NOT LISTED FOR SALE

3778 First Ave Avalon, NJ 08202

Estimated Value: $4,159,000 - $4,699,000

6 Beds
7 Baths
3,823 Sq Ft
$1,153/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $2,375,000 $621 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $24,380/month

90 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Contemporary Architecture
  • Avalon Elementary School Rated A
  • Deck
  • 4-minute walk to 39th Street Park

About This Home

As of January 2017

This home is located at 3778 First Ave, Avalon, NJ 08202 since 06 September 2016 and is currently estimated at $4,409,283, approximately $1,153 per square foot. This property was built in 1987. 3778 First Ave 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: 09/06/2016

Last Buyer's Agent

Craig Worton

COMPASS RE - Avalon Dune License #0121699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,664

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 60' x 110'
  • Corner Lot
  • Interior Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 3,823 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Storage
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Outdoor Grill
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 21 / 37.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,664

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Inside Lot, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 1987
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 60' X 110'
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1987

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Loft, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 7
  • Full Bathrooms: 7
  • Bedrooms: 6
  • Total Rooms: 11
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3823
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Loft, Great Room

Exterior Features

  • Construction: Contemporary, Three Story
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Grill, Cable TV, Sidewalks, Outside Shower

Garage/Parking

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

Utilities

  • Cooling: Central Air Condition, Electric, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 21
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 1575300

Tax Info

  • Taxes: 8664.15
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Dec 29, 2016
Sold by
Pappas Nicholas and Pappas Dorothy
Bought by
Abdelmalek Afif Y and Abdelmalek Mark
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Craig Worton
COMPASS RE - Avalon Dune
List Price
$2,695,000
Sold Price
$2,375,000
Premium/Discount to List
-$320,000
-11.87%
Current Estimated Value
$4,409,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,034,283
Avg. Annual Appreciation
7.19%
Original Mortgage
$1,500,000
Outstanding Balance
$1,199,326
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,209,957

Purchase Details

Closed on
Apr 9, 2009
Sold by
Pappas Dorothy
Bought by
Pappas Nicholas and Pappas Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abdelmalek Afif Y $2,375,000 None Available
Pappas Nicholas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdelmalek Afif Y $1,500,000
Previous Owner Pappas Nicholas $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2017 01/05/17 Sold $2,375,000 -11.9% $621 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $2,695,000 -- $705 / 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 $13,965 $2,274,500 $1,415,000 $859,500
2024 $13,965 $2,274,500 $1,415,000 $859,500
2023 $13,852 $2,274,500 $1,415,000 $859,500
2022 $12,919 $2,274,500 $1,415,000 $859,500
2021 $12,442 $2,274,500 $1,415,000 $859,500
2020 $11,964 $2,274,500 $1,415,000 $859,500
2019 $11,600 $2,274,500 $1,415,000 $859,500
2018 $10,911 $2,235,800 $1,415,000 $820,800
2017 $9,849 $1,771,400 $1,008,800 $762,600
2016 $8,664 $1,575,300 $1,008,800 $566,500
2015 $8,522 $1,575,300 $1,008,800 $566,500
2014 $8,428 $1,575,300 $1,008,800 $566,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robert J. Scully Jr

    FERGUSON-DECHERT, INC

  • Craig Worton

    Buyer's Agent in 2017

    Craig Worton

    COMPASS RE - Avalon Dune

    (609) 846-5595

    36 in this area

    50 Total Sales

    Craig Worton
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172178

Cape May County Association of REALTORS®

APN: 01-00037-03-00021

New Jersey Cape May County Avalon 08202

3778 First Ave, Avalon, NJ

Not Listed for Sale

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