$1,800,000
SOLD OCT 23, 2017

4525 4th Ave Avalon, NJ 08202

4 Beds
2 Baths
1,836 Sq Ft
1.38 Acres

Recently Sold

$980 Per Sq Ft

5% Below List Price

145 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Avalon Elementary School Rated A
  • Cape Cod Architecture
  • Cathedral Ceiling

About This Home

As of May 2019

Additional attractive features include a quiet neighborhood zoned ONLY for single-family homes & beautiful long-water views to the south. The ideal Southeastern Exposure allows you the flexibility of enjoying the welcome morning & afternoon sun, while still being able to escape from the hot, late afternoon heat on those sweltering summer afternoons! The “right side up” floor plan maximizes your bay front enjoyment. The spacious deck on the bay side of the house expands the living/entertaining area – the deck drops down to a nice rear yard for those summer-time BBQs! There is a sprinkler system for the attractively landscaped exterior, tons of off-street parking & more!

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 04/29/2017

Last Buyer's Agent

Mark Marroletti

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,270

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 60' x 250'
  • Property Fronts a Bay or Harbor
  • Property is zoned R1-B

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Wood Flooring
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Docks
  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 49 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,270

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: Bayfront!
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 1969
  • New Construction: No
  • Second Address Number: 4525
  • Lot Size2: 60' x 250'
  • Price per Sq Ft: 980.39
  • Selling Agent1: 468
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1969

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Wood Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1836
  • Other Rooms: Living Room, Recreation/Family, Eat-In-Kitchen, Storage Attic

Exterior Features

  • Construction: Two Story, Cape Cod
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: Tan
  • Outside Features: Deck, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 49
  • Lot Size: 6001-10000 SqFt
  • Sub Block: 05
  • Zoning: R1-B

Tax Info

  • Taxes: 9270
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2017
Closed on
Oct 17, 2017
Sold by
R & R Nj Partners Llc
Bought by
Camaplan Administrator
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
Buyer's Agent
Mark Marroletti
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%
Total Days on Market
145
Current Estimated Value
$6,981,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,181,018
Avg. Annual Appreciation
18.99%

Purchase Details

Closed on
Nov 20, 2006
Sold by
Margolis Eric J and Margolis Margaret R
Bought by
Rishforth William L and R & R Nj Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2000
Sold by
Sarshik Harold D
Bought by
Margolis Eric J and Margolis Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.69%

Purchase Details

Closed on
Apr 17, 1998
Sold by
Kane Andrew I
Bought by
Sarshik Harold D and Sarshik Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.11%

Purchase Details

Closed on
Oct 25, 1991
Sold by
New Jersey Dep
Bought by
Kane Andrew I and Kane Jean M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,800,000 --
Deed $1,800,000 Seaboard Title
Deed $850,000 --
Deed $535,000 --
Quit Claim Deed $7,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,869,406 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,440,000 Unknown
Previous Owner $1,440,000 Purchase Money Mortgage
Previous Owner $450,000 No Value Available
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $4,000,000 -6.9% $2,179 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $4,295,000 +138.6% $2,339 / Sq Ft
10/23/2017 10/23/17 Sold $1,800,000 -5.0% $980 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $1,895,000 -- $1,032 / 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 $23,777 $3,872,500 $1,700,000 $2,172,500
2023 $23,584 $3,872,500 $1,700,000 $2,172,500
2022 $21,996 $3,872,500 $1,700,000 $2,172,500
2021 $21,183 $3,872,500 $1,700,000 $2,172,500
2020 $20,369 $3,872,500 $1,700,000 $2,172,500
2019 $8,686 $1,703,200 $1,700,000 $3,200
2018 $8,312 $1,703,200 $1,700,000 $3,200
2017 $9,371 $1,685,500 $1,600,000 $85,500
2016 $9,270 $1,685,500 $1,600,000 $85,500
2015 $9,119 $1,685,500 $1,600,000 $85,500
2014 $9,017 $1,685,500 $1,600,000 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175996

Cape May County Association of REALTORS®

APN: 01-00042-05-00049