NOT LISTED FOR SALE

5109 Dune Dr Avalon, NJ 08202

Estimated Value: $6,500,000 - $12,548,000

0.85 Acre
$11,453,620 Price per Acre
37,070 Sq Ft Lot

Last Sold June 12, 2015

Last sale price $8,000,000 $4,338 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $42,542/month

1,132 Days on Market

Highlights

  • Beach Front
  • Avalon Elementary School Rated A
  • Property near a bay

About This Lot

As of June 2015

Magnificent High Dunes Oceanfront Property. One of the highest points on Seven Mile Beach Island and one of only eleven properties in the high dunes! Panoramic views of the ocean, dunes, beach, bay, and spectacular sunsets as well. INCLUDED in the sale: Building Plans for new home, new front entrance, and swimming pool. Building Permits for new home, new front entrance, and swimming pool. CAFRA Permit.

Last Agent to Sell the Property

William Leahy

LONG & FOSTER REAL ESTATE, INC av Listed on: 04/06/2012

LONG & FOSTER REAL ESTATE, INC av

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,777

Lot Details

  • Beach Front
  • Cleared Lot
  • Property is zoned Res.

Additional Features

  • Property near a bay
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13+ / 51

Property Details

Property Type

Land

Est. Annual Taxes

$34,777

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Beach Front
  • District Township: 01-Avalon Borough
  • Near: In the High Dunes
  • Bay Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 90

Lot Info

  • Lot Number: 13+
  • Lot Size: 90 x 285
  • Sub Block: 03
  • Total Assessment: 6500300
  • Zoning: Res.
  • Lot Size Range: 1/2 Acre to 1 Acre
  • Improvements: Paved Road, Curb, Sidewalk, Gas, Electric, Water, Sewer, Cable TV
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Tax Database Id: 1
  • Taxes: 34776.61
  • Assessor Parcel Number: 01000510003000130000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jun 12, 2015
Sold by
Herdelin Robert N
Bought by
Boyd Steven D and Boyd Kelley M
Seller's Agent
William Leahy
LONG & FOSTER REAL ESTATE, INC av
List Price
$9,900,000
Sold Price
$8,000,000
Premium/Discount to List
-$1,900,000
-19.19%
Current Estimated Value
$7,039,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$960,999
Avg. Annual Appreciation
1.87%

Purchase Details

Closed on
Jul 8, 2014
Sold by
Seven Mile Island Llc
Bought by
Herdelin Robert N

Purchase Details

Closed on
Apr 10, 2003
Sold by
Campbell John C E
Bought by
Seven Mile Island Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.86%

Purchase Details

Closed on
Oct 15, 1996
Sold by
Hunter James
Bought by
Campbell John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.26%

Purchase Details

Closed on
May 23, 1991
Sold by
Hunter James M
Bought by
Hunter James and Hunter Margaret

Purchase Details

Closed on
Sep 28, 1988
Sold by
Hunter James and Hunter Joy
Bought by
Hunter James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Boyd Steven D $8,000,000 Attorney
Herdelin Robert N -- None Available
Seven Mile Island Llc $5,700,000 --
Campbell John C E -- --
Campbell John E $1,900,000 --
Campbell John C E $1,900,000 --
Hunter James -- --
Hunter James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell John C E $5,000,000
Previous Owner Campbell John C E $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $8,000,000 -19.2% $4,338 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
04/06/2012 04/06/12 For Sale $9,900,000 -- $5,369 / 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 $71,880 $11,706,900 $7,605,000 $4,101,900
2024 $71,880 $11,706,900 $7,605,000 $4,101,900
2023 $71,295 $11,706,900 $7,605,000 $4,101,900
2022 $66,495 $11,706,900 $7,605,000 $4,101,900
2021 $64,037 $11,706,900 $7,605,000 $4,101,900
2020 $61,578 $11,706,900 $7,605,000 $4,101,900
2019 $59,705 $11,706,900 $7,605,000 $4,101,900
2018 $57,130 $11,706,900 $7,605,000 $4,101,900
2017 $35,890 $6,455,000 $6,455,000 $0
2016 $35,503 $6,455,000 $6,455,000 $0
2015 $34,922 $6,455,000 $6,455,000 $0
2014 $34,777 $6,500,300 $6,455,000 $45,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 145300

Cape May County Association of REALTORS®

APN: 01-00051-03-00013