J
Seller's Agent in 2017
Jack Binder
FERGUSON-DECHERT, INC
(609) 967-4200
138 in this area
172 Total Sales
4838 Ocean Dr Avalon, NJ 08202
Estimated Value: $6,826,000 - $9,049,928
7
Beds
7
Baths
6,000
Sq Ft
$1,356/Sq Ft
Est. Value
Highlights
- Docks
- Property Fronts a Bay or Harbor
- Newly Remodeled
- Avalon Elementary School Rated A
- Boat Slip
- In Ground Pool
About This Home
As of June 2017(cont) Wide plank white oak floors cover the entire home and will be finished onsite. All bathrooms with showers are outfitted with Kerdi-Line low profile shower drains and rain shower heads. The home has four zones of heat and air, with four individual compressors. One of those compressors is exclusively dedicated to the first floor family room, meaning you can open the nana door and close the interior double glass doors to the rest of the house, and not impact the entire house’s temperature. Perhaps the most unique feature of this very special property is that it is located just one block from the 48th Street beach path, one of the most exclusive beaches on the island. Expected completion is the beginning of 2017. Property is sold unfurnished.
Home Details
Home Type
- Single Family
Year Built
- Built in 2016 | Newly Remodeled
Lot Details
- Lot Dimensions are 60 x 290
- Property Fronts a Bay or Harbor
- Fenced Yard
- Sprinkler System
- Property is zoned R-1B
Parking
- 2 Car Attached Garage
Home Design
- Upside Down Style Home
Interior Spaces
- 6,000 Sq Ft Home
- 3-Story Property
- Elevator
- Bar
- Cathedral Ceiling
- Gas Fireplace
- Living Room
- Dining Room
- Wood Flooring
- Water Views
- Crawl Space
Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- Walk-In Closet
- 7 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
- Outdoor Shower
Outdoor Features
- Property is near a beach
- Bulkhead
- Boat Slip
- Docks
- Deck
- Enclosed Patio or Porch
- Outdoor Grill
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Water Heated On Demand
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 3 / 48
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2016
Closed on
May 30, 2017
Sold by
Pellacon Properties Llc
Bought by
Rufo Toni Varallo
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
John A. McCann
C. A. McCANN & SONS
List Price
$5,395,000
Sold Price
$5,025,000
Premium/Discount to List
-$370,000
-6.86%
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
$3,108,976
Avg. Annual Appreciation
6.22%
Purchase Details
Listed on
Dec 8, 2014
Closed on
Oct 15, 2015
Sold by
Kalmbach Phensiri
Bought by
Pellacon Properties Llc
Seller's Agent
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
List Price
$1,975,000
Sold Price
$1,775,000
Premium/Discount to List
-$200,000
-10.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.89%
Purchase Details
Closed on
Nov 1, 2002
Purchase Details
Closed on
Oct 11, 1996
Sold by
Kalmbach James B
Bought by
Kalmbach Albert W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.07%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rufo Toni Varallo | $5,025,000 | None Available | |
| Pellacon Properties Llc | $1,775,000 | Seaboard Title Agency | |
| -- | -- | -- | |
| Kalmbach Albert W | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Steedley Frank | $50,000 | |
| Previous Owner | Kalmbach Albert W | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2017 06/09/17 | Sold | $5,025,000 | -6.9% | $838 / Sq Ft |
| 05/10/2017 05/10/17 | Pending | -- | -- | -- |
| 08/29/2016 08/29/16 | For Sale | $5,395,000 | +203.9% | $899 / Sq Ft |
| 10/15/2015 10/15/15 | Sold | $1,775,000 | -10.1% | $1,782 / Sq Ft |
| 09/15/2015 09/15/15 | Pending | -- | -- | -- |
| 12/08/2014 12/08/14 | For Sale | $1,975,000 | -- | $1,983 / 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 | $31,149 | $5,073,200 | $2,137,500 | $2,935,700 |
| 2024 | $31,149 | $5,073,200 | $2,137,500 | $2,935,700 |
| 2023 | $30,896 | $5,073,200 | $2,137,500 | $2,935,700 |
| 2022 | $28,816 | $5,073,200 | $2,137,500 | $2,935,700 |
| 2021 | $27,750 | $5,073,200 | $2,137,500 | $2,935,700 |
| 2020 | $26,685 | $5,073,200 | $2,137,500 | $2,935,700 |
| 2019 | $25,873 | $5,073,200 | $2,137,500 | $2,935,700 |
| 2018 | $24,772 | $5,076,200 | $2,137,500 | $2,938,700 |
| 2017 | $11,775 | $2,117,800 | $2,113,700 | $4,100 |
| 2016 | $11,648 | $2,117,800 | $2,113,700 | $4,100 |
| 2015 | $11,539 | $2,132,900 | $2,113,700 | $19,200 |
| 2014 | $11,411 | $2,132,900 | $2,113,700 | $19,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Binder
-
John A. McCann
Buyer's Agent in 2017
John A. McCann
C. A. McCANN & SONS
(609) 408-8106
3 in this area
148 Total Sales
-
A
Seller's Agent in 2015
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
Map
Source: Cape May County Association of REALTORS®
MLS Number: 172016
APN: 01-00048-05-00003
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