NOT LISTED FOR SALE

3448 Ocean Dr Avalon, NJ 08202

Estimated Value: $2,856,000 - $3,749,000

4 Beds
3 Baths
2,259 Sq Ft
$1,394/Sq Ft Est. Value

Last Sold April 01, 2018

Last sale price $1,455,000 $644 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $17,126/month

138 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

As of April 2018

Please see associated docs for additional information.

Last Agent to Sell the Property

Ryan Vince

Tim Kerr Sotheby's International Realty Listed on: 09/29/2017

Last Buyer's Agent

Sheila Erikson

LONG & FOSTER REAL ESTATE, INC av

LONG & FOSTER REAL ESTATE, INC av

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,363

Year Built

  • Built in 2000

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard

Interior Spaces

  • 2,259 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Shared Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 69.3448 / 34.05

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,363

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 2000
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 2000

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 2259
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Storage Space

Garage/Parking

  • Parking: Parking Pad, 2 Car, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Fenced Yard, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower, Laundry Room
  • Condo Fees: SHR INS
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 69.3448
  • Total Assessment: 1144600

Tax Info

  • Taxes: 6363
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Mar 20, 2018
Sold by
Mccaffrey Sharon and Mccaffrey Isidro Hermenegildo
Bought by
Funk Timothy P and Funk Nicole A
Seller's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
Buyer's Agent
Sheila Erikson
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,520,000
Sold Price
$1,455,000
Premium/Discount to List
-$65,000
-4.28%
Current Estimated Value
$3,148,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,693,248
Avg. Annual Appreciation
10.44%
Original Mortgage
$997,500
Outstanding Balance
$856,391
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,291,857

Purchase Details

Closed on
Aug 13, 2001
Sold by
Primo Richard R
Bought by
Isidro Hermenegildo A and Mccaffrey Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Funk Timothy P $1,455,000 --
Isidro Hermenegildo A $820,000 --
Isidro Hermenegildo A $820,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funk Timothy P $997,500
Previous Owner Isidro Hermenegildo A $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2018 04/01/18 Sold $1,455,000 -4.3% $644 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
09/29/2017 09/29/17 For Sale $1,520,000 -- $673 / 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 $7,962 $1,296,700 $975,000 $321,700
2024 $7,962 $1,296,700 $975,000 $321,700
2023 $7,897 $1,296,700 $975,000 $321,700
2022 $7,365 $1,296,700 $975,000 $321,700
2021 $7,093 $1,296,700 $975,000 $321,700
2020 $6,821 $1,296,700 $975,000 $321,700
2019 $6,613 $1,296,700 $975,000 $321,700
2018 $6,328 $1,296,700 $975,000 $321,700
2017 $6,364 $1,144,600 $850,000 $294,600
2016 $6,295 $1,144,600 $850,000 $294,600
2015 $6,192 $1,144,600 $850,000 $294,600
2014 $6,124 $1,144,600 $850,000 $294,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ryan Vince

    Tim Kerr Sotheby's International Realty

    (609) 605-6202

    36 in this area

    68 Total Sales

    Ryan Vince
    Section Image

  • S

    Buyer's Agent in 2018

    Sheila Erikson

    LONG & FOSTER REAL ESTATE, INC av

    (609) 967-3001

    11 in this area

    19 Total Sales

    Sheila Erikson
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 178641

Cape May County Association of REALTORS®

APN: 01-00034-05-00069-3448

New Jersey Cape May County Avalon 08202

3448 Ocean Dr, Avalon, NJ

Not Listed for Sale

Townhouses

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