NOT LISTED FOR SALE

4498 4th Ave Avalon, NJ 08202

Estimated Value: $4,153,000 - $5,201,000

6 Beds
4 Baths
3,354 Sq Ft
$1,347/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $2,000,000 $596 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $25,007/month

150 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 March 2017

This home is located at 4498 4th Ave, Avalon, NJ 08202 since 16 September 2016 and is currently estimated at $4,519,246, approximately $1,347 per square foot. This property was built in 1965. 4498 4th Ave 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: 09/16/2016

Last Buyer's Agent

Mark Grimes

BERKSHIRE HATHAWAY HS FOX & ROACH oc109 License #8933684

BERKSHIRE HATHAWAY HS FOX & ROACH oc109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,635

Year Built

  • 1965

Lot Details

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

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3,354 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Storage
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Boat Slip
  • Docks
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 27 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,635

Year Built

1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Curtains, Blinds, Partial Furniture, Window Treatments
  • Estimated Year Built: Renovation
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 4498
  • Lot Size2: 60'x 250'
  • Price per Sq Ft: 596.3
  • Selling Agent1: 998
  • Selling Office1: 154
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built (Public Record): 1965

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Skylight, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 6
  • Total Rooms: 11
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3354
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Florida Room, Storage Attic

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: White
  • Outside Features: Deck, Storage Building, Dock, Cable TV, Sidewalks, Outside Shower, Boat Slips

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 27
  • Lot Size: 10000-20000 SqFt
  • Sub Block: .06
  • Total Assessment: 1965900
  • Zoning: R-1B

Tax Info

  • Taxes: 10635.05
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Mar 15, 2017
Sold by
Duszak Mary Ellen and Duszak Mark
Bought by
Follman Eric and Follman Nancy
Seller's Agent
Chris Gallagher
Tim Kerr Sotheby's International Realty
Buyer's Agent
Mark Grimes
BERKSHIRE HATHAWAY HS FOX & ROACH oc109
List Price
$2,350,000
Sold Price
$2,000,000
Premium/Discount to List
-$350,000
-14.89%
Total Days on Market
150
Current Estimated Value
$4,519,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,519,246
Avg. Annual Appreciation
10.37%
Original Mortgage
$900,000
Outstanding Balance
$754,797
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$3,742,033

Purchase Details

Closed on
Nov 17, 2015
Sold by
New Jersey State Department Of Environme
Bought by
Duszak Mary Ellen
Source: Public Records

Similar Homes in Avalon, NJ

  • 127 34th St, Avalon, NJ 08202

    $3,495,000

    • 7 Beds
    • 4 Baths
    • 3,100 Sq Ft
    • 127 34th St
    • Avalon, NJ

    Improvements: 2001 - multi zoned central air and gas heat 2006 - in-ground heated pool with electric cover (newer) new pool pump 2024 2010 - new windows, plumbing and electric upgrades, new first floor sliding doors (3 sets) 2017 - new roof, 2021 - major renovation including kitchen (all new appliances on first floor) all 4 baths, 2 laundry centers, new carpeting throughout 2023 - all new

    Susan Heenan Tim Kerr Sotheby's International Realty

    Section Image
  • 5961 Ocean Dr, Avalon, NJ 08202

    $4,395,000

    • 6 Beds
    • 6.5 Baths
    • 5961 Ocean Dr
    • Avalon, NJ

    SOLD FURNISHED BY Proximity Interiors! Spectacular New Construction Single Family Home! Situated in the highly desirable south end of Avalon. Only just over a block to the quiet beach this home is a must see. Carefully laid out over three levels of living this home features: 6 bedrooms 6.5 Baths, 4 stop elevator, bay views, ~1000sqft of ground level storage including a pool side enclosed "hangout

    Dan Bowersock FERGUSON DECHERT REAL ESTATE INC

    Section Image
See All Homes in Avalon

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Follman Eric $2,000,000 None Available
Duszak Mary Ellen $52,405 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Follman Eric $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $2,000,000 -14.9% $596 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $2,350,000 -- $701 / 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 $12,273 $1,998,800 $1,700,000 $298,800
2023 $12,173 $1,998,800 $1,700,000 $298,800
2022 $11,353 $1,998,800 $1,700,000 $298,800
2021 $10,194 $1,998,800 $1,700,000 $298,800
2020 $10,514 $1,998,800 $1,700,000 $298,800
2019 $10,194 $1,998,800 $1,700,000 $298,800
2018 $9,754 $1,998,800 $1,700,000 $298,800
2017 $10,930 $1,965,900 $1,600,000 $365,900
2016 $10,812 $1,965,900 $1,600,000 $365,900
2015 $10,636 $1,965,900 $1,600,000 $365,900
2014 $10,518 $1,965,900 $1,600,000 $365,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chris Gallagher

    Tim Kerr Sotheby's International Realty

    (609) 425-5307

    9 in this area

    17 Total Sales

    Chris Gallagher
    Section Image
  • Mark Grimes

    Buyer's Agent in 2017

    Mark Grimes

    BERKSHIRE HATHAWAY HS FOX & ROACH oc109

    (609) 425-2042

    2 in this area

    183 Total Sales

    Mark Grimes
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 172821

Cape May County Association of REALTORS®

APN: 01-00042-06-00027

New Jersey Cape May County Avalon 08202

4498 4th Ave, Avalon, NJ

This home is located at 4498 4th Ave, Avalon, NJ 08202 since 16 September 2016 and is currently estimated at $4,519,246, approximately $1,347 per square foot. This property was built in 1965. 4498 4th Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® 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.

Nearby Homes