NOT LISTED FOR SALE

376 40th St Unit East Avalon, NJ 08202

Estimated Value: $1,357,000 - $1,736,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold February 18, 2015

Last sale price $613,500

Est. 158% increase in value since last sale

Current estimated payment $9,221/month

226 Days on Market

Highlights

  • Property near a bay
  • Cathedral Ceiling
  • Living Room
  • Avalon Elementary School Rated A
  • Furnished
  • Laundry Room

About This Home

As of February 2015

This attractively priced townhome is located within 3 blocks of a great beach, just a block away from tennis and basketball courts and only a short walk to town. This upside down style home, with 4 bedrooms and two baths, offers an open living room, dining and kitchen area. There are 2 sundecks in addition to a covered porch for your enjoyment. There is also off-street parking. This townhome has an excellent rental history and would make an excellent investment for the first-time buyer.

Last Listed By

Peggy L. Anderson

LONG & FOSTER REAL ESTATE, INC av Listed on: 06/07/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,054

Year Built

  • 1988

Lot Details

  • 6,534

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Utilities

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

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Legal Lot and Block 82 / 40

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,054

Year Built

1988

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • District Township: 01-Avalon Borough
  • Near: town, beach recreation
  • Also Includes: Blinds, Furniture
  • Bay Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built (Public Record): 1988

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Parking Pad, 1 Car, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: East
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Cable TV, Outside Shower
  • Condo Fees: Shared
  • Unit Features: Wall To Wall Carpet, Cathedral Ceiling

Lot Info

  • Lot Number: 82
  • Total Assessment: 580600
  • Zoning: R-2A

Tax Info

  • Taxes: 3053.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2014
Closed on
Feb 18, 2015
Sold by
Griffin Richard and Anne Griffin G
Bought by
Snyder Thomas and Snyder Catherine J
Seller's Agent
Peggy L. Anderson
LONG & FOSTER REAL ESTATE, INC av
List Price
$725,000
Sold Price
$613,500
Premium/Discount to List
-$111,500
-15.38%
Total Days on Market
226
Current Estimated Value
$1,584,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$970,641
Avg. Annual Appreciation
9.65%
Original Mortgage
$220,000
Outstanding Balance
$169,479
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,414,662

Purchase Details

Closed on
Sep 11, 1992
Sold by
Griffin Gary R and Griffin Louise V
Bought by
Griffin Richard and Griffin Anne G

Purchase Details

Closed on
Apr 26, 1991
Sold by
Rich Adele M and Rich Alfred R
Bought by
Griffin Gary R and Et Als Louise

Purchase Details

Closed on
Apr 12, 1990
Sold by
Rich Adele M
Bought by
Rich Adele M and Rich Alfred R
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 Buyer Sale Price Title Company
Snyder Thomas $613,500 Seaboard Title Agency
Griffin Richard $161,500 --
Griffin Richard $161,500 --
Griffin Gary R $161,500 --
Rich Adele M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder Thomas $220,000
Previous Owner Griffin Richard $75,000
Previous Owner Griffin Richard $185,095
Previous Owner Griffin Richard $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2015 02/18/15 Sold $613,500 -15.4% --
01/19/2015 01/19/15 Pending -- -- --
06/07/2014 06/07/14 For Sale $725,000 -- --
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
2024 $3,951 $643,500 $500,000 $143,500
2023 $3,919 $643,500 $500,000 $143,500
2022 $3,655 $643,500 $500,000 $143,500
2021 $3,282 $643,500 $500,000 $143,500
2020 $3,385 $643,500 $500,000 $143,500
2019 $3,282 $643,500 $500,000 $143,500
2018 $3,140 $643,500 $500,000 $143,500
2017 $3,228 $580,600 $450,000 $130,600
2016 $3,193 $580,600 $450,000 $130,600
2015 $3,141 $580,600 $450,000 $130,600
2014 $3,106 $580,600 $450,000 $130,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Peggy L. Anderson

    LONG & FOSTER REAL ESTATE, INC av

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 158371

Cape May County Association of REALTORS®

APN: 01-00040-05-00082-01-C-E

New Jersey Cape May County Avalon 08202

376 40th St Unit East, Avalon, NJ

This home is located at 376 40th St Unit East, Avalon, NJ 08202 since 07 June 2014 and is currently estimated at $1,584,141. This property was built in 1988. 376 40th St Unit East is a home located in Cape May County with nearby schools including Avalon Elementary School.

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