NOT LISTED FOR SALE

4868 Ocean Dr Avalon, NJ 08202

Estimated Value: $6,855,000 - $8,843,569

6 Beds
6 Baths
1,248 Sq Ft
$6,370/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $6,300,000 $5,048 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $43,738/month

35 Days on Market

Highlights

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

About This Home

As of September 2020

Art work is excluded.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 06/17/2020

Last Buyer's Agent

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 06/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,926

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 60' x 290'
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Property is zoned R-1B

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Patio

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 2 / 48.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,926

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2019
  • New Construction: No
  • Lot Size2: 60' x 290'
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Security System, Walk in Closet
  • Total Bathrooms: 6.3
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 12
  • Basement: Crawl Space
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Outside Features: Patio, Deck, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 2
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 999999
  • Zoning: R-1B

Tax Info

  • Taxes: 10926.24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Sep 18, 2020
Sold by
Mullett Conor T and Mullett Claudia W
Bought by
Sheilds Patrick J and Shields Margaret M
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$6,495,000
Sold Price
$6,300,000
Premium/Discount to List
-$195,000
-3%
Current Estimated Value
$7,949,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,649,523
Avg. Annual Appreciation
4.44%

Purchase Details

Listed on
May 10, 2018
Closed on
May 15, 2018
Sold by
Robinson John B
Bought by
Mullett Conor T and Mullett Cluadiaa W
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$2,250,000
Sold Price
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.69%
Original Mortgage
$1,575,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 10, 2018
Closed on
May 9, 2018
Sold by
Avalon Borough Of
Bought by
Jean M Robinson Ret
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$2,250,000
Sold Price
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2009
Sold by
Robinson Ivan M and Robinson Jean M
Bought by
Robinson Ivan M and Robinson Jean M

Purchase Details

Closed on
Oct 28, 2005
Sold by
Robinson Jean M
Bought by
Robinson I Maxwell and Robinson Jean M

Purchase Details

Closed on
Sep 16, 1991
Sold by
Robinson Robinson I and Robinson Jean M
Bought by
Robinson,Jean M Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sheilds Patrick J $6,300,000 None Available
Sheilds Patrick J $6,300,000 None Available
Mullett Conor T $2,250,000 --
Jean M Robinson Ret -- --
Robinson Ivan M -- None Available
Robinson I Maxwell -- --
Robinson,Jean M Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullett Conor T $1,575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2020 09/21/20 Sold $6,300,000 -3.0% $5,048 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $6,495,000 +188.7% $5,204 / Sq Ft
05/15/2018 05/15/18 Sold $2,250,000 0.0% $1,803 / Sq Ft View Prior Sale
05/10/2018 05/10/18 For Sale $2,250,000 -- $1,803 / 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 $29,500 $4,804,600 $2,137,500 $2,667,100
2024 $29,500 $4,804,600 $2,137,500 $2,667,100
2023 $29,260 $4,804,600 $2,137,500 $2,667,100
2022 $27,290 $4,804,600 $2,137,500 $2,667,100
2021 $26,281 $4,804,600 $2,137,500 $2,667,100
2020 $25,272 $4,804,600 $2,137,500 $2,667,100
2019 $10,926 $2,142,400 $2,137,500 $4,900
2018 $10,513 $2,154,300 $2,137,500 $16,800
2017 $11,885 $2,137,600 $2,113,700 $23,900
2016 $11,757 $2,137,600 $2,113,700 $23,900
2015 $11,564 $2,137,600 $2,113,700 $23,900
2014 $11,436 $2,137,600 $2,113,700 $23,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202032

Cape May County Association of REALTORS®

APN: 01-00048-05-00002