NOT LISTED FOR SALE

5049 Ocean Dr Avalon, NJ 08202

Estimated Value: $2,620,000 - $2,966,000

5 Beds
3 Baths
1,842 Sq Ft
$1,500/Sq Ft Est. Value

Last Sold January 10, 2017

Last sale price $862,500 $468 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $15,996/month

486 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Fenced Yard
  • Avalon Elementary School Rated A
  • Furnished
  • Interior Lot

About This Home

As of January 2017

This home is located at 5049 Ocean Dr, Avalon, NJ 08202 since 10 July 2015 and is currently estimated at $2,762,331, approximately $1,499 per square foot. This property was built in 1987. 5049 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Roger Soens

COMPASS RE - AV Dune Listed on: 07/10/2015

COMPASS RE - AV Dune

Last Buyer's Agent

Raymond Sampson

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 47' x 95'
  • Fenced Yard
  • Interior Lot
  • Property is zoned R-1B

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 1,842 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 7,9 etc. / 50

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,295

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1987
  • New Construction: No
  • Second Address Number: 5049
  • Lot Size2: 47' x 95'
  • Price per Sq Ft: 468.24
  • Selling Agent1: 692
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1842
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down
  • Exterior: Wood
  • Outside Features: Deck, Fenced Yard, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 7,9 etc.
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 989800
  • Zoning: R-1B

Tax Info

  • Taxes: 5295.43
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Jan 10, 2017
Sold by
Herwig Karl F
Bought by
Aniello Michael J D and Aniello Grace R D
Seller's Agent
Roger Soens
COMPASS RE - AV Dune
Buyer's Agent
Raymond Sampson
FERGUSON-DECHERT, INC
List Price
$989,000
Sold Price
$862,500
Premium/Discount to List
-$126,500
-12.79%
Total Days on Market
486
Current Estimated Value
$2,762,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,899,831
Avg. Annual Appreciation
15.06%

Purchase Details

Closed on
Jan 12, 2016
Sold by
Steck David L
Bought by
Herwig Karl F

Purchase Details

Closed on
Dec 12, 2000
Source: Public Records

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Range of Values:

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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
Aniello Michael J D $862,500 None Available
Herwig Karl F -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniello Michael J $350,000
Closed Daniello Michael J $325,000
Closed Aniello Michael J D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2017 01/10/17 Sold $862,500 -12.8% $468 / Sq Ft
12/11/2016 12/11/16 Pending -- -- --
07/10/2015 07/10/15 For Sale $989,000 -- $537 / 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
2024 $6,588 $1,072,900 $663,900 $409,000
2023 $6,534 $1,072,900 $663,900 $409,000
2022 $6,094 $1,072,900 $663,900 $409,000
2021 $5,869 $1,072,900 $663,900 $409,000
2020 $5,643 $1,072,900 $663,900 $409,000
2019 $5,472 $1,072,900 $663,900 $409,000
2018 $4,230 $866,900 $663,900 $203,000
2017 $5,503 $989,800 $653,900 $335,900
2016 $5,444 $989,800 $653,900 $335,900
2015 $5,355 $989,800 $653,900 $335,900
2014 $5,295 $989,800 $653,900 $335,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165025

Cape May County Association of REALTORS®

APN: 01-00050-04-00007-02