NOT LISTED FOR SALE

2989 First Ave Avalon, NJ 08202

Estimated Value: $2,744,000 - $3,756,000

-- Bed
-- Bath
-- Sq Ft
6,621 Sq Ft Lot

Last Sold August 14, 2015

Last sale price $1,025,000

Est. 230% increase in value since last sale

Current estimated payment $18,759/month

231 Days on Market

Highlights

  • Property is near a beach
  • Deck
  • Corner Lot
  • Avalon Elementary School Rated A
  • Sun or Florida Room
  • 2-minute walk to Surfside Park

About This Home

As of August 2015

Non-conforming duplex on a great corner lot close to the beach and business district. First floor has open living, dining and kitchen area; large bedroom; handicap accessible bath; Florida room; and porch. Second floor has open living room/sitting area, kitchen and bath; bedroom; deck with awning.

Last Agent to Sell the Property

Sandra T. Struble

LONG & FOSTER REAL ESTATE, INC av License #8035620 Listed on: 11/26/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 1962

Lot Details

  • Fenced Yard
  • Corner Lot
  • Interior Lot

Home Design

  • Duplex

Interior Spaces

  • Partially Furnished
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Outdoor Storage

Utilities

  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 17 / 29

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,139

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Corner, Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Beach & Town
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1962
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Florida Room

Exterior Features

  • Outside Features: Deck, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking: Parking Pad, 2 Car

Utilities

  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 17
  • Lot Size: 60 X 110
  • Total Assessment: 960600
  • Lot Size Range: 6001 to 10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 5139.21
  • Assessor Parcel Number: 01000290002000170000

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2019
Sold by
Baranowsky Michael and Donatelli Julia
Bought by
Donatelli Julia
Current Estimated Value
$3,382,311

Purchase Details

Listed on
Nov 26, 2014
Closed on
Aug 12, 2015
Sold by
Estate Of Edythe Georgeann Van Tilburg and Vantilburg Charles G
Bought by
Baranowsky Michael and Donatelli Julia
Seller's Agent
Sandra T. Struble
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,275,000
Sold Price
$1,025,000
Premium/Discount to List
-$250,000
-19.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Original Mortgage
$820,000
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Donatelli Julia -- --
Baranowsky Michael $1,025,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baranowsky Michael $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $1,025,000 -19.6% --
07/15/2015 07/15/15 Pending -- -- --
11/26/2014 11/26/14 For Sale $1,275,000 -- --
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 $9,921 $1,615,800 $1,250,000 $365,800
2024 $9,921 $1,615,800 $1,250,000 $365,800
2023 $9,840 $1,615,800 $1,250,000 $365,800
2022 $9,178 $1,615,800 $1,250,000 $365,800
2021 $8,838 $1,615,800 $1,250,000 $365,800
2020 $8,499 $1,615,800 $1,250,000 $365,800
2019 $8,241 $1,615,800 $1,250,000 $365,800
2018 $7,885 $1,615,800 $1,250,000 $365,800
2017 $6,959 $1,251,700 $945,000 $306,700
2016 $5,644 $1,026,100 $945,000 $81,100
2015 $5,197 $960,600 $945,000 $15,600
2014 $5,139 $960,600 $945,000 $15,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161234

Cape May County Association of REALTORS®

APN: 01-00029-02-00017