381 41st St Unit 381 Avalon, NJ 08202
Estimated Value: $1,962,000 - $2,062,000
5
Beds
3
Baths
1,635
Sq Ft
$1,231/Sq Ft
Est. Value
Highlights
- Island Location
- Cathedral Ceiling
- Furnished
- Avalon Elementary School Rated A
- Wood Flooring
- Great Room
About This Home
As of September 2016Beautiful five bedroom, three bath townhome in absolutely pristine condition. The north side of street location allows a sun-filled vaulted great room with access to a southern exposed sundeck with retractable awning and natural gas for barbecue grill. The kitchen has maple cabinets, granite tops with center island, stone back splash, and all appliances are stainless steel. All common areas have oak floors. The vaulted living area has a gas fed fireplace, surround sound, window shutters and custom window treatments. The first floor has three bedrooms, bath and laundry. Second floor has one bedroom, hall bath and front and rear decks. The third floor has a true master bedroom with ensuite bath and private deck. The home is very tastefully furnished. Other features include an attached storage area, fenced in yard with landscaping and outside shower. The unit is "best in class" in its price range Inventory list to follow in associated documents. The unit is owner's second home, not a rental and has access to a fabulous beach at 40th Street.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,586
Year Built
- Built in 2005
Lot Details
- 2,744
Interior Spaces
- 1,635 Sq Ft Home
- 3-Story Property
- Furnished
- Cathedral Ceiling
- Fireplace
- Blinds
- Great Room
- Dining Area
Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Parking Pad
- Driveway
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
- Cable TV Available
Additional Features
- Outdoor Shower
- Fenced Yard
- Island Location
Community Details
- Community Deck or Porch
Listing and Financial Details
- Legal Lot and Block 85.381 / 40
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2016
Closed on
Sep 30, 2016
Sold by
Evans John D and Evans Lynn
Bought by
Sophocles Dean F and Sophocles Jody E
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$879,000
Sold Price
$845,000
Premium/Discount to List
-$34,000
-3.87%
Total Days on Market
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,167,779
Avg. Annual Appreciation
10.58%
Original Mortgage
$668,000
Outstanding Balance
$539,204
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,484,977
Purchase Details
Closed on
Apr 17, 2014
Sold by
Derrah William James and Derrah Pamela J
Bought by
Evans John D and Evans Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 20, 2006
Sold by
Ingelsby Thomas J and Ingelsby Rosemarie
Bought by
Derrah William James and Derrah Pamela J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 14, 2005
Sold by
Easton Richard S and Easton Megan M
Bought by
Ingelsby Thomas J and Ingelsby Rosemarie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Avalon, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sophocles Dean F | $845,000 | None Available | |
| Evans John D | $825,000 | Seaboard Title Agency | |
| Derrah William James | $1,125,000 | Shore Title Agency Inc | |
| Ingelsby Thomas J | $870,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sophocles Dean F | $668,000 | |
| Previous Owner | Evans John D | $618,750 | |
| Previous Owner | Derrah William James | $635,000 | |
| Previous Owner | Derrah William James | $625,000 | |
| Previous Owner | Ingelsby Thomas J | $550,000 | |
| Previous Owner | Easton Richard S | $665,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2016 09/30/16 | Sold | $845,000 | -3.9% | $517 / Sq Ft |
| 08/31/2016 08/31/16 | Pending | -- | -- | -- |
| 06/15/2016 06/15/16 | For Sale | $879,000 | -- | $538 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $4,502 | $733,200 | $500,000 | $233,200 |
| 2023 | $4,465 | $733,200 | $500,000 | $233,200 |
| 2022 | $4,165 | $733,200 | $500,000 | $233,200 |
| 2021 | $4,011 | $733,200 | $500,000 | $233,200 |
| 2020 | $3,857 | $733,200 | $500,000 | $233,200 |
| 2019 | $3,739 | $733,200 | $500,000 | $233,200 |
| 2018 | $3,578 | $733,200 | $500,000 | $233,200 |
| 2017 | $3,685 | $662,800 | $450,000 | $212,800 |
| 2016 | $3,645 | $662,800 | $450,000 | $212,800 |
| 2015 | $3,586 | $662,800 | $450,000 | $212,800 |
| 2014 | $3,546 | $662,800 | $450,000 | $212,800 |
Source: Public Records
Agents Affiliated with this Home
-
John A. (Jack) Binder
J
Seller's Agent in 2016
John A. (Jack) Binder
FERGUSON-DECHERT, INC
123 in this area
160 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 170816
APN: 01-00040-05-00085-381
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