$4,750,000
SOLD OCT 28, 2016

4510 5th Ave Avalon, NJ 08202

5 Beds
5 Baths
5,251 Sq Ft
1.38 Acres

Recently Sold

$905 Per Sq Ft

5% Below List Price

165 Days on Market

Highlights

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

About This Home

As of May 2017

DREAMY BAYFRONT PARADISE AWAITS YOU THIS SUMMER 2016! Located on the West side of Fifth Avenue on spacious and inviting Bluefish Harbor, this thoughtfully designed and impeccably decorated & furnished, bayfront home offers 5 bedrooms, 5 full bathrooms and 2 powder rooms, and so many other amazing features and amenities; highlighted by the most impressive outdoor bayside living space that you will find on the Island. It's perfect for entertaining, cooking, eating and relaxing from morning to midnight. The heated pool and Jacuzzi stay sun~drenched until sunset and the dock system features a large sunshelf, 3 floating docks, 2 jetski docks and boat lift. The first floor features a 3-story expansive foyer, 3 large bedrooms each with their own bathroom, a step down family room & powder/pool changing room for guests. The second floor consists of a gourmet kitchen with ample cabinetry, island with plenty of seating for family and friends, high-end appliances, a large great room with gas fireplace and vaulted ceiling leading to the over-sized waterfront deck; the 4th bedroom, pantry and powder room. The third floor features a luxurious master bedroom overlooking the water, a large master bathroom, exercise room, with large closets. Other interior features include a 4-stop elevator, wide plank oak flooring t/o, a sweeping staircase, glass-enclosed showers with beautiful tile and countertops, and custom woodwork. Exterior amenities include cedar shake siding, stonework, travertine walkways, privacy landscaping and 5 car off-street parking and garage. This home was built using the highest quality materials and captures the true essence of beach living from the design to the wonderful feeling that you have after spending time at this special bayfront masterpiece. Interior design consulting by Barbara Balongue Design, Wayne, PA.

Last Listed By

John O'Dea

COMPASS RE - Avalon License #0571252 Listed on: 04/16/2016

COMPASS RE - Avalon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,511

Year Built

  • Built in 2011

Lot Details

  • 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
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Outdoor Grill

Location

  • Island Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 85

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,511

Year Built

Built in 2011

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
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Fireplace Equipment, Furniture
  • Estimated Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

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

Exterior Features

  • Construction: Three Story
  • Exterior: Shingle, Stone, Vinyl, Wood
  • Frontage: 60
  • Outside Features: Deck, Grill, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, In Ground Pool, 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, Electric, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 18
  • Lot Size: 60 x 155
  • Total Assessment: 3421700
  • Zoning: R-1B
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: > 18511.4

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%
Total Days on Market
165
Current Estimated Value
$7,721,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,971,186
Avg. Annual Appreciation
6.68%
Original Mortgage
$237,500
Outstanding Balance
$59,855
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$7,920,233

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: 169804

Cape May County Association of REALTORS®

APN: 01-00085-0000-00018