NOT LISTED FOR SALE

315 58th St Avalon, NJ 08202

Estimated Value: $6,886,000 - $9,191,758

6 Beds
6 Baths
5,000 Sq Ft
$1,566/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2022

Last sale price $9,700,000 $1,940 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $45,608 / mo

95 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • New Construction
  • Avalon Elementary School Rated A
  • Boat Slip
  • In Ground Pool

About This Home

As of July 2022

This home is located at 315 58th St, Avalon, NJ 08202 since 01 March 2022 and is currently estimated at $7,827,586, approximately $1,565 per square foot. This property was built in 2022. 315 58th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Nicholas Giuffre

COMPASS RE - Avalon Dune License #1757268 Listed on: 03/01/2022

Last Buyer's Agent

Craig Soens

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 170x60
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Sprinkler System

Home Design

  • Upside Down Style Home
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Screened Porch
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

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

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 01 / 57/05

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0.39 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View, Bulk Head
  • District Township: 01-Avalon Borough
  • Also Includes: Rugs, Furniture, Window Treatments
  • Estimated Year Built: 2022
  • Beach Proximity: 2 Blocks
  • New Construction: Yes
  • Lot Size2: 170x60
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Wine Cooler
  • Interior Amenities: Bar, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 11
  • Estimated Living Sq Ft: 5000
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Laundry/Utility Room, Library/Study, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Brick, Shingle, Wood
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Screened Porch, Fenced Yard, Dock, Bulkhead, Cable TV, Outside Shower, In Ground Pool, Whirpool/Spa, Boat Slips, Sprinkler System

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 01
  • Lot Size: 10000-20000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 99999999
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Jul 27, 2022
Sold by
Dandra Llc
Bought by
Vpaq Llc
Seller's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
Buyer's Agent
Craig Soens
FERGUSON-DECHERT, INC
List Price
$9,950,000
Sold Price
$9,700,000
Premium/Discount to List
-$250,000
-2.51%
Current Estimated Value
$7,827,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,872,414
Avg. Annual Appreciation
-5.54%
Original Mortgage
$6,000,000
Outstanding Balance
$5,737,667
Interest Rate
5.54%
Estimated Equity
$2,089,919

Purchase Details

Listed on
Oct 29, 2019
Closed on
Sep 14, 2020
Sold by
Joseph M Kenny Ft
Bought by
Dandra Llc
Seller's Agent
Hugh Merkle
COMPASS RE - Avalon Dune
Buyer's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
List Price
$3,495,000
Sold Price
$3,205,000
Premium/Discount to List
-$290,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.96%

Purchase Details

Closed on
Dec 5, 2019
Sold by
Joseh H Kenney Ft
Bought by
Joseh H Kenney Ft

Purchase Details

Closed on
Nov 28, 2016
Sold by
Kenney Joseph T and Kenney Mary C
Bought by
Kenney Joseph T and Kenney Mary C

Purchase Details

Closed on
Dec 11, 2015
Sold by
Kenney Joseph H and Kenney Jane A
Bought by
Kenney Joseph H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vpaq Llc -- Seaboard Title
Vpaq Llc -- Seaboard Title
Dandra Llc $3,205,000 None Available
Joseh H Kenney Ft -- None Available
Kenney Joseph T -- None Available
Kenney Joseph H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vpaq Llc $6,000,000
Closed Vpaq Llc $6,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2022 07/27/22 Sold $9,700,000 -2.5% $1,940 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $9,950,000 +210.5% $1,990 / Sq Ft
09/18/2020 09/18/20 Sold $3,205,000 -8.3% $1,022 / Sq Ft View Prior Sale
07/15/2020 07/15/20 Pending -- -- --
10/29/2019 10/29/19 For Sale $3,495,000 -- $1,114 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $52,716 $8,585,600 $2,250,000 $6,335,600
2024 $52,716 $8,585,600 $2,250,000 $6,335,600
2023 $52,089 $8,553,200 $2,250,000 $6,303,200
2022 $12,780 $2,250,000 $2,250,000 $0
2021 $12,330 $2,254,300 $2,250,000 $4,300
2020 $15,815 $3,006,600 $2,250,000 $756,600
2019 $15,334 $3,006,600 $2,250,000 $756,600
2018 $14,672 $3,006,600 $2,250,000 $756,600
2017 $16,256 $2,923,800 $2,225,000 $698,800
2016 $16,081 $2,923,800 $2,225,000 $698,800
2015 $15,818 $2,923,800 $2,225,000 $698,800
2014 $15,642 $2,923,800 $2,225,000 $698,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220529

Cape May County Association of REALTORS®

APN: 01-00057-05-00001-02

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