$4,750,000
SOLD MAY 26, 2017

4510 5th Ave Avalon, NJ 08202

5 Beds
5 Baths
5,251 Sq Ft
1.38 Acres

Recently Sold

$905 Per Sq Ft

3% Below List Price

65 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Newly Remodeled
  • Avalon Elementary School Rated A
  • Boat Slip
  • In Ground Pool

About This Home

As of May 2017

All bedrooms and living spaces have HD TV's (including a smart TV in 2nd floor living area). Wide plank white oak flooring/stair case. 3 zone heating and cooling systems. 3 on-demand gas hot water tanks. Solid wood interior door and automatic lighting for all closets. Natural gas heated pool measures 18' X 12', by 5' deep. To be sold completely furnished and equipped as seen (including art work). Current flood insurance $781 per year. Site plan (Zacker Architects), survey, and elevation in associated docs.

Last Agent to Sell the Property

Ann Delaney

Tim Kerr Sotheby's International Realty License #7938915 Listed on: 02/13/2017

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,819

Year Built

  • Built in 2011 | Newly Remodeled

Lot Details

  • Lot Dimensions are 60 x 155
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1B

Home Design

  • Wood Siding
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 5,251 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Enclosed patio or porch
  • Outdoor Grill

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 18 / 85

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,819

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Island, Water Front, Bulk Head
  • District Township: 01-Avalon Borough
  • Near: Bay Front
  • Also Includes: Drapes, Blinds, Furniture, Window Treatments
  • Estimated Year Built: 2011
  • New Construction: Yes
  • Second Address Number: 4510
  • Lot Size2: 60 X 155
  • Price per Sq Ft: 904.59
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2011

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 5251
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, Library/Study, Great Room, Laundry Closet

Exterior Features

  • Construction: Three Story
  • Exterior: Shingle, Stone, Vinyl, Wood
  • Frontage: 60
  • House Color: Cream
  • Outside Features: Deck, Enclosed/Covered Patio, Grill, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Stone Driveway, 4 car parking

Utilities

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

Lot Info

  • Lot Number: 18
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 3421700
  • Zoning: R-1B

Tax Info

  • Taxes: 18819
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
May 24, 2017
Sold by
Chapman Kate Dreyer
Bought by
Mccabe Kevin and Mc Cabe Julia Anne
Seller's Agent
Ann Delaney
Tim Kerr Sotheby's International Realty
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$4,900,000
Sold Price
$4,750,000
Premium/Discount to List
-$150,000
-3.06%
Current Estimated Value
$7,826,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,076,069
Avg. Annual Appreciation
6.14%
Original Mortgage
$237,500
Outstanding Balance
$59,855
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$7,677,326

Purchase Details

Listed on
Apr 16, 2016
Closed on
Oct 24, 2016
Sold by
Burns Patrick J and Burns Helen M
Bought by
Chapman Michael D and Chapman Kate Dryer
Seller's Agent
John O'Dea
COMPASS RE - Avalon
List Price
$4,999,999
Sold Price
$4,750,000
Premium/Discount to List
-$249,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Sep 23, 2010
Sold by
Biello Patricia
Bought by
Burns Patrick J and Burns Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.41%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 29, 1989
Sold by
Freeman Richard and Freeman Susan
Bought by
Certa Kenneth and Certa Marie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,750,000 None Available
Deed $475,000,000 None Available
Deed $2,150,000 None Available
Quit Claim Deed $286,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,500 New Conventional
Previous Owner $1,431,152 Future Advance Clause Open End Mortgage
Previous Owner $2,800,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,100,000 Construction
Previous Owner $1,500,000 New Conventional
Previous Owner $230,431 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $252,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $4,750,000 -3.1% $905 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $4,900,000 +3.2% $933 / Sq Ft
10/28/2016 10/28/16 Sold $4,750,000 -5.0% $905 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $4,999,999 -- $952 / 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 $28,775 $4,686,500 $2,400,000 $2,286,500
2023 $28,541 $4,686,500 $2,400,000 $2,286,500
2022 $26,619 $4,686,500 $2,400,000 $2,286,500
2021 $25,635 $4,686,500 $2,400,000 $2,286,500
2020 $24,651 $4,686,500 $2,400,000 $2,286,500
2019 $23,901 $4,686,500 $2,400,000 $2,286,500
2018 $22,870 $4,686,500 $2,400,000 $2,286,500
2017 $19,025 $3,421,700 $1,700,000 $1,721,700
2016 $18,819 $3,421,700 $1,700,000 $1,721,700
2015 $18,511 $3,421,700 $1,700,000 $1,721,700
2014 $18,306 $3,421,700 $1,700,000 $1,721,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174604

Cape May County Association of REALTORS®

APN: 01-00085-0000-00018