NOT LISTED FOR SALE

284 7th St Avalon, NJ 08202

Estimated Value: $4,879,893 - $5,467,000

7 Beds
6 Baths
-- Sq Ft
16 Acres

Last Sold June 26, 2020

Last sale price $2,818,000

Est. 81% increase in value since last sale

Current estimated payment $29,921/month

120 Days on Market

Highlights

  • Water Views
  • New Construction
  • Island Location
  • Avalon Elementary School Rated A
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of June 2020

Furniture allowance will be given at Closing

Last Listed By

John Molnar

Coldwell Banker James C Otton Real Estate Listed on: 01/29/2020

Coldwell Banker James C Otton Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 68.5 x 110
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Utilities

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

Additional Features

  • Patio
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 65 / 7.04

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Rec Field, Tennis Ct, AYC
  • Estimated Year Built: 2020
  • New Construction: Yes
  • Second Address Number: 284
  • Listing Office2: 61
  • Lot Size2: 68.5 x 110
  • Selling Agent1: 425
  • Selling Office1: 57
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Wood Flooring, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 7
  • Total Rooms: 12
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Other
  • Frontage: 68
  • Outside Features: Patio, Fenced Yard, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 65
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-1C

Tax Info

  • Taxes: 9999999.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Jun 26, 2020
Sold by
Stuplin Anne G
Bought by
Shapiro Mark D and Shapiro Nancy A
Seller's Agent
John Molnar
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Douglas Newbold
NEWBOLD REAL ESTATE CO
List Price
$2,995,000
Sold Price
$2,818,000
Premium/Discount to List
-$177,000
-5.91%
Total Days on Market
120
Current Estimated Value
$5,098,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,280,631
Avg. Annual Appreciation
12.84%

Purchase Details

Listed on
May 31, 2017
Closed on
Mar 22, 2018
Sold by
Grey Michael J
Bought by
Stulpin Anne G
Seller's Agent
Evelyn Giel
COASTAL ELITE REALTY
Buyer's Agent
John Molnar
Coldwell Banker James C Otton Real Estate
List Price
$1,375,000
Sold Price
$1,225,000
Premium/Discount to List
-$150,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.34%

Purchase Details

Closed on
Jan 20, 1984
Bought by
Grey Michael J and Grey Kathryn A

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
Shapiro Mark D $2,818,000 None Available
Stulpin Anne G $1,225,000 --
Grey Michael J $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grey Michael J $75,000
Previous Owner Grey Michael J $500,000
Previous Owner Grey Michael J $1,150,000
Previous Owner Grey Michael J $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $2,818,000 -5.9% --
05/28/2020 05/28/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $2,995,000 +144.5% --
03/22/2018 03/22/18 Sold $1,225,000 -10.9% --
02/20/2018 02/20/18 Pending -- -- --
05/31/2017 05/31/17 For Sale $1,375,000 -- --
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 $16,569 $2,698,500 $876,000 $1,822,500
2023 $16,410 $2,694,600 $876,000 $1,818,600
2022 $15,305 $2,694,600 $876,000 $1,818,600
2021 $14,695 $2,698,500 $876,000 $1,822,500
2020 $4,608 $876,000 $876,000 $0
2019 $4,532 $888,700 $876,000 $12,700
2018 $4,337 $888,700 $876,000 $12,700
2017 $4,229 $760,600 $739,100 $21,500
2016 $4,183 $760,600 $739,100 $21,500
2015 $4,115 $760,600 $739,100 $21,500
2014 $4,069 $760,600 $739,100 $21,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200401

Cape May County Association of REALTORS®

APN: 01-00007-04-00065-02