NOT LISTED FOR SALE

388 39th St Unit West Avalon, NJ 08202

Estimated Value: $1,967,000 - $2,437,000

4 Beds
3 Baths
1,817 Sq Ft
$1,178/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $1,563,500 $860 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,060/month

13 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • 4-minute walk to 39th Street Park

About This Home

As of February 2022

Seller is participating in a 1031 exchange. Sale is not contingent on seller identifying another property

Last Agent to Sell the Property

Marilyn O'Donoghue

COMPASS RE - AV Dune License #0789718 Listed on: 12/01/2021

COMPASS RE - AV Dune

Last Buyer's Agent

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,281

Year Built

  • Built in 2005

Lot Details

  • 2,701

Interior Spaces

  • 1,817 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Blinds
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Utilities

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

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Legal Lot and Block 86 / 39

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,281

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Inside Lot, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 2005
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 388
  • Price per Sq Ft: 860.48
  • Selling Agent1: 2949
  • Selling Office1: 651
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • CondoFeeFrequency: Annually
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: Three
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1817
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room

Garage/Parking

  • Parking: Garage, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: West
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Cable TV, Outside Shower
  • Condo Fees: Shared Ins
  • Unit Features: Fireplace, Hardwood Floors, Wall To Wall Carpet, Cathedral Ceiling

Lot Info

  • Lot Number: 86
  • Sub Block: 05
  • Total Assessment: 813900
  • Zoning: R-2A

Tax Info

  • Taxes: 4281.11
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Feb 4, 2022
Sold by
Best Of Whats Around Llc
Bought by
Hickey Timothy and Hickey Lisa
Seller's Agent
Marilyn O'Donoghue
COMPASS RE - AV Dune
Buyer's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$1,645,000
Sold Price
$1,563,500
Premium/Discount to List
-$81,500
-4.95%
Current Estimated Value
$2,141,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,720
Avg. Annual Appreciation
9.18%
Original Mortgage
$1,172,625
Outstanding Balance
$1,091,071
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,050,149

Purchase Details

Closed on
Sep 6, 2013
Sold by
Levy William J and Levy Suzanne J
Bought by
English Michael and English Michelle

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
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2005
Sold by
Avalon 39Th Street T P T Llc
Bought by
Levy William J and Levy Suzanne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,210
Interest Rate
5.73%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 2004
Sold by
Lavelle James D
Bought by
Avalon 39Th Street T P T Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1994
Sold by
Singer Gertrude
Bought by
Lavelle James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.93%
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
Hickey Timothy $1,563,500 Levin Jay M
English Michael $835,000 None Available
Levy William J $1,951,800 --
Avalon 39Th Street T P T Llc $900,000 --
Avalon 39Th Street Tpt Llc $900,000 The Title Company Of Jersey
Lavelle James D $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickey Timothy $1,172,625
Previous Owner English Michael $417,000
Previous Owner Levy William J $1,365,210
Previous Owner Avalon 39Th Street Tpt Llc $720,000
Previous Owner Lavelle James D $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $1,563,500 -5.0% $860 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,645,000 -- $905 / 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 $4,997 $813,900 $500,000 $313,900
2024 $4,997 $813,900 $500,000 $313,900
2023 $4,957 $813,900 $500,000 $313,900
2022 $4,623 $813,900 $500,000 $313,900
2021 $4,452 $813,900 $500,000 $313,900
2020 $4,281 $813,900 $500,000 $313,900
2019 $4,151 $813,900 $500,000 $313,900
2018 $3,972 $813,900 $500,000 $313,900
2017 $4,269 $767,800 $550,000 $217,800
2016 $4,223 $767,800 $550,000 $217,800
2015 $4,154 $767,800 $550,000 $217,800
2014 $4,108 $767,800 $550,000 $217,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214304

Cape May County Association of REALTORS®

APN: 01-00039-05-00086-388