NOT LISTED FOR SALE

Estimated Value: $4,551,000 - $9,951,876

7 Beds
8 Baths
8,100 Sq Ft
$926/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2020

Last sale price $10,500,000 $1,296 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $46,162 / mo

9 Days on Market

Highlights

  • Beach Front
  • New Construction
  • Property is near a beach
  • Avalon Elementary School Rated A
  • In Ground Pool
  • Deck

About This Home

As of July 2020

Agent accompanied showings only

Last Agent to Sell the Property

Nicholas Giuffre

COMPASS RE - Avalon Dune License #1757268 Listed on: 06/22/2020

Last Buyer's Agent

Daniel Bowersock

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,996

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Beach Front
  • Fenced Yard
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 8,100 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Deck
  • Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 03/1 / 43

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,996

Year Built

Built in 2020 | New Construction

Lot Details

0.3 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: 44th street beach path
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 2020
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Lot Size2: 13,000
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Wine Cooler
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Security System, Storage, Walk in Closet, Whirlpool
  • Total Bathrooms: 8.2
  • Full Bathrooms: 8
  • Bedrooms: 7
  • Total Rooms: 15
  • Estimated Living Sq Ft: 8100
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Library/Study, Great Room

Exterior Features

  • Construction: Contemporary, Three Story
  • Exterior: Wood
  • Frontage: 100
  • House Color: Gray
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Screened Porch, Grill, Fenced Yard, Cable TV, Outside Shower, In Ground Pool, Whirpool/Spa, Sprinkler System

Garage/Parking

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

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Multi-Zoned
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 03/1
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 24996
  • Tax Year: 2019

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 22, 2020
Closed on
Jul 24, 2020
Sold by
Bought by
Seller's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$10,900,000
Sold Price
$10,500,000
Premium/Discount to List
-$400,000
-3.67%
Current Estimated Value
$7,502,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,997,041
Avg. Annual Appreciation
-5.43%

Purchase Details

Closed on
Aug 30, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,575,000
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,575,000
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2018
Closed on
Oct 5, 2018
Sold by
Bought by
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
List Price
$3,995,000
Sold Price
$3,800,000
Premium/Discount to List
-$195,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 1992
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 1989
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$9,900,000 None Available
-- --
-- --
$3,800,000 --
$725,000 --
$1,050,000 --
$865,000 --
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
Previous Owner $3,575,000
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
07/28/2020 07/28/20 Sold $10,500,000 -3.7% $1,296 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $10,900,000 +186.8% $1,346 / Sq Ft
10/05/2018 10/05/18 Sold $3,800,000 -4.9% $877 / Sq Ft View Prior Sale
09/05/2018 09/05/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $3,995,000 -- $922 / 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 $59,560 $9,700,300 $3,392,400 $6,307,900
2025 $59,560 $9,700,300 $3,392,400 $6,307,900
2024 $59,560 $9,700,300 $3,392,400 $6,307,900
2023 $58,879 $9,668,100 $3,392,400 $6,275,700
2022 $54,915 $9,668,100 $3,392,400 $6,275,700
2021 $53,060 $9,700,300 $3,392,400 $6,307,900
2020 $17,844 $3,392,400 $3,392,400 $0
2019 $24,997 $4,901,300 $3,392,400 $1,508,900
2018 $23,918 $4,901,300 $3,392,400 $1,508,900
2017 $21,882 $3,935,700 $2,560,400 $1,375,300
2016 $21,646 $3,935,700 $2,560,400 $1,375,300
2015 $21,292 $3,935,700 $2,560,400 $1,375,300
2014 $21,056 $3,935,700 $2,560,400 $1,375,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202101

Cape May County Association of REALTORS®

APN: 01-00043-03-00001

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