NOT LISTED FOR SALE

3640 Ocean Dr Unit 3640 Ocean Avalon, NJ 08202

Estimated Value: $2,228,000 - $2,785,000

5 Beds
4 Baths
2,128 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $1,101,875 $518 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $13,888/month

148 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Spa
  • 4-minute walk to 39th Street Park

About This Home

As of November 2017

This home is located at 3640 Ocean Dr Unit 3640 Ocean, Avalon, NJ 08202 since 23 May 2017 and is currently estimated at $2,516,315, approximately $1,182 per square foot. This property was built in 1995. 3640 Ocean Dr Unit 3640 Ocean is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Robert J. Scully Jr

FERGUSON-DECHERT, INC Listed on: 05/23/2017

Last Buyer's Agent

Non-Member Non-Member

Non Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,104

Year Built

  • Built in 1995

Lot Details

  • 2,744

Interior Spaces

  • 2,128 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Pool

  • Spa
  • Outdoor Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Bulkhead
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Legal Lot and Block 69.01 C-N / 36.05

Community Details

Recreation

  • Boat Dock

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,104

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 1995
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Estimated Living Sq Ft: 2128
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room, Great Room

Garage/Parking

  • Parking: Auto Door Opener, Garage, 1 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Condo Fees: 50/50
  • Unit Features: Fireplace, Wall To Wall Carpet, Whirpool/Spa, Cathedral Ceiling, Foyer
  • Unit Location: Water View

Lot Info

  • Lot Number: 69.01 C-N
  • Total Assessment: 1097800

Tax Info

  • Taxes: 6103.77
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Nov 17, 2017
Sold by
Kochenour Kenneth K
Bought by
Bradley Christopher and Bradley Alice
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$1,225,000
Sold Price
$1,101,875
Premium/Discount to List
-$123,125
-10.05%
Current Estimated Value
$2,516,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,414,440
Avg. Annual Appreciation
10.86%
Original Mortgage
$350,000
Outstanding Balance
$293,978
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$2,222,337

Purchase Details

Closed on
Nov 30, 2000
Sold by
Scordo Pasquale
Bought by
Kochenour Kenneth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bradley Christopher $1,101,875 Dune Abstract Company Inc
Kochenour Kenneth K $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Christopher $350,000
Previous Owner Kochenour Kenneth K $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $1,101,875 -10.1% $518 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $1,225,000 -- $576 / 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
2025 $7,657 $1,247,000 $975,000 $272,000
2024 $7,657 $1,247,000 $975,000 $272,000
2023 $7,594 $1,247,000 $975,000 $272,000
2022 $7,083 $1,247,000 $975,000 $272,000
2021 $6,360 $1,247,000 $975,000 $272,000
2020 $6,559 $1,247,000 $975,000 $272,000
2019 $6,360 $1,247,000 $975,000 $272,000
2018 $6,085 $1,247,000 $975,000 $272,000
2017 $6,104 $1,097,800 $850,000 $247,800
2016 $6,038 $1,097,800 $850,000 $247,800
2015 $5,939 $1,097,800 $850,000 $247,800
2014 $5,873 $1,097,800 $850,000 $247,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176424

Cape May County Association of REALTORS®

APN: 01-00036-05-00069-01-C-N