NOT LISTED FOR SALE

3028 Avalon Ave Avalon, NJ 08202

Estimated Value: $3,749,000 - $5,146,000

5 Beds
2 Baths
2,304 Sq Ft
$1,977/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $1,500,000 $651 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $25,960/month

5 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 1-minute walk to Avalon Parks & Recreation Department

About This Home

As of September 2017

This home is located at 3028 Avalon Ave, Avalon, NJ 08202 since 31 March 2017 and is currently estimated at $4,555,798, approximately $1,977 per square foot. This property was built in 1970. 3028 Avalon Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Roger Soens

COMPASS RE - AV Dune Listed on: 03/31/2017

COMPASS RE - AV Dune

Last Buyer's Agent

Craig Worton

COMPASS RE - Avalon

COMPASS RE - Avalon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,903

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 60' x 110'
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Property is zoned R-1C

Parking

  • Driveway

Home Design

  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Window Treatments
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Island Location

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 30

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,903

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Corner, Island
  • District Township: 01-Avalon Borough
  • Near: Beach & Boardwalk
  • Also Includes: Window Treatments
  • Estimated Year Built: 1970
  • New Construction: No
  • Second Address Number: 3028
  • Lot Size2: 60' x 110'
  • Price per Sq Ft: 651.04
  • Selling Agent1: 2232
  • Selling Office1: 61
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2304
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story
  • Exterior: Block, Wood
  • House Color: gray
  • Outside Features: Deck, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric, Heat Pump
  • Hot Water: Electric
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 4
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 1073300
  • Zoning: R-1C

Tax Info

  • Taxes: 5903.15
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Sep 15, 2017
Sold by
Cumby William S and Cumby Robert
Bought by
Lawlor John M
Seller's Agent
Roger Soens
COMPASS RE - AV Dune
Buyer's Agent
Craig Worton
COMPASS RE - Avalon
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Current Estimated Value
$4,484,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,984,066
Avg. Annual Appreciation
15.10%
Original Mortgage
$1,125,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 12, 2010
Sold by
Cumby Jane A
Bought by
Cumby William S and Cumby Dorothy
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
Lawlor John M $150,000,000 None Available
Cumby William S -- None Available
Cumby William S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawlor John M $2,104,500
Closed Lawlor John M $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $1,500,000 -3.2% $651 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $1,550,000 -- $673 / 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 $18,334 $2,986,000 $1,350,000 $1,636,000
2024 $18,334 $2,986,000 $1,350,000 $1,636,000
2023 $18,185 $2,986,000 $1,350,000 $1,636,000
2022 $16,960 $2,986,000 $1,350,000 $1,636,000
2021 $16,333 $2,986,000 $1,350,000 $1,636,000
2020 $15,706 $2,986,000 $1,350,000 $1,636,000
2019 $6,885 $1,350,000 $1,350,000 $0
2018 $6,691 $1,371,100 $1,350,000 $21,100
2017 $5,968 $1,073,300 $1,045,000 $28,300
2016 $5,903 $1,073,300 $1,045,000 $28,300
2015 $5,807 $1,073,300 $1,045,000 $28,300
2014 $5,742 $1,073,300 $1,045,000 $28,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175470

Cape May County Association of REALTORS®

APN: 01-00030-02-00004