NOT LISTED FOR SALE

Estimated Value: $7,385,000 - $7,962,000

6 Beds
6 Baths
4,600 Sq Ft
$1,681/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2020

Last sale price $5,000,000 $1,087 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $45,815 / mo

71 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • New Construction
  • Avalon Elementary School Rated A
  • Boat Slip
  • In Ground Pool

About This Home

As of October 2020

Floor plans to be added to Associated Docs

Last Agent to Sell the Property

Nicholas Giuffre

COMPASS RE - Avalon Dune License #1757268 Listed on: 06/01/2020

COMPASS RE - Avalon Dune

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

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 Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,405

Home Design

  • Upside Down Style Home
  • Brick Exterior Construction

Interior Spaces

  • 4,600 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Enclosed Patio or Porch

Additional Features

  • Property Fronts a Bay or Harbor
  • Zoned Heating and Cooling

Listing and Financial Details

  • Legal Lot and Block 45 / 42 06

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Furniture
  • Estimated Year Built: 2020
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: Yes
  • Lot Size2: 7500
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Wine Cooler
  • Interior Amenities: Elevator, Fireplace- Gas, Security System
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 9
  • Estimated Living Sq Ft: 4600
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Pantry, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Brick, Shingle
  • Frontage: 60
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Dock, Bulkhead, Outside Shower, In Ground Pool, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener

Utilities

  • Cooling: Multi Zoned
  • Heating: Multi-Zoned
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 45
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 9999999

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Sep 28, 2020
Sold by
Seller's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$5,295,000
Sold Price
$5,000,000
Premium/Discount to List
-$295,000
-5.57%
Current Estimated Value
$7,921,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,921,420
Avg. Annual Appreciation
7.67%
Original Mortgage
$3,000,000
Outstanding Balance
$2,607,295
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,125,159

Purchase Details

Listed on
Jun 1, 2020
Closed on
Sep 25, 2020
Sold by
Bought by
Seller's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$5,295,000
Sold Price
$5,000,000
Premium/Discount to List
-$295,000
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,607,295
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,125,159

Purchase Details

Listed on
Sep 24, 2018
Closed on
Sep 27, 2019
Sold by
Bought by
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
List Price
$2,199,000
Sold Price
$1,925,000
Premium/Discount to List
-$274,000
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.92%

Purchase Details

Closed on
Aug 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 1991
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Avalon, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,000,000 None Available
-- None Available
$1,925,000 Seaboard Title
$450,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $5,000,000 -5.6% $1,087 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $5,295,000 +175.1% $1,151 / Sq Ft
09/27/2019 09/27/19 Sold $1,925,000 -12.5% $719 / Sq Ft View Prior Sale
09/24/2018 09/24/18 For Sale $2,199,000 -- $822 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $28,337 $4,615,100 $1,232,500 $3,382,600
2025 $28,337 $4,615,100 $1,232,500 $3,382,600
2024 $28,337 $4,615,100 $1,232,500 $3,382,600
2023 $27,889 $4,579,500 $1,232,500 $3,347,000
2022 $26,012 $4,579,500 $1,232,500 $3,347,000
2021 $25,245 $4,615,100 $1,232,500 $3,382,600
2020 $6,487 $1,233,200 $1,232,500 $700
2019 $6,703 $1,314,400 $1,232,500 $81,900
2018 $6,414 $1,314,400 $1,232,500 $81,900
2017 $5,711 $1,027,100 $797,800 $229,300
2016 $5,649 $1,027,100 $797,800 $229,300
2015 $5,557 $1,027,100 $797,800 $229,300
2014 $5,495 $1,027,100 $797,800 $229,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201818

Cape May County Association of REALTORS®

APN: 01-00042-06-00045

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