NOT LISTED FOR SALE

2601 Ocean Dr Unit 2601 Avalon, NJ 08202

Estimated Value: $1,809,000 - $2,124,806

4 Beds
3 Baths
1,784 Sq Ft
$1,103/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $1,395,000 $782 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,784/month

1 Day on Market

Highlights

  • Water Views
  • Island Location
  • Corner Lot
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of October 2020

Sold furnished minus some artwork and personal items.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 10/02/2020

Last Buyer's Agent

Berniece Anzalone

Coldwell Banker James C Otton Real Estate License #9701414

Coldwell Banker James C Otton Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,205

Year Built

  • Built in 2001

Lot Details

  • 2,744

Interior Spaces

  • 1,784 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

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

Additional Features

  • Outdoor Shower
  • Island Location

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 66 / 26

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,205

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Corner, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2001
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1784
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Laundry Room
  • Condo Fees: Shared Ins
  • Unit Features: Fireplace, Kitchen Center Island, Wall To Wall Carpet, Cathedral Ceiling
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 66
  • Sub Block: 04

Tax Info

  • Taxes: 4205.46
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Anzalone Berniece M
Bought by
Scarpone Nicholas and Scarpone Sandra
Current Estimated Value
$1,967,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,580,000
Outstanding Balance
$1,562,686
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$405,266

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 30, 2020
Sold by
Browne William M and Breiner Adriane L
Bought by
Anzalone Berniece M
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Berniece Anzalone
Coldwell Banker James C Otton Real Estate
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Mar 31, 2018
Closed on
Sep 24, 2018
Sold by
Cuadra Salvador A and Pinney Antonia F
Bought by
Browne William M and Breiner Adriane L
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Kevin Kozak
COMPASS RE - Avalon Dune
List Price
$929,000
Sold Price
$900,000
Premium/Discount to List
-$29,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.33%
Original Mortgage
$720,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jan 15, 2015
Sold by
Mills Matthew W and Mills Maureen Ea
Bought by
Cuadra Salvador A and Pinney Antonia F
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$819,000
Sold Price
$750,000
Premium/Discount to List
-$69,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$525,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
Balaban Donald J
Bought by
Mills Matthew W and Mills Maureen E A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2001
Sold by
Avalon Station Llc
Bought by
Wajert Sean F and Wajert Mary Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Scarpone Nicholas $2,055,000 Seaboard Title
Scarpone Nicholas $2,055,000 Seaboard Title
Anzalone Berniece M $1,395,000 None Available
Browne William M $900,000 --
Cuadra Salvador A $750,000 Shore Title Agency Inc
Mills Matthew W $975,000 --
Wajert Sean F $419,000 --
Wajert Sean F $419,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarpone Nicholas $1,580,000
Closed Scarpone Nicholas $1,580,000
Previous Owner Browne William M $720,000
Previous Owner Cuadra Salvador A $525,000
Previous Owner Mills Matthew W $720,000
Previous Owner Wajert Sean F $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $1,395,000 0.0% $782 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $1,395,000 +55.0% $782 / Sq Ft
09/28/2018 09/28/18 Sold $900,000 -3.1% $504 / Sq Ft View Prior Sale
08/29/2018 08/29/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $929,000 +23.9% $521 / Sq Ft
01/16/2015 01/16/15 Sold $750,000 -8.4% $420 / Sq Ft View Prior Sale
12/17/2014 12/17/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $819,000 -- $459 / 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 $5,063 $824,600 $600,000 $224,600
2024 $5,063 $824,600 $600,000 $224,600
2023 $5,022 $824,600 $600,000 $224,600
2022 $4,684 $824,600 $600,000 $224,600
2021 $4,412 $824,600 $600,000 $224,600
2020 $4,337 $824,600 $600,000 $224,600
2019 $4,205 $824,600 $600,000 $224,600
2018 $4,024 $824,600 $600,000 $224,600
2017 $3,610 $649,300 $400,000 $249,300
2016 $3,571 $649,300 $400,000 $249,300
2015 $3,513 $649,300 $400,000 $249,300
2014 $3,474 $649,300 $400,000 $249,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John (Jack) Binder Jr

    FERGUSON-DECHERT, INC

    (609) 778-8656

    134 in this area

    163 Total Sales

    John (Jack) Binder Jr
    Section Image

  • B

    Buyer's Agent in 2020

    Berniece Anzalone

    Coldwell Banker James C Otton Real Estate

    Section Image
  • Kevin Kozak

    Buyer's Agent in 2018

    Kevin Kozak

    COMPASS RE - Avalon Dune

    (609) 628-3095

    1 in this area

    54 Total Sales

    Kevin Kozak
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203824

Cape May County Association of REALTORS®

APN: 01-00026-04-00066-2

New Jersey Cape May County Avalon 08202

2601 Ocean Dr Unit 2601, Avalon, NJ

Not Listed for Sale

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