NOT LISTED FOR SALE

2545 Avalon Ave Avalon, NJ 08202

Estimated Value: $3,392,000 - $4,322,000

5 Beds
4 Baths
2,620 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $1,526,000 $582 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $20,763/month

314 Days on Market

Highlights

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 3-minute walk to Surfside Park

About This Home

As of April 2015

A fabulous value! This is a well maintained 5 bedroom, 4 bath, beach block single family home. Enter this house to the spacious family room with built in cabinets , wet bar , gas fire place, and easy access to the front covered deck. The first floor has 3 spacious bed rooms, 2 full baths and the laundry room. The second floor is a large open space with a dining area, kitchen with stainless appliances, island with additional seating and wine refrigerator. Living room has cathedral ceilings, gas fire place, lots of room for plenty of seating, and french doors to the large front deck. The master bedroom has a private deck, an en suite bath with a Jacuzzi. There is another bedroom and full bath on the second floor. Ample parking for at least 4 cars, but you will not need your car when you are here. Park your car walk to the beach, playground, restaurants, shopping, ice cream polar. You are a short walk to Avalon's popular business district. The back yard has ample space for adding an in ground pool and the over sized garage could easily be converted to a cabana. The property has a solid rental history. See Associated Docs for survey and Sellers disclosure.

Last Agent to Sell the Property

Patricia Jackson

Coldwell Banker James C Otton Real Estate License #8933907 Listed on: 05/01/2014

Coldwell Banker James C Otton Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,424

Lot Details

  • Building is beachfront but unit may not have water views

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Den
  • Wall to Wall Carpet
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1.5 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck
  • Porch

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 25.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,424

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 01-Avalon Borough
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Fireplace Equipment, Furniture, Window Treatments
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Den/TV Room, Eat-In-Kitchen, Laundry/Utility Room, Great Room, Storage Attic, 1st Floor Master Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 3
  • Lot Size: 50 x 110
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 8424.94
  • Assessor Parcel Number: 01000250001000030000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Apr 10, 2015
Sold by
Herman Scott A and Herman Denise A
Bought by
Schlosberg Jeremy D and Schlosberg Cathy M
Seller's Agent
Patricia Jackson
Coldwell Banker James C Otton Real Estate
List Price
$1,775,000
Sold Price
$1,526,000
Premium/Discount to List
-$249,000
-14.03%
Current Estimated Value
$3,755,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,229,629
Avg. Annual Appreciation
9.35%
Original Mortgage
$417,001
Outstanding Balance
$152,879
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$3,734,148

Purchase Details

Closed on
Nov 4, 2002
Sold by
Cesarine John
Bought by
Herman Scott A and Herman Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.04%

Purchase Details

Closed on
Oct 30, 1999
Sold by
Hallman James A
Bought by
Cesarine John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
7.73%
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
Schlosberg Jeremy D $1,526,000 Seaboard Title Agency
Herman Scott A $1,100,000 --
Cesarine John $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlosberg Jeremy D $417,001
Previous Owner Herman Scott A $620,000
Previous Owner Herman Scott A $800,000
Previous Owner Cesarine John $363,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $1,526,000 -14.0% $582 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
05/01/2014 05/01/14 For Sale $1,775,000 -- $677 / 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 $11,163 $1,818,000 $1,232,500 $585,500
2024 $11,163 $1,818,000 $1,232,500 $585,500
2023 $10,814 $1,775,700 $1,232,500 $543,200
2022 $10,086 $1,775,700 $1,232,500 $543,200
2021 $9,713 $1,775,700 $1,232,500 $543,200
2020 $9,340 $1,775,700 $1,232,500 $543,200
2019 $9,056 $1,775,700 $1,232,500 $543,200
2018 $8,665 $1,775,700 $1,232,500 $543,200
2017 $8,905 $1,601,700 $1,105,000 $496,700
2016 $8,809 $1,601,700 $1,105,000 $496,700
2015 $8,665 $1,601,700 $1,105,000 $496,700
2014 -- $1,601,700 $1,105,000 $496,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 157741

Cape May County Association of REALTORS®

APN: 01-00025-01-00003