NOT LISTED FOR SALE

286 16th St Unit 6 Avalon, NJ 08202

Estimated Value: $1,056,000 - $1,207,000

3 Beds
2 Baths
1,144 Sq Ft
$250/mo HOA Fee

Last Sold February 25, 2020

Last sale price $599,000 $524 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,393/month

7 Days on Market

Highlights

  • Property near a bay
  • Island Location
  • Corner Lot
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of February 2020

This home is located at 286 16th St Unit 6, Avalon, NJ 08202 since 21 January 2020 and is currently estimated at $1,117,359, approximately $976 per square foot. This property was built in 1984. 286 16th St Unit 6 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Mary Snyder, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 01/21/2020

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,413

Year Built

  • Built in 1984

Lot Details

  • 7,841

HOA Fees

  • $250 Monthly HOA Fees

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Interior Lot
  • Island Location

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 65.02-C-6 / 16.04

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,413

Year Built

Built in 1984

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Beach and Town
  • Also Includes: Curtains, Blinds, Rugs, Furniture
  • Estimated Year Built: 1984
  • Bay Proximity: 1 Block
  • New Construction: No
  • OFFICELIST_ADDRESS2: Unit 6
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1984

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1144
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Concrete Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Electric, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 750 Qtr
  • Unit Features: Fireplace, Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Top Floor

Lot Info

  • Lot Number: 65.02-C-6
  • Zoning: res

Tax Info

  • Taxes: 2412.81
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 25, 2020
Sold by
Montagna Joseph and Montagna Elizabeth
Bought by
Lynch Richard G and Lynch Marie T
Seller's Agent
Mary Snyder, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$1,117,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,359
Avg. Annual Appreciation
11.45%
Original Mortgage
$419,300
Outstanding Balance
$372,051
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$745,308

Purchase Details

Closed on
Nov 16, 1998
Sold by
J N & J S Assoc Inc
Bought by
Montagna Joseph and Montagna Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
6.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lynch Richard G $599,000 Misc Company
Montagna Joseph $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Richard G $419,300
Previous Owner Montagna Joseph $129,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $599,000 0.0% $524 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $599,000 -- $524 / 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 $2,905 $473,100 $312,000 $161,100
2024 $2,905 $473,100 $312,000 $161,100
2023 $2,881 $473,100 $312,000 $161,100
2022 $2,687 $473,100 $312,000 $161,100
2021 $2,413 $473,100 $312,000 $161,100
2020 $2,489 $473,100 $312,000 $161,100
2019 $2,413 $473,100 $312,000 $161,100
2018 $2,309 $473,100 $312,000 $161,100
2017 $2,168 $390,000 $244,700 $145,300
2016 $2,145 $390,000 $244,700 $145,300
2015 $2,110 $390,000 $244,700 $145,300
2014 $2,087 $390,000 $244,700 $145,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mary Snyder, CRS,GRI,RSPS

    FERGUSON-DECHERT, INC

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 200284

Cape May County Association of REALTORS®

APN: 01-00016-04-00065-02-C-6

New Jersey Cape May County Avalon 08202

286 16th St Unit 6, Avalon, NJ

Not Listed for Sale

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