NOT LISTED FOR SALE

261 45th St Avalon, NJ 08202

Estimated Value: $2,780,000 - $3,424,000

5 Beds
3 Baths
2,703 Sq Ft
$1,170/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $1,569,000 $580 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $18,495/month

63 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2016

This 5 bedrooms 3.5 bathrooms traditional style home is custom finished and ready for your use. This beautiful home has high ceilings with a kitchen that includes high end appliances and all the amenities you need to cook and entertain at the shore. Ample decking is included on both floors. The First floor includes an open living room, kitchen and dinning area that flows out to a blue stone screened in porched. First floor master bedroom with a high end bathroom, along with a study/office, Laundry room, and powder room finish off the First floor. Second floor has the remaining 4 bedrooms and 2 well done bathrooms. In addition, there is a spacious family room off the rear of the 2nd floor, equipped with a custom wet bar. Room spills out to an expansive fiberglass deck for outdoor entertaining. The home also offers a detached garage for storage space and plenty of off street parking. Beach access is on 44th Street.

Last Listed By

Ryan Vince

Tim Kerr Sotheby's International Realty Listed on: 02/03/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,642

Year Built

  • Built in 2008

Lot Details

  • Fenced Yard
  • Interior Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2,703 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Den
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 44.04 / 57

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,642

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Bay and Beach
  • Also Includes: Blinds, Rugs, Furniture
  • Estimated Year Built: 2008
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 13
  • Estimated Living Sq Ft: 2703
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Dining Area, 1st Floor Master Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Frontage: 50
  • House Color: Beige
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Screened Porch, Fenced Yard, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, Detached

Utilities

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

Lot Info

  • Lot Number: 44.04
  • Lot Size: 50x110
  • Total Assessment: 1227900
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 6642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
May 6, 2016
Sold by
Estate Of Michael J Izzo and Izzo Caren M
Bought by
Digaetano Justin and Digaetano Kristie J
Seller's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
List Price
$1,569,000
Sold Price
$1,569,000
Total Days on Market
63
Current Estimated Value
$3,162,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,593,787
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Izzo Michael J and Izzo Janet F
Bought by
Izzo Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Digaetano Justin $1,569,000 Shore Title Agency Inc
Izzo Michael J -- Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Digaetano Justin $1,270,700
Previous Owner Izzo Michael J $1,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $1,569,000 0.0% $580 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $1,569,000 -- $580 / 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 $9,698 $1,579,400 $950,000 $629,400
2023 $9,619 $1,579,400 $950,000 $629,400
2022 $8,971 $1,579,400 $950,000 $629,400
2021 $8,639 $1,579,400 $950,000 $629,400
2020 $8,308 $1,579,400 $950,000 $629,400
2019 $8,055 $1,579,400 $950,000 $629,400
2018 $7,707 $1,579,400 $950,000 $629,400
2017 $6,827 $1,227,900 $687,500 $540,400
2016 $6,753 $1,227,900 $687,500 $540,400
2015 $6,643 $1,227,900 $687,500 $540,400
2014 $6,569 $1,227,900 $687,500 $540,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168273

Cape May County Association of REALTORS®

APN: 01-00044-04-00057