NOT LISTED FOR SALE

4138 Ocean Dr Avalon, NJ 08202

Estimated Value: $1,826,078 - $2,775,000

3 Beds
2 Baths
1,280 Sq Ft
$1,717/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $975,000 $762 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $11,768/month

53 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Interior Lot
  • Avalon Elementary School Rated A
  • Ranch Style House
  • 4-minute walk to 39th Street Park

About This Home

As of November 2018

This home is located at 4138 Ocean Dr, Avalon, NJ 08202 since 16 July 2018 and is currently estimated at $2,197,770, approximately $1,717 per square foot. 4138 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Mark Marroletti

LONG & FOSTER REAL ESTATE, INC av Listed on: 07/16/2018

Last Buyer's Agent

Susan Heenan

Tim Kerr Sotheby's International Realty License #0336951

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,774

Lot Details

  • Lot Dimensions are 50 x 90
  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Stone Driveway

Outdoor Features

  • Property near a bay
  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 69 / 41.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,774

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Partial Furniture
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Lot Size2: 50 X 90
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, See Remarks, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Deck, Sidewalks

Garage/Parking

  • Parking Garage: 3 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 69
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 3774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Nov 2, 2018
Sold by
Lannutti Michael and Lannutti Anne
Bought by
Wierman Samuel and Wierman Elissa
Seller's Agent
Mark Marroletti
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Susan Heenan
Tim Kerr Sotheby's International Realty
List Price
$1,095,000
Sold Price
$975,000
Premium/Discount to List
-$120,000
-10.96%
Current Estimated Value
$2,197,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,222,770
Avg. Annual Appreciation
11.95%
Original Mortgage
$775,000
Outstanding Balance
$674,460
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,523,310

Purchase Details

Listed on
Jan 13, 2016
Closed on
May 25, 2016
Sold by
Keller Marlon and Keller Lisa A
Bought by
Lannutti Michael and Lannutti Anne
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$729,000
Sold Price
$687,250
Premium/Discount to List
-$41,750
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Feb 10, 2014
Sold by
Gambone Ernest J and Gambone Mary C
Bought by
Keller Marlon D and Keller Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 9, 1998
Sold by
Hagenman Daniel C
Bought by
Gambone Ernest J and Gambone Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.09%

Purchase Details

Closed on
Feb 8, 1997
Sold by
Smith George L
Bought by
Hagenman Daniel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wierman Samuel $975,000 --
Lannutti Michael $687,250 Attorney
Keller Marlon D $660,000 Seaboard Title Agency
Gambone Ernest J $183,000 --
Hagenman Daniel G $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wierman Samuel $775,000
Previous Owner Keller Marlon D $528,000
Previous Owner Gambone Ernest J $131,000
Previous Owner Hagenman Daniel G $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2018 11/21/18 Sold $975,000 -11.0% $762 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $1,095,000 +59.3% $855 / Sq Ft
05/27/2016 05/27/16 Sold $687,250 -5.7% $537 / Sq Ft View Prior Sale
04/27/2016 04/27/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $729,000 -- $570 / 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 $4,130 $672,600 $661,500 $11,100
2024 $4,130 $672,600 $661,500 $11,100
2023 $4,096 $672,600 $661,500 $11,100
2022 $3,820 $672,600 $661,500 $11,100
2021 $3,679 $672,600 $661,500 $11,100
2020 $3,538 $672,600 $661,500 $11,100
2019 $3,430 $672,600 $661,500 $11,100
2018 $3,282 $672,600 $661,500 $11,100
2017 $3,774 $678,700 $661,500 $17,200
2016 $3,733 $678,700 $661,500 $17,200
2015 $3,672 $678,700 $661,500 $17,200
2014 $3,631 $678,700 $661,500 $17,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Marroletti

    LONG & FOSTER REAL ESTATE, INC av

  • S

    Buyer's Agent in 2018

    Susan Heenan

    Tim Kerr Sotheby's International Realty

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 183007

Cape May County Association of REALTORS®

APN: 01-00041-05-00069

New Jersey Cape May County Avalon 08202

4138 Ocean Dr, Avalon, NJ

Not Listed for Sale

Detached

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