NOT LISTED FOR SALE

5138 Ocean Dr Avalon, NJ 08202

Estimated Value: $6,660,076 - $8,413,000

-- Bed
-- Bath
6,330 Sq Ft
$1,230/Sq Ft Est. Value

About This Home

This home is located at 5138 Ocean Dr, Avalon, NJ 08202 and is currently estimated at $7,787,025, approximately $1,230 per square foot. 5138 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2005
Sold by
Avalon Bayfront Developers Llc
Bought by
Silvestri John P and Silvestri Ann F
Current Estimated Value
$7,787,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,996,000
Outstanding Balance
$2,197,096
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$5,589,929

Purchase Details

Closed on
Apr 22, 2004
Sold by
Reeder Robert Ralph and Reeder Mary Westkott
Bought by
Avalon Bayfront Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,243,750
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1993
Sold by
Reeder Robert and Reeder Mary
Bought by
Atlantic City Electric & Nj Bell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Silvestri John P $4,995,000 None Available
Avalon Bayfront Developers Llc $2,125,000 Seaboard Title Agency
Atlantic City Electric & Nj Bell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvestri John P $3,996,000
Previous Owner Avalon Bayfront Developers Llc $3,243,750
Source: Public Records

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 $27,454 $4,471,400 $2,250,000 $2,221,400
2024 $27,454 $4,471,400 $2,250,000 $2,221,400
2023 $27,231 $4,471,400 $2,250,000 $2,221,400
2022 $25,398 $4,471,400 $2,250,000 $2,221,400
2021 $24,459 $4,471,400 $2,250,000 $2,221,400
2020 $23,520 $4,471,400 $2,250,000 $2,221,400
2019 $22,804 $4,471,400 $2,250,000 $2,221,400
2018 $21,820 $4,471,400 $2,250,000 $2,221,400
2017 $23,539 $4,233,600 $2,225,000 $2,008,600
2016 $21,138 $3,843,300 $2,225,000 $1,618,300
2015 $20,792 $3,843,300 $2,225,000 $1,618,300
2014 $20,562 $3,843,300 $2,225,000 $1,618,300
Source: Public Records

Map

New Jersey Cape May County Avalon 08202

5138 Ocean Dr, Avalon, NJ

Not Listed for Sale

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