NOT LISTED FOR SALE

2823 Dune Dr Unit 2nd Floor Avalon, NJ 08202

Estimated Value: $1,149,000 - $2,145,000

3 Beds
2 Baths
1,300 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $519,000 $399 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $9,185/month

320 Days on Market

Highlights

  • Property near a bay
  • Island Location
  • Living Room
  • Avalon Elementary School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Surfside Park

About This Home

As of June 2016

The location everyone wants and the convenience everyone enjoys when on vacation. This two story townhome/condo offers the best of all worlds.  Quiet offices as your "in town" neighbors.  Large outside living areas (2) not offered by most condos.  Conveniently located just steps to all shopping, restaurants and entertainment. Short walk to the beach and family recreation. Turnkey condition.  Just park the car and enjoy! The home has been updated with custom paint palette, wainscoting and crown molding. Easy to care for tile flooring in the kitchen and baths with carpeting in the main living and bedroom areas.  Your two decks are ideal for outside entertaining - one off the main living area and the second roof top deck makes for the perfect place to watch the sunset over the bay or the fireworks over the beach.   Excellent vacation property for you to enjoy or rent.  Sold furnished and decorated. Priced to sell in today's market this is the lowest priced property of it's style in Avalon.

Last Agent to Sell the Property

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 07/15/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,121

Year Built

  • Built in 2001

Lot Details

  • 1,960

Parking

  • Assigned Parking

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Property near a bay
  • Island Location

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 40.2 / 28.03

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,121

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 01-Avalon Borough
  • Near: Town
  • Also Includes: Drapes, Blinds
  • Estimated Year Built: 2001
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2001

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1300
  • Other Rooms: Living Room, Eat In Kitchen, Dining Area, Storage Space

Garage/Parking

  • Parking: Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: 2nd Floor
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV
  • Unit Features: Wall To Wall Carpet, Foyer

Lot Info

  • Lot Number: 40.2
  • Total Assessment: 583800
  • Zoning: RES

Tax Info

  • Taxes: 3121.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jun 21, 2016
Sold by
Palin Julie
Bought by
Gillespie Catharine E
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$629,000
Sold Price
$519,000
Premium/Discount to List
-$110,000
-17.49%
Current Estimated Value
$1,679,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,160,596
Avg. Annual Appreciation
13.62%
Original Mortgage
$415,200
Outstanding Balance
$334,138
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,359,595

Purchase Details

Closed on
Apr 30, 2005
Sold by
Putnam Jerrie L and Putnam Stephanie A
Bought by
Palin Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,600
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2002
Sold by
Kerr Timothy E
Bought by
Putnam Jerrie L and Putnam Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.84%
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
Gillespie Catharine E $519,000 None Available
Palin Julie $744,500 Seaboard Title
Putnam Jerrie L $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palin Julie $595,600
Previous Owner Putnam Jerrie L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $519,000 -17.5% $399 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
07/15/2015 07/15/15 For Sale $629,000 -- $484 / 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 $3,355 $546,400 $400,000 $146,400
2024 $3,355 $546,400 $400,000 $146,400
2023 $3,328 $546,400 $400,000 $146,400
2022 $3,104 $546,400 $400,000 $146,400
2021 $2,989 $546,400 $400,000 $146,400
2020 $2,874 $546,400 $400,000 $146,400
2019 $2,787 $546,400 $400,000 $146,400
2018 $2,666 $546,400 $400,000 $146,400
2017 $3,246 $583,800 $400,000 $183,800
2016 $3,211 $583,800 $400,000 $183,800
2015 $3,158 $583,800 $400,000 $183,800
2014 $3,123 $583,800 $400,000 $183,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165118

Cape May County Association of REALTORS®

APN: 01-00028-03-00040-2