NOT LISTED FOR SALE

4485 4th Ave Avalon, NJ 08202

Estimated Value: $3,905,000 - $6,867,000

4 Beds
2 Baths
1,972 Sq Ft
$2,648/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $2,500,000 $1,268 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $30,339/month

51 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Island Location
  • Avalon Elementary School Rated A
  • Boat Slip
  • Cape Cod Architecture

About This Home

As of September 2020

This home is located at 4485 4th Ave, Avalon, NJ 08202 since 27 May 2020 and is currently estimated at $5,221,893, approximately $2,648 per square foot. This property was built in 1968. 4485 4th Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 05/27/2020

Last Buyer's Agent

Susan Heenan

Tim Kerr Sotheby's International Realty License #0336951

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,009

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 60' x 250'
  • Property Fronts a Bay or Harbor
  • Property is zoned R-1B

Home Design

  • Cape Cod Architecture
  • Asbestos Siding

Interior Spaces

  • 1,972 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views
  • Crawl Space

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Boat Slip
  • Docks
  • Deck
  • Porch

Location

  • Island Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 46 / 42.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,009

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfont
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1968
  • New Construction: No
  • Second Address Number: 4485
  • Lot Size2: 60' x 250'
  • Price per Sq Ft: 1267.75
  • Selling Agent1: 1204
  • Selling Office1: 46
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Wall to Wall Carpet, Fireplace- Wood
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1972
  • Other Rooms: Living Room, Kitchen, Dining Area

Exterior Features

  • Construction: Two Story, Cape Cod
  • Exterior: Asbestos
  • Frontage: 60
  • Outside Features: Deck, Porch, Dock, Sidewalks, Outside Shower, Boat Slips

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 46
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 1766500
  • Zoning: R-1B

Tax Info

  • Taxes: 9009.15
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 30, 2020
Sold by
Mcgowan Ft
Bought by
Delvescovo Anthony and Delvescovo Karen
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Susan Heenan
Tim Kerr Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Current Estimated Value
$5,221,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,721,893
Avg. Annual Appreciation
15.84%
Original Mortgage
$800,000
Outstanding Balance
$711,557
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$4,510,336

Purchase Details

Closed on
Jul 10, 2000
Source: Public Records

Range of Values:

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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
Delvescovo Anthony $2,500,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delvescovo Anthony $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $2,500,000 +0.2% $1,268 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $2,495,000 -- $1,265 / 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 $31,841 $5,185,900 $1,700,000 $3,485,900
2024 $31,841 $5,185,900 $1,700,000 $3,485,900
2023 $10,353 $1,700,000 $1,700,000 $0
2022 $9,656 $1,700,000 $1,700,000 $0
2021 $9,663 $1,766,500 $1,700,000 $66,500
2020 $9,292 $1,766,500 $1,700,000 $66,500
2019 $9,009 $1,766,500 $1,700,000 $66,500
2018 $8,621 $1,766,500 $1,700,000 $66,500
2017 $9,444 $1,698,600 $1,600,000 $98,600
2016 $9,342 $1,698,600 $1,600,000 $98,600
2015 $9,189 $1,698,600 $1,600,000 $98,600
2014 $9,088 $1,698,600 $1,600,000 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201760

Cape May County Association of REALTORS®

APN: 01-00042-05-00046