NOT LISTED FOR SALE

475 42nd St Avalon, NJ 08202

Estimated Value: $5,290,216 - $6,842,000

6 Beds
6 Baths
5,159 Sq Ft
$1,183/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $2,300,000 $446 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $32,915/month

204 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Cathedral Ceiling

About This Home

As of March 2016

Expansive, very custom home offering sensational water and wetland views situated an oversize lot. The home was built by the current owner as their primary home which has never been rented and it shows! The spacious, upside-down design has over 5,100 square feet of living space with six large bedrooms with six and half custom baths. The two story entrance with custom elliptical staircase is breathtaking. First floor has three bedrooms, an ensuite bath, Jack-N-Jill bath and a fabulous full bath for the pool area. The first floor family room is expansive with direct access to a sensational wet bar/kitchen area that also serves as a cabana and a spacious covered porch with mahogany ceiling. The pool is oversized and is surrounded by fabulous entertaining space covered with "cool decking" so it is comfortable to walk on. The second floor great room is vaulted and offers unobstructed water views. The granite kitchen is large, has beautiful wood cabinets, state-of-the-art appliances and a spacious pantry. The living room/dining area has a stone fireplace, access to a spacious waterfront deck, Brazilian cherry floors and is very bright. There are two large bedrooms with ensuite baths, beautiful powder room and a sensational, custom built theater room with 103' screen, sound proofing, ample speakers and room darkening panels. The third floor has a large master bedroom, sitting area with fireplace, his and hers closets, spacious waterfront deck and a custom master bath with glass block shower. Special custom features include hot tub, distributed audio throughout, rack system for audio. seven zone HVAC, spray foam insulation, state-of-the-art lighting, separate detached storage, two car garage with Garage TEK, paver entry, custom mahogany door and fabulous, mature landscaping. Home sold tastefully furnished less personal items.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 08/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,293

Year Built

  • Built in 2006

Lot Details

  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Property is zoned R-1B

Parking

  • 1 Car Attached Garage

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 5,159 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Water Views
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 83

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,293

Year Built

Built in 2006

Lot Details

8,451 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Security System, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 12
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 5159
  • Other Rooms: Kitchen, Den/TV Room, Recreation/Family, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Outside Features: Deck, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached

Utilities

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

Lot Info

  • Lot Number: 1
  • Lot Size: 69' x 116'
  • Sub Lot: 02
  • Total Assessment: 1924100
  • Zoning: R-1B
  • Lot Size Range: 10000-20000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 10293.94
  • Assessor Parcel Number: 01000830000000010002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Mar 31, 2016
Sold by
Kapp Kevin and Kapp Trisha
Bought by
Hand Paul Joseph and Voellm Lisa Karen
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Current Estimated Value
$6,101,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,801,804
Avg. Annual Appreciation
10.29%
Original Mortgage
$1,000,000
Outstanding Balance
$793,656
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$5,308,148

Purchase Details

Closed on
Oct 14, 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hand Paul Joseph $2,300,000 None Available
-- $747,600 --
Kapp Kevin $747,576 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hand Paul Joseph $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $2,300,000 -7.8% $446 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
08/10/2015 08/10/15 For Sale $2,495,000 -- $484 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $13,992 $2,278,800 $787,500 $1,491,300
2024 $13,992 $2,278,800 $787,500 $1,491,300
2023 $13,878 $2,278,800 $787,500 $1,491,300
2022 $12,944 $2,278,800 $787,500 $1,491,300
2021 $12,465 $2,278,800 $787,500 $1,491,300
2020 $11,986 $2,278,800 $787,500 $1,491,300
2019 $11,622 $2,278,800 $787,500 $1,491,300
2018 $11,121 $2,278,800 $787,500 $1,491,300
2017 $10,698 $1,924,100 $573,800 $1,350,300
2016 $10,583 $1,924,100 $573,800 $1,350,300
2015 $10,409 $1,924,100 $573,800 $1,350,300
2014 $10,294 $1,924,100 $573,800 $1,350,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 165553

Cape May County Association of REALTORS®

APN: 01-00083-0000-00001-02

Your Personal Tour Guide

Ask me questions while you tour the home.