J
Seller's Agent in 2015
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
(609) 778-8656
133 in this area
162 Total Sales
4788 Ocean Dr Avalon, NJ 08202
Estimated Value: $7,337,000 - $8,472,784
5
Beds
2
Baths
1,748
Sq Ft
$4,534/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Boat Slip
- Baseboard Heating
- Avalon Elementary School Rated A
- Deck
- Wood Siding
About This Home
As of April 2015Spectacular bayfront site centrally located with beach access, western exposure, and beautiful sunset views! This enormous 15,000 square foot lot will allow for a new 10,500 foot home, leaving plenty of room for a bayside swimming pool. Located at the end of a picturesque harbor, the south-western views go on for miles. Best of all, one the most private and wide beaches in town is located right down 48th Street - just a short, one block walk from your front door. This site also affords the opportunity to build a home in accordance with new FEMA guidelines, minimizing flood insurance rates. Don't miss this opportunity! The existing home is offered as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,897
Year Built
- Built in 1964
Lot Details
- Property Fronts a Bay or Harbor
- Property is zoned R-1B
Home Design
- Wood Siding
Interior Spaces
- 1,748 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Water Views
- Crawl Space
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Bulkhead
- Boat Slip
- Deck
Utilities
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 1 / 42
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2013
Closed on
Mar 27, 2015
Sold by
Morrissey Thomas M and Morrissey Michael M
Bought by
Smith James T and Klebanoff Debra I
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$2,195,000
Sold Price
$1,675,000
Premium/Discount to List
-$520,000
-23.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,250,595
Avg. Annual Appreciation
15.67%
Original Mortgage
$251,250
Outstanding Balance
$193,276
Interest Rate
3.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$7,732,319
Purchase Details
Closed on
Sep 27, 2010
Sold by
Estate Of Catherine Guarino and Morrissey Thomas
Bought by
Morrissey Thomas M and Morrissey Michael M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith James T | $1,675,000 | Seaboard Title Agency | |
| Morrissey Thomas M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith James T | $251,250 | |
| Open | Smith James T | $1,172,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2015 04/06/15 | Sold | $1,675,000 | -23.7% | $958 / Sq Ft |
| 03/07/2015 03/07/15 | Pending | -- | -- | -- |
| 04/09/2013 04/09/13 | For Sale | $2,195,000 | -- | $1,256 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $24,254 | $3,950,200 | $1,575,000 | $2,375,200 |
| 2024 | $24,254 | $3,950,200 | $1,575,000 | $2,375,200 |
| 2023 | $24,057 | $3,950,200 | $1,575,000 | $2,375,200 |
| 2022 | $22,437 | $3,950,200 | $1,575,000 | $2,375,200 |
| 2021 | $20,146 | $3,950,200 | $1,575,000 | $2,375,200 |
| 2020 | $20,778 | $3,950,200 | $1,575,000 | $2,375,200 |
| 2019 | $20,146 | $3,950,200 | $1,575,000 | $2,375,200 |
| 2018 | $19,277 | $3,950,200 | $1,575,000 | $2,375,200 |
| 2017 | $20,213 | $3,635,400 | $1,600,000 | $2,035,400 |
| 2016 | $8,829 | $1,605,300 | $1,600,000 | $5,300 |
| 2015 | $9,152 | $1,691,600 | $1,600,000 | $91,600 |
| 2014 | -- | $1,691,600 | $1,600,000 | $91,600 |
Source: Public Records
Agents Affiliated with this Home
-
John (Jack) Binder Jr
Map
Source: Cape May County Association of REALTORS®
MLS Number: 151146
APN: 01-00042-05-00001
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