$2,050,000
SOLD SEP 6, 2018

35 24th St E Avalon, NJ 08202

3 Beds
2 Baths
1,295 Sq Ft
1.15 Acres

Recently Sold

$1,583 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Ranch Style House
  • Dining Area
  • Avalon Elementary School Rated A
  • Baseboard Heating

About This Home

As of January 2020

This home is located at 35 24th St E, Avalon, NJ 08202 and is currently priced at $2,050,000, approximately $1,583 per square foot. This property was built in 1965. 35 24th St E is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 07/28/2018

Co-Listed By

Mary Helverson

FERGUSON-DECHERT, INC

Last Buyer's Agent

John A. (Jack) Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,880

Year Built

  • Built in 1965

Lot Details

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

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,295 Sq Ft Home
  • Dining Area
  • Crawl Space

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 23.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,880

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 01-Avalon Borough
  • Estimated Year Built: 1965
  • New Construction: No
  • Second Address Number: 35
  • Listing Office2: 29
  • Lot Size2: 50' x 110'
  • Price per Sq Ft: 1583.01
  • Selling Agent1: 182
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1295
  • Other Rooms: Kitchen, Dining Area

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Sidewalks

Utilities

  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

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

Tax Info

  • Taxes: 7880.24
  • Tax Year: 2018

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%
Current Estimated Value
$6,803,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,303,021
Avg. Annual Appreciation
6.83%

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,500,000 Misc Company
Deed $2,050,000 --
Deed $95,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,465,000 Purchase Money Mortgage
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: 183524

Cape May County Association of REALTORS®

APN: 01-00023-01-00007