NOT LISTED FOR SALE

4508 Ocean Dr Avalon, NJ 08202

Estimated Value: $4,420,000 - $8,528,101

4 Beds
1 Bath
-- Sq Ft
0.34 Acres

Last Sold August 14, 2015

Last sale price $1,565,000

Est. 325% increase in value since last sale

Current estimated payment $36,994/month

109 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Avalon Elementary School Rated A
  • Boat Slip
  • Ranch Style House

About This Home

As of August 2015

This bayfront cottage offers 4 bedrooms, 1 1/2 baths, gas heat, central air, 2 boatslips, plenty of off-street parking, short stroll to the beach and beautiful sunsets. Large decks overlooking the bay offer great views. Lot is 60' x 250' if you are looking for the perfect lot to build your new bayfront dreamhome.

Last Agent to Sell the Property

Douglas Newbold

NEWBOLD REAL ESTATE CO Listed on: 03/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,847

Year Built

  • Built in 1967

Lot Details

  • Property Fronts a Bay or Harbor

Home Design

  • Ranch Style House
  • Cottage
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Drapes & Rods
  • Blinds
  • Living Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 13 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,847

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View, Bulk Head
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Drapes, Shades, Blinds, Rugs
  • Estimated Year Built: 1967
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Smoke/Fire Alarm
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Laundry Closet

Exterior Features

  • Construction: Ranch, Cottage
  • Exterior: Wood
  • Frontage: 60
  • House Color: Green
  • Outside Features: Deck, Porch, Grill, Storage Building, Dock, Bulkhead, Sidewalks, Outside Shower, Boat Slips

Garage/Parking

  • Parking Garage: Parking Pad, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 13
  • Lot Size: 60 x 250
  • Sub Block: 05
  • Total Assessment: 1653800
  • Lot Size Range: 10000-20000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 8847.83
  • Assessor Parcel Number: 01000420005000130000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2015
Closed on
Aug 14, 2015
Sold by
Bard Robert M and Bard John W
Bought by
Re Number 5 Llc
Seller's Agent
Douglas Newbold
NEWBOLD REAL ESTATE CO
List Price
$1,675,000
Sold Price
$1,565,000
Premium/Discount to List
-$110,000
-6.57%
Current Estimated Value
$6,658,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,093,525
Avg. Annual Appreciation
15.06%

Purchase Details

Closed on
Jun 16, 2011
Sold by
Bard Ned E
Bought by
Bard Robert M and Bard John W

Purchase Details

Closed on
Jun 12, 1991
Sold by
Bard Ned E and Bard Mary R
Bought by
Bard Mary R
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
Re Number 5 Llc $1,565,000 State Line Title Agency
Bard Robert M -- None Available
Bard Mary R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $1,565,000 -6.6% --
07/15/2015 07/15/15 Pending -- -- --
03/28/2015 03/28/15 For Sale $1,675,000 -- --
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 $24,874 $4,051,100 $1,575,000 $2,476,100
2024 $24,874 $4,051,100 $1,575,000 $2,476,100
2023 $24,671 $4,051,100 $1,575,000 $2,476,100
2022 $23,010 $4,051,100 $1,575,000 $2,476,100
2021 $22,160 $4,051,100 $1,575,000 $2,476,100
2020 $21,309 $4,051,100 $1,575,000 $2,476,100
2019 $20,661 $4,051,100 $1,575,000 $2,476,100
2018 $19,769 $4,051,100 $1,575,000 $2,476,100
2017 $8,896 $1,600,000 $1,600,000 $0
2016 $9,096 $1,653,800 $1,600,000 $53,800
2015 $8,947 $1,653,800 $1,600,000 $53,800
2014 $8,848 $1,653,800 $1,600,000 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163305

Cape May County Association of REALTORS®

APN: 01-00042-05-00013