NOT LISTED FOR SALE

285 53rd St Avalon, NJ 08202

Estimated Value: $3,232,000 - $5,104,000

4 Beds
1 Bath
1,344 Sq Ft
$3,020/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $1,600,000 $1,190 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $23,677/month

16 Days on Market

Highlights

  • Water Views
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of December 2020

House is sold in As-is condition.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 10/08/2020

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC Listed on: 10/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,458

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 60' x 110'
  • Interior Lot

Parking

  • Stone Driveway

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 25 / 52.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,458

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1975
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 285
  • Lot Size2: 60' x 110'
  • Price per Sq Ft: 1190.48
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer
  • Interior Amenities: Cathedral Ceilings, Wall to Wall Carpet, Laminate Flooring
  • Total Bathrooms: 1.2
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1344
  • Other Rooms: Kitchen, Dining Area, Great Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Wood
  • Outside Features: Deck, Storage Building, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 25
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 5457.51
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Welsh Ws Llc
Bought by
Kessler Micheal B and Kessler Anna M
Current Estimated Value
$4,059,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$514,819
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$3,544,601

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 14, 2020
Sold by
William R Duffy Ret
Bought by
Ws Llc
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%

Purchase Details

Closed on
May 31, 2007
Sold by
Duffy Barbara L
Bought by
Duffy Barbara L and William R Duffy Revocable Trust

Purchase Details

Closed on
Apr 20, 1999
Sold by
Smith Harmon
Bought by
Duffy William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1997
Sold by
Dunnigan William B
Bought by
Smith Harmon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
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
Kessler Micheal B $3,595,000 Seaboard Title
Ws Llc $1,600,000 None Available
Duffy Barbara L -- None Available
Duffy William $402,000 --
Smith Harmon $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessler Micheal B $550,000
Previous Owner Duffy William $361,000
Previous Owner Smith Harmon $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $1,600,000 -5.6% $1,190 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $1,695,000 -- $1,261 / 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 $20,751 $3,379,600 $1,000,000 $2,379,600
2024 $20,751 $3,379,600 $1,000,000 $2,379,600
2023 $20,582 $3,379,600 $1,000,000 $2,379,600
2022 $5,680 $1,000,000 $1,000,000 $0
2021 $5,470 $1,000,000 $1,000,000 $0
2020 $5,629 $1,070,100 $1,000,000 $70,100
2019 $5,458 $1,070,100 $1,000,000 $70,100
2018 $5,222 $1,070,100 $1,000,000 $70,100
2017 $5,109 $918,900 $800,000 $118,900
2016 $5,054 $918,900 $800,000 $118,900
2015 $4,971 $918,900 $800,000 $118,900
2014 $4,916 $918,900 $800,000 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203941

Cape May County Association of REALTORS®

APN: 01-00052-04-00025