
Bought by
Scardino Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,150
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

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
Edward A Hanlon Trust -- None Listed On Document
Hanlon Edward $2,000,000 --
Scardino Frank -- None Available
Scardino Frank $676,150 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanlon Edward $1,500,000
Previous Owner Greenfield Antje $420,000
Previous Owner Scardino Frank $451,150
Previous Owner Skf Associates Llc $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $2,000,000 -6.9% $939 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $2,149,000 -- $1,009 / 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
2024 $5,035 $820,100 $475,000 $345,100
2023 $4,994 $820,100 $475,000 $345,100
2022 $4,658 $820,100 $475,000 $345,100
2021 $4,471 $820,100 $475,000 $345,100
2020 $4,314 $820,100 $475,000 $345,100
2019 $4,183 $820,100 $475,000 $345,100
2018 $4,002 $820,100 $475,000 $345,100
2017 $3,863 $694,800 $400,000 $294,800
2016 $3,821 $694,800 $400,000 $294,800
2015 $3,759 $694,800 $400,000 $294,800
2014 $3,717 $694,800 $400,000 $294,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221525

Cape May County Association of REALTORS®

APN: 01-00025-03-00039-2511