C
Seller's Agent in 2015
Craig Soens
FERGUSON-DECHERT, INC
(215) 982-0372
29 in this area
56 Total Sales
479 24th St Avalon, NJ 08202
Estimated Value: $2,238,000 - $4,498,000
5
Beds
2
Baths
1,544
Sq Ft
$2,402/Sq Ft
Est. Value
Highlights
- Docks
- Property Fronts a Bay or Harbor
- Island Location
- Avalon Elementary School Rated A
- Boat Slip
- Deck
About This Home
As of September 2015BAY FRONT SINGLE FAMILY AT A TOWNHOUSE PRICE. This 5 bedroom 2 bath refurbished Avalon Upside Down Style is the ultimate opportunity for the bay front enthusiast. Enjoy a quiet location with a dock and 2 deep water boat slips for large boats and most types of water craft. Quick easy access out to the main bay while cruising to the popular back bay fishing spots or to the inlet and ocean. Multiple decks offering fantastic bay views and breezes. Relax and enjoy the casualness of the home or make it your future site to build a new 3 story home. Plenty of off street parking as well as parking on the street. Strong rental history $32,000 for the 2014 season to a repeat family and plenty of space for a large family. This one won't last long, there are only so many bay fronts available and it would be hard to find any in this prime location at such an affordable price.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,616
Lot Details
- 5,184
Parking
- Stone Driveway
Home Design
- Asbestos Siding
- Asphalt
Interior Spaces
- 2-Story Property
- Furnished
- Window Treatments
- Great Room
- Living Room
- Dining Area
- Den
- Storage
- Water Views
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Oven
- Stove
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Bulkhead
- Boat Slip
- Docks
- Deck
- Outdoor Storage
- Outdoor Grill
Utilities
- Central Air
- Baseboard Heating
- Electric Water Heater
- Cable TV Available
Additional Features
- Property Fronts a Bay or Harbor
- Island Location
Listing and Financial Details
- Legal Lot and Block 126 / 23.06
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 15, 2016
Sold by
Dershem Michael K and Dershem Jonel M
Bought by
Dershem Michael K and Dershem Jonel M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.66%
Purchase Details
Listed on
Mar 17, 2015
Closed on
Sep 18, 2015
Sold by
479 24Th Street Llc
Bought by
Dershem Michael K and Dershem Jonel M
Seller's Agent
Craig Soens
FERGUSON-DECHERT, INC
List Price
$1,395,000
Sold Price
$1,360,000
Premium/Discount to List
-$35,000
-2.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Purchase Details
Closed on
Nov 16, 2009
Sold by
Kurian Robert and Kurian Christina
Bought by
479 24Th Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2006
Sold by
Francis Raymond A and Francis Lena K
Bought by
Kurian Robert and Kurian Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,755,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 1992
Sold by
Francis Jr Raymond A and Francis Lena K
Bought by
Francis Raymond A and Francis Lena K
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dershem Michael K | -- | None Available | |
| Dershem Michael K | $1,360,000 | Seboard Title Agency | |
| 479 24Th Street Llc | $1,360,000 | Seaboard Title Agency | |
| Kurian Robert | $1,755,000 | None Available | |
| Francis Raymond A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 479 24Th Street Llc | $1,000,000 | |
| Previous Owner | Kurian Robert | $1,755,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2015 09/18/15 | Sold | $1,360,000 | -2.5% | $881 / Sq Ft |
| 08/19/2015 08/19/15 | Pending | -- | -- | -- |
| 03/17/2015 03/17/15 | For Sale | $1,395,000 | -- | $903 / 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 | $14,769 | $2,405,300 | $1,200,000 | $1,205,300 |
| 2024 | $14,769 | $2,405,300 | $1,200,000 | $1,205,300 |
| 2023 | $14,648 | $2,405,300 | $1,200,000 | $1,205,300 |
| 2022 | $13,662 | $2,405,300 | $1,200,000 | $1,205,300 |
| 2021 | $13,157 | $2,405,300 | $1,200,000 | $1,205,300 |
| 2020 | $12,652 | $2,405,300 | $1,200,000 | $1,205,300 |
| 2019 | $12,267 | $2,405,300 | $1,200,000 | $1,205,300 |
| 2018 | $11,738 | $2,405,300 | $1,200,000 | $1,205,300 |
| 2017 | $6,871 | $1,235,800 | $1,230,000 | $5,800 |
| 2016 | $6,797 | $1,235,800 | $1,230,000 | $5,800 |
| 2015 | $6,805 | $1,257,800 | $1,230,000 | $27,800 |
| 2014 | $6,729 | $1,257,800 | $1,230,000 | $27,800 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Soens
Map
Source: Cape May County Association of REALTORS®
MLS Number: 162874
APN: 01-00023-06-00126
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