NOT LISTED FOR SALE

3845 Ocean Dr Avalon, NJ 08202

Estimated Value: $2,256,000 - $3,458,000

4 Beds
2 Baths
2,642 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $975,000 $369 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $16,353/month

138 Days on Market

Highlights

  • Water Views
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 3-minute walk to 39th Street Park

About This Home

As of November 2015

Three story, upside down style home offering sensational back bay views and western exposure. Home is three blocks to the fabulous 38th Street beach, walking distance to town and one block to the best tennis courts on the island as well as a playground and basketball court. First floor offers three bedrooms, one bath, laundry area and two car attached garage. The unique second floor has a vaulted great room with fireplace, wet bar with ice maker, maple floors with access to an expansive composite deck offering beautiful water views. The main living area is sun filled as a result of the exposure and ample windows. The center of the home has a large kitchen with center island perfect for entertaining. There is a dining area and family room adjacent to the kitchen with direct access to the three additional decks. The third floor offers the master bedroom with two walk-in closets, private deck and master bath with great shower with steam. Property sold partially furnished per inventory list. The home is owner occupied and easy to show with appointment.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 06/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,212

Year Built

  • Built in 1990

Lot Details

  • Interior Lot
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,642 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • 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 64 / 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,212

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach, playgound
  • Also Includes: Blinds, Partial Furniture
  • Estimated Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Wall to Wall Carpet, Fireplace- Wood
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2642
  • Other Rooms: Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Outside Features: Deck, Cable TV, Sidewalks, Outside Shower

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 64
  • Lot Size: 50' x 110'
  • Sub Block: 04
  • Sub Lot: 01,02,03
  • Total Assessment: 1161200
  • Zoning: R-1C
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 6212.42
  • Assessor Parcel Number: 01000380004000640001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Nov 20, 2015
Sold by
Rawak Pate S and Rawak Lynne
Bought by
Biemer Thomas S and Braun Bernadette
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$1,049,000
Sold Price
$975,000
Premium/Discount to List
-$74,000
-7.05%
Current Estimated Value
$2,976,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,001,390
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Apr 24, 2013
Sold by
Rawak Pete S and Rawak Lynne
Bought by
Rawak Pate S and Rawak Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,700
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 1998
Sold by
Lankford James E
Bought by
Rawak Pate S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.03%

Purchase Details

Closed on
Apr 29, 1996
Sold by
Colahan James
Bought by
Lankford James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.81%

Purchase Details

Closed on
Apr 26, 1990
Sold by
Colahan James J
Bought by
Colahan James J
Source: Public Records

Range of Values:

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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
Biemer Thomas S $975,000 None Available
Rawak Pate S -- None Available
Rawak Pate S $339,200 --
Lankford James $300,000 --
Colahan James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rawak Pate S $327,700
Previous Owner Rawak Pate S $170,000
Previous Owner Lankford James $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $975,000 -7.1% $369 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $1,049,000 -- $397 / 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 $6,880 $1,120,500 $639,000 $481,500
2024 $6,880 $1,120,500 $639,000 $481,500
2023 $6,491 $1,065,900 $639,000 $426,900
2022 $6,054 $1,065,900 $639,000 $426,900
2021 $5,436 $1,065,900 $639,000 $426,900
2020 $5,607 $1,065,900 $639,000 $426,900
2019 $5,436 $1,065,900 $639,000 $426,900
2018 $5,202 $1,065,900 $639,000 $426,900
2017 $6,456 $1,161,200 $753,800 $407,400
2016 $6,387 $1,161,200 $753,800 $407,400
2015 $6,282 $1,161,200 $753,800 $407,400
2014 $6,212 $1,161,200 $753,800 $407,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164482

Cape May County Association of REALTORS®

APN: 01 00038- 04-00064- 01