NOT LISTED FOR SALE

262 54th St Avalon, NJ 08202

Estimated Value: $4,412,000 - $4,755,000

6 Beds
5 Baths
3,825 Sq Ft
$1,204/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $2,582,500 $675 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $26,111/month

28 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2020

This home is located at 262 54th St, Avalon, NJ 08202 since 04 September 2020 and is currently estimated at $4,606,180, approximately $1,204 per square foot. This property was built in 2006. 262 54th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Guy Sudell

FERGUSON-DECHERT, INC Listed on: 09/04/2020

Last Buyer's Agent

Lawrence Fluehr

Coldwell Banker James C Otton Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,658

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 60 x 110
  • Fenced Yard
  • Interior Lot

Home Design

  • Contemporary Architecture
  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3,825 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Den
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 38 / 54

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,658

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: BEACH & BAY
  • Also Includes: Drapes, Blinds, Furniture
  • Estimated Year Built: 2006
  • New Construction: No
  • Second Address Number: 262
  • Lot Size2: 60 X 110
  • Price per Sq Ft: 675.16
  • Selling Agent1: 36
  • Selling Office1: 61
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 9
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 3825
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Contemporary, Three Story
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: TAN
  • Outside Features: Patio, Deck, Porch, Grill, Fenced Yard, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 38
  • Lot Size: 6001-10000 SqFt
  • Sub Lot: 04
  • Total Assessment: 2089900

Tax Info

  • Taxes: 10658.49
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 24, 2020
Sold by
Greco Mark B and Farley Faith A
Bought by
Encinas David E and Encinas Ann B
Seller's Agent
Guy Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
List Price
$2,750,000
Sold Price
$2,582,500
Premium/Discount to List
-$167,500
-6.09%
Current Estimated Value
$4,573,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,991,176
Avg. Annual Appreciation
12.00%
Original Mortgage
$275,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2007
Sold by
Seabreeze Lp
Bought by
Greco Mark B and Farley Faith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2005
Sold by
Pickell Edward B
Bought by
Sea Breeze Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
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
Encinas David E $2,582,500 None Available
Greco Mark B $2,100,000 None Available
Sea Breeze Lp $1,375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Encinas David E $760,000
Previous Owner Encinas David E $275,000
Previous Owner Greco Mark B $1,000,000
Previous Owner Greco Mark B $1,000,000
Previous Owner Greco Mark B $1,000,000
Previous Owner Greco Mark B $1,500,000
Previous Owner Sea Breeze Lp $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $2,582,500 -6.1% $675 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $2,750,000 -- $719 / 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 $12,832 $2,089,900 $1,000,000 $1,089,900
2024 $12,832 $2,089,900 $1,000,000 $1,089,900
2023 $12,727 $2,089,900 $1,000,000 $1,089,900
2022 $11,871 $2,089,900 $1,000,000 $1,089,900
2021 $11,432 $2,089,900 $1,000,000 $1,089,900
2020 $10,993 $2,089,900 $1,000,000 $1,089,900
2019 $10,658 $2,089,900 $1,000,000 $1,089,900
2018 $10,199 $2,089,900 $1,000,000 $1,089,900
2017 $9,897 $1,780,100 $800,000 $980,100
2016 $9,791 $1,780,100 $800,000 $980,100
2015 $9,630 $1,780,100 $800,000 $980,100
2014 $9,524 $1,780,100 $800,000 $980,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203319

Cape May County Association of REALTORS®

APN: 01-00054-04-00038