NOT LISTED FOR SALE

295 55th St Avalon, NJ 08202

Estimated Value: $4,543,000 - $5,379,977

7 Beds
5 Baths
1,980 Sq Ft
$2,513/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $2,200,000 $1,111 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $27,486/month

43 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Wood Flooring

About This Home

As of August 2020

This home is located at 295 55th St, Avalon, NJ 08202 since 19 May 2020 and is currently estimated at $4,976,244, approximately $2,513 per square foot. 295 55th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Patrick McCusker

LONG & FOSTER REAL ESTATE, INC av Listed on: 05/19/2020

Last Buyer's Agent

Craig Soens

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,961

Lot Details

  • Lot Dimensions are 100x110
  • Fenced Yard
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Grill

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 54.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,961

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Drapes, Curtains, Shades, Rugs, Furniture
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 295
  • Lot Size2: 100x110
  • Selling Agent1: 195
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 7
  • Total Rooms: 12
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Grill, Fenced Yard, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 2 Car, Attached, Auto Door Opener, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 2437660

Tax Info

  • Taxes: 13961
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Aug 21, 2020
Sold by
Cape Rlest Dev Llc
Bought by
Terrapin Sunset Llc
Seller's Agent
Patrick McCusker
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Craig Soens
FERGUSON-DECHERT, INC
List Price
$2,279,000
Sold Price
$2,200,000
Premium/Discount to List
-$79,000
-3.47%
Current Estimated Value
$4,764,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,564,275
Avg. Annual Appreciation
15.95%
Original Mortgage
$1,540,000
Outstanding Balance
$1,371,784
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,218,411

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jan 15, 2020
Sold by
Haddad Virginia D
Bought by
Caep Real Est Developers
Seller's Agent
Marilyn O'Donoghue
COMPASS RE - AV Dune
Buyer's Agent
Patrick McCusker
LONG & FOSTER REAL ESTATE, INC av
List Price
$2,795,000
Sold Price
$1,800,000
Premium/Discount to List
-$995,000
-35.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.95%
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
Terrapin Sunset Llc $2,200,000 None Available
Caep Real Est Developers $1,800,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrapin Sunset Llc $500,000
Open Terrapin Sunset Llc $1,540,000
Previous Owner Haddad Virginia D $0
Previous Owner Haddad George R $1,860,000
Previous Owner Haddad George R $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $2,200,000 -3.5% $1,111 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $2,279,000 +26.6% $1,151 / Sq Ft
01/16/2020 01/16/20 Sold $1,800,000 -35.6% $403 / Sq Ft
01/11/2019 01/11/19 For Sale $2,795,000 -- $626 / 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 $16,809 $2,737,600 $1,488,300 $1,249,300
2024 $16,809 $2,737,600 $1,488,300 $1,249,300
2023 $16,672 $2,737,600 $1,488,300 $1,249,300
2022 $15,550 $2,737,600 $1,488,300 $1,249,300
2021 $14,975 $2,737,600 $1,488,300 $1,249,300
2020 $14,400 $2,737,600 $1,488,300 $1,249,300
2019 $13,962 $2,737,600 $1,488,300 $1,249,300
2018 $13,359 $2,737,600 $1,488,300 $1,249,300
2017 $13,409 $2,411,600 $1,266,600 $1,145,000
2016 $13,264 $2,411,600 $1,266,600 $1,145,000
2015 $13,047 $2,411,600 $1,266,600 $1,145,000
2014 $12,902 $2,411,600 $1,266,600 $1,145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201638

Cape May County Association of REALTORS®

APN: 01-00054-04-00001