NOT LISTED FOR SALE

325 7th St Avalon, NJ 08202

Estimated Value: $2,000,000 - $2,391,000

3 Beds
2 Baths
-- Sq Ft
1.15 Acres

Last Sold December 15, 2021

Last sale price $1,600,000

Est. 36% increase in value since last sale

Current estimated payment $12,686/month

14 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of December 2021

This home is located at 325 7th St, Avalon, NJ 08202 since 15 July 2021 and is currently estimated at $2,173,053. This property was built in 1979. 325 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

James Hudanich

FERGUSON-DECHERT, INC Listed on: 07/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,245

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 50' x 110'
  • Interior Lot

Home Design

  • Ranch Style House
  • Upside Down Style Home
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 9 / 6.10

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,245

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Inlet
  • Estimated Year Built: 1979
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 325
  • Lot Size2: 50' x 110'
  • Selling Agent1: 189
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Wall to Wall Carpet, Fireplace- Wood, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Slab
  • Other Rooms: Living Room, Dining Room, Kitchen, Dining Area, Storage Attic

Exterior Features

  • Construction: Ranch, Upside Down
  • Exterior: Wood
  • Frontage: 50
  • House Color: Blue
  • Outside Features: Deck, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Concrete Driveway, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 9
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: 10
  • Total Assessment: 976900
  • Zoning: Single

Tax Info

  • Taxes: 5245
  • Tax Year: 2019/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Jan 12, 2022
Sold by
Borough Of Avalon
Bought by
Pennsylvania Revocable Living Trust
Seller's Agent
James Hudanich
FERGUSON-DECHERT, INC
Buyer's Agent
James Hudanich
FERGUSON-DECHERT, INC
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Total Days on Market
14
Current Estimated Value
$2,173,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,053
Avg. Annual Appreciation
10.68%
Original Mortgage
$1,000,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2021
Closed on
Dec 15, 2021
Sold by
Palmeier Daniel M Sr Est
Bought by
Pennysvlavia Ret
Seller's Agent
James Hudanich
FERGUSON-DECHERT, INC
Buyer's Agent
James Hudanich
FERGUSON-DECHERT, INC
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1979
Bought by
Palmieri Daniel M and Mary Ellen

Range of Values:

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Average Value
Not Available
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
Pennsylvania Revocable Living Trust -- Curio Nicole J
Pennysvlavia Ret $1,600,000 None Available
Palmieri Daniel M $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sparango Benedict $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $1,600,000 -5.6% --
07/29/2021 07/29/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,695,000 -- --
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 $6,265 $1,020,300 $800,000 $220,300
2023 $9,120 $1,497,600 $800,000 $697,600
2022 $5,549 $976,900 $800,000 $176,900
2021 $5,338 $976,900 $800,000 $176,900
2020 $5,138 $976,900 $800,000 $176,900
2019 $4,982 $976,900 $800,000 $176,900
2018 $4,767 $976,900 $800,000 $176,900
2017 $4,685 $842,600 $675,000 $167,600
2016 $4,634 $842,600 $675,000 $167,600
2015 $4,558 $842,600 $675,000 $167,600
2014 $4,508 $842,600 $675,000 $167,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 212581

Cape May County Association of REALTORS®

APN: 01-00006-10-00009