NOT LISTED FOR SALE

281 16th St Avalon, NJ 08202

Estimated Value: $2,596,000 - $4,673,000

3 Beds
2 Baths
-- Sq Ft
5,489 Sq Ft Lot

Last Sold August 05, 2016

Last sale price $867,500

Est. 330% increase in value since last sale

Current estimated payment $20,681/month

197 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Ranch Style House
  • Great Room

About This Home

As of August 2016

Charming Rancher. This 3 bedroom 2 bath beauty is located close to the bay, beach, recreation, dinning and shopping. Cathedral ceilings, 3 large decks, driveway allowing for multiple cars to be parked and plenty of extra exterior storage. The new buyer won't have to worry about maintenance since the exterior is vinyl cedar shake impressions, vinyl railings and trex decking. This home is in turn key condition ready for a family to move right in and enjoy. The entry level ranchers are hard to find anymore in Avalon so don't miss out on this great opportunity. The seller is also willing to include plans for a new single family home designed by the renowned architect Mark Asher. (The image of the Mark Asher home is displayed in last photo)

Last Agent to Sell the Property

Craig Soens

FERGUSON-DECHERT, INC Listed on: 12/22/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,689

Lot Details

  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • Partially Furnished
  • Cathedral Ceiling
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Area
  • Storage
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 61 / 15.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,689

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Also Includes: Curtains, Shades, Blinds, Rugs, Partial Furniture, Window Treatments
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Ranch
  • Exterior: Asphalt, Vinyl
  • Outside Features: Deck, Enclosed/Covered Patio, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 3 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 61
  • Lot Size: 50 X 110
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 3689.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2015
Closed on
Aug 3, 2016
Sold by
Daly Lawrence W and Daly Mary Ellen
Bought by
Cassidy Francis X
Seller's Agent
Craig Soens
FERGUSON-DECHERT, INC
List Price
$935,000
Sold Price
$867,500
Premium/Discount to List
-$67,500
-7.22%
Current Estimated Value
$3,727,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,860,096
Avg. Annual Appreciation
16.68%

Purchase Details

Closed on
Aug 23, 2013
Sold by
Daly Mary H and Daly Lawrence W
Bought by
Daly Lawrence W and Daly Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1995
Sold by
Powers Bryan
Bought by
Daly Mary H and Daly Lawrence W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cassidy Francis X $867,500 Attorney
Daly Lawrence W -- None Available
Daly Mary H $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daly Lawrence W $350,000
Previous Owner Daly Mary H $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $867,500 -7.2% --
07/06/2016 07/06/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $935,000 -- --
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
2025 $14,270 $2,324,100 $800,000 $1,524,100
2024 $14,270 $2,324,100 $800,000 $1,524,100
2023 $4,872 $800,000 $800,000 $0
2022 $4,544 $800,000 $800,000 $0
2021 $4,482 $819,300 $800,000 $19,300
2020 $4,310 $819,300 $800,000 $19,300
2019 $4,178 $819,300 $800,000 $19,300
2018 $3,998 $819,300 $800,000 $19,300
2017 $3,834 $689,600 $675,000 $14,600
2016 $3,793 $689,600 $675,000 $14,600
2015 $3,731 $689,600 $675,000 $14,600
2014 $3,689 $689,600 $675,000 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 167643

Cape May County Association of REALTORS®

APN: 01-00015-04-00061