NOT LISTED FOR SALE

35 24th St E Avalon, NJ 08202

Estimated Value: $4,881,000 - $7,022,099

7 Beds
6 Baths
3,850 Sq Ft
$1,523/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $4,500,000 $1,169 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $34,365/month

62 Days on Market

Highlights

  • Water Views
  • New Construction
  • Building is beachfront but unit may not have water views
  • Avalon Elementary School Rated A
  • In Ground Pool
  • Island Location

About This Home

As of January 2020

This home is located at 35 24th St E, Avalon, NJ 08202 since 17 October 2019 and is currently estimated at $5,863,033, approximately $1,522 per square foot. This property was built in 2019. 35 24th St E is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 10/17/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 50' x 110'
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Sprinkler System

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 3,850 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Stone Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 23.01

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 2019
  • New Construction: Yes
  • Second Address Number: 35
  • Lot Size2: 50' x 110'
  • Price per Sq Ft: 1168.83
  • Selling Agent1: 183
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 7
  • Total Rooms: 18
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3850
  • Other Rooms: Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Outside Features: Deck, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 7
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 9999999
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Jan 30, 2020
Sold by
Winfield Developers Llc
Bought by
35 E 24 T
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$4,595,000
Sold Price
$4,500,000
Premium/Discount to List
-$95,000
-2.07%
Total Days on Market
62
Current Estimated Value
$5,863,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,363,033
Avg. Annual Appreciation
7.14%

Purchase Details

Listed on
Jul 28, 2018
Closed on
Sep 6, 2018
Sold by
Koelsch Robert R and Koelsch Barbara A
Bought by
Winfield Developers Llc
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$2,095,000
Sold Price
$2,050,000
Premium/Discount to List
-$45,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.35%
Original Mortgage
$2,465,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1978
Bought by
Koelsch Robert R and Koelsch Barbara A

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
35 E 24 T $4,500,000 Misc Company
Winfield Developers Llc $2,050,000 --
Koelsch Robert R $95,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winfield Developers Llc $2,465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $4,500,000 -2.1% $1,169 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $4,595,000 +124.1% $1,194 / Sq Ft
09/06/2018 09/06/18 Sold $2,050,000 -2.1% $1,583 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $2,095,000 -- $1,618 / 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 $22,314 $3,634,200 $1,700,000 $1,934,200
2023 $22,132 $3,634,200 $1,700,000 $1,934,200
2022 $20,642 $3,634,200 $1,700,000 $1,934,200
2021 $19,417 $3,634,200 $1,700,000 $1,934,200
2020 $19,116 $3,634,200 $1,700,000 $1,934,200
2019 $8,670 $1,700,000 $1,700,000 $0
2018 $8,346 $1,710,300 $1,700,000 $10,300
2017 $7,881 $1,417,400 $1,400,000 $17,400
2016 $7,796 $1,417,400 $1,400,000 $17,400
2015 $7,668 $1,417,400 $1,400,000 $17,400
2014 $7,583 $1,417,400 $1,400,000 $17,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 190137

Cape May County Association of REALTORS®

APN: 01-00023-01-00007