NOT LISTED FOR SALE

261 27th St Avalon, NJ 08202

Estimated Value: $2,548,000 - $2,876,000

4 Beds
2 Baths
2,369 Sq Ft
$1,163/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $1,122,000 $474 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $15,709/month

9 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of September 2019

This home is located at 261 27th St, Avalon, NJ 08202 since 22 May 2019 and is currently estimated at $2,756,168, approximately $1,163 per square foot. This property was built in 2004. 261 27th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Peggy L. Anderson

LONG & FOSTER REAL ESTATE, INC av Listed on: 05/22/2019

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 2004

Lot Details

  • 6,098

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Utilities

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

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 57 / 26.04

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,609

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Shopping, Beach, Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2004
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 261
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Parking Pad, 2 Car, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: 261
  • Common Area Features: Deck/Porch, Cable TV, Outside Shower
  • Condo Fees: Shared
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Cathedral Ceiling
  • Unit Location: Other (See Remarks), Water View

Lot Info

  • Lot Number: 57
  • Total Assessment: 944500

Tax Info

  • Taxes: 4609.16
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Sep 27, 2019
Sold by
Lynch Joseph F and Lynch Margaret J
Bought by
Pietrusko Robert G and Pietrusko Susan E
Seller's Agent
Peggy L. Anderson
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$995,000
Sold Price
$1,122,000
Premium/Discount to List
$127,000
12.76%
Current Estimated Value
$2,756,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,634,168
Avg. Annual Appreciation
13.06%
Original Mortgage
$897,600
Outstanding Balance
$782,398
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,523,452

Purchase Details

Closed on
Dec 18, 2009
Sold by
Glassen James W and Glassen Mary Anne D
Bought by
Lynch Joseph F and Lynch Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Leventon Michael
Bought by
Glassen James W and Glassen Mary Anne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Meo Andrea J De
Bought by
Leventon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
6.35%
Source: Public Records

Range of Values:

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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
Pietrusko Robert G $1,122,000 Seaboard Title
Lynch Joseph F $732,500 None Available
Glassen James W $729,000 --
Leventon Michael $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pietrusko Robert G $897,600
Previous Owner Lynch Joseph F $417,000
Previous Owner Glassen James W $565,000
Previous Owner Glassen James W $583,200
Previous Owner Leventon Michael $543,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $1,122,000 +12.8% $474 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $995,000 -- $420 / 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 $5,838 $950,800 $600,000 $350,800
2024 $5,838 $950,800 $600,000 $350,800
2023 $5,790 $950,800 $600,000 $350,800
2022 $5,401 $950,800 $600,000 $350,800
2021 $5,182 $950,800 $600,000 $350,800
2020 $4,968 $944,500 $600,000 $344,500
2019 $4,817 $944,500 $600,000 $344,500
2018 $4,609 $944,500 $600,000 $344,500
2017 $3,843 $691,200 $400,000 $291,200
2016 $3,802 $691,200 $400,000 $291,200
2015 $3,739 $691,200 $400,000 $291,200
2014 $3,698 $691,200 $400,000 $291,200
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Peggy L. Anderson

    LONG & FOSTER REAL ESTATE, INC av

  • J

    Buyer's Agent in 2019

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 967-4200

    138 in this area

    172 Total Sales

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 187868

Cape May County Association of REALTORS®

APN: 01-00026-04-00057-261

New Jersey Cape May County Avalon 08202

261 27th St, Avalon, NJ

This home is located at 261 27th St, Avalon, NJ 08202 since 22 May 2019 and is currently estimated at $2,756,168, approximately $1,163 per square foot. This property was built in 2004. 261 27th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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