NOT LISTED FOR SALE

295 48th St Avalon, NJ 08202

Estimated Value: $2,674,000 - $2,714,799

2 Beds
1 Bath
532 Sq Ft
$5,065/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $1,400,000 $2,632 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $15,638/month

631 Days on Market

Highlights

  • Island Location
  • Deck
  • Sun or Florida Room
  • Avalon Elementary School Rated A
  • Ranch Style House
  • Living Room

About This Home

As of June 2020

Realtors see associated docs for zoning.

Last Agent to Sell the Property

Kimberly Ritchie-leo

DILLER FISHER REALTORS License #0457493 Listed on: 08/23/2018

Co-Listed By

Robert Hafele

DILLER FISHER REALTORS

Last Buyer's Agent

John A. (Jack) Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,963

Year Built

  • 1935

Lot Details

  • 2.3

Home Design

  • Ranch Style House

Interior Spaces

  • Living Room
  • Dining Area
  • Sun or Florida Room

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Additional Features

  • Lot Dimensions are 100 x 110
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1 / 47.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,963

Year Built

1935

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 01-Avalon Borough
  • New Construction: No
  • Second Address Number: 295
  • Listing Office2: 25
  • Lot Size2: 100 x 110
  • Selling Agent1: 182
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Appliances Included: Range, Oven, Refrigerator
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Other Rooms: Living Room, Kitchen, Dining Area, Florida Room

Exterior Features

  • Construction: Ranch
  • Outside Features: Deck, Outside Shower

Utilities

  • Cooling: Window Air Conditioning
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 4963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Jun 22, 2020
Sold by
Watters Timothy J and Watters April S
Bought by
Hanlon John P
Seller's Agent
Kimberly Ritchie-leo
DILLER FISHER REALTORS
Buyer's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$2,100,000
Sold Price
$1,400,000
Premium/Discount to List
-$700,000
-33.33%
Total Days on Market
631
Current Estimated Value
$2,694,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,294,400
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Apr 11, 2005
Sold by
Watters David B
Bought by
Watters Timothy J and Watters April S
Source: Public Records

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Range of Values:

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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
Hanlon John P $1,400,000 None Available
Watters Timothy J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $1,400,000 -33.3% $2,632 / Sq Ft
08/23/2018 08/23/18 For Sale $2,100,000 -- $3,947 / 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 $6,856 $1,116,600 $1,116,600 $0
2023 $6,835 $1,122,300 $1,116,600 $5,700
2022 $6,375 $1,122,300 $1,116,600 $5,700
2021 $6,129 $1,122,300 $1,116,600 $5,700
2020 $5,903 $1,122,300 $1,116,600 $5,700
2019 $5,724 $1,122,300 $1,116,600 $5,700
2018 $5,477 $1,122,300 $1,116,600 $5,700
2017 $4,963 $892,700 $883,300 $9,400
2016 $4,910 $892,700 $883,300 $9,400
2015 $4,828 $892,500 $883,300 $9,200
2014 $4,775 $892,500 $883,300 $9,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 183592

Cape May County Association of REALTORS®

APN: 01-00047-04-00001