NOT LISTED FOR SALE

282 7th St Avalon, NJ 08202

Estimated Value: $3,629,484 - $4,301,000

5 Beds
5 Baths
3,344 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $1,590,000 $475 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $23,033/month

21 Days on Market

Highlights

  • Water Views
  • Newly Remodeled
  • Deck
  • Avalon Elementary School Rated A
  • In Ground Pool
  • 4-minute walk to 8th Street Recreation Center

About This Home

As of July 2015

Brand new, never occupied, beautiful three story, upside down home situated on a wonderful residential street. The location offers water and sunset views as well as immediate access to the ball field, tennis courts, basketball courts,playground and boat slips for lease. The curb appeal offered by the calming exterior colors and welcoming covered porch invite you into a sun filled entry foyer. The extra wide hallway leads you into an expansive family room overlooking an inground swimming pool with cabana. The family room has striking dark wood cabinets, wet bar with stainless steel ice maker, beverage center, french doors and gas fed fireplace. There are two large first floor bedrooms, one offering an ensuite bath and sliding glass doors to the covered porch. The first floor hall bath has a tub and the laundry room has Whirlpool Duet appliances, cabinets, quartz top and exit to the outside shower. The second floor great room has a beautiful granite kitchen with an expansive center island, white cabinets with soft close doors and drawers, stainless steel appliances including a wine chiller and a pantry. The vaulted great room is expansive and wonderful for entertaining. The oversized living and dining areas have built in cabinets, fireplace and immediate access to a spacious sundeck. Two additional large bedrooms, each with ensuite bath as well as a powder room serving the great room complete the second floor. The third floor master bedroom has a balcony overlooking the great room, ample bedroom space, walk in closet and access to a spacious, private sundeck offering fabulous sunset and water views. The opulent master bath has a soaking tub, twin sinks and a shower with multiple shower heads. Other features include factory stained cement siding, maintenance free composite decking and vinyl railings, richly stained hardwood floors and wainscoting throughout all common areas, three zone gas FHA heat and central air, central vac, ceiling fans in every room and off street parking for four cars. This home offers the best value in a new home currently available on the island.

Last Agent to Sell the Property

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 06/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,881

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Fenced Yard
  • Interior Lot
  • Sprinkler System

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3,344 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Parking Pad
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 62 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,881

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Water View
  • District Township: 01-Avalon Borough
  • Near: Ball Field, Playground
  • Estimated Year Built: 2014
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Whirlpool, Tile Flooring
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3344
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Outside Features: Patio, Deck, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Parking Pad, Concrete Driveway, 4 car parking

Utilities

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

Lot Info

  • Lot Number: 62
  • Lot Size: 50 x 110
  • Sub Block: 04
  • Total Assessment: 1473200
  • Zoning: RES
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 7881.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2016
Sold by
Mcbride Dennis and Mcbride Patricia
Bought by
Mcbride Dennis P
Current Estimated Value
$4,073,871

Purchase Details

Listed on
Jun 5, 2013
Closed on
Apr 21, 2014
Sold by
Gerhard Bernadette J
Bought by
Dooney James P and Dooney Mary B
Seller's Agent
Nancy Vasta
GLEN COVE REAL ESTATE
Buyer's Agent
Nancy Vasta
GLEN COVE REAL ESTATE
List Price
$24,000
Sold Price
$24,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.90%
Original Mortgage
$400,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2010
Sold by
Gerhard Bernadette H and Gerhard Bernadette Florence
Bought by
Gerhard Bernadette J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcbride Dennis P -- Attorney
Dooney James P $750,000 Shore Title
Gerhard Bernadette J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dooney James P $1,000,000
Previous Owner Dooney James P $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $1,590,000 -6.4% $475 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $1,699,000 +6979.2% $508 / Sq Ft
06/04/2014 06/04/14 Sold $24,000 0.0% $17 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
06/05/2013 06/05/13 For Sale $24,000 -- $17 / 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 $10,552 $1,718,500 $800,000 $918,500
2024 $10,552 $1,718,500 $800,000 $918,500
2023 $10,466 $1,718,500 $800,000 $918,500
2022 $9,761 $1,718,500 $800,000 $918,500
2021 $8,764 $1,718,500 $800,000 $918,500
2020 $9,039 $1,718,500 $800,000 $918,500
2019 $8,764 $1,718,500 $800,000 $918,500
2018 $8,386 $1,718,500 $800,000 $918,500
2017 $8,191 $1,473,200 $675,000 $798,200
2016 $8,103 $1,473,200 $675,000 $798,200
2015 $7,970 $1,473,200 $675,000 $798,200
2014 $3,700 $691,500 $675,000 $16,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164414

Cape May County Association of REALTORS®

APN: 01-00007-04-00062