L
Seller's Agent in 2015
Leslie Rice, GRI ,RSPS
Tim Kerr Sotheby's International Realty
(609) 231-3297
5 in this area
10 Total Sales
35 Pelican Dr S Avalon, NJ 08202
Estimated Value: $7,324,589 - $8,293,000
5
Beds
3
Baths
2,592
Sq Ft
$2,995/Sq Ft
Est. Value
Highlights
- Docks
- Property Fronts a Bay or Harbor
- Living Room
- Avalon Elementary School Rated A
- Deck
- Laundry Room
About This Home
As of February 2015Enjoy the expansive views from this prime BAYFRONT property! Located on one of the largest basins on the island, DEEP WATER Bluefish lagoon offers better water! Wider lagoon vistas give you the privacy of distant lagoon neighbors while still providing the neighborhood feel of this much sought after "FINGERS" location. Recreational activities abound for boating, kayaking, swimming, or YOUR favorite water-based activity. This 60' x 155' WATERFRONT home with new VINYL BULKHEAD and recent renovations including air conditioning/heating units, carpeting, upgraded Baths with granite, marble, and new Kitchen with stainless steel Bosch appliances, granite, center island bar, new floors, and walk in pantry as well as comfortable great room with "big" bay views. The first floor also affords you convenience of first floor bedroom with custom built-ins, laundry room, and hall bath, dining room and living room. The second floor offers a sprawling master bedroom with new en-suite marble bath includes granite counters and glass shower. The second floor continues your comfortable bay front living with and additional three spacious bedrooms, and another full bath with tile floors and new shower. Bring your boats and water toys to enjoy family fun on the bay. Enjoy the spacious deck off of the 1st floor Great room with the widest lagoon water front vistas! Cool bay breezes from this bay location will keep you comfortable all summer long. Don't miss the BOAT.........You will be sorry!
Last Agent to Sell the Property
Tim Kerr Sotheby's International Realty Listed on: 03/19/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,739
Year Built
- Built in 1969
Lot Details
- Property Fronts a Bay or Harbor
- Property is zoned R1B
Home Design
- Wood Siding
Interior Spaces
- 2-Story Property
- Partially Furnished
- Gas Fireplace
- Drapes & Rods
- Living Room
- Dining Room
- Wall to Wall Carpet
- Water Views
- Crawl Space
- Storage In Attic
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Driveway
Outdoor Features
- Bulkhead
- Docks
- Deck
Utilities
- Central Air
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 50 / 85
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2014
Closed on
Feb 12, 2015
Sold by
Anderson Basil
Bought by
Mckernan William and Mckernan Cynthia
Seller's Agent
Leslie Rice, GRI ,RSPS
Tim Kerr Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$295,000
-11.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,562,196
Avg. Annual Appreciation
12.69%
Original Mortgage
$999,900
Outstanding Balance
$758,947
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,943,987
Purchase Details
Closed on
Jan 13, 2009
Sold by
Anderson Basil and Anderson Patricia L
Bought by
Anderson Basil
Purchase Details
Closed on
Jun 30, 2005
Sold by
Mullin Kevin and Mullin William B
Bought by
Anderson Basil and Anderson Patricia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.68%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 14, 2004
Sold by
Wallace Corabel G
Bought by
Mullin Kevin and Mullin William B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 6, 1991
Sold by
New Jersey Dep
Bought by
Wallace Henry M and Wallace Corabel G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mckernan William | $2,200,000 | Seaboard Title Agency | |
| Anderson Basil | -- | None Available | |
| Anderson Basil | $2,600,000 | -- | |
| Mullin Kevin | $1,850,000 | Penntitle | |
| Wallace Henry M | $11,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckernan William T | $417,000 | |
| Open | Mckernan William | $999,900 | |
| Previous Owner | Anderson Basil | $1,500,000 | |
| Previous Owner | Mullin Kevin | $1,480,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2015 02/12/15 | Sold | $2,200,000 | -11.8% | $849 / Sq Ft |
| 01/13/2015 01/13/15 | Pending | -- | -- | -- |
| 03/19/2014 03/19/14 | For Sale | $2,495,000 | -- | $963 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $29,036 | $4,729,000 | $2,400,000 | $2,329,000 |
| 2024 | $29,036 | $4,729,000 | $2,400,000 | $2,329,000 |
| 2023 | $14,616 | $2,400,000 | $2,400,000 | $0 |
| 2022 | $13,632 | $2,400,000 | $2,400,000 | $0 |
| 2021 | $12,971 | $2,543,300 | $2,400,000 | $143,300 |
| 2020 | $13,378 | $2,543,300 | $2,400,000 | $143,300 |
| 2019 | $12,971 | $2,543,300 | $2,400,000 | $143,300 |
| 2018 | $12,411 | $2,543,300 | $2,400,000 | $143,300 |
| 2017 | $10,932 | $1,966,100 | $1,650,000 | $316,100 |
| 2016 | $10,814 | $1,966,100 | $1,650,000 | $316,100 |
| 2015 | $10,637 | $1,913,400 | $1,650,000 | $263,400 |
| 2014 | $10,237 | $1,913,400 | $1,650,000 | $263,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Cape May County Association of REALTORS®
MLS Number: 156872
APN: 01-00085-0000-00050
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