274 7th St Avalon, NJ 08202
6
Beds
5
Baths
1,133
Sq Ft
1.15
Acres
Highlights
- Water Views
- In Ground Pool
- Deck
- Avalon Elementary School Rated A
- Island Location
- 3-minute walk to 8th Street Recreation Center
About This Home
As of November 2019Sale contingent on Buyer finding a replacement property. Seller is a licensed NJ real estate sales agent.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,407
Year Built
- Built in 2016
Lot Details
- Lot Dimensions are 50' x 110'
- Fenced Yard
- Interior Lot
- Sprinkler System
- Property is zoned R-1C
Home Design
- Upside Down Style Home
- Slab Foundation
- Wood Siding
Interior Spaces
- 3-Story Property
- Elevator
- Furnished
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Drapes & Rods
- Blinds
- Great Room
- Dining Area
- Water Views
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Driveway
Pool
- In Ground Pool
- Spa
- Outdoor Shower
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Water Heated On Demand
- Cable TV Available
Additional Features
- Deck
- Island Location
Listing and Financial Details
- Legal Lot and Block 60 / 7.04
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2019
Closed on
Jan 8, 2020
Sold by
Avalon Borough Of
Bought by
Binder John A and Binder Alexis B
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,495,000
Sold Price
$2,495,000
Total Days on Market
16
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
$1,954,698
Avg. Annual Appreciation
10.29%
Purchase Details
Listed on
Apr 27, 2015
Closed on
Jun 19, 2015
Sold by
Hain Virginia M and Lynch James J
Bought by
Binder John A and Binder Alexis B
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$779,000
Sold Price
$727,500
Premium/Discount to List
-$51,500
-6.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.08%
Original Mortgage
$1,238,000
Interest Rate
3.84%
Mortgage Type
Construction
Similar Homes in Avalon, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $727,500 | Seaboard Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,245,000 | New Conventional | |
| Previous Owner | $1,238,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2019 11/22/19 | Sold | $2,495,000 | 0.0% | $2,202 / Sq Ft |
| 09/15/2019 09/15/19 | Pending | -- | -- | -- |
| 08/30/2019 08/30/19 | For Sale | $2,495,000 | +243.0% | $2,202 / Sq Ft |
| 06/19/2015 06/19/15 | Sold | $727,500 | -6.6% | $642 / Sq Ft |
| 05/20/2015 05/20/15 | Pending | -- | -- | -- |
| 04/27/2015 04/27/15 | For Sale | $779,000 | -- | $688 / 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 | $11,835 | $1,927,600 | $800,000 | $1,127,600 |
| 2023 | $11,739 | $1,927,600 | $800,000 | $1,127,600 |
| 2022 | $10,949 | $1,927,600 | $800,000 | $1,127,600 |
| 2021 | $10,544 | $1,927,600 | $800,000 | $1,127,600 |
| 2020 | $10,139 | $1,927,600 | $800,000 | $1,127,600 |
| 2019 | $9,831 | $1,927,600 | $800,000 | $1,127,600 |
| 2018 | $9,407 | $1,927,600 | $800,000 | $1,127,600 |
| 2017 | $9,094 | $1,635,700 | $675,000 | $960,700 |
| 2016 | $3,713 | $675,000 | $675,000 | $0 |
| 2015 | $3,774 | $697,600 | $675,000 | $22,600 |
| 2014 | $3,732 | $697,600 | $675,000 | $22,600 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2019
John A. (Jack) Binder
FERGUSON-DECHERT, INC
(610) 960-8892
121 in this area
156 Total Sales
-
J
Buyer's Agent in 2019
Jack Binder
FERGUSON-DECHERT, INC
(609) 967-4200
138 in this area
172 Total Sales
-
Seller's Agent in 2015
Daniel Bowersock
FERGUSON-DECHERT, INC
(609) 602-0912
103 in this area
128 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 189313
APN: 01-00007-04-00060
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