NOT LISTED FOR SALE

51 Pelican Dr S Avalon, NJ 08202

Avalon Area

Estimated Value: $6,815,000 - $10,128,272

6 Beds
6 Baths
5,000 Sq Ft
$1,728/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2019

Last sale price $5,200,000 $1,040 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $50,205 / mo

204 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Built in 2019 | Newly Remodeled
  • Avalon Elementary School Rated A
  • Boat Slip
  • In Ground Pool

About This Home

As of October 2019

This home is located at 51 Pelican Dr S, Avalon, NJ 08202 since 24 January 2019 and is currently estimated at $8,640,424, approximately $1,728 per square foot. This property was built in 2019. 51 Pelican Dr S is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Nicholas Giuffre

COMPASS RE - Avalon Dune License #1757268 Listed on: 01/24/2019

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,896

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Property is zoned R-1B

Parking

  • 2 Car Garage

Home Design

  • Upside Down Style Home
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 70 / 85

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,896

Year Built

Built in 2019 | Newly Remodeled

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Estimated Year Built: 2019
  • New Construction: Yes
  • Lot Size2: 9,177 IRR
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Wine Cooler
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Walk in Closet
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 18
  • Estimated Living Sq Ft: 5000
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Brick, Wood
  • Frontage: 69
  • House Color: White
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Fenced Yard, Dock, Bulkhead, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 2 Car

Utilities

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

Lot Info

  • Lot Number: 70
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-1B

Tax Info

  • Taxes: 10896
  • Tax Year: 2018

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
Jan 24, 2019
Closed on
Nov 18, 2019
Sold by
Bought by
Seller's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$5,395,000
Sold Price
$5,200,000
Premium/Discount to List
-$195,000
-3.61%
Current Estimated Value
$8,640,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,440,424
Avg. Annual Appreciation
7.77%
Original Mortgage
$4,679,480
Outstanding Balance
$4,035,443
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,604,981

Purchase Details

Listed on
Aug 28, 2017
Closed on
Aug 24, 2018
Sold by
Bought by
Seller's Agent
Roger Soens
COMPASS RE - Avalon Dune
Buyer's Agent
Nicholas Giuffre
COMPASS RE - Avalon Dune
List Price
$2,700,000
Sold Price
$2,380,000
Premium/Discount to List
-$320,000
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.31%

Purchase Details

Closed on
Oct 14, 2003

Purchase Details

Closed on
Aug 29, 1991
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 1991
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Avalon, NJ

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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
$5,200,000 Misc Company
$2,380,000 --
-- --
$900 --
$7,800 --
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
Open $4,679,480
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 Prior Sale
10/18/2019 10/18/19 Sold $5,200,000 -3.6% $1,040 / Sq Ft
01/24/2019 01/24/19 For Sale $5,395,000 +126.7% $1,079 / Sq Ft
08/24/2018 08/24/18 Sold $2,380,000 -11.9% $1,181 / Sq Ft View Prior Sale
07/25/2018 07/25/18 Pending -- -- --
08/28/2017 08/28/17 For Sale $2,700,000 -- $1,339 / 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 $32,581 $5,306,400 $2,049,000 $3,257,400
2025 $32,581 $5,306,400 $2,049,000 $3,257,400
2024 $32,581 $5,306,400 $2,049,000 $3,257,400
2023 $32,316 $5,306,400 $2,049,000 $3,257,400
2022 $30,140 $5,306,400 $2,049,000 $3,257,400
2021 $28,922 $5,306,400 $2,049,000 $3,257,400
2020 $27,912 $5,306,400 $2,049,000 $3,257,400
2019 $10,458 $2,050,500 $2,049,000 $1,500
2018 $10,896 $2,232,800 $2,049,000 $183,800
2017 $9,173 $1,649,900 $1,438,800 $211,100
2016 $9,074 $1,649,900 $1,438,800 $211,100
2015 $8,926 $1,649,900 $1,438,800 $211,100
2014 $8,827 $1,649,900 $1,438,800 $211,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185790

Cape May County Association of REALTORS®

APN: 01-00085-0000-00070

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