NOT LISTED FOR SALE

285 38th St Avalon, NJ 08202

Estimated Value: $3,212,320 - $3,950,000

5 Beds
4 Baths
3,279 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $2,700,000 $823 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $20,297/month

61 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • 3-minute walk to 39th Street Park

About This Home

As of January 2023

This home is located at 285 38th St, Avalon, NJ 08202 since 21 October 2022 and is currently estimated at $3,543,580, approximately $1,080 per square foot. This property was built in 2005. 285 38th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Miriam Kauterman

AVALON/STONE HARBOR REAL ESTATE Listed on: 10/21/2022

Last Buyer's Agent

Brian Young

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,759

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 50' x 110'
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Property is zoned R-1C

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 3,279 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Water Views
  • Fire and Smoke Detector

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 63 / 37.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,759

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Estimated Year Built: 2005
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 285
  • Lot Size2: 50' x 110'
  • Price per Sq Ft: 823.42
  • Selling Agent1: 4912
  • Selling Office1: 391
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 4.2
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 8
  • Estimated Living Sq Ft: 3279
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Contemporary, Three Story
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Tan
  • Outside Features: Deck, Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 63
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-1C

Tax Info

  • Taxes: 7759
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 23, 2023
Sold by
Allen Paul J and Allen Regina Keller
Bought by
Shea-Ballay Kathleen and Ballay Robert
Seller's Agent
Miriam Kauterman
AVALON/STONE HARBOR REAL ESTATE
Buyer's Agent
Brian Young
BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson
List Price
$2,800,000
Sold Price
$2,700,000
Premium/Discount to List
-$100,000
-3.57%
Views
36
Current Estimated Value
$3,543,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$843,580
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Jul 19, 2017
Sold by
Allen Paul J and Allen Paul T
Bought by
Allen Paul J and Allen Regina Keller

Purchase Details

Closed on
Jun 30, 2012
Sold by
Sloan Jacqueline
Bought by
Allen Paul T

Purchase Details

Closed on
Jan 6, 2010
Sold by
Petrakis Jonathan M
Bought by
Allen Paul T and Sloan Jacqueline

Purchase Details

Closed on
Dec 29, 1998
Sold by
Odonoghue Clark
Bought by
Petrakis Jonathan and Fty Oliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.74%

Purchase Details

Closed on
Apr 17, 1998
Sold by
Neeson Peter J
Bought by
O'Donaghue O'Donaghue J and O'Donaghue Marilyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.11%

Purchase Details

Closed on
May 28, 1991
Sold by
Realty Exchange Services Inc
Bought by
Neeson Peter J and Neeson Marla D
Source: Public Records

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
Shea-Ballay Kathleen $2,700,000 Clear Skies Title Agency
Allen Paul J -- None Available
Allen Paul T -- None Available
Allen Paul T $1,425,000 Shore Title Agency Inc
Petrakis Jonathan $262,500 --
O'Donaghue O'Donaghue J $216,000 --
Neeson Peter J $190,000 --
Realty Exchange Services Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrakis Jonathan M $50,000
Previous Owner Petrakis Jonathan M $775,000
Previous Owner Petrakis Jonathon M $485,000
Previous Owner Petrakis Jonathan $236,250
Previous Owner O'Donaghue O'Donaghue J $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $2,700,000 -3.6% $823 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $2,800,000 -- $854 / 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 $8,721 $1,420,400 $607,500 $812,900
2023 $8,638 $1,418,400 $607,500 $810,900
2022 $8,057 $1,418,400 $607,500 $810,900
2021 $7,758 $1,418,400 $607,500 $810,900
2020 $7,461 $1,418,400 $607,500 $810,900
2019 $7,234 $1,418,400 $607,500 $810,900
2018 $6,922 $1,418,400 $607,500 $810,900
2017 $8,119 $1,460,300 $720,000 $740,300
2016 $8,032 $1,460,300 $720,000 $740,300
2015 $7,900 $1,460,300 $720,000 $740,300
2014 $7,813 $1,460,300 $720,000 $740,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223297

Cape May County Association of REALTORS®

APN: 01-00037-04-00063-02