NOT LISTED FOR SALE

2527 Dune Dr Unit 2527 Avalon, NJ 08202

Estimated Value: $2,074,000

4 Beds
3 Baths
2,130 Sq Ft
2006 Built

Last Sold December 16, 2016

Last sale price $825,000 $387 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $11,919/month

274 Days on Market

Highlights

  • Property near a bay
  • Cathedral Ceiling
  • Fireplace
  • Avalon Elementary School Rated A
  • Skylights
  • Walk-In Closet

About This Home

As of December 2016

Downtown Avalon living at its finest with this 4BR/3BA luxury townhome just a short walk to the beautiful Avalon beaches. This two story Oceanside at Dune townhouse offers over 2,100 square feet of living space and multiple outdoor covered and open decks. The open first floor is an inviting space for entertaining or casual enjoyment with a large kitchen, dining area spacious living room and hardwood floors. The kitchen features stainless steel Thermador and JennAir appliances, granite counter-tops, and a large center island with seating for 4/5. The first floor also features a guest bedroom, full bath, two outdoor spaces, and an elevator that opens directly into the unit. The spacious second floor has two large guest bedrooms, a laundry room and a hall bath. Additionally there is a large master suite with walk in closet, attached three piece bath and private covered deck. This property also includes two covered parking spaces and a storage bin on the ground floor. Oceanside at Dune is a well-run association with a full time property manager.

Last Listed By

Hugh Merkle

COMPASS RE - Stone Harbor Listed on: 02/16/2016

COMPASS RE - Stone Harbor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 2006

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property near a bay

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

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,821

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds
  • Estimated Year Built: 2006
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

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

Garage/Parking

  • Parking: Carport, 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: 2527
  • Common Area Features: Elevator, Deck/Porch, Enclosed/Cov. Porch, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 1400 QTR
  • Unit Features: Fireplace, Kitchen Center Island, Walk-In/Cedar Closet, Wall To Wall Carpet, Elevator, Skylight, Cathedral Ceiling

Lot Info

  • Lot Number: 39
  • Zoning: B-1

Tax Info

  • Taxes: 3821.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2016
Closed on
Dec 16, 2016
Sold by
Leonard Robert and Leonard Ana Paula
Bought by
Bilali Mark James
Seller's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
List Price
$879,000
Sold Price
$825,000
Premium/Discount to List
-$54,000
-6.14%
Total Days on Market
274
Current Estimated Value
$2,074,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,249,000
Avg. Annual Appreciation
12.33%
Original Mortgage
$618,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2011
Sold by
Skf Llc
Bought by
Leonard Robert and Leonard Ana Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.6%
Mortgage Type
New Conventional

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
Bilali Mark James $825,000 Shore Title Agency Inc
Leonard Robert $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilali Mark James $500,000
Closed Bilali Mark J $385,375
Closed Bilali Mark J $582,000
Closed Bilali Mark J $130,500
Closed Bilali Mark James $618,750
Previous Owner Leonard Robert $175,000
Previous Owner Skf Associates Llc $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $825,000 -6.1% $387 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $879,000 -- $413 / 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 $3,137 $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: 168539

Cape May County Association of REALTORS®

APN: 01-00025-03-00039-2527