Seller's Agent in 2016
Hugh Merkle
COMPASS RE - Avalon Dune
(609) 602-0300
17 in this area
96 Total Sales
323 40th St Unit 323 Avalon, NJ 08202
Estimated Value: $1,940,000 - $2,501,000
5
Beds
4
Baths
--
Sq Ft
2,744
Sq Ft Lot
Highlights
- Property near a bay
- Island Location
- Wood Flooring
- Avalon Elementary School Rated A
- Cathedral Ceiling
- 4-minute walk to 39th Street Park
About This Home
As of December 2016MOVE IN READY spectacular three story town home in Avalon! This spacious five bedroom, four full bath home offers three sun decks, is 2.5 blocks to the beach and one block to playground and tennis courts. Sold fully furnished- the 1st floor offers entry foyer and hallway with ceramic tile, two bedrooms, two full baths and laundry closet. 2nd floor has southern exposure sun deck, living room with cathedral ceilings, gas fireplace, hardwood flooring in living area, granite counter tops in the kitchen plus Center Island, dining area, full bath and bedroom with private deck. 3rd floor offers two bedrooms, full bath and deck. Two zoned heating and air conditioning - gas heat for 1st & 2nd floor, heat pump 3rd floor. ceiling fans in each bedroom and living room. Outside there is a beautifully landscaped yard, outside shower, storage closet and parking for 2 cars! This home was the owners personal vacation home. Come see what this part of Avalon has to offer!
Last Agent to Sell the Property
COMPASS RE - Avalon Dune License #8240140 Listed on: 09/23/2016
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,857
Year Built
- Built in 2006
Lot Details
- 2,744
Interior Spaces
- 3-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Drapes & Rods
- Blinds
- Living Room
- Dining Area
- Storage Room
Kitchen
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- 2 Parking Spaces
- Parking Pad
- Driveway
Outdoor Features
- Outdoor Shower
- Property near a bay
Location
- Island Location
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 73 / 39
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Community Deck or Porch
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2016
Closed on
Dec 13, 2016
Sold by
Gillis Matthew and Gillis Jenny W
Bought by
Schmauder Michael B and Schmauder Judith A
Seller's Agent
Hugh Merkle
COMPASS RE - Avalon Dune
List Price
$859,000
Sold Price
$827,500
Premium/Discount to List
-$31,500
-3.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,370,351
Avg. Annual Appreciation
11.48%
Original Mortgage
$286,375
Outstanding Balance
$231,599
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,966,252
Purchase Details
Closed on
Feb 27, 2009
Sold by
Jacobsen Michael C
Bought by
Gillis Matthew and Gillis Jenny W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schmauder Michael B | $827,500 | None Available | |
| Gillis Matthew | $722,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schmauder Michael B | $286,375 | |
| Previous Owner | Gillis Matthew | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2016 12/13/16 | Sold | $827,500 | -3.7% | -- |
| 11/13/2016 11/13/16 | Pending | -- | -- | -- |
| 09/23/2016 09/23/16 | For Sale | $859,000 | -- | -- |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $4,778 | $778,100 | $500,000 | $278,100 |
| 2024 | $4,778 | $778,100 | $500,000 | $278,100 |
| 2023 | $4,739 | $778,100 | $500,000 | $278,100 |
| 2022 | $4,420 | $778,100 | $500,000 | $278,100 |
| 2021 | $2,976 | $778,100 | $500,000 | $278,100 |
| 2020 | $4,093 | $778,100 | $500,000 | $278,100 |
| 2019 | $3,968 | $778,100 | $500,000 | $278,100 |
| 2018 | $3,797 | $778,100 | $500,000 | $278,100 |
| 2017 | $3,900 | $701,400 | $450,000 | $251,400 |
| 2016 | $3,858 | $701,400 | $450,000 | $251,400 |
| 2015 | $3,795 | $701,400 | $450,000 | $251,400 |
| 2014 | $3,752 | $701,400 | $450,000 | $251,400 |
Source: Public Records
Agents Affiliated with this Home
-
Hugh Merkle
Map
Source: Cape May County Association of REALTORS®
MLS Number: 172542
APN: 01-00039-05-00073-323
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
Nearby Homes
- 331 40th St Unit 331
- 321 40th St
- 333 40th St Unit 333
- 313 40th St
- 311 40th St
- 341 40th St
- 322 39th St
- 324 39th St
- 318 39th St
- 310 39th St
- 351 40th St Unit East
- 351 40th St
- 356 39th St
- 356 39th St
- 3956 Ocean Dr
- 3956 Ocean Dr Unit no
- 3954 Ocean Dr Unit A
- 3954 Ocean Dr Unit First Flr
- 301 40th St
- 358 39th St Unit aka/360 39th Street