Seller's Agent in 2021
Kimberly Elisano
FERGUSON-DECHERT, INC
(609) 377-4214
17 in this area
39 Total Sales
331 40th St Unit 331 Avalon, NJ 08202
Estimated Value: $1,750,000 - $2,150,000
4
Beds
2
Baths
1,600
Sq Ft
$1,213/Sq Ft
Est. Value
Highlights
- Property near a bay
- Cathedral Ceiling
- Skylights
- Avalon Elementary School Rated A
- Furnished
- 4-minute walk to 39th Street Park
About This Home
As of December 2021Seller is selling this property as part of a Tax Deferred Exchange. The Buyer will be asked to cooperate with the paperwork required to facilitate the Exchange, provided their cooperation results in no additional liability or expense to the Buyer.
Last Buyer's Agent
Matthew Brunner
FERGUSON-DECHERT, INC
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,619
Year Built
- Built in 1987
Lot Details
- 5,489
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Furnished
- Cathedral Ceiling
- Skylights
- Blinds
- Living Room
- Dining Area
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Stone Driveway
Outdoor Features
- Outdoor Shower
- Property near a bay
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 75 / 39.05
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2021
Closed on
Dec 17, 2021
Sold by
Lieber Robert T and Lieber Eileen B
Bought by
Kelly Matthew C and Kelly Julie G
Seller's Agent
Kimberly Elisano
FERGUSON-DECHERT, INC
Buyer's Agent
Matthew Brunner
FERGUSON-DECHERT, INC
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
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
$640,645
Avg. Annual Appreciation
10.59%
Original Mortgage
$1,040,000
Outstanding Balance
$954,850
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$985,795
Purchase Details
Listed on
Aug 9, 2021
Closed on
Nov 5, 2021
Sold by
331-333 40Th Street Condominium
Bought by
331-333 40Th Street Condominium Association
Seller's Agent
Kimberly Elisano
FERGUSON-DECHERT, INC
Buyer's Agent
Matthew Brunner
FERGUSON-DECHERT, INC
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$954,850
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$985,795
Purchase Details
Closed on
Jan 20, 2006
Sold by
Borel Edward and Borel Edith
Bought by
Lieber Robert T and Lieber Eileen B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,750
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 6, 2005
Sold by
Borel Edward and Borel Edith
Bought by
Borel Edward and Borel Edith
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 |
|---|---|---|---|
| Kelly Matthew C | $1,300,000 | None Available | |
| 331-333 40Th Street Condominium Association | -- | Gilman Cory J | |
| Lieber Robert T | $722,500 | None Available | |
| Borel Edward | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kelly Matthew C | $1,040,000 | |
| Previous Owner | Lieber Robert T | $505,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $1,300,000 | -10.3% | $813 / Sq Ft |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- |
| 08/09/2021 08/09/21 | For Sale | $1,450,000 | -- | $906 / Sq Ft |
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 | $4,224 | $688,000 | $500,000 | $188,000 |
| 2024 | $4,224 | $688,000 | $500,000 | $188,000 |
| 2023 | $4,190 | $688,000 | $500,000 | $188,000 |
| 2022 | $3,908 | $688,000 | $500,000 | $188,000 |
| 2021 | $3,763 | $688,000 | $500,000 | $188,000 |
| 2020 | $3,619 | $688,000 | $500,000 | $188,000 |
| 2019 | $3,509 | $688,000 | $500,000 | $188,000 |
| 2018 | $3,357 | $688,000 | $500,000 | $188,000 |
| 2017 | $3,474 | $624,800 | $450,000 | $174,800 |
| 2016 | $3,436 | $624,800 | $450,000 | $174,800 |
| 2015 | $3,380 | $624,800 | $450,000 | $174,800 |
| 2014 | $3,343 | $624,800 | $450,000 | $174,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Elisano
-
Daniel Bowersock
Seller Co-Listing Agent in 2021
Daniel Bowersock
FERGUSON-DECHERT, INC
(609) 602-0912
101 in this area
127 Total Sales
-
M
Buyer's Agent in 2021
Matthew Brunner
FERGUSON-DECHERT, INC
Map
Source: Cape May County Association of REALTORS®
MLS Number: 212998
APN: 01-00039-05-00075-331
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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.
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