NOT LISTED FOR SALE

3788 Ocean Dr Avalon, NJ 08202

Estimated Value: $4,014,000 - $5,524,000

4 Beds
3 Baths
1,066 Sq Ft
$4,291/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $3,795,000 $3,560 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $24,646/month

57 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • 3-minute walk to 39th Street Park

About This Home

As of November 2022

Seller prefers to settle after Labor Day.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 06/22/2022

Last Buyer's Agent

Joseph Butler

A LEWIS PURDY REAL ESTATE INC License #0337270

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,583

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 50' x 110'
  • Property Fronts a Bay or Harbor
  • Sprinkler System
  • Property is zoned R-2A

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • 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

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Deck

Location

  • Island Location

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 67 / 37.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,583

Year Built

Built in 2008

Lot Details

1.15 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2008
  • New Construction: No
  • Lot Size2: 50' x 110'
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Fireplace- Gas, Wood Flooring, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Crawl Space
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Outside Features: Deck, Bulkhead, Cable TV, Sidewalks, Outside Shower, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 67
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2A

Tax Info

  • Taxes: 11582.73
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Nov 4, 2022
Sold by
Sermarini Erik and Sermarini Cathleen
Bought by
Gilfillan Robert and Gilfillan Kristi
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Joseph Butler
A LEWIS PURDY REAL ESTATE INC
List Price
$3,995,000
Sold Price
$3,795,000
Premium/Discount to List
-$200,000
-5.01%
Current Estimated Value
$4,573,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$778,888
Avg. Annual Appreciation
5.86%

Purchase Details

Listed on
Oct 13, 2021
Closed on
May 5, 2022
Sold by
Brennan Patricia
Bought by
Sermarini Erik and Sermarini Cathleen
Seller's Agent
Paul Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$4,249,000
Sold Price
$3,775,000
Premium/Discount to List
-$474,000
-11.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$940,000
Interest Rate
2.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2021
Sold by
Brennan Edward and Brennan Patricia
Bought by
Brennan Patricia

Purchase Details

Closed on
Mar 28, 2013
Sold by
Brennan Edward and Brennan Patricia
Bought by
Brennan Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,837
Interest Rate
3.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2005
Sold by
Scanlon James R and Scanlon Patricia A
Bought by
Brennan Edward and Brennan Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Gilfillan Robert $3,795,000 --
Gilfillan Robert $3,795,000 None Listed On Document
Sermarini Erik $3,775,000 Seaboard Title
Sermarini Erik $3,775,000 Seaboard Title
Brennan Patricia -- None Available
Brennan Edward -- Foundation Title Llc
Brennan Edward $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sermarini Erik $940,000
Previous Owner Brennan Edward $718,837
Previous Owner Brennan Edward $1,150,000
Previous Owner Brennan Edward $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $3,795,000 0.0% $3,560 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/13/2022 08/13/22 Price Changed $3,795,000 -5.0% $3,560 / Sq Ft
07/13/2022 07/13/22 For Sale $3,995,000 +5.8% $3,748 / Sq Ft
05/05/2022 05/05/22 Sold $3,775,000 -11.2% $1,643 / Sq Ft View Prior Sale
01/25/2022 01/25/22 Pending -- -- --
10/13/2021 10/13/21 For Sale $4,249,000 -- $1,849 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $13,001 $2,117,500 $1,450,000 $667,500
2024 $13,001 $2,117,500 $1,450,000 $667,500
2023 $12,896 $2,117,500 $1,450,000 $667,500
2022 $12,027 $2,117,500 $1,450,000 $667,500
2021 $11,583 $2,117,500 $1,450,000 $667,500
2020 $11,138 $2,117,500 $1,450,000 $667,500
2019 $10,799 $2,117,500 $1,450,000 $667,500
2018 $10,333 $2,117,500 $1,450,000 $667,500
2017 $11,440 $2,057,500 $1,450,000 $607,500
2016 $11,316 $2,057,500 $1,450,000 $607,500
2015 $11,131 $2,057,500 $1,450,000 $607,500
2014 $11,008 $2,057,500 $1,450,000 $607,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222219

Cape May County Association of REALTORS®

APN: 01-00037-05-00067-02

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