NOT LISTED FOR SALE

4278 Ocean Dr Avalon, NJ 08202

Estimated Value: $2,785,000 - $2,987,000

5 Beds
2 Baths
2,208 Sq Ft
$1,321/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $1,225,000 $555 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $16,921/month

89 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Avalon Elementary School Rated A
  • Boat Slip
  • Cathedral Ceiling

About This Home

As of May 2015

This Bayfront home is the ideal spot to enjoy your growing family as they learn about the bay and all it has to offer. Located at the north end of the Fourth Avenue water way, you will enjoy long bay views from either one of your large wrap around decks. The young boaters in the family will learn how to access the bay easily from your Bayfront backyard and sandy beach. One boat slip is available for your family watercraft and you can easily launch your kayaks or paddle boards from the sandy beach. Imagine tubing along the canal or watching the kids enjoying an afternoon on water trampoline; your own bayside playground! There is plenty of room to store your kayaks and paddle boards on the property plus storage for beach chairs, bikes and all your beach and bay toys. If entertaining is what you enjoy spread out inside and out of this updated upside down style home. Two bay side living areas, one on each floor, equally enjoy the amazing views of the water with the sunset in the distance over the roof tops of the Avalon lagoons. The spacious floor plan provides for plenty of room to spread out with five bedrooms and two baths. Outside activities of shuffle board, basketball, ladder ball and more are right in your own back yard. Invite the gang as there is loads of parking for all of your friends and family. Enjoy as is or update as you like. This is a wonderful first time Bayfront home for your family to enjoy. See listing agent about the neighbor's boat dock easement.

Last Listed By

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 01/02/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 1973

Lot Details

  • Property Fronts a Bay or Harbor

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Boat Slip
  • Docks
  • Deck
  • Enclosed patio or porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 45 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,382

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Fireplace- Wood, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2208
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Shingle, Vinyl
  • Frontage: 60
  • House Color: gray
  • Outside Features: Deck, Enclosed/Covered Patio, Storage Building, Dock, Cable TV, Outside Shower, Boat Slips

Garage/Parking

  • Parking Garage: Concrete Driveway, Stone Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 45
  • Lot Size: 60 X 250
  • Total Assessment: 819200
  • Zoning: RES
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 4382.72
  • Assessor Parcel Number: 01000420005000250000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2015
Closed on
May 1, 2015
Sold by
Denny Joseph P and Denny April H
Bought by
Barnes Michael W and Barnes Marianne D
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%
Total Days on Market
89
Current Estimated Value
$2,917,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,692,260
Avg. Annual Appreciation
8.77%
Original Mortgage
$925,000
Outstanding Balance
$723,053
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$2,138,164

Purchase Details

Closed on
Aug 1, 1988
Sold by
Oshea Charles and Oshea Eleanor
Bought by
Denny Joseph and Denny April
Source: Public Records

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    John "Jack" Vizzard BERKSHIRE HATHAWAY HS FOX & ROACH - AV

    Section Image

Range of Values:

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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
Barnes Michael W $1,225,000 Seaboard Title Agency
Denny Joseph $450,000 --
Denny Joseph P $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Michael W $925,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $1,225,000 -5.7% $555 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $1,299,000 -- $588 / 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
2024 $6,541 $1,065,300 $786,000 $279,300
2023 $6,488 $1,065,300 $786,000 $279,300
2022 $5,721 $1,007,200 $786,000 $221,200
2021 $5,509 $1,007,200 $786,000 $221,200
2020 $5,274 $1,002,700 $786,000 $216,700
2019 $5,114 $1,002,700 $786,000 $216,700
2018 $4,893 $1,002,700 $786,000 $216,700
2017 $4,555 $819,200 $636,000 $183,200
2016 $4,506 $819,200 $636,000 $183,200
2015 $4,432 $819,200 $636,000 $183,200
2014 -- $819,200 $636,000 $183,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161595

Cape May County Association of REALTORS®

APN: 01-00042-05-00025