NOT LISTED FOR SALE

281 29th St Unit East Avalon, NJ 08202

Estimated Value: $1,880,000 - $3,137,000

5 Beds
3 Baths
2,454 Sq Ft
$987/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $925,000 $377 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $13,246/month

9 Days on Market

Highlights

  • Island Location
  • Cathedral Ceiling
  • Furnished
  • Avalon Elementary School Rated A
  • Main Floor Primary Bedroom
  • Fireplace

About This Home

As of December 2019

This home is located at 281 29th St Unit East, Avalon, NJ 08202 since 09 October 2019 and is currently estimated at $2,422,162, approximately $987 per square foot. This property was built in 2003. 281 29th St Unit East is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 10/09/2019

Last Buyer's Agent

MaryAnn Modano

LONG & FOSTER REAL ESTATE, INC av

LONG & FOSTER REAL ESTATE, INC av

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 2003

Lot Details

  • 6,098

Interior Spaces

  • 2,454 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Driveway

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Island Location

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 59.281 / 28

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,855

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Beach and Town
  • Also Includes: Furniture
  • Estimated Year Built: 2003
  • New Construction: No
  • Second Address Number: 281
  • Price per Sq Ft: 376.94
  • Selling Agent1: 4269
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Estimated Living Sq Ft: 2454
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, 1st Floor Master Bedroom

Garage/Parking

  • Parking: Parking Pad, 2 Car, Concrete Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: East
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Cable TV, Outside Shower
  • Condo Fees: Shared Ins
  • Unit Features: Fireplace, Kitchen Center Island, Wall To Wall Carpet, Cathedral Ceiling

Lot Info

  • Lot Number: 59.281
  • Total Assessment: 789900
  • Zoning: R-2A

Tax Info

  • Taxes: 3854.71
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2017
Closed on
Sep 29, 2017
Sold by
Applegate Stanley and Applegate Nancy
Bought by
Caruso Nicholas A
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$839,000
Sold Price
$799,000
Premium/Discount to List
-$40,000
-4.77%
Current Estimated Value
$2,422,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,623,162
Avg. Annual Appreciation
14.77%
Original Mortgage
$119,850
Outstanding Balance
$100,109
Interest Rate
3.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,322,054

Purchase Details

Closed on
Nov 10, 2005
Sold by
Rayer John M and Rayer Kimberly A
Bought by
Applegate Stanley and Applegate Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 25, 2004
Sold by
Rayer John M and Rayer Kimberly A
Bought by
Friday Peter D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 1996
Sold by
Brown Margaret L
Bought by
Rayer John and Rayer Kimberly A
Source: Public Records

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
Caruso Nicholas A $799,000 Seaboard Title Agency
Applegate Stanley $840,000 None Available
Friday Peter D $830,000 --
Rayer John $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caruso Nicholas A $119,850
Open Caruso Nicholas A $599,250
Previous Owner Applegate Stanley $255,000
Previous Owner Friday Peter D $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2019 12/16/19 Sold $925,000 0.0% $377 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $925,000 +15.8% $377 / Sq Ft
09/29/2017 09/29/17 Sold $799,000 -4.8% $326 / Sq Ft View Prior Sale
08/30/2017 08/30/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $839,000 -- $342 / Sq Ft
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 $4,850 $789,900 $480,000 $309,900
2024 $4,850 $789,900 $480,000 $309,900
2023 $4,810 $789,900 $480,000 $309,900
2022 $4,487 $789,900 $480,000 $309,900
2021 $4,321 $789,900 $480,000 $309,900
2020 $4,155 $789,900 $480,000 $309,900
2019 $4,028 $789,900 $480,000 $309,900
2018 $3,855 $789,900 $480,000 $309,900
2017 $3,353 $603,100 $320,000 $283,100
2016 $3,317 $603,100 $320,000 $283,100
2015 $3,263 $603,100 $320,000 $283,100
2014 $3,227 $603,100 $320,000 $283,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 778-8656

    112 in this area

    143 Total Sales

    Jack Binder
    Section Image

  • M

    Buyer's Agent in 2019

    MaryAnn Modano

    LONG & FOSTER REAL ESTATE, INC av

    9 in this area

    25 Total Sales

    MaryAnn Modano
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 190100

Cape May County Association of REALTORS®

APN: 01-00028-04-00059-281

New Jersey Cape May County Avalon 08202

281 29th St Unit East, Avalon, NJ

This home is located at 281 29th St Unit East, Avalon, NJ 08202 since 09 October 2019 and is currently estimated at $2,422,162, approximately $987 per square foot. This property was built in 2003. 281 29th St Unit East is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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