NOT LISTED FOR SALE

261 75th St Avalon, NJ 08202

Estimated Value: $3,841,000 - $5,196,037

5 Beds
6 Baths
3,858 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $2,250,000 $583 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $26,231/month

61 Days on Market

Highlights

  • In Ground Pool
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 2-minute walk to Avalon Playground

About This Home

As of June 2016

This beautifully finished and meticulously maintained south end of Avalon home has it all. The custom design allows for 5 large bedrooms, all with en-suite bathrooms, expansive deck space off the front and rear of the home, a four stop elevator, and a stunning backyard. A beautiful entrance foyer with limestone tile and wainscoting greets you as you walk through the front door. In addition to two large bedrooms, there is a wonderful family room off the rear of the first floor, equipped with a full wetbar, island seating, and a full bathroom. Through the sliders of the family room is an expansive, covered deck leading down to a grand rear yard with a large pool and hot tub, a cabana (attached to the rear of the garage), Techo-bloc pavers, and exquisite landscaping. Back inside, the custom staircase will lead you to the second floor entertaining space. The room is wide open and perfect for entertaining, with custom cabinetry, high-end appliances, and easy access to a huge exterior deck. The rear of the second floor offers a half bathroom for the entertaining space and two more bedrooms with ensuite bathrooms. The entire third floor is dedicated to a master suite, with a his and hers master bathroom, two walk-in closets (one with a second laundry area), and a huge deck with bay and bird sanctuary views. The home also offers a detached garage plus additional storage space built in to the side of the home, and plenty of off street parking. Best of all, the property is situated just 1.5 blocks to one of the best beaches in town. Don't miss your opportunity to preview this very special property.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 03/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,052

Year Built

  • Built in 2008

Lot Details

  • Fenced Yard
  • Interior Lot
  • Property is zoned R-1B

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3,858 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Wood Flooring
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 37, 39, 41 / 74

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,052

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Beach & Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 5
  • Total Rooms: 11
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3858
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Fenced Yard, Outside Shower, In Ground Pool, Whirpool/Spa

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 37, 39, 41
  • Lot Size: 60' x 110'
  • Sub Block: 04
  • Sub Lot: 88, 90, 92
  • Total Assessment: 1897000
  • Zoning: R-1B
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 10052.65
  • Assessor Parcel Number: 01000740004000370000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 17, 2016
Sold by
261 Partners Llc and Ciocca Gregg R
Bought by
Rhino Beach House Llc and Hauck Julian M
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,395,000
Sold Price
$2,250,000
Premium/Discount to List
-$145,000
-6.05%
Current Estimated Value
$4,685,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,435,009
Avg. Annual Appreciation
8.41%
Original Mortgage
$1,687,500
Outstanding Balance
$1,354,197
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$3,388,748

Purchase Details

Closed on
Jul 28, 2008
Sold by
Msm Group Llc
Bought by
261 Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2007
Sold by
Schindler Brown Kathleen J and Litvin Joan A
Bought by
Msm Group Llc
Source: Public Records

Range of Values:

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Average Value
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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
Rhino Beach House Llc $2,250,000 None Available
261 Partners Llc $2,450,000 Fidelity Title Abstract Co
Msm Group Llc $1,350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhino Beach House Llc $1,687,500
Previous Owner 261 Partners Llc $1,428,000
Previous Owner 261 Partners Llc $1,000,000
Previous Owner 261 Partners Llc $500,000
Previous Owner Msm Group Llc $1,617,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $2,250,000 -6.1% $583 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $2,395,000 -- $621 / 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 $15,239 $2,481,900 $1,400,000 $1,081,900
2024 $15,239 $2,481,900 $1,400,000 $1,081,900
2023 $15,115 $2,481,900 $1,400,000 $1,081,900
2022 $14,097 $2,481,900 $1,400,000 $1,081,900
2021 $13,576 $2,481,900 $1,400,000 $1,081,900
2020 $13,055 $2,481,900 $1,400,000 $1,081,900
2019 $12,658 $2,481,900 $1,400,000 $1,081,900
2018 $12,112 $2,481,900 $1,400,000 $1,081,900
2017 $10,447 $1,879,000 $1,000,000 $879,000
2016 $10,335 $1,879,000 $1,000,000 $879,000
2015 $10,165 $1,879,000 $1,000,000 $879,000
2014 $10,053 $1,879,000 $1,000,000 $879,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169144

Cape May County Association of REALTORS®

APN: 01-00074-04-00037