NOT LISTED FOR SALE

2607 Ocean Dr Unit 2607 Avalon, NJ 08202

Estimated Value: $1,971,475 - $2,443,000

4 Beds
3 Baths
1,728 Sq Ft
$1,260/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $820,000 $475 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $12,448/month

42 Days on Market

Highlights

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

About This Home

As of April 2017

Realtors: please see Associated Docs for Seller's Disclosure, Insurances and Projected Rental Rates.

Last Agent to Sell the Property

John O'Dea

COMPASS RE - Avalon License #0571252 Listed on: 01/14/2017

COMPASS RE - Avalon

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,502

Lot Details

  • 3,136

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Parking Pad
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Spa
  • Fenced Yard
  • Island Location

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 65.01 / 26.04

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,502

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Fireplace Equipment, Furniture
  • New Construction: No
  • Second Address Number: 2607
  • Selling Agent1: 191
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Other Rooms: Living Room, Dining Room, Kitchen

Garage/Parking

  • Parking: Garage, Parking Pad, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: 2607
  • Common Area Features: Deck/Porch, Fenced Yard
  • Condo Fees: Shared Ins
  • Unit Features: Fireplace, Kitchen Center Island, Whirpool/Spa, Cathedral Ceiling
  • Unit Location: Water View

Lot Info

  • Lot Number: 65.01
  • Total Assessment: 636700
  • Zoning: b-1

Tax Info

  • Taxes: 3501.86
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2017
Closed on
Apr 13, 2017
Sold by
Gillespie Kevin and Gillespie Ann
Bought by
Crowley William R and Crowley Kathryn A
Seller's Agent
John O'Dea
COMPASS RE - Avalon
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$859,000
Sold Price
$820,000
Premium/Discount to List
-$39,000
-4.54%
Current Estimated Value
$2,177,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,357,869
Avg. Annual Appreciation
12.46%
Original Mortgage
$656,000
Outstanding Balance
$548,470
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$1,629,399

Purchase Details

Closed on
Mar 3, 2007
Sold by
Iacovino Ralph M and Iacovino Stephanie
Bought by
Gillespie Kevin and Gillespie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,450
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 30, 2001
Sold by
Avalon Station Llc
Bought by
Iacovino Ralph M and Stevenson Adam N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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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
Crowley William R $82,000,000 None Available
Gillespie Kevin $855,000 Shore Title Agency Inc
Iacovino Ralph M $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowley William R $656,000
Previous Owner Gillespie Kevin $119,450
Previous Owner Gillespie Kevin $650,000
Previous Owner Iacovino Ralph M $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $820,000 -4.5% $475 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $859,000 -- $497 / 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 $5,039 $820,700 $600,000 $220,700
2023 $4,998 $820,700 $600,000 $220,700
2022 $4,662 $820,700 $600,000 $220,700
2021 $4,489 $820,700 $600,000 $220,700
2020 $4,317 $820,700 $600,000 $220,700
2019 $4,186 $820,700 $600,000 $220,700
2018 $4,005 $820,700 $600,000 $220,700
2017 $3,540 $636,700 $400,000 $236,700
2016 $3,502 $636,700 $400,000 $236,700
2015 $3,445 $636,700 $400,000 $236,700
2014 $3,406 $636,700 $400,000 $236,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John O'Dea

    COMPASS RE - Avalon

    (609) 602-9784

    5 in this area

    51 Total Sales

    Section Image

  • H

    Buyer's Agent in 2017

    Holly C. Rennie, CRS,GRI,RSPS

    FERGUSON-DECHERT, INC

    (609) 425-9164

    39 in this area

    57 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174113

Cape May County Association of REALTORS®

APN: 01-00026-04-00065-1

New Jersey Cape May County Avalon 08202

2607 Ocean Dr Unit 2607, Avalon, NJ

This home is located at 2607 Ocean Dr Unit 2607, Avalon, NJ 08202 since 14 January 2017 and is currently estimated at $2,177,869, approximately $1,260 per square foot. 2607 Ocean Dr Unit 2607 is a home located in Cape May County with nearby schools including Avalon Elementary School.

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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