NOT LISTED FOR SALE

3465 First Ave Avalon, NJ 08202

Estimated Value: $3,805,000 - $5,238,000

7 Beds
6 Baths
3,714 Sq Ft
$1,275/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $3,010,000 $810 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $27,664/month

45 Days on Market

Highlights

  • Water Views
  • Newly Remodeled
  • Property is near a beach
  • Avalon Elementary School Rated A
  • In Ground Pool
  • Building is beachfront but unit may not have water views

About This Home

As of May 2018

This home is located at 3465 First Ave, Avalon, NJ 08202 since 16 February 2018 and is currently estimated at $4,734,728, approximately $1,274 per square foot. This property was built in 2017. 3465 First Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

Craig Soens

FERGUSON-DECHERT, INC Listed on: 02/16/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50 x 110
  • Building is beachfront but unit may not have water views

Home Design

  • Wood Siding

Interior Spaces

  • 3,714 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Deck
  • Enclosed patio or porch

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 18 / 34.02

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Partial Furniture
  • Estimated Year Built: 2017
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Second Address Number: 3465
  • Lot Size2: 50 X 110
  • Price per Sq Ft: 810.45
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2017

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 7
  • Total Rooms: 18
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3714
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room, Great Room, Laundry Closet

Exterior Features

  • Construction: Three Story
  • Exterior: Wood
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 1 Car, Attached

Utilities

  • Cooling: Gas
  • Heating: Gas Natural, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 18
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 9999999

Tax Info

  • Taxes: 9999999
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 4, 2018
Sold by
Maginnis Anthony J and Maginnis Eillen M
Bought by
Gross Gary and Gorss Jeanne
Seller's Agent
Craig Soens
FERGUSON-DECHERT, INC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$3,149,000
Sold Price
$3,010,000
Premium/Discount to List
-$139,000
-4.41%
Total Days on Market
45
Current Estimated Value
$4,734,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,724,728
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
Nov 7, 2016
Closed on
Jan 13, 2017
Sold by
Mohr Stephen F and Mohr Carolyn N
Bought by
Maginnis Anthony J and Maginnis Eileen M
Seller's Agent
Barbara G. Roff
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Craig Soens
FERGUSON-DECHERT, INC
List Price
$1,499,000
Sold Price
$1,460,000
Premium/Discount to List
-$39,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.46%
Original Mortgage
$1,975,000
Interest Rate
4.12%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 24, 1997
Sold by
Shelley Eric Griffen
Bought by
Mohr Stephen F and Mohr Carolyn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.26%

Purchase Details

Closed on
Jul 18, 1991
Sold by
Grifo James H and Grifo Cynthia
Bought by
Griffin-Shelley Eric and Griffin-Shelley Helen

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
Gross Gary $3,010,000 --
Maginnis Anthony J $1,460,000 None Available
Mohr Stephen F $240,000 --
Griffin-Shelley Eric $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maginnis Anthony J $1,975,000
Previous Owner Mohr Stephen F $500,000
Previous Owner Mohr Stephen F $232,340
Previous Owner Mohr Stephen F $250,000
Previous Owner Mohr Stephen F $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $3,010,000 -4.4% $810 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $3,149,000 +115.7% $848 / Sq Ft
01/15/2017 01/15/17 Sold $1,460,000 -2.6% $393 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $1,499,000 -- $404 / 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
2024 $16,964 $2,762,900 $1,450,000 $1,312,900
2023 $16,826 $2,762,900 $1,450,000 $1,312,900
2022 $15,693 $2,762,900 $1,450,000 $1,312,900
2021 $15,113 $2,762,900 $1,450,000 $1,312,900
2020 $14,533 $2,762,900 $1,450,000 $1,312,900
2019 $14,091 $2,762,900 $1,450,000 $1,312,900
2018 $7,076 $1,450,000 $1,450,000 $0
2017 $7,889 $1,418,900 $1,400,000 $18,900
2016 $7,804 $1,418,900 $1,400,000 $18,900
2015 $7,676 $1,418,900 $1,400,000 $18,900
2014 $7,591 $1,418,900 $1,400,000 $18,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180418

Cape May County Association of REALTORS®

APN: 01-00034-02-00018