$3,775,000
SOLD MAY 5, 2022

3788 Ocean Dr Avalon, NJ 08202

4 Beds
3 Baths
2,298 Sq Ft
1.15 Acres

Recently Sold

$1,643 Per Sq Ft

11% Below List Price

104 Days on Market

Highlights

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

About This Home

As of November 2022

This home is located at 3788 Ocean Dr, Avalon, NJ 08202 and is currently priced at $3,775,000, approximately $1,642 per square foot. This property was built in 2008. 3788 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Paul Sudell

FERGUSON-DECHERT, INC Listed on: 10/13/2021

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,138

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 50x110
  • Property Fronts a Bay or Harbor

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 2,298 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 67 / 37.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,138

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View, Bulk Head
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Partial Furniture
  • Estimated Year Built: 2008
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 3788
  • Lot Size2: 50x110
  • Price per Sq Ft: 1642.73
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2298
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Outside Features: Deck, Dock, Bulkhead, Outside Shower, Boat Slips

Utilities

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

Lot Info

  • Lot Number: 67
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 11138.05
  • Tax Year: 2020

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
Jack Binder
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
$4,518,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,227
Avg. Annual Appreciation
6.40%

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
Jack Binder
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

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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 Type Sale Price Title Company
Deed $3,795,000 --
Deed $3,775,000 Seaboard Title
Deed -- None Available
Interfamily Deed Transfer -- Foundation Title Llc
Deed $1,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $940,000 New Conventional
Previous Owner $718,837 Unknown
Previous Owner $1,150,000 Purchase Money Mortgage
Previous Owner $718,837 Unknown
Previous Owner $1,413,100 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $718,837 Unknown
Previous Owner $1,600,000 Unknown
Previous Owner $1,200,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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 $13,001 $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: 213811

Cape May County Association of REALTORS®

APN: 01-00037-05-00067-02