NOT LISTED FOR SALE

505 24th St Avalon, NJ 08202

Estimated Value: $2,750,000 - $4,107,000

4 Beds
2 Baths
2,150 Sq Ft
$1,636/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $1,700,000 $791 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $19,650/month

97 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of September 2017

This home is located at 505 24th St, Avalon, NJ 08202 since 14 April 2017 and is currently estimated at $3,517,229, approximately $1,635 per square foot. This property was built in 1989. 505 24th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 04/14/2017

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 04/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,022

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 40x130
  • Property Fronts a Bay or Harbor
  • Property is zoned R-2B

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Garage
  • Stone Driveway

Outdoor Features

  • Property near a bay
  • Bulkhead
  • Docks
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 131 / 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,022

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View, Bulk Head
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1989
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 505
  • Lot Size2: 40x130
  • Price per Sq Ft: 790.7
  • Selling Agent1: 191
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Walk in Closet, Wall to Wall Carpet, Fireplace- Wood, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2150
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Dock, Bulkhead, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 131
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2B

Tax Info

  • Taxes: 8022.3
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2007
Sold by
Millinghausen Harry P and Millinghausen Mary I
Bought by
Degregorio Ronald J and Degregorio Lori
Current Estimated Value
$3,517,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1990
Sold by
Millinghausen Harry and Millinghausen Mary
Bought by
Atlantic City Electric Co
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
Degregorio Ronald J $1,700,000 None Available
Atlantic City Electric Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degregorio Ronald J $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $1,700,000 -9.3% $791 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $1,875,000 -- $872 / 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 $12,026 $1,958,600 $1,200,000 $758,600
2024 $12,026 $1,958,600 $1,200,000 $758,600
2023 $11,928 $1,958,600 $1,200,000 $758,600
2022 $11,125 $1,958,600 $1,200,000 $758,600
2021 $10,714 $1,958,600 $1,200,000 $758,600
2020 $8,680 $1,650,200 $1,200,000 $450,200
2019 $8,416 $1,650,200 $1,200,000 $450,200
2018 $7,910 $1,620,800 $1,200,000 $420,800
2017 $8,110 $1,458,600 $1,330,000 $128,600
2016 $8,022 $1,458,600 $1,330,000 $128,600
2015 $7,891 $1,458,600 $1,330,000 $128,600
2014 $7,804 $1,558,600 $1,330,000 $228,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175731

Cape May County Association of REALTORS®

APN: 01 00023- 07-00131- 01

New Jersey Cape May County Avalon 08202

505 24th St, Avalon, NJ

This home is located at 505 24th St, Avalon, NJ 08202 since 14 April 2017 and is currently estimated at $3,517,229, approximately $1,635 per square foot. This property was built in 1989. 505 24th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

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