NOT LISTED FOR SALE

517 24th St Unit West Avalon, NJ 08202

Estimated Value: $3,767,000 - $4,980,000

5 Beds
5 Baths
2,260 Sq Ft
$1,811/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $1,685,000 $746 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $22,633/month

102 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Newly Remodeled
  • Fireplace

About This Home

As of June 2015

Brand New Tom Welsh Bayfront Townhome for 2015. Beautiful three story townhome situated on a 60'x 130' lot offering a dock and two boat slips. Vinyl bulkhead is relatively new and in excellent condition. The unit features approximately 2,260 square feet, five bedrooms with ensuite baths and a powder room for the main living area. The home features three quarter inch, site finished oak floors in the main living areas, granite or marble tops, stainless steel appliance package and three bayfront decks. The floor plan allows an additional third floor office or exercise area. The water views are exceptional, easy access to the inland waterway and a short stroll to the heart of town. Completion slated for summer 2015!

Last Agent to Sell the Property

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 02/03/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,148

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,260 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Living Room
  • Dining Area
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 122,133+ / 23

Community Details

Recreation

  • Boat Dock

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,148

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Estimated Year Built: 2015
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Built: 2015

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Estimated Living Sq Ft: 2260
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Library/Study

Garage/Parking

  • Parking: Garage, 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Unit: West
  • Common Area Features: Deck/Porch, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Water View

Lot Info

  • Lot Number: 122,133+
  • Sub Block: 07
  • Zoning: R-2B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jun 15, 2015
Sold by
Welsh Thomas J
Bought by
Mcgrath Sean P and Mcgrath Sandra L
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$1,695,000
Sold Price
$1,685,000
Premium/Discount to List
-$10,000
-0.59%
Current Estimated Value
$4,093,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,408,617
Avg. Annual Appreciation
8.86%
Source: Public Records

Range of Values:

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Average Value
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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
Mcgrath Sean P $1,685,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $1,685,000 -0.6% $746 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $1,695,000 -- $750 / 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 $11,148 $1,815,600 $925,000 $890,600
2024 $11,148 $1,815,600 $925,000 $890,600
2023 $11,057 $1,815,600 $925,000 $890,600
2022 $10,313 $1,815,600 $925,000 $890,600
2021 $9,931 $1,815,600 $925,000 $890,600
2020 $9,550 $1,815,600 $925,000 $890,600
2019 $9,260 $1,815,600 $925,000 $890,600
2018 $8,860 $1,815,600 $925,000 $890,600
2017 $5,540 $996,400 $650,000 $346,400
2016 $5,480 $996,400 $650,000 $346,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162138

Cape May County Association of REALTORS®

APN: 01-00023-07-00133-517