NOT LISTED FOR SALE

262 48th St Avalon, NJ 08202

Estimated Value: $3,521,000 - $4,990,023

3 Beds
1 Bath
-- Sq Ft
1.38 Acres

Last Sold October 27, 2020

Last sale price $1,701,000

Est. 154% increase in value since last sale

Current estimated payment $25,750/month

7 Days on Market

Highlights

  • Property near a bay
  • Island Location
  • Ranch Style House
  • Avalon Elementary School Rated A
  • Deck
  • Interior Lot

About This Home

As of October 2020

This home is located at 262 48th St, Avalon, NJ 08202 since 11 August 2020 and is currently estimated at $4,316,256. This property was built in 1966. 262 48th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

Allan H. Dechert

FERGUSON-DECHERT, INC Listed on: 08/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,157

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 60x110
  • Interior Lot

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Drapes & Rods
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 38 / 48.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,157

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: beach and bay
  • Also Includes: Drapes
  • Estimated Year Built: 1966
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 262
  • Lot Size2: 60x110
  • Selling Agent1: 485
  • Selling Office1: 25
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wall to Wall Carpet
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Deck, Storage Building, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 38
  • Lot Size: 6001-10000 SqFt
  • Zoning: RES

Tax Info

  • Taxes: 5157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 27, 2020
Sold by
Foy M Margaret Est
Bought by
Turner Donald and Turner Dianne
Seller's Agent
Allan H. Dechert
FERGUSON-DECHERT, INC
Buyer's Agent
Stephen Frame
DILLER FISHER REALTORS
List Price
$1,595,000
Sold Price
$1,701,000
Premium/Discount to List
$106,000
6.65%
Total Days on Market
7
Current Estimated Value
$4,316,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,615,256
Avg. Annual Appreciation
22.88%
Original Mortgage
$700,000
Outstanding Balance
$630,995
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,685,261

Purchase Details

Closed on
Apr 27, 1984
Bought by
Foy Edward D and Foy Margaret M

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Turner Donald $1,701,000 Freedom Title
Foy Edward D $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Donald $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $1,701,000 +6.6% --
08/18/2020 08/18/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $1,595,000 -- --
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 $20,464 $3,332,900 $1,000,000 $2,332,900
2023 $20,269 $3,328,300 $1,000,000 $2,328,300
2022 $5,680 $1,000,000 $1,000,000 $0
2021 $5,531 $1,011,100 $1,000,000 $11,100
2020 $5,318 $1,011,100 $1,000,000 $11,100
2019 $5,157 $1,011,100 $1,000,000 $11,100
2018 $4,934 $1,011,100 $1,000,000 $11,100
2017 $4,541 $816,800 $800,000 $16,800
2016 $4,492 $816,800 $800,000 $16,800
2015 $4,419 $816,800 $800,000 $16,800
2014 $4,370 $816,800 $800,000 $16,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Homes in Avalon, NJ

  • 178 37th St, Avalon, NJ 08202

    $3,795,000

    • 4 Beds
    • 3 Baths
    • 2,561 Sq Ft
    • 178 37th St
    • Avalon, NJ

    Sale subject to 2025 Leases

    Jack Binder FERGUSON-DECHERT, INC

    Section Image

Source: Cape May County Association of REALTORS®

MLS Number: 202942

Cape May County Association of REALTORS®

APN: 01-00048-04-00038