NOT LISTED FOR SALE

263 7th St Avalon, NJ 08202

Estimated Value: $3,796,473 - $4,930,000

6 Beds
6 Baths
-- Sq Ft
1.15 Acres

Last Sold March 26, 2018

Last sale price $2,210,000

Est. 96% increase in value since last sale

Current estimated payment $25,225/month

18 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Fenced Yard

About This Home

As of March 2018

**Pictured is a similar property already built.** Property Spec. are in Assoc.Docs.

Last Listed By

Lawrence Fluehr

Coldwell Banker James C Otton Real Estate Listed on: 06/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50 x 110
  • Fenced Yard
  • Property is zoned R-1C

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Porch

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 57 / 6.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,565

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Estimated Year Built: 2017
  • New Construction: Yes
  • Second Address Number: 263
  • Lot Size2: 50 x 110
  • Selling Agent1: 4269
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2017

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer
  • Interior Amenities: Elevator, Fireplace- Gas
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 11
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room

Exterior Features

  • Construction: Three Story
  • Exterior: Other
  • Outside Features: Deck, Porch, Fenced Yard, 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, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 57
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-1C

Tax Info

  • Taxes: 4565
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Mar 26, 2018
Sold by
Welsh Michael
Bought by
Trabucco Joseph P and Trabucco Linda G
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
Buyer's Agent
MaryAnn Modano
LONG & FOSTER REAL ESTATE, INC av
List Price
$2,195,000
Sold Price
$2,210,000
Premium/Discount to List
$15,000
0.68%
Total Days on Market
18
Current Estimated Value
$4,326,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,116,618
Avg. Annual Appreciation
9.82%
Original Mortgage
$1,200,000
Outstanding Balance
$1,012,954
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,313,664

Purchase Details

Listed on
Sep 14, 2016
Closed on
Feb 24, 2017
Sold by
Davis William A and Davis Frances A
Bought by
Welsh Michael
Seller's Agent
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
Buyer's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
List Price
$945,000
Sold Price
$850,000
Premium/Discount to List
-$95,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.23%
Original Mortgage
$1,420
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2011
Sold by
Davis William A and Robert H Jensen Estate
Bought by
Davis William A and Davis Frances A

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
Trabucco Joseph P $2,210,000 --
Welsh Michael $850,000 None Available
Davis William A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trabucco Joseph P $1,200,000
Previous Owner Welsh Michael $1,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $2,210,000 +0.7% --
02/24/2018 02/24/18 Pending -- -- --
06/15/2017 06/15/17 For Sale $2,195,000 +158.2% --
02/24/2017 02/24/17 Sold $850,000 -10.1% --
01/25/2017 01/25/17 Pending -- -- --
09/14/2016 09/14/16 For Sale $945,000 -- --
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 $12,086 $1,968,400 $825,000 $1,143,400
2023 $11,988 $1,968,400 $825,000 $1,143,400
2022 $11,181 $1,968,400 $825,000 $1,143,400
2021 $10,767 $1,968,400 $825,000 $1,143,400
2020 $10,354 $1,968,400 $825,000 $1,143,400
2019 $10,039 $1,968,400 $825,000 $1,143,400
2018 $4,026 $825,000 $825,000 $0
2017 $4,615 $830,000 $812,500 $17,500
2016 $4,565 $830,000 $812,500 $17,500
2015 $4,490 $830,000 $812,500 $17,500
2014 $4,422 $826,600 $812,500 $14,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176813

Cape May County Association of REALTORS®

APN: 01-00006-04-00057