NOT LISTED FOR SALE

471 7th St Avalon, NJ 08202

Estimated Value: $2,683,000 - $3,022,000

5 Beds
2 Baths
1,876 Sq Ft
$1,519/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $990,000 $528 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $15,760/month

70 Days on Market

Highlights

  • Water Views
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Living Room

About This Home

As of January 2016

Enjoy ocean and bay views from this single family home! You must see one of the most spectacular properties on the island. This home is located on the prestigious Yacht Club Drive. The current home includes 5 bedrooms and 2 full baths offering stunning unobstructed views. The home is conveniently located near the beach, O'Brien 8th Street playground, the Avalon Yacht Club, and Townsends Inlet. The upside down layout allows for plenty of family and guests. Wake up to the sunrise over the ocean on the second floor and spend all day sunbathing on the second floor wrap around deck. The private back yard allows plenty of room for a pool and cabana for future BBQs. The tennis, basketball and recreational fields on 8th street are only 2.5 blocks away. This is a special opportunity, don't miss out! Buy now and be ready for the 2016 Summer!

Last Listed By

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 10/14/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,429

Year Built

  • Built in 1984

Lot Details

  • 5,489

Home Design

  • Wood Siding

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Additional Features

  • Property is zoned R-1C
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 107 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,429

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Inlet, Bay, Beach
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Kitchen Center Island, Smoke/Fire Alarm, Wall to Wall Carpet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1876
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Frontage: 50
  • Outside Features: Deck, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 107
  • Lot Size: 50 x 110
  • Sub Lot: 107.01
  • Zoning: R-1C
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 6429.24
  • Assessor Parcel Number: 01000060006001070002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Jan 22, 2016
Sold by
Estate Of Thelma R Hall and Kramer Alberta K
Bought by
Corcoran John C and Corcoran Elizabeth
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$1,200,000
Sold Price
$990,000
Premium/Discount to List
-$210,000
-17.5%
Total Days on Market
70
Current Estimated Value
$2,849,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,859,180
Avg. Annual Appreciation
11.94%

Purchase Details

Closed on
Jun 28, 1986
Bought by
Hall Thelma R
Source: Public Records

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    John "Jack" Vizzard BERKSHIRE HATHAWAY HS FOX & ROACH - AV

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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 Buyer Sale Price Title Company
Corcoran John C $990,000 None Available
Hall Thelma R $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran John C $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2016 01/22/16 Sold $990,000 -17.5% $528 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $1,200,000 -- $640 / 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 $7,678 $1,250,500 $1,045,000 $205,500
2023 $7,616 $1,250,500 $1,045,000 $205,500
2022 $7,103 $1,250,500 $1,045,000 $205,500
2021 $6,840 $1,250,500 $1,045,000 $205,500
2020 $6,578 $1,250,500 $1,045,000 $205,500
2019 $6,378 $1,250,500 $1,045,000 $205,500
2018 $6,085 $1,246,900 $1,045,000 $201,900
2017 $6,608 $1,188,400 $1,000,000 $188,400
2016 $6,536 $1,188,400 $1,000,000 $188,400
2015 $6,429 $1,188,400 $1,000,000 $188,400
2014 $6,358 $1,188,400 $1,000,000 $188,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166728

Cape May County Association of REALTORS®

APN: 01-00006-06-00107-02