NOT LISTED FOR SALE

3 24th St W Avalon, NJ 08202

Estimated Value: $3,789,000 - $5,439,000

5 Beds
4 Baths
3,049 Sq Ft
$1,391/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $2,200,000 $722 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $24,634/month

125 Days on Market

Highlights

  • Property is near a beach
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of January 2016

Sensational one of a kind, true New England style upside-down home located only one block to the beach and two blocks to town. Enjoy wonderful ocean views from inside the home as well as from the fabulous southern exposed sundeck with built-in Viking grill and exhaust hood. Renown New England architectural firm Pagliaro, Bartels, Sajda Archtects designed this masterpiece which was built by world class Brandywine Developers using only the most premium materials. The exterior is a combination of cedar shake, mahogany and custom stainless steel handrails, structural lighting and accents. The mature landscaped gardens with blue stone entry and rear paths are simply gorgeous. Enter the first floor through a beautiful mahogany door into a sun-filled family room with fireplace which is elegant in its simplicity. Three generous bedrooms with custom tiled, ensuite baths, exceptional laundry room with premium Whirlpool Duet appliances, cabinets, quartz tops and a convenient rear entry complete the first floor. The three story, custom, elliptical stair tower surrounded in glass is an architectural marvel. The second floor is simply a fabulous great room completely open with plenty of windows. The kitchen has beaded inset, custom cabinets, pantry, ultra-high-end appliances including Subzero refrigerator, Wolf six burner range and Miele dishwasher. The counter tops and backsplash are Imperial Danby and there are two sinks, a farm sink in the expansive center-island and a prep sink. The dining area is also oversized and has a 270 bottle Subzero wine refrigerator. The living area is designed around a unique fireplace and large, flat panel television. A beautiful powder room services the second floor. The great room flows unobstructed from front to back and opens both to the main southern exposed sun deck and to the rear exterior, mahogany staircase with custom, stainless steel handrails. The design is perfect for wonderful cross ventilated breezes. The third floor opens to an office/sitting room with custom barn doors. Enter the intimate and architecturally beautiful master bedroom through French doors. The sumptuous master bath has twin marble vanities, custom tiled steam shower and jetted tub. The entire third floor ceiling is planked, whitewashed and has interesting, custom made stainless steel cross beams. The third floor window wall offers a sensational ocean view. Special features include site finished oak floors throughout home, state-of-the-art lighting, distributed audio, impressive custom garage with attic storage, fabulous outside shower and ample off-street parking. The home is sold with beautiful premium furnishings and only a few exceptions. Home is owned by the original owners, has never been rented and is easy to show.

Last Listed By

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 08/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,700

Year Built

  • Built in 2006

Lot Details

  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 3,049 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Great Room
  • Dining Room
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck
  • Enclosed patio or porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,700

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Beach and Town
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2006
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Walk in Closet, Whirlpool
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 11
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3049
  • Other Rooms: Dining Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Library/Study, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Steel, Wood
  • Outside Features: Deck, Enclosed/Covered Patio, Fenced Yard, Cable TV, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 2
  • Lot Size: 52' x 110'
  • Sub Block: 02
  • Total Assessment: 1608200
  • Zoning: R-1C
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 8700.36
  • Assessor Parcel Number: 01000230002000020000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jan 28, 2016
Sold by
Carter Meredith L
Bought by
Digiacomo Jane M
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$2,295,000
Sold Price
$2,200,000
Premium/Discount to List
-$95,000
-4.14%
Total Days on Market
125
Current Estimated Value
$4,241,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,041,034
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Jul 30, 2010
Sold by
Carter Michael A and Carter Meredith L
Bought by
Carter Meredith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,450
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Carter Michael A
Bought by
Carter Michael A and Carter Meredith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 28, 2003
Sold by
Welsh Thomas J
Bought by
Carter Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.46%

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
Digiacomo Jane M $2,200,000 Seaboard Title
Carter Meredith L -- None Available
Carter Michael A -- --
Carter Michael A $915,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Digiacomo Jane M $1,500,000
Previous Owner Carter Michael A $948,450
Previous Owner Carter Michael A $1,400,000
Previous Owner Carter Michael A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $2,200,000 -4.1% $722 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $2,295,000 -- $753 / 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 $13,458 $2,191,900 $1,310,000 $881,900
2023 $13,349 $2,191,900 $1,310,000 $881,900
2022 $12,450 $2,191,900 $1,310,000 $881,900
2021 $11,990 $2,191,900 $1,310,000 $881,900
2020 $11,529 $2,191,900 $1,310,000 $881,900
2019 $11,179 $2,191,900 $1,310,000 $881,900
2018 $10,696 $2,191,900 $1,310,000 $881,900
2017 $8,942 $1,608,200 $1,009,000 $599,200
2016 $8,845 $1,608,200 $1,009,000 $599,200
2015 $8,700 $1,608,200 $1,009,000 $599,200
2014 $8,604 $1,608,200 $1,009,000 $599,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165806

Cape May County Association of REALTORS®

APN: 01-00023-02-00002