NOT LISTED FOR SALE

507 24th St Avalon, NJ 08202

Estimated Value: $4,616,538 - $5,302,000

5 Beds
5 Baths
3,408 Sq Ft
$1,430/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2023

Last sale price $4,350,000 $1,276 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $27,175 / mo

35 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Avalon Elementary School Rated A
  • Boat Slip
  • Wood Flooring

About This Home

As of May 2023

This home is located at 507 24th St, Avalon, NJ 08202 since 02 February 2023 and is currently estimated at $4,872,635, approximately $1,429 per square foot. This property was built in 2008. 507 24th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Frank Sortino

COMPASS RE - Avalon Dune License #1328528 Listed on: 02/02/2023

Last Buyer's Agent

Daniel Bowersock

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,453

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 40 x 130
  • Property Fronts a Bay or Harbor
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,408 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Bar
  • Living Room
  • Dining Area
  • Den
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Patio
  • 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 132 / 23 07

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,453

Year Built

Built in 2008

Lot Details

0.92 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View, Bulk Head
  • District Township: 01-Avalon Borough
  • Also Includes: Partial Furniture
  • Estimated Year Built: 2008
  • New Construction: No
  • Lot Size2: 40 x 130
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Bar, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 12
  • Estimated Living Sq Ft: 3408
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Pantry, Laundry/Utility Room, Laundry Closet

Exterior Features

  • Construction: Three Story
  • Exterior: Shingle, Vinyl
  • Outside Features: Patio, Deck, Grill, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, Boat Slips

Garage/Parking

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

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 132
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 10453
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
May 5, 2023
Sold by
Bought by
Seller's Agent
Frank Sortino
COMPASS RE - Avalon Dune
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$4,595,000
Sold Price
$4,350,000
Premium/Discount to List
-$245,000
-5.33%
Views
54
Current Estimated Value
$4,850,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,039
Avg. Annual Appreciation
3.62%
Original Mortgage
$3,262,500
Interest Rate
0.0639%

Purchase Details

Closed on
Mar 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 1992
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,350,000 Seaboard Title
$1,475,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $3,262,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $4,350,000 -5.3% $1,276 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $4,595,000 -- $1,348 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,734 $1,911,100 $1,200,000 $711,100
2025 $11,734 $1,911,100 $1,200,000 $711,100
2024 $11,734 $1,911,100 $1,200,000 $711,100
2023 $11,639 $1,911,100 $1,200,000 $711,100
2022 $10,855 $1,911,100 $1,200,000 $711,100
2021 $10,454 $1,911,100 $1,200,000 $711,100
2020 $10,052 $1,911,100 $1,200,000 $711,100
2019 $9,747 $1,911,100 $1,200,000 $711,100
2018 $9,326 $1,911,100 $1,200,000 $711,100
2017 $10,993 $1,977,200 $1,330,000 $647,200
2016 $10,875 $1,977,200 $1,330,000 $647,200
2015 $10,697 $1,977,200 $1,330,000 $647,200
2014 $10,578 $1,977,200 $1,330,000 $647,200
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    Frank Sortino

    COMPASS RE - Avalon Dune

    (215) 285-0600

    3 Total Sales

    Frank Sortino
    Section Image
  • Daniel Bowersock

    Buyer's Agent in 2023

    Daniel Bowersock

    FERGUSON-DECHERT, INC

    (609) 602-0912

    127 Total Sales

    Daniel Bowersock
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 230268

Cape May County Association of REALTORS®

APN: 01 00023- 07-00132- 01

New Jersey Cape May County Avalon 08202

507 24th St, Avalon, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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