Seller's Agent in 2021
Hugh Merkle
COMPASS RE - Stone Harbor
(609) 602-0300
15 in this area
108 Total Sales
272 74th St Avalon, NJ 08202
Estimated Value: $3,517,000 - $4,525,000
4
Beds
4
Baths
2,630
Sq Ft
$1,480/Sq Ft
Est. Value
Highlights
- Water Views
- Sauna
- Island Location
- Avalon Elementary School Rated A
- Property near a bay
- 1-minute walk to Avalon Playground
About This Home
As of April 2021This home is located at 272 74th St, Avalon, NJ 08202 since 26 July 2020 and is currently estimated at $3,893,053, approximately $1,480 per square foot. This property was built in 2003. 272 74th St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,034
Year Built
- Built in 2003
Lot Details
- Lot Dimensions are 60x110'
- Interior Lot
- Sprinkler System
- Property is zoned R-1B
Home Design
- Upside Down Style Home
- Wood Siding
- Stone Exterior Construction
Interior Spaces
- 2,630 Sq Ft Home
- 2-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Blinds
- Living Room
- Dining Area
- Sauna
- Water Views
- Fire and Smoke Detector
Kitchen
- Oven
- Stove
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- 4 Car Detached Garage
- Automatic Garage Door Opener
- Driveway
Outdoor Features
- Outdoor Shower
- Property near a bay
- Deck
- Patio
Location
- Island Location
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 32, 34, 36 / 74.04
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2020
Closed on
Apr 2, 2021
Sold by
Russell E Palmer Jr Ret
Bought by
Gioffre Michael and Gioffre Erica E
Seller's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
Buyer's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
List Price
$2,595,000
Sold Price
$2,325,000
Premium/Discount to List
-$270,000
-10.4%
Total Days on Market
149
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
$1,568,053
Avg. Annual Appreciation
13.43%
Original Mortgage
$1,860,000
Outstanding Balance
$1,697,436
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,195,617
Purchase Details
Closed on
Aug 2, 2007
Sold by
Lauer Mary Beth
Bought by
Lauer Michael K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,765,000
Interest Rate
15%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Mar 15, 2007
Sold by
Lauer Michael K
Bought by
Lauer Michael K and Lauer Mary Beth
Purchase Details
Closed on
Mar 31, 1998
Sold by
Schmid Joseph A
Bought by
Lauer Michael K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
7.11%
Purchase Details
Closed on
Jun 8, 1992
Sold by
Schmid Joseph A and Schmid Veronica
Bought by
Schmid Joseph A and Schmid Veronica
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 |
|---|---|---|---|
| Gioffre Michael | $2,325,000 | None Available | |
| Lauer Michael K | -- | None Available | |
| Lauer Michael K | -- | None Available | |
| Lauer Michael K | $346,400 | -- | |
| Schmid Joseph A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gioffre Michael | $1,860,000 | |
| Previous Owner | Lauer Michael K | $1,765,000 | |
| Previous Owner | Lauer Michael K | $277,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2021 04/02/21 | Sold | $2,325,000 | -10.4% | $884 / Sq Ft |
| 12/22/2020 12/22/20 | Pending | -- | -- | -- |
| 07/26/2020 07/26/20 | For Sale | $2,595,000 | -- | $987 / 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 |
|---|---|---|---|---|
| 2024 | $12,080 | $1,967,500 | $1,400,000 | $567,500 |
| 2023 | $11,982 | $1,967,500 | $1,400,000 | $567,500 |
| 2022 | $11,175 | $1,967,500 | $1,400,000 | $567,500 |
| 2021 | $10,762 | $1,967,500 | $1,400,000 | $567,500 |
| 2020 | $10,349 | $1,967,500 | $1,400,000 | $567,500 |
| 2019 | $10,034 | $1,967,500 | $1,400,000 | $567,500 |
| 2018 | $9,601 | $1,967,500 | $1,400,000 | $567,500 |
| 2017 | $8,440 | $1,518,000 | $1,000,000 | $518,000 |
| 2016 | $8,349 | $1,518,000 | $1,000,000 | $518,000 |
| 2015 | $8,212 | $1,518,000 | $1,000,000 | $518,000 |
| 2014 | $8,121 | $1,518,000 | $1,000,000 | $518,000 |
Source: Public Records
Agents Affiliated with this Home
-
Hugh Merkle
-
Ryan Vince
R
Buyer's Agent in 2021
Ryan Vince
Tim Kerr Sotheby's International Realty
(609) 605-6202
39 in this area
78 Total Sales
Map
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