NOT LISTED FOR SALE

4869 Ocean Dr Avalon, NJ 08202

Estimated Value: $1,992,000 - $3,286,000

3 Beds
2 Baths
1,200 Sq Ft
$1,993/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $875,000 $729 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $13,477/month

85 Days on Market

Highlights

  • Property near a bay
  • Island Location
  • Ranch Style House
  • Avalon Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of January 2017

This home is located at 4869 Ocean Dr, Avalon, NJ 08202 since 21 July 2016 and is currently estimated at $2,392,051, approximately $1,993 per square foot. This property was built in 1978. 4869 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Michael Powers

KELLER WILLIAMS REALTY JERSEY SHORE - AV License #8610395 Listed on: 07/21/2016

KELLER WILLIAMS REALTY JERSEY SHORE  - AV

Co-Listed By

Richard Roach

KELLER WILLIAMS REALTY JERSEY SHORE - AV License #0448108

Last Buyer's Agent

Jeffrey Kodytek

ISLAND REALTY GROUP LLC License #0122505

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 50 x 100
  • Fenced Yard
  • Interior Lot

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Storage
  • Outdoor Grill

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 7 / 48

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,600

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Furniture, See Remarks
  • Estimated Year Built: 1978
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 4869
  • Listing Office2: 594
  • Lot Size2: 50 x 100
  • Price per Sq Ft: 729.17
  • Selling Agent1: 912
  • Selling Office1: 386
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Wood Flooring, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1200
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Tan
  • Outside Features: Deck, Grill, Fenced Yard, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: 3 Car

Utilities

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

Lot Info

  • Lot Number: 7
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 3599.81
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Jan 11, 2017
Sold by
Lowry Thomas C and Lowry Rita K
Bought by
Summers Gary W and Benseler Stacey E
Seller's Agent
Michael Powers
KELLER WILLIAMS REALTY JERSEY SHORE - AV
Buyer's Agent
Jeffrey Kodytek
ISLAND REALTY GROUP LLC
List Price
$929,000
Sold Price
$875,000
Premium/Discount to List
-$54,000
-5.81%
Current Estimated Value
$2,392,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,517,051
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
May 13, 1992
Sold by
Watkin Jeffrey I and Watkin Laurie C
Bought by
Lowry Thomas C and Lowry Rita K

Purchase Details

Closed on
Feb 9, 1989
Sold by
Tennant Billy and Tennant Frances
Bought by
Watkin Jeffery and Watkin Laurie
Source: Public Records

Range of Values:

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Average Value
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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
Summers Gary W $875,000 Shore Title Agency Inc
Lowry Thomas C $232,000 --
Lowry Thomas C $232,000 --
Watkin Jeffery $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowry Thomas C $193,975
Previous Owner Lowry Thomas C $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $875,000 -5.8% $729 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $929,000 -- $774 / 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 $5,331 $868,300 $823,300 $45,000
2024 $5,331 $868,300 $823,300 $45,000
2023 $5,288 $868,300 $823,300 $45,000
2022 $4,932 $868,300 $823,300 $45,000
2021 $4,428 $868,300 $823,300 $45,000
2020 $4,567 $868,300 $823,300 $45,000
2019 $4,428 $868,300 $823,300 $45,000
2018 $4,069 $833,800 $823,300 $10,500
2017 $3,700 $665,400 $649,100 $16,300
2016 $3,660 $665,400 $649,100 $16,300
2015 $3,600 $665,400 $649,100 $16,300
2014 $3,560 $665,400 $649,100 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171447

Cape May County Association of REALTORS®

APN: 01-00048-04-00007