NOT LISTED FOR SALE

2934 Ocean Dr Unit C2 Avalon, NJ 08202

Estimated Value: $2,020,000

5 Beds
3 Baths
-- Sq Ft
0.35 Acres

Last Sold November 13, 2018

Last sale price $1,100,000

Est. 84% increase in value since last sale

Current estimated payment $11,185/month

779 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Great Room
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Fireplace

About This Home

As of November 2018

Property is a rental, 24 hr notice needed during summer rental season.

Last Agent to Sell the Property

Craig Worton

COMPASS RE - Avalon Listed on: 05/18/2016

COMPASS RE - Avalon

Last Buyer's Agent

Craig Worton

COMPASS RE - Avalon Listed on: 05/18/2016

COMPASS RE - Avalon

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,672

Lot Details

  • 0.35

Parking

  • 1 Parking Space

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Outdoor Shower
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Legal Lot and Block 67-C-2 / 29.05

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,672

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Drapes, Curtains, Shades, Blinds, Partial Furniture
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: C-2
  • Second Address Number: 2934
  • Selling Agent1: 2232
  • Selling Office1: 61
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Great Room

Garage/Parking

  • Parking: 1 Car

Utilities

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

Condo/Co-op/Association

  • Unit: C-2
  • Common Area Features: Deck/Porch, Dock/Boat Slip, Cable TV, Outside Shower
  • Condo Fees: Shared Ins
  • Unit Features: Fireplace, Kitchen Center Island, Cathedral Ceiling
  • Unit Location: Water View

Lot Info

  • Lot Number: 67-C-2
  • Total Assessment: 865400
  • Zoning: R-2A

Tax Info

  • Taxes: 4671.54
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Nov 13, 2018
Sold by
Franzoni Marc A
Bought by
Senner William and Booth Tamera
Seller's Agent
Craig Worton
COMPASS RE - Avalon
Buyer's Agent
Craig Worton
COMPASS RE - Avalon
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%
Current Estimated Value
$2,020,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,000
Avg. Annual Appreciation
9.24%
Original Mortgage
$575,000
Outstanding Balance
$507,574
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,511,426

Purchase Details

Listed on
Apr 28, 2014
Closed on
Mar 19, 2015
Sold by
Yocum Leigh Ann
Bought by
Franzoni Marc A
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$879,000
Sold Price
$800,000
Premium/Discount to List
-$79,000
-8.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$552,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1994
Sold by
Young W Michael
Bought by
Montgomery John and Yacum Leigh Ann
Source: Public Records

Range of Values:

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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
Senner William $1,100,000 --
Franzoni Marc A $800,000 None Available
Montgomery John $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senner William $575,000
Previous Owner Franzoni Marc A $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $1,100,000 -15.3% --
10/14/2018 10/14/18 Pending -- -- --
05/18/2016 05/18/16 For Sale $1,299,000 +62.4% --
03/20/2015 03/20/15 Sold $800,000 -9.0% --
02/18/2015 02/18/15 Pending -- -- --
04/28/2014 04/28/14 For Sale $879,000 -- --
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 $5,694 $927,300 $675,000 $252,300
2024 $5,694 $927,300 $675,000 $252,300
2023 $5,647 $927,300 $675,000 $252,300
2022 $5,267 $927,300 $675,000 $252,300
2021 $4,729 $927,300 $675,000 $252,300
2020 $4,878 $927,300 $675,000 $252,300
2019 $4,729 $927,300 $675,000 $252,300
2018 $4,525 $927,300 $675,000 $252,300
2017 $4,812 $865,400 $640,000 $225,400
2016 $4,760 $865,400 $640,000 $225,400
2015 $4,672 $863,500 $640,000 $223,500
2014 $4,620 $863,500 $640,000 $223,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170340

Cape May County Association of REALTORS®

APN: 01-00029-05-00067-0000-C-2