NOT LISTED FOR SALE

2848 First Ave Avalon, NJ 08202

Estimated Value: $3,562,654 - $3,993,000

5 Beds
4 Baths
-- Sq Ft
1.15 Acres

Last Sold January 13, 2017

Last sale price $1,675,000

Est. 128% increase in value since last sale

Current estimated payment $20,724/month

2 Days on Market

Highlights

  • Property is near a beach
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 2-minute walk to Surfside Park

About This Home

As of January 2017

This home is located at 2848 First Ave, Avalon, NJ 08202 since 08 November 2016 and is currently estimated at $3,813,664. 2848 First Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 11/08/2016

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,357

Lot Details

  • Lot Dimensions are 50x110
  • Interior Lot

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Porch

Location

  • Island Location

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 23 / 28.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,357

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Furniture, Window Treatments
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 50x110
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Security System
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 9
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Shingle, Vinyl
  • Frontage: 50
  • Outside Features: Deck, Porch, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 23
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1519500

Tax Info

  • Taxes: 8357.25
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Applegate Stanley M and Applegate Nancy J
Bought by
Living Trust and Applegate
Current Estimated Value
$3,813,664

Purchase Details

Listed on
Nov 8, 2016
Closed on
Jan 13, 2017
Sold by
Larney Robert and Larney Joan
Bought by
Applegate Stanley M and Applegate Nancy J
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$1,749,000
Sold Price
$1,675,000
Premium/Discount to List
-$74,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$1,000,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2004
Sold by
Sanchirico Developers Llc
Bought by
Larney Robert and Larney Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,100
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 30, 2003
Sold by
Holberg Maude E
Bought by
Sanchirico Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
6.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Living Trust -- None Listed On Document
Applegate Stanley M $1,675,000 None Available
Larney Robert $1,470,000 Landis Title Corporation
Sanchirico Developers Llc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Applegate Stanley M $1,000,000
Previous Owner Larney Robert $176,100
Previous Owner Sanchirico Developers Llc $815,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $1,675,000 -4.2% --
12/14/2016 12/14/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $1,749,000 -- --
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
2025 $11,035 $1,797,300 $900,000 $897,300
2024 $11,035 $1,797,300 $900,000 $897,300
2023 $10,946 $1,797,300 $900,000 $897,300
2022 $10,209 $1,797,300 $900,000 $897,300
2021 $9,831 $1,797,300 $900,000 $897,300
2020 $9,454 $1,797,300 $900,000 $897,300
2019 $9,166 $1,797,300 $900,000 $897,300
2018 $8,771 $1,797,300 $900,000 $897,300
2017 $8,448 $1,519,500 $700,000 $819,500
2016 $8,357 $1,519,500 $700,000 $819,500
2015 $8,221 $1,519,500 $700,000 $819,500
2014 $8,129 $1,519,500 $700,000 $819,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174003

Cape May County Association of REALTORS®

APN: 01-00028-03-00023