NOT LISTED FOR SALE

488 Avalon Blvd Avalon, NJ 08202

Estimated Value: $625,000 - $1,178,000

1 Bed
1 Bath
-- Sq Ft
30,056 Sq Ft Lot

Sale Details

Date Sold: October 8, 2021

Last sale price $470,000

Est. 77% increase in value since last sale

Current estimated payment $5,088 / mo

244 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Ranch Style House
  • Living Room
  • Deck
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of October 2021

Tenant occupied owner must accompany.

Last Agent to Sell the Property

Gail Wilsey-Morrison, CRS, ABR

LONG & FOSTER REAL ESTATE, INC cm Listed on: 10/02/2020

Last Buyer's Agent

April Vanaman

LONG & FOSTER REAL ESTATE, INC cm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,033

Lot Details

  • Lot Dimensions are 30 x 131
  • Property Fronts a Bay or Harbor
  • Property is zoned CD

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Bulkhead
  • Deck
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 29 / 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,033

Lot Details

0.69 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View, Bulk Head
  • District Township: 06-Middle Township
  • Near: Avalon
  • New Construction: No
  • Lot Size2: 30 x 131
  • OFFICELIST_STATE: NJ
  • Street Designation: Boulevard
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Oven
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Total Rooms: 5
  • Other Rooms: Living Room, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • House Color: White
  • Outside Features: Deck, Storage Building, Bulkhead, Cable TV

Garage/Parking

  • Parking Garage: 2 Car

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 29
  • Lot Size: 1 to 6000 SqFt
  • Zoning: CD

Tax Info

  • Taxes: 6033
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 18, 2021
Sold by
Jlc Cape May Llc
Bought by
Mcmahon Michael J and Mcmahon Colleen D
Seller's Agent
Gail Wilsey-Morrison, CRS, ABR
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
April Vanaman
LONG & FOSTER REAL ESTATE, INC cm
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$830,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,870
Avg. Annual Appreciation
13.59%
Original Mortgage
$315,000
Outstanding Balance
$287,251
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$543,619

Purchase Details

Closed on
Jul 29, 2015
Sold by
Casale Daniel A
Bought by
Jlc Cape May Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,115,000
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2013
Sold by
Bankert Rosen Karen
Bought by
Rosen Bruce J and Bankert Rosen Karen

Purchase Details

Closed on
Jan 5, 2011
Sold by
Casale Daniel A and Casale Joan
Bought by
The State Of New Jersey

Purchase Details

Closed on
Feb 14, 2008
Sold by
Rosen Bruce J and Bankert Rosen Karen
Bought by
Bankert Rosen Karen

Purchase Details

Closed on
Jun 1, 2007
Sold by
Suders Laura
Bought by
Casale Daniel A and Casale Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Bond Joseph M and Bond Linda E
Bought by
Rosen Bruce J and Bankert Rosen Karen

Purchase Details

Closed on
Jun 1, 1998
Sold by
Hampton Emma E
Bought by
Bond Joseph M and Bond Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcmahon Michael J $470,000 None Available
Jlc Cape May Llc -- The Title Company Of Jersey
Rosen Bruce J -- None Available
The State Of New Jersey -- None Available
Bankert Rosen Karen -- None Available
Casale Daniel A $525,000 Title Alliance Of Cape May C
Rosen Bruce J $525,000 --
Bond Joseph M $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Michael J $315,000
Previous Owner Jlc Cape May Llc $1,115,000
Previous Owner Casale Daniel A $446,250
Previous Owner Bond Joseph M $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $470,000 -1.1% --
06/03/2021 06/03/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $475,000 -- --
Source: Cape May County Association of REALTORS®

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 $7,358 $348,900 $292,500 $56,400
2024 $7,358 $348,900 $292,500 $56,400
2023 $7,173 $348,900 $292,500 $56,400
2022 $6,968 $348,900 $292,500 $56,400
2021 $6,323 $324,400 $292,500 $31,900
2020 $6,193 $324,400 $292,500 $31,900
2019 $6,034 $324,400 $292,500 $31,900
2018 $5,940 $324,400 $292,500 $31,900
2017 $5,820 $324,400 $292,500 $31,900
2016 $5,674 $324,400 $292,500 $31,900
2015 $5,632 $324,400 $292,500 $31,900
2014 $5,596 $324,400 $292,500 $31,900
Source: Public Records

Agents Affiliated with this Home

  • Gail Wilsey-Morrison, CRS, ABR

    Seller's Agent in 2021

    Gail Wilsey-Morrison, CRS, ABR

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 884-1007

    10 in this area

    83 Total Sales

    Gail Wilsey-Morrison, CRS, ABR
    Section Image

  • A

    Buyer's Agent in 2021

    April Vanaman

    LONG & FOSTER REAL ESTATE, INC cm

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 203814

Cape May County Association of REALTORS®

APN: 06-00017-0000-00029

New Jersey Cape May County Avalon 08202

488 Avalon Blvd, Avalon, NJ

Not Listed for Sale

Detached

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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