NOT LISTED FOR SALE

3559 First Ave Avalon, NJ 08202

Estimated Value: $3,940,292 - $4,851,000

7 Beds
4 Baths
-- Sq Ft
5,489 Sq Ft Lot

Last Sold March 31, 2016

Last sale price $2,075,000

Est. 115% increase in value since last sale

Current estimated payment $24,812/month

44 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Deck
  • Avalon Elementary School Rated A
  • Building is beachfront but unit may not have water views
  • Wood Flooring

About This Home

As of March 2016

Kick off your sandals and enjoy a truly gorgeous, unique 3 story, 7 bedroom, 4 bath, beach house that encapsulates the true essence of a causal yet contemporary feel. The inviting bright beach colors and serene décor make it easy to relax and enjoy all that it has to offer. Breath taking ocean views from multiple decks including a rooftop deck. Just steps to the beach path to some of the most scenic and widest beaches on the Island and the added ability to walk into town for dining, shopping and recreation for both young and old. There is plenty of room in this multiple level home for entertaining large families and numerous friends. Downstairs has a spacious foyer with a family room on one end a partial kitchen/laundry area on the other.There is also another w/d and full kitchen on 2nd fl. along with a great room, full bath and 2 bdrms which share a private balcony. The 3rd fl. consists of 2 bdrms that share a screened balcony and a master suite with a private deck. The sky lights make this home pop w/ natural light. This special location allows for the peacefulness of the south end but close enough to benefit from all that the north end has to offer.

Last Agent to Sell the Property

Craig Soens

FERGUSON-DECHERT, INC Listed on: 01/17/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,331

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced Yard

Parking

  • Parking Pad

Home Design

  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 3-Story Property
  • Furnished
  • Skylights
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 18 / 35.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,331

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, Window Treatments
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Kitchen Center Island, Skylight, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 7
  • Total Rooms: 15
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room, Great Room, Storage Attic

Exterior Features

  • Construction: Three Story
  • Exterior: Asphalt, Vinyl
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Grill, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 18
  • Lot Size: 50 X 110
  • Total Assessment: 2118100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 11331.08
  • Assessor Parcel Number: 01000350002000180000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Mar 31, 2016
Sold by
Mchugh Christopher K and Mchugh Gina M
Bought by
Jahnle Christopher and Jahnle Andrew M
Seller's Agent
Craig Soens
FERGUSON-DECHERT, INC
List Price
$2,195,000
Sold Price
$2,075,000
Premium/Discount to List
-$120,000
-5.47%
Current Estimated Value
$4,467,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,392,323
Avg. Annual Appreciation
8.25%
Original Mortgage
$1,556,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2004
Sold by
Partridge Glenn and Partridge Holly
Bought by
Mchugh Christopher K and Mchugh Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,491,750
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
Sold by
Petron Rodger C
Bought by
Partridge Glen A and Partridge Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.23%

Purchase Details

Closed on
Jul 18, 1995
Sold by
Matarazzo Francis
Bought by
Matarazzo Angelo and D'Ambrosio Julio
Source: Public Records

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
Jahnle Christopher $2,075,000 None Available
Jahnie Christopher $2,075,000 Attorney
Mchugh Christopher K $2,295,000 Seaboard Title Agency
Partridge Glen A $450,000 --
Matarazzo Angelo $12,000 --
Matarazzo Angelo $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchugh Christopher K $1,491,750
Previous Owner Partridge Glen A $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $2,075,000 -5.5% --
03/01/2016 03/01/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $2,195,000 -- --
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 $13,525 $2,202,800 $1,450,000 $752,800
2024 $13,525 $2,202,800 $1,450,000 $752,800
2023 $13,415 $2,202,800 $1,450,000 $752,800
2022 $12,512 $2,202,800 $1,450,000 $752,800
2021 $12,049 $2,202,800 $1,450,000 $752,800
2020 $11,587 $2,202,800 $1,450,000 $752,800
2019 $11,234 $2,202,800 $1,450,000 $752,800
2018 $10,750 $2,202,800 $1,450,000 $752,800
2017 $11,777 $2,118,100 $1,400,000 $718,100
2016 $11,650 $2,118,100 $1,400,000 $718,100
2015 $11,459 $2,118,100 $1,400,000 $718,100
2014 $11,332 $2,118,100 $1,400,000 $718,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168002

Cape May County Association of REALTORS®

APN: 01-00035-02-00018