NOT LISTED FOR SALE

472 22nd St Avalon, NJ 08202

Estimated Value: $3,179,000 - $7,428,000

6 Beds
4 Baths
3,530 Sq Ft
$1,424/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $3,585,000 $1,016 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $29,011/month

106 Days on Market

Highlights

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

About This Home

As of July 2020

Property is under construction. Appointment required and agent must accompany. Property will be completed by the end of June.

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 02/21/2020

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,190

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 40 x 130
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Property is zoned R2B

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3,530 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Gas Fireplace
  • Great Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 125.01,125 / 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,190

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Bulk Head
  • District Township: 01-Avalon Borough
  • Near: Bay & Town
  • Also Includes: Furniture
  • Estimated Year Built: 2020
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: Yes
  • Second Address Number: 472
  • Lot Size2: 40 x 130
  • Price per Sq Ft: 1015.58
  • Selling Agent1: 191
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Walk in Closet, Tile Flooring
  • Total Bathrooms: 4.2
  • Full Bathrooms: 4
  • Bedrooms: 6
  • Total Rooms: 17
  • Basement: See Remarks
  • Estimated Living Sq Ft: 3530
  • Other Rooms: Kitchen, Recreation/Family, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Shingle, Other
  • Frontage: 40
  • House Color: Plaster White
  • Outside Features: Deck, Fenced Yard, Dock, Bulkhead, Outside Shower, In Ground Pool, Boat Slips

Garage/Parking

  • Parking Garage: 3 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 125.01,125
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: 06
  • Sub Lot: 01
  • Zoning: R2B

Tax Info

  • Taxes: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jul 3, 2020
Sold by
Av 22 Llc
Bought by
Mele Andrew J and Mele Christine L
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$3,695,000
Sold Price
$3,585,000
Premium/Discount to List
-$110,000
-2.98%
Current Estimated Value
$5,025,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,440,216
Avg. Annual Appreciation
6.78%
Original Mortgage
$2,868,000
Outstanding Balance
$2,548,815
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,476,401

Purchase Details

Listed on
Dec 8, 2018
Closed on
Sep 13, 2019
Sold by
Matthias Robert F and Matthias Karen A
Bought by
Av 22 Llc
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$1,595,000
Sold Price
$1,375,000
Premium/Discount to List
-$220,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
226.45%
Original Mortgage
$1,785,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2001
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 Buyer Sale Price Title Company
Mele Andrew J $3,585,000 None Available
Av 22 Llc $1,375,000 Seaboard Title Agency
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mele Andrew J $2,868,000
Closed Mele Andrew J $2,868,000
Previous Owner Av 22 Llc $1,785,000
Previous Owner Matthias Robert F $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2020 07/03/20 Sold $3,585,000 -3.0% $1,016 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $3,695,000 +168.7% $1,047 / Sq Ft
09/13/2019 09/13/19 Sold $1,375,000 -13.8% $1,535 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
12/08/2018 12/08/18 For Sale $1,595,000 -- $1,780 / 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
2025 $20,190 $3,288,200 $1,200,000 $2,088,200
2024 $20,190 $3,288,200 $1,200,000 $2,088,200
2023 $20,025 $3,288,200 $1,200,000 $2,088,200
2022 $18,677 $3,288,200 $1,200,000 $2,088,200
2021 $17,986 $3,288,200 $1,200,000 $2,088,200
2020 $6,317 $1,201,000 $1,200,000 $1,000
2019 $6,163 $1,208,400 $1,200,000 $8,400
2018 $5,897 $1,208,400 $1,200,000 $8,400
2017 $6,635 $1,193,300 $1,180,000 $13,300
2016 $6,563 $1,193,300 $1,180,000 $13,300
2015 $6,456 $1,193,300 $1,180,000 $13,300
2014 $6,384 $1,193,300 $1,180,000 $13,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201697

Cape May County Association of REALTORS®

APN: 01 00022- 06-00125- 01