C
Seller's Agent in 2015
Chris Gallagher
Tim Kerr Sotheby's International Realty
(609) 425-5307
9 in this area
16 Total Sales
264 7th St Avalon, NJ 08202
Estimated Value: $3,074,420 - $3,890,000
4
Beds
4
Baths
2,412
Sq Ft
$1,399/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Property near a bay
- Cathedral Ceiling
- Avalon Elementary School Rated A
- Deck
- 3-minute walk to 8th Street Recreation Center
About This Home
As of May 2015An Exceptional Single-Family Home in a North-end Avalon Residential Neighborhood. This Home has been meticulously maintained and provides and Open & Airy floorplan. This (4)Bedroom, (4)Bath Home offers a 1st Floor Rear Family Room which provides access to your In-ground swimming pool (2008). Freshly painted with contemporary colors, updated appliances: refrigerator, dishwasher, washer and dryer (2011). NEW ROOF-(2014). Sold Furnished with kitchen accessories, this HOME IS A MUST SEE for the discerning Buyer looking for Quality and Comfort.
Last Agent to Sell the Property
Tim Kerr Sotheby's International Realty Listed on: 09/16/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,241
Year Built
- Built in 1999
Lot Details
- Fenced Yard
- Interior Lot
- Sprinkler System
- Property is zoned R-1C Res.
Home Design
- Upside Down Style Home
- Vinyl Siding
Interior Spaces
- 2,412 Sq Ft Home
- 2-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Blinds
- Drapes & Rods
- Living Room
- Dining Area
- Crawl Space
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Attached Garage
- Automatic Garage Door Opener
- Driveway
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Property near a bay
- Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 58 / 7.04
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2014
Closed on
May 1, 2015
Sold by
Holmgren Paul H and Holmgren Doreen C
Bought by
Mcgrath Michael J and Mcgrath Judith M
Seller's Agent
Chris Gallagher
Tim Kerr Sotheby's International Realty
List Price
$1,490,000
Sold Price
$1,390,000
Premium/Discount to List
-$100,000
-6.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,953,180
Avg. Annual Appreciation
8.99%
Original Mortgage
$1,170,000
Outstanding Balance
$931,941
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,437,178
Purchase Details
Closed on
Apr 4, 2008
Sold by
Nahas Suzanne M
Bought by
Holmgren Paul H and Holmgren Doreen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 31, 1998
Sold by
Gendaszek Ronald
Bought by
Junior Joseph Nakas and Nakas Suzanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.8%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcgrath Michael J | $1,390,000 | Seaboard Title Agency | |
| Holmgren Paul H | $1,250,000 | Shore Title Agency Inc | |
| Junior Joseph Nakas | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Mcgrath Michael J | $0 | |
| Open | Mcgrath Michael J | $1,170,000 | |
| Previous Owner | Holmgren Paul H | $999,950 | |
| Previous Owner | Suzanne M Nahas Revocable Trust | $960,000 | |
| Previous Owner | Junior Joseph Nakas | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2015 05/01/15 | Sold | $1,390,000 | -6.7% | $576 / Sq Ft |
| 04/01/2015 04/01/15 | Pending | -- | -- | -- |
| 09/16/2014 09/16/14 | For Sale | $1,490,000 | -- | $618 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $8,231 | $1,340,600 | $800,000 | $540,600 |
| 2024 | $8,231 | $1,340,600 | $800,000 | $540,600 |
| 2023 | $8,164 | $1,340,600 | $800,000 | $540,600 |
| 2022 | $7,615 | $1,340,600 | $800,000 | $540,600 |
| 2021 | $7,333 | $1,340,600 | $800,000 | $540,600 |
| 2020 | $7,052 | $1,340,600 | $800,000 | $540,600 |
| 2019 | $6,837 | $1,340,600 | $800,000 | $540,600 |
| 2018 | $6,542 | $1,340,600 | $800,000 | $540,600 |
| 2017 | $6,486 | $1,166,600 | $675,000 | $491,600 |
| 2016 | $6,416 | $1,166,600 | $675,000 | $491,600 |
| 2015 | $6,311 | $1,166,600 | $675,000 | $491,600 |
| 2014 | -- | $1,166,600 | $675,000 | $491,600 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Cape May County Association of REALTORS®
MLS Number: 160085
APN: 01-00007-04-00058
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