R
Seller's Agent in 2019
Richard Mashura
OCEAN VIEW REALTY
(609) 247-4291
3 in this area
9 Total Sales
4502 5th Ave Avalon, NJ 08202
Estimated Value: $7,022,000 - $9,637,497
7
Beds
8
Baths
6,000
Sq Ft
$1,428/Sq Ft
Est. Value
Highlights
- Docks
- Property Fronts a Bay or Harbor
- Built in 2019 | Newly Remodeled
- Avalon Elementary School Rated A
- Boat Slip
- In Ground Pool
About This Home
As of October 2019This home is located at 4502 5th Ave, Avalon, NJ 08202 since 26 February 2019 and is currently estimated at $8,567,499, approximately $1,427 per square foot. This property was built in 2019. 4502 5th Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.
Home Details
Home Type
- Single Family
Year Built
- Built in 2019 | Newly Remodeled
Lot Details
- Lot Dimensions are 60'x155'
- Property Fronts a Bay or Harbor
- Fenced Yard
- Sprinkler System
Interior Spaces
- 6,000 Sq Ft Home
- 3-Story Property
- Elevator
- Central Vacuum
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Great Room
- Dining Room
- Marble Flooring
Kitchen
- Oven
- Stove
- Microwave
- Dishwasher
- Wine Cooler
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- Walk-In Closet
- 8 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Intercom
- Alarm System
- Fire and Smoke Detector
Parking
- 4 Car Attached Garage
- Automatic Garage Door Opener
Pool
- In Ground Pool
- Outdoor Shower
- Spa
Outdoor Features
- Bulkhead
- Boat Slip
- Docks
- Deck
- Patio
- Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Water Heated On Demand
Listing and Financial Details
- Legal Lot and Block 20 / 85
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2020
Sold by
Demarco Drew
Bought by
Demarco Drew and Demarco Christine
Current Estimated Value
Purchase Details
Listed on
Feb 26, 2019
Closed on
Nov 7, 2019
Sold by
Mb Shore Investors 1 Llc
Bought by
Demarco Drew
Seller's Agent
Richard Mashura
OCEAN VIEW REALTY
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$6,250,000
Sold Price
$5,900,000
Premium/Discount to List
-$350,000
-5.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$4,720,000
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 8, 2017
Closed on
Feb 22, 2018
Sold by
Kelleher Ann T
Bought by
Mc Shore Investors 1 Llc
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Richard Mashura
OCEAN VIEW REALTY
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.07%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Demarco Drew | -- | None Available | |
| Demarco Drew | $5,900,000 | None Available | |
| Mc Shore Investors 1 Llc | $2,700,000 | -- |
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 | Demarco Drew | $4,720,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2019 10/15/19 | Sold | $5,900,000 | -5.6% | $983 / Sq Ft | |
| 02/26/2019 02/26/19 | For Sale | $6,250,000 | +131.5% | $1,042 / Sq Ft | |
| 02/22/2018 02/22/18 | Sold | $2,700,000 | -9.8% | $592 / Sq Ft | View Prior Sale |
| 01/23/2018 01/23/18 | Pending | -- | -- | -- | |
| 09/08/2017 09/08/17 | For Sale | $2,995,000 | -- | $656 / Sq Ft |
Source: Cape May County Association of REALTORS®
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 | $35,229 | $5,737,600 | $2,400,000 | $3,337,600 |
| 2024 | $35,229 | $5,737,600 | $2,400,000 | $3,337,600 |
| 2023 | $34,942 | $5,737,600 | $2,400,000 | $3,337,600 |
| 2022 | $32,590 | $5,737,600 | $2,400,000 | $3,337,600 |
| 2021 | $31,372 | $5,737,600 | $2,400,000 | $3,337,600 |
| 2020 | $30,180 | $5,737,600 | $2,400,000 | $3,337,600 |
| 2019 | $12,240 | $2,400,000 | $2,400,000 | $0 |
| 2018 | $14,439 | $2,958,900 | $2,400,000 | $558,900 |
| 2017 | $12,328 | $2,217,300 | $1,700,000 | $517,300 |
| 2016 | $12,195 | $2,217,300 | $1,700,000 | $517,300 |
| 2015 | $11,996 | $2,217,300 | $1,700,000 | $517,300 |
| 2014 | $11,863 | $2,191,300 | $1,700,000 | $491,300 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Mashura
-
Jack Binder
J
Buyer's Agent in 2019
Jack Binder
FERGUSON-DECHERT, INC
(609) 778-8656
96 in this area
122 Total Sales
-
John (Jack) Binder Jr
J
Seller's Agent in 2018
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
(609) 778-8656
121 in this area
150 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 186369
APN: 01-00085-0000-00020
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.
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.
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