NOT LISTED FOR SALE

506 21st St Unit North Avalon, NJ 08202

Estimated Value: $1,703,000 - $2,281,884

4 Beds
4 Baths
1,793 Sq Ft
$1,178/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $692,000 $386 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $11,536/month

356 Days on Market

Highlights

  • Spa
  • Property near a bay
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Island Location
  • Wood Flooring

About This Home

As of April 2016

Simply beautiful, three story townhome. The first floor offers two bedrooms that share a Jack-n-Jill bath, a third bedroom with ensuite bath (tub) and private deck, and access to the garage. The vaulted second floor has a granite kitchen with granite center island, stainless steel appliances, bamboo floors, fireplace with granite surround and half bath. Off the living room, a large combination dining and sitting area with full bath (tub). The second floor sitting room could be converted to a 5th bedroom or family room with minimal effort. Ample deck space on the second floor. The third floor offers an intimate, beautiful master bedroom with private deck and a master bath with jetted tub and glass enclosed shower. Town is an easy stroll away. This well maintained home has spent the bulk of its life as a second home, but was rented in 2014 and 2015.

Last Agent to Sell the Property

Fitzgerald D. Craige

FERGUSON-DECHERT, INC Listed on: 04/02/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 2004

Lot Details

  • 4,792

Interior Spaces

  • 1,793 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Den

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Pool

  • Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Property near a bay
  • Fenced Yard
  • Island Location

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 146 / 21

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,088

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 01-Avalon Borough
  • Near: Bay and Town
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2004
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1793
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: North
  • Common Area Features: Deck/Porch, Fenced Yard, Cable TV, Outside Shower
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Whirpool/Spa, Cathedral Ceiling
  • Unit Location: Corner

Lot Info

  • Lot Number: 146
  • Sub Block: 07
  • Total Assessment: 577200
  • Zoning: R-2B

Tax Info

  • Taxes: 3088

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
Apr 13, 2016
Sold by
Oreilly Christopher and Oreilly Jennifer
Bought by
Giordano Antonio and Massaro Giordano Giacomina
Seller's Agent
Fitzgerald D. Craige
FERGUSON-DECHERT, INC
List Price
$795,000
Sold Price
$692,000
Premium/Discount to List
-$103,000
-12.96%
Current Estimated Value
$2,111,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,419,971
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
May 10, 2013
Sold by
Joachim Michael N and Joachim Janet A
Bought by
Reilly Christopher O and Reilly Jennifer O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Buchanan Andrew F
Bought by
Langenbach Paul and Langenbach April L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2004
Sold by
Richardson John L
Bought by
Joachim Michael N and Joachim Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Giordano Antonio $692,000 None Available
Reilly Christopher O $632,500 None Available
Langenbach Paul $729,000 --
Langenbach Paul $729,000 Shore Title Agency Inc
Joachim Michael N $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reilly Christopher O $417,000
Previous Owner Langenbach Paul $400,000
Previous Owner Joachim Michael N $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $692,000 -13.0% $386 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
04/02/2015 04/02/15 For Sale $795,000 -- $443 / 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 $4,064 $661,900 $450,000 $211,900
2024 $4,064 $661,900 $450,000 $211,900
2023 $4,031 $661,900 $450,000 $211,900
2022 $3,760 $661,900 $450,000 $211,900
2021 $3,621 $661,900 $450,000 $211,900
2020 $3,482 $661,900 $450,000 $211,900
2019 $3,376 $661,900 $450,000 $211,900
2018 $3,230 $661,900 $450,000 $211,900
2017 $3,209 $577,200 $325,000 $252,200
2016 $3,175 $577,200 $325,000 $252,200
2015 $3,123 $577,200 $325,000 $252,200
2014 $3,088 $577,200 $325,000 $252,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163226

Cape May County Association of REALTORS®

APN: 01-00021-07-00146-506