NOT LISTED FOR SALE

261 60th St Avalon, NJ 08202

Estimated Value: $3,946,663 - $4,878,000

5 Beds
4 Baths
2,826 Sq Ft
$1,540/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $3,800,000 $1,345 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $25,339/month

31 Days on Market

Highlights

  • In Ground Pool
  • Property is near a beach
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of August 2022

This home is located at 261 60th St, Avalon, NJ 08202 since 07 June 2022 and is currently estimated at $4,351,916, approximately $1,539 per square foot. This property was built in 2000. 261 60th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Paul Sudell

FERGUSON-DECHERT, INC Listed on: 06/07/2022

Last Buyer's Agent

David Gorelick

COMPASS RE - AV Dune

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,715

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 60x110
  • Sprinkler System

Parking

  • Garage

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,826 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Great Room
  • Living Room
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 37,39+ / 59.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,715

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 01-Avalon Borough
  • Also Includes: See Remarks
  • Estimated Year Built: 2000
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 261
  • Lot Size2: 60x110
  • Price per Sq Ft: 1344.66
  • Selling Agent1: 5337
  • Selling Office1: 938
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Bar, Cathedral Ceilings, Wood Flooring
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 12
  • Estimated Living Sq Ft: 2826
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Porch, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 37,39+
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 11715.1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 19, 2022
Sold by
Diccianni and Dawn
Bought by
Richman Marc Steven and Richman Mary Love
Seller's Agent
Paul Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
David Gorelick
COMPASS RE - AV Dune
List Price
$4,195,000
Sold Price
$3,800,000
Premium/Discount to List
-$395,000
-9.42%
Current Estimated Value
$4,351,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,916
Avg. Annual Appreciation
4.05%
Original Mortgage
$3,040,000
Outstanding Balance
$2,900,717
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$1,350,985

Purchase Details

Listed on
Jun 6, 2020
Closed on
Aug 12, 2020
Sold by
Seeger Timothy W and Seeger Christa
Bought by
Diccianni Eric and Elliott-Diccianni Dawn
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Judith Frame
DILLER FISHER REALTORS
List Price
$2,695,000
Sold Price
$2,650,000
Premium/Discount to List
-$45,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.75%
Original Mortgage
$1,987,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1993
Sold by
Newjersey Dep
Bought by
Guarnieri Aldo and Guarnieri Carmela
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
Richman Marc Steven $3,800,000 Seaboard Title
Diccianni Eric $2,650,000 None Available
Guarnieri Aldo $21,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richman Marc Steven $3,040,000
Previous Owner Diccianni Eric $1,987,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $3,800,000 -3.8% $1,345 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $3,950,000 -5.8% $1,398 / Sq Ft
06/10/2022 06/10/22 For Sale $4,195,000 +58.3% $1,484 / Sq Ft
08/19/2020 08/19/20 Sold $2,650,000 -1.7% $938 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $2,695,000 +38.2% $954 / Sq Ft
08/16/2019 08/16/19 Sold $1,950,000 -13.3% $690 / Sq Ft
01/06/2019 01/06/19 For Sale $2,249,000 -- $796 / 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 $13,150 $2,141,700 $1,400,000 $741,700
2023 $13,043 $2,141,700 $1,400,000 $741,700
2022 $12,165 $2,141,700 $1,400,000 $741,700
2021 $11,715 $2,141,700 $1,400,000 $741,700
2020 $11,048 $2,100,400 $1,400,000 $700,400
2019 $10,712 $2,100,400 $1,400,000 $700,400
2018 $10,250 $2,100,400 $1,400,000 $700,400
2017 $9,127 $1,641,500 $1,000,000 $641,500
2016 $9,028 $1,641,500 $1,000,000 $641,500
2015 $8,881 $1,641,500 $1,000,000 $641,500
2014 $8,782 $1,641,500 $1,000,000 $641,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221807

Cape May County Association of REALTORS®

APN: 01-00059-04-00037