NOT LISTED FOR SALE

281 47th St Avalon, NJ 08202

Estimated Value: $2,538,000 - $2,986,000

4 Beds
2 Baths
1,848 Sq Ft
$1,444/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $995,000 $538 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $15,571/month

191 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of February 2015

Avalon upside down style in prime residential location. This very well maintained home is less than a block from the exclusive south end beach paths. Quiet neighborhood, almost all owners are using their homes as second home or their primary residence. Beautifully landscaped front and back yards, off street parking, large shed for storage in back yard. Home has spacious kitchen, family room that can easily convert to a 5th bedroom, carpet and tile and hardwood floors, cathedral ceilings, gas fireplace, large deck and plenty of room in kitchen and dining area to have a large dinner party. Older homes in similar locations that need improvements are selling in this price range. Here's your opportunity to get your foot in the door while the market is moving forward and get a totally turn key property that you can enjoy at a superior price.

Last Listed By

Craig Soens

FERGUSON-DECHERT, INC Listed on: 07/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,627

Year Built

  • 1972

Lot Details

  • Fenced Yard
  • Interior Lot
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 61 / 46.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,627

Year Built

1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Partial Furniture
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Security System, Skylight, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Pantry, Great Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Grill, Fenced Yard, Cable TV, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Attached, Auto Door Opener, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 61
  • Lot Size: 50 X 110
  • Total Assessment: 879800
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 4627.75
  • Assessor Parcel Number: 01000460004000610000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Feb 24, 2015
Sold by
Leo James C
Bought by
Barton John J and Barton Coleen P
Seller's Agent
Craig Soens
FERGUSON-DECHERT, INC
List Price
$1,135,000
Sold Price
$995,000
Premium/Discount to List
-$140,000
-12.33%
Total Days on Market
191
Current Estimated Value
$2,668,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,673,901
Avg. Annual Appreciation
10.06%
Original Mortgage
$417,000
Outstanding Balance
$157,570
Interest Rate
2.97%
Mortgage Type
New Conventional
Estimated Equity
$2,506,796

Purchase Details

Closed on
Apr 22, 2005
Sold by
Leo James C and Leo Judith
Bought by
Leo James C

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
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2000
Sold by
Wilson Mark S
Bought by
Leo James C and Leo Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
8.48%

Purchase Details

Closed on
May 5, 1992
Sold by
Foster Timonthy
Bought by
Wilson Mark S and Wilson Patiric A

Purchase Details

Closed on
Apr 5, 1989
Sold by
Wisniewski Frank and Wisniewski Eleanor
Bought by
Foster Timothy
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
Barton John J $995,000 Seaboard Title Agency
Leo James C -- --
Leo James C $630,000 --
Wilson Mark S $307,000 --
Foster Timothy $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barton John J $417,000
Previous Owner Leo James C $232,500
Previous Owner Leo James C $563,000
Previous Owner Leo James C $565,000
Previous Owner Leo James C $350,000
Previous Owner Leo James C $350,000
Previous Owner Leo James C $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $995,000 -12.3% $538 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
07/21/2014 07/21/14 For Sale $1,135,000 -- $614 / 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 $7,072 $1,151,800 $950,000 $201,800
2023 $7,014 $1,151,800 $950,000 $201,800
2022 $6,542 $1,151,800 $950,000 $201,800
2021 $2,536 $1,151,800 $950,000 $201,800
2020 $6,058 $1,151,800 $950,000 $201,800
2019 $5,874 $1,151,800 $950,000 $201,800
2018 $5,621 $1,151,800 $950,000 $201,800
2017 $4,892 $879,800 $687,500 $192,300
2016 $4,839 $879,800 $687,500 $192,300
2015 $4,760 $879,800 $687,500 $192,300
2014 $4,707 $879,800 $687,500 $192,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 159082

Cape May County Association of REALTORS®

APN: 01-00046-04-00061