NOT LISTED FOR SALE

281 41st St Avalon, NJ 08202

Estimated Value: $3,135,000 - $3,699,000

5 Beds
5 Baths
1,152 Sq Ft
$3,052/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $1,500,000 $1,302 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $20,590/month

41 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

As of July 2015

Beautiful and meticulously maintained Tom Welsh home in a quiet residential neighborhood which is walking distance to tennis courts, parks, beach, town and more. Upside down, 2.5 stories with 5 bedrooms and 5 full baths. The second floor living kitchen and dining area is spacious and open with cathedral ceiling, granite counters and large center kitchen island, sliding doors open up to spacious deck. The large master bedroom encompasses the third floor including Jacuzzi in the bathroom and a private deck. Many amenities including central vacuum built-in surround sound system. Enjoy the shade of the first floor porch while sipping your morning coffee getting ready for a beautiful day on the widest beaches in Avalon. The Bay views from the master bedroom are an extra added bonus. This property is a must see contact your agent before it's too late!

Last Agent to Sell the Property

Kimberly Ritchie-leo

DILLER FISHER REALTORS License #0457493 Listed on: 04/30/2015

Co-Listed By

Robert Hafele

DILLER FISHER REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,262

Year Built

  • Built in 2006

Lot Details

  • Fenced Yard
  • Interior Lot

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 61.01 / 40.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,262

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Also Includes: Shades, Blinds, Rugs, Fireplace Equipment, Furniture
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Wall to Wall Carpet
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Outside Features: Deck, Grill, Fenced Yard, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 2 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 61.01
  • Lot Size: 50 x 110
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 8262
  • Assessor Parcel Number: 01000400004000610001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jul 10, 2015
Sold by
Reaser Janice R
Bought by
Shook Kevin and Shook Karen Drabant
Seller's Agent
Kimberly Ritchie-leo
DILLER FISHER REALTORS
List Price
$1,569,000
Sold Price
$1,500,000
Premium/Discount to List
-$69,000
-4.4%
Total Days on Market
41
Current Estimated Value
$3,515,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,015,385
Avg. Annual Appreciation
9.06%
Original Mortgage
$1,000,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Lombardi Raymond
Bought by
Reaser Janice R

Purchase Details

Closed on
Jun 9, 2006
Sold by
Bonner Thomas C
Bought by
North End Properties Llc

Purchase Details

Closed on
Oct 15, 2004
Sold by
Pesce Randle J and Pesce Colette G
Bought by
Lombardi Ramond and Bonner Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1997
Sold by
Mcginn Dorothea
Bought by
Peace Randle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.47%

Purchase Details

Closed on
May 5, 1994
Sold by
Ginn John E Mc
Bought by
Ginn Dorothea M Mc
Source: Public Records

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Range of Values:

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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
Shook Kevin $1,500,000 Surety Title
Reaser Janice R $1,675,000 Title Alliance Of Cape May C
North End Properties Llc -- None Available
Lombardi Ramond $935,000 --
Peace Randle $200,000 --
Ginn Dorothea M Mc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shook Kevin $1,308,600
Closed Shook Kevin $1,000,000
Previous Owner Bonner Thomas C $100,000
Previous Owner Lombardi Ramond $500,000
Previous Owner Peace Randle $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $1,500,000 -4.4% $1,302 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $1,569,000 -- $1,362 / 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
2024 $11,187 $1,822,000 $950,000 $872,000
2023 $11,096 $1,822,000 $950,000 $872,000
2022 $10,349 $1,822,000 $950,000 $872,000
2021 $9,966 $1,822,000 $950,000 $872,000
2020 $9,584 $1,822,000 $950,000 $872,000
2019 $9,006 $1,765,900 $950,000 $815,900
2018 $8,618 $1,765,900 $950,000 $815,900
2017 $8,586 $1,544,300 $687,500 $856,800
2016 $8,494 $1,544,300 $687,500 $856,800
2015 $8,355 $1,544,300 $687,500 $856,800
2014 $8,262 $1,544,300 $687,500 $856,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163776

Cape May County Association of REALTORS®

APN: 01 00040- 04-00061- 01