R
Seller's Agent in 2023
Robert J. Scully Jr
FERGUSON-DECHERT, INC
424 7th St Avalon, NJ 08202
Estimated Value: $3,186,490 - $4,125,000
5
Beds
2
Baths
2,304
Sq Ft
$1,536/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Boat Slip
- Wood Flooring
- Avalon Elementary School Rated A
- Deck
- Furnished
About This Home
As of June 2023This home is located at 424 7th St, Avalon, NJ 08202 since 05 December 2022 and is currently estimated at $3,537,873, approximately $1,535 per square foot. This property was built in 1979. 424 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Last Listed By
Robert J. Scully Jr
FERGUSON-DECHERT, INC Listed on: 12/05/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,479
Year Built
- Built in 1979
Lot Details
- Lot Dimensions are 50'x110'
- Property Fronts a Bay or Harbor
Home Design
- Upside Down Style Home
Interior Spaces
- 2,304 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Blinds
- Great Room
- Living Room
- Dining Area
- Water Views
- Crawl Space
Kitchen
- Oven
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Bulkhead
- Boat Slip
- Deck
- Outdoor Grill
Utilities
- Window Unit Cooling System
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 98 / 7.06
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2022
Closed on
Jun 28, 2023
Sold by
Purkiss Christine
Bought by
Selig William S and Tate Michelle P
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Travis A Marshall
LONG & FOSTER REAL ESTATE, INC av
List Price
$3,800,000
Sold Price
$3,180,000
Premium/Discount to List
-$620,000
-16.32%
Total Days on Market
117
Views
76
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
$357,873
Avg. Annual Appreciation
5.93%
Original Mortgage
$1,200,000
Outstanding Balance
$1,171,784
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$2,366,089
Purchase Details
Closed on
Mar 25, 1989
Sold by
Boyd David and Boyd Judith
Bought by
Purkiss Richard
Purchase Details
Closed on
Nov 30, 1985
Sold by
Phelpsnorman Trustee
Bought by
Boyd David and Boyd Judith
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 |
|---|---|---|---|
| Selig William S | $3,180,000 | Seaboard Title | |
| Purkiss Richard | $455,000 | -- | |
| Purkiss A Richard | $455,000 | -- | |
| Boyd David | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Selig William S | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2023 06/28/23 | Sold | $3,180,000 | -3.6% | $1,380 / Sq Ft |
| 04/12/2023 04/12/23 | Pending | -- | -- | -- |
| 02/27/2023 02/27/23 | Price Changed | $3,300,000 | -13.2% | $1,432 / Sq Ft |
| 12/16/2022 12/16/22 | For Sale | $3,800,000 | -- | $1,649 / 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 | $11,328 | $1,844,900 | $1,710,000 | $134,900 |
| 2023 | $11,235 | $1,844,900 | $1,710,000 | $134,900 |
| 2022 | $10,479 | $1,844,900 | $1,710,000 | $134,900 |
| 2021 | $10,092 | $1,844,900 | $1,710,000 | $134,900 |
| 2020 | $9,704 | $1,844,900 | $1,710,000 | $134,900 |
| 2019 | $9,409 | $1,844,900 | $1,710,000 | $134,900 |
| 2018 | $9,003 | $1,844,900 | $1,710,000 | $134,900 |
| 2017 | $8,671 | $1,559,600 | $1,425,000 | $134,600 |
| 2016 | $8,578 | $1,559,600 | $1,425,000 | $134,600 |
| 2015 | $8,437 | $1,559,600 | $1,425,000 | $134,600 |
| 2014 | $8,344 | $1,559,600 | $1,425,000 | $134,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Travis A Marshall
T
Buyer's Agent in 2023
Travis A Marshall
LONG & FOSTER REAL ESTATE, INC av
(609) 967-5000
6 in this area
6 Total Sales
Map
Similar Homes in Avalon, NJ
Source: Cape May County Association of REALTORS®
MLS Number: 223688
APN: 01-00007-06-00098
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Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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