NOT LISTED FOR SALE

Estimated Value: $7,014,000 - $10,797,042

4 Beds
3 Baths
1,872 Sq Ft
$4,708/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2020

Last sale price $3,800,000 $2,030 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $51,950 / mo

24 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Home fronts navigable water
  • Bay View
  • Avalon Elementary School Rated A
  • Water Access
  • Coastal Architecture

About This Home

As of May 2020

If you're looking for a great place to enjoy the next summer season or two before building your bay front dream house, don t miss this one! Located on the west side of Tarpon Lagoon with immediate access to Long Reach, this comfortable upside-down home features hardwood throughout and offers a first floor with three ample bedrooms and two full baths as well as a family room with adjacent wet bar and generous views of the water and salt meadows. The rear sundeck overlooks a beautiful grass yard and provides access to a screened-in porch for inclement weather days. The second floor featured a generous living area with a beautiful masonry fireplace and access to a spacious wrap-around deck where the view proliferates, a dining area adjoining a galley kitchen with wood cabinetry and a cozy master suite with direct deck access. The property is fenced along the bulkhead, features beautiful natural landscaping complemented by a full irrigation system and provides off-street parking for at least two cars plus a detached garage for parking or storage. Marine facilities include a newer bulkhead, two boat slips; one with a lift; and lots of floating docks for transient mooring. There s nothing more you need for casual living on the water!

Last Agent to Sell the Property

Marilyn O'Donoghue

(609) 322-7390 chris.hill@compass.com Compass New Jersey, LLC - Ocean City License #789718 Listed on: 03/23/2020

Compass New Jersey, LLC - Ocean City

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,388

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 68.00 x 155.00
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Sprinkler System
  • Property is zoned R-1B

Home Design

  • Coastal Architecture
  • Shingle Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Galley Kitchen
  • Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom faces the bay

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Water Access
  • Property near a bay

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 01-00086-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,388

Year Built

Built in 1977

Lot Details

10,542 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1977
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Stove, Washer
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Galley, Primary Bedroom - Bay Front, Sprinkler System, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1872
  • Living Area Sq Ft: 1872
  • Price Per Sq Ft: 2243.59
  • Above Grade Finished Sq Ft: 1872
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 49600.00
  • Land Assessed Value: 2575500.00
  • Lot Dimensions: 68.00 x 155.00
  • Zoning: R-1B

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 3747052
  • Tax Annual Amount: 13388.00
  • Assessor Parcel Number: 01-00086-00007
  • Tax Lot: 00007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: AVALON PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 20, 2020
Sold by
Bought by
Seller's Agent
Marilyn O'Donoghue
Compass New Jersey, LLC - Ocean City
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$4,200,000
Sold Price
$3,800,000
Premium/Discount to List
-$400,000
-9.52%
Current Estimated Value
$8,814,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,014,014
Avg. Annual Appreciation
14.53%
Original Mortgage
$2,500,000
Outstanding Balance
$2,171,153
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,642,861

Purchase Details

Closed on
Jul 7, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 1992
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 1991
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,800,000 None Available
$2,500,000 None Available
-- None Available
$650,000 --
$1,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $3,800,000 -9.5% $2,030 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $4,200,000 -- $2,244 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $40,941 $6,667,900 $2,575,500 $4,092,400
2025 $40,941 $6,667,900 $2,575,500 $4,092,400
2024 $40,941 $6,667,900 $2,575,500 $4,092,400
2023 $40,608 $6,667,900 $2,575,500 $4,092,400
2022 $14,629 $2,575,500 $2,575,500 $0
2021 $10,041 $2,625,100 $2,575,500 $49,600
2020 $13,808 $2,625,100 $2,575,500 $49,600
2019 $13,388 $2,625,100 $2,575,500 $49,600
2018 $12,810 $2,625,100 $2,575,500 $49,600
2017 $11,655 $2,096,300 $2,012,500 $83,800
2016 $11,530 $2,096,300 $2,012,500 $83,800
2015 $11,341 $2,096,300 $2,012,500 $83,800
2014 $11,215 $2,096,300 $2,012,500 $83,800
Source: Public Records

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Map

Source: Bright MLS

MLS Number: NJCM104060

Bright MLS

APN: 01-00086-0000-00007

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