NOT LISTED FOR SALE

4451 Ocean Dr Avalon, NJ 08202

Estimated Value: $2,324,000 - $3,825,659

5 Beds
2 Baths
2,300 Sq Ft
$1,369/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $1,100,000 $478 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $17,128/month

380 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Interior Lot
  • Avalon Elementary School Rated A
  • Furnished
  • Living Room

About This Home

As of September 2018

This home is located at 4451 Ocean Dr, Avalon, NJ 08202 since 16 June 2017 and is currently estimated at $3,148,415, approximately $1,368 per square foot. This property was built in 1978. 4451 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Chris Gallagher

Tim Kerr Sotheby's International Realty Listed on: 06/16/2017

Last Buyer's Agent

Joseph Butler

A LEWIS PURDY REAL ESTATE INC License #0337270

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,681

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 50 x 110
  • Interior Lot
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 64 / 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,681

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Bay & Beach
  • Also Includes: Blinds, Rugs, Furniture
  • Estimated Year Built: 1978
  • New Construction: No
  • Lot Size2: 50 x 110
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2300
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Beige
  • Outside Features: Deck, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 64
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: 04
  • Total Assessment: 841900
  • Zoning: R-1C

Tax Info

  • Taxes: 4680.96
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Standridge Thomas E
Bought by
Donovan Drew R and Donovan Kristen Q
Current Estimated Value
$3,148,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,499,000
Outstanding Balance
$2,423,332
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$725,083

Purchase Details

Listed on
Jun 16, 2017
Closed on
Sep 7, 2018
Sold by
Hill Thomas P and Hill Susan C
Bought by
Standridge Thomas E and Standridge Marie C
Seller's Agent
Chris Gallagher
Tim Kerr Sotheby's International Realty
Buyer's Agent
Joseph Butler
A LEWIS PURDY REAL ESTATE INC
List Price
$1,239,000
Sold Price
$1,100,000
Premium/Discount to List
-$139,000
-11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%
Original Mortgage
$700,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2005
Sold by
Parsons George E and Parsons Doris M
Bought by
Hill Thomas P and Hill Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1990
Sold by
Desalvo Desalvo J and Desalvo M
Bought by
Parsons George and Parsons Doris
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

Date Buyer Sale Price Title Company
Donovan Drew R $3,370,000 Seaboard Title
Donovan Drew R $3,370,000 Seaboard Title
Standridge Thomas E $1,115,000 --
Hill Thomas P $1,175,000 Shore Title
Parsons George $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Drew R $2,499,000
Closed Donovan Drew R $2,499,000
Previous Owner Standridge Thomas E $700,000
Previous Owner Hill Thomas P $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $1,100,000 -11.2% $478 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
06/16/2017 06/16/17 For Sale $1,239,000 -- $539 / 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 $7,396 $1,204,600 $900,000 $304,600
2024 $7,396 $1,204,600 $900,000 $304,600
2023 $7,336 $1,204,600 $900,000 $304,600
2022 $6,842 $1,204,600 $900,000 $304,600
2021 $6,589 $1,204,600 $900,000 $304,600
2020 $5,933 $1,127,900 $900,000 $227,900
2019 $5,752 $1,127,900 $900,000 $227,900
2018 $5,504 $1,127,900 $900,000 $227,900
2017 $4,681 $841,900 $637,500 $204,400
2016 $4,630 $841,900 $637,500 $204,400
2015 $4,555 $841,900 $637,500 $204,400
2014 $4,504 $841,900 $637,500 $204,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176833

Cape May County Association of REALTORS®

APN: 01-00044-04-00064