NOT LISTED FOR SALE

34 29th St W Avalon, NJ 08202

Estimated Value: $2,483,000 - $3,302,000

4 Beds
3 Baths
2,400 Sq Ft
$1,202/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $999,000 $416 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $16,504/month

58 Days on Market

Highlights

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • 1-minute walk to Surfside Park

About This Home

As of December 2016

Single family home just steps to the beach in a great area of prestigious Avalon. This 4 bed, 3 bath home is an upside down with plenty of space for a large family. You will also find the lot size to be 50 x 110 for plenty of back yard fun, along with an attached Garage, Driveway, central Air, gas heat, and much more. This is a short sale and will require a third party approval. All inspections, certifications, and repairs are at the expense of the buyer. As a short sale the property is being sold strictly "as is". The home is owned by a NJ lice4nsed Real Estate Agent

Last Agent to Sell the Property

Michael Mavromates

LONG & FOSTER REAL ESTATE, INC av Listed on: 10/03/2016

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,725

Year Built

  • Built in 1995

Lot Details

  • Building is beachfront but unit may not have water views
  • Interior Lot

Home Design

  • Upside Down Style Home
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Storage
  • Wall to Wall Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Outdoor Grill

Location

  • Island Location

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 8 / 29

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,725

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Beach, Comm Ct.
  • Also Includes: Blinds
  • Estimated Year Built: 1995
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Smoke/Fire Alarm, Storage, Wall to Wall Carpet
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2400
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down
  • Exterior: Stucco, Vinyl
  • Frontage: 50
  • House Color: Tan
  • Outside Features: Deck, Grill, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 8
  • Lot Size: 50 X 110
  • Zoning: Res
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 6725.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 1, 2016
Sold by
Potts Daniel W and Potts Janice M
Bought by
Arakelian Nubar Niki and Arakelian Lydia
Seller's Agent
Michael Mavromates
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,000,000
Sold Price
$999,000
Premium/Discount to List
-$1,000
-0.1%
Current Estimated Value
$2,884,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,885,862
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Jun 16, 2004
Sold by
Bijou Paul E and Bijou Donnalee
Bought by
Potts Daniel W and Potts Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2002
Sold by
Poppleton Donald G
Bought by
Bijou Paul E and Bijou Donnalee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,500
Interest Rate
6.24%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Goldberg Herbert
Bought by
Poppleton Donald G and Poppleton Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,300
Interest Rate
8.21%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Marsh David
Bought by
Goldberg Herbert and Goldberg Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.85%

Purchase Details

Closed on
Feb 2, 1996
Sold by
Garcia Rudolfo
Bought by
Marsh David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Arakelian Nubar Niki $999,000 None Available
Potts Daniel W $1,250,000 --
Bijou Paul E $925,000 --
Poppleton Donald G $679,000 --
Goldberg Herbert $385,000 --
Marsh David A $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potts Janice M $1,470,000
Previous Owner Potts Daniel W $1,125,000
Previous Owner Bijou Paul E $647,500
Previous Owner Poppleton Donald G $475,300
Previous Owner Goldberg Herbert $450,000
Previous Owner Marsh David A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $999,000 -0.1% $416 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $1,000,000 -- $417 / Sq Ft
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
2025 $9,416 $1,533,500 $1,200,000 $333,500
2024 $9,416 $1,533,500 $1,200,000 $333,500
2023 $9,339 $1,533,500 $1,200,000 $333,500
2022 $8,710 $1,533,500 $1,200,000 $333,500
2021 $8,388 $1,533,500 $1,200,000 $333,500
2020 $8,066 $1,533,500 $1,200,000 $333,500
2019 $7,821 $1,533,500 $1,200,000 $333,500
2018 $7,483 $1,533,500 $1,200,000 $333,500
2017 $6,912 $1,243,100 $900,000 $343,100
2016 $6,837 $1,243,100 $900,000 $343,100
2015 $6,725 $1,243,100 $900,000 $343,100
2014 $6,651 $1,243,100 $900,000 $343,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172765

Cape May County Association of REALTORS®

APN: 01 00029- 02-00008- 01