NOT LISTED FOR SALE

498 7th St Avalon, NJ 08202

Estimated Value: $5,764,000 - $7,315,962

6 Beds
5 Baths
4,244 Sq Ft
$1,559/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $5,995,000 $1,413 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $36,496/month

123 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Cape Cod Architecture
  • Avalon Elementary School Rated A
  • Boat Slip
  • Deck

About This Home

As of December 2021

This home is located at 498 7th St, Avalon, NJ 08202 since 14 June 2021 and is currently estimated at $6,617,987, approximately $1,559 per square foot. This property was built in 2011. 498 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Susan Heenan

Tim Kerr Sotheby's International Realty License #0336951 Listed on: 06/14/2021

Last Buyer's Agent

John (Jack) Binder Jr

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,435

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 100 x 110
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Sprinkler System

Home Design

  • Cape Cod Architecture
  • Upside Down Style Home

Interior Spaces

  • 4,244 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 114 / 7 06

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,435

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Bulk Head
  • District Township: 01-Avalon Borough
  • Near: Bay Front
  • Also Includes: Rugs, Furniture, Window Treatments
  • Estimated Year Built: 2011
  • New Construction: No
  • Lot Size2: 100 x 110
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Marble Flooring, Tile Flooring
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 12
  • Estimated Living Sq Ft: 4244
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room, Library/Study, Great Room

Exterior Features

  • Construction: Cape Cod, Upside Down, Three Story
  • Exterior: Shingle
  • Frontage: 100
  • Outside Features: Deck, Enclosed/Covered Patio, Screened Porch, Grill, Fenced Yard, Storage Building, Dock, Bulkhead, Cable TV, Outside Shower, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 114
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 19435.17
  • Tax Year: 2020

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Dec 17, 2021
Sold by
Whitmore William C and Whitmore Jeanne L
Bought by
Kelleher David and Kelleher Marlo P
Seller's Agent
Susan Heenan
Tim Kerr Sotheby's International Realty
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$5,995,000
Sold Price
$5,995,000
Current Estimated Value
$6,617,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,987
Avg. Annual Appreciation
2.47%
Original Mortgage
$4,196,500
Outstanding Balance
$3,852,912
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,765,075

Purchase Details

Closed on
Mar 15, 2003
Sold by
Prince Charles
Bought by
Whitmore William C and Whitmore Jeanne L

Purchase Details

Closed on
Nov 21, 2001
Sold by
Vezin Donovan
Bought by
Prince Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelleher David $5,995,000 None Available
Whitmore William C $1,750,000 --
Prince Charles $1,725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelleher David $4,196,500
Previous Owner Prince Charles $1,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $5,995,000 0.0% $1,413 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $5,995,000 -- $1,413 / 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 $22,687 $3,694,900 $2,300,000 $1,394,900
2024 $22,687 $3,694,900 $2,300,000 $1,394,900
2023 $22,502 $3,694,900 $2,300,000 $1,394,900
2022 $20,987 $3,694,900 $2,300,000 $1,394,900
2021 $20,211 $3,694,900 $2,300,000 $1,394,900
2020 $19,435 $3,694,900 $2,300,000 $1,394,900
2019 $18,844 $3,694,900 $2,300,000 $1,394,900
2018 $18,031 $3,694,900 $2,300,000 $1,394,900
2017 $18,272 $3,286,400 $1,875,000 $1,411,400
2016 $18,075 $3,286,400 $1,875,000 $1,411,400
2015 $17,779 $3,286,400 $1,875,000 $1,411,400
2014 $17,582 $3,286,400 $1,875,000 $1,411,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 212145

Cape May County Association of REALTORS®

APN: 01-00007-06-00114