NOT LISTED FOR SALE

521 Ocean Ave Unit 2 Avon By the Sea, NJ 07717

Avon-by-the-Sea Neighborhood

Estimated Value: $379,000 - $613,000

1 Bed
1 Bath
-- Sq Ft
$362/mo HOA Fee

Last Sold December 18, 2020

Last sale price $315,000

Est. 61% increase in value since last sale

Current estimated payment $3,291/month

130 Days on Market

Highlights

  • Beach Front
  • Living Room
  • Laundry Facilities
  • Avon Elementary School Rated A
  • Resident Manager or Management On Site
  • 5-minute walk to Sylvan Lake Park

About This Home

As of December 2020

Beach front living in this move in ready lower level condo (no balcony) These rarely come on the market so you can start enjoying local summer now.. Gas , heat and water included in your HAOA and this unit comes with a parking spot so your car can rest while you eat at great local restaurants just steps away. Laundry in the building and common areas were just refurbished. No short term rentals or pets to keep this building clean and neat. Also it is on one of the highest points at the shore so seller said they had no water during Sandy. Not to be missed .

Last Agent to Sell the Property

Jamie Stimpson

EXP Realty Listed on: 05/31/2020

Last Buyer's Agent

Steven Porzio

Coldwell Banker Realty License #0789694

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 2000

Lot Details

  • 0.46

HOA Fees

  • $362 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Schools

  • Avon Elementary And Middle School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • Beach Front
  • Lower Level

Listing and Financial Details

  • Exclusions: Personal property
  • Assessor Parcel Number 06-00023-0000-00014-02

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, exterior maint, heat, lawn maintenance, sewer, water, gas
  • Residences @ Avon Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,482

Year Built

Built in 2000

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Common Laundry, Association, Common Access
  • Reso Association Fee Includes: Trash, Exterior Maint, Heat, Lawn Maintenance, Sewer, Water, Gas
  • Subdivision Name: Residences @ Avon
  • Architectural Style: Lower Level, Other - See Remarks
  • New Construction: No
  • Year Built: 2000
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Farm: No
  • Location Middle School: Avon
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • Water Type Beachfront: Yes
  • Common Elements Common Laundry: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Beachfront
  • Waterfront: Yes
  • Exclusions: Personal property
  • Construction Type: Brick
  • Exterior Features: Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 361.71
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Schools

  • Middle Or Junior School: Avon

Lot Info

  • Parcel #: 06-00023-0000-00014-02
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3482.0

MLS Schools

  • Elementary School: Avon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Bought by
Avon-By-The-Sea Condominium Association Inc
Current Estimated Value
$507,566

Purchase Details

Listed on
May 31, 2020
Closed on
Nov 17, 2020
Sold by
Bilotti David Maurice and Estate Of Evelina Bilotti
Bought by
Egan Sean
Seller's Agent
Jamie Stimpson
EXP Realty
Buyer's Agent
Steven Porzio
Coldwell Banker Realty
List Price
$400,000
Sold Price
$315,000
Premium/Discount to List
-$85,000
-21.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$299,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2006
Sold by
Bilotti Alfred J
Bought by
Bilotti Alfred J and Bilotti Evelina
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Avon-By-The-Sea Condominium Association Inc -- Cutolo Hubert C
Egan Sean $315,000 Green Label Title
Egan Sean $315,000 Green Label Title
Bilotti Alfred J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Egan Sean $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $315,000 0.0% --
10/08/2020 10/08/20 Pending -- -- --
10/03/2020 10/03/20 Price Changed $315,000 -10.0% --
08/05/2020 08/05/20 Price Changed $350,000 -6.7% --
07/18/2020 07/18/20 Price Changed $375,000 -6.3% --
05/31/2020 05/31/20 For Sale $400,000 -- --
Source: MOREMLS (Monmouth Ocean Regional 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 $3,113 $358,200 $162,700 $195,500
2024 $3,055 $358,200 $162,700 $195,500
2023 $3,055 $358,200 $162,700 $195,500
2022 $3,662 $358,200 $162,700 $195,500
2021 $3,587 $298,900 $99,500 $199,400
2020 $3,587 $298,900 $99,500 $199,400
2019 $3,482 $298,900 $99,500 $199,400
2018 $3,431 $298,900 $99,500 $199,400
2017 $3,398 $298,900 $99,500 $199,400
2016 $3,413 $298,900 $99,500 $199,400
2015 $3,223 $290,600 $96,800 $193,800
2014 $3,136 $293,400 $119,900 $173,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jamie Stimpson

    EXP Realty

  • Steven Porzio

    Buyer's Agent in 2020

    Steven Porzio

    Coldwell Banker Realty

    (732) 691-1668

    1 in this area

    212 Total Sales

    Steven Porzio
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22017197

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-00023-0000-00014-02

New Jersey Monmouth County Avon By The Sea 07717 Avon-by-the-Sea

521 Ocean Ave Unit 2, Avon By The Sea, NJ

Not Listed for Sale

Condos

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MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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