NOT LISTED FOR SALE

51 Inlet Dr N Avalon, NJ 08202

Estimated Value: $4,156,000 - $5,371,000

5 Beds
2 Baths
2,288 Sq Ft
$2,017/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $2,200,000 $962 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $26,638/month

375 Days on Market

Highlights

  • Water Views
  • Property fronts an inlet
  • Deck
  • Avalon Elementary School Rated A
  • Property near a bay
  • Cathedral Ceiling

About This Home

As of August 2020

Owners are going through CAFRA permit process

Last Agent to Sell the Property

Matthew Brunner

FERGUSON-DECHERT, INC Listed on: 06/04/2019

Last Buyer's Agent

Daniel Bowersock

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,245

Lot Details

  • Lot Dimensions are 55' x 138'
  • Property fronts an inlet
  • Waterfront

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Grill

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 / 005.10

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,245

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inlet, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Furniture, Window Treatments
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 51
  • Lot Size2: 55' X 138'
  • Price per Sq Ft: 961.54
  • Selling Agent1: 183
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Smoke/Fire Alarm, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2288
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry Closet

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Deck, Grill, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Attached, Concrete Driveway, 4 car parking

Utilities

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

Lot Info

  • Lot Number: 7
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 11244.84
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 14, 2020
Sold by
Cadden Eileen P Est
Bought by
Carouegh Carouge M and Carouegh Laura H
Seller's Agent
Matthew Brunner
FERGUSON-DECHERT, INC
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$2,695,000
Sold Price
$2,200,000
Premium/Discount to List
-$495,000
-18.37%
Current Estimated Value
$4,614,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,414,036
Avg. Annual Appreciation
15.43%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Cadden Eileen P
Bought by
Cadden Eileen P and Cadden John
Source: Public Records

Range of Values:

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
Carouegh Carouge M $2,200,000 None Available
Cadden Eileen P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $2,200,000 -18.4% $962 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/04/2019 06/04/19 For Sale $2,695,000 -- $1,178 / 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 $26,104 $4,251,400 $2,162,800 $2,088,600
2024 $26,104 $4,251,400 $2,162,800 $2,088,600
2023 $25,891 $4,251,400 $2,162,800 $2,088,600
2022 $12,285 $2,162,800 $2,162,800 $0
2021 $11,786 $2,162,800 $2,162,800 $0
2020 $12,140 $2,355,500 $2,162,800 $192,700
2019 $11,763 $2,355,500 $2,162,800 $192,700
2018 $11,245 $2,355,500 $2,162,800 $192,700
2017 $10,361 $1,908,400 $1,724,000 $184,400
2016 $10,246 $1,908,400 $1,724,000 $184,400
2015 $10,074 $1,908,400 $1,724,000 $184,400
2014 $9,960 $1,908,400 $1,724,000 $184,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 188237

Cape May County Association of REALTORS®

APN: 01-00005-10-00007