NOT LISTED FOR SALE

26 31st St W Avalon, NJ 08202

Estimated Value: $4,450,000 - $4,910,000

6 Beds
5 Baths
3,495 Sq Ft
$1,359/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $3,950,000 $1,130 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $28,691/month

19 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Island Location
  • Avalon Elementary School Rated A
  • Property is near a beach
  • 1-minute walk to Avalon Parks & Recreation Department

About This Home

As of April 2021

4 stop elevator shaft available. Ground floor portion of the shaft is currently being used as a 2nd outdoor shower.

Last Agent to Sell the Property

Ryan Vince

Tim Kerr Sotheby's International Realty Listed on: 11/22/2020

Last Buyer's Agent

William Albrecht

COMPASS RE - Avalon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,531

Year Built

  • Built in 2015

Lot Details

  • Lot Dimensions are 50x110
  • Fenced Yard
  • Interior Lot
  • Sprinkler System

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 3,495 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Den
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Parking Pad

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 6 / 31.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,531

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 2015
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 26
  • Lot Size2: 50x110
  • Price per Sq Ft: 1130.19
  • Selling Agent1: 2709
  • Selling Office1: 849
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Wine Cooler
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 15
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 3495
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Dining Area, Pantry

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Frontage: 50
  • House Color: Cedar
  • Outside Features: Patio, Deck, Porch, Grill, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 2 Car, Attached

Utilities

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

Lot Info

  • Lot Number: 6
  • Lot Size: 1 to 6000 SqFt
  • Sub Lot: 6.02
  • Zoning: Res

Tax Info

  • Taxes: 11531
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2020
Closed on
Apr 20, 2021
Sold by
Gioffre Michael and Gioffre Erica
Bought by
Duneourthing 2 Llc and Dunecourthing Llc
Seller's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
Buyer's Agent
William Albrecht
COMPASS RE - Avalon
List Price
$3,995,000
Sold Price
$3,950,000
Premium/Discount to List
-$45,000
-1.13%
Current Estimated Value
$4,985,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,035,506
Avg. Annual Appreciation
4.67%
Original Mortgage
$2,765,000
Outstanding Balance
$2,532,244
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,271,744

Purchase Details

Closed on
Nov 13, 2020
Sold by
Gioffre Michael and Gioffre Erica
Bought by
Evans Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,585,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 27, 2015
Sold by
Welsh Thomas J
Bought by
Gioffre Michael and Evans Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 8, 2014
Sold by
Atkinson Peter W and Atkinson Janet
Bought by
Welsh Thomas J

Purchase Details

Closed on
Jun 29, 2004
Sold by
Robertson Richard L and Robertson Elizabeth G
Bought by
Atkinson Peter W and Atkinson Janet

Purchase Details

Closed on
Jan 15, 2003
Sold by
Robertson Bruce
Bought by
Jacoby Robert A C and Robertson Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,840
Interest Rate
6.18%
Source: Public Records

Range of Values:

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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
Duneourthing 2 Llc $3,950,000 Misc Company
Evans Erica -- None Available
Gioffre Michael $1,200,000 Seaboard Title Agency
Welsh Thomas J $1,100,000 Seaboard Title Agency
Atkinson Peter W $902,500 --
Jacoby Robert A C $697,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duneourthing 2 Llc $2,765,000
Previous Owner Evans Erica $1,585,000
Previous Owner Gioffre Michael $1,700,000
Previous Owner Gioffre Michael $1,750,000
Previous Owner Gioffre Michael $2,100,000
Previous Owner Atkinson Peter W $1,100,000
Previous Owner Jacoby Robert A C $557,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $3,950,000 -1.1% $1,130 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/22/2020 11/22/20 For Sale $3,995,000 -- $1,143 / 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 $13,883 $2,261,100 $1,200,000 $1,061,100
2023 $13,770 $2,261,100 $1,200,000 $1,061,100
2022 $12,843 $2,261,100 $1,200,000 $1,061,100
2021 $9,395 $2,261,100 $1,200,000 $1,061,100
2020 $11,893 $2,261,100 $1,200,000 $1,061,100
2019 $11,532 $2,261,100 $1,200,000 $1,061,100
2018 $11,034 $2,261,100 $1,200,000 $1,061,100
2017 $10,079 $1,812,800 $900,000 $912,800
2016 $9,970 $1,812,800 $900,000 $912,800
2015 $4,869 $900,000 $900,000 $0
2014 $4,929 $921,300 $900,000 $21,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204542

Cape May County Association of REALTORS®

APN: 01 00031- 02-00006- 01