NOT LISTED FOR SALE

5211 Ocean Dr Avalon, NJ 08202

Estimated Value: $3,489,000 - $3,769,000

5 Beds
3 Baths
3,058 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $1,850,000 $605 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $21,307/month

126 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Property near a bay
  • Avalon Elementary School Rated A
  • Sauna
  • Deck

About This Home

As of July 2018

This home is located at 5211 Ocean Dr, Avalon, NJ 08202 since 20 February 2018 and is currently estimated at $3,647,648, approximately $1,192 per square foot. This property was built in 1991. 5211 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Susan Heenan

Tim Kerr Sotheby's International Realty Listed on: 02/20/2018

Last Buyer's Agent

Leslie Rice, GRI ,RSPS

Tim Kerr Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,535

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 80 x 100
  • Fenced Yard
  • Corner Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3,058 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Loft
  • Screened Porch
  • Storage
  • Sauna
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage

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 13 / 52

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,535

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 1991/2001
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 5211
  • Lot Size2: 80 x 100
  • Price per Sq Ft: 604.97
  • Selling Agent1: 461
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Sauna, Skylight, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3058
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Loft, Great Room

Exterior Features

  • Construction: Two Story, Upside Down, Contemporary
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Screened Porch, Fenced Yard, Storage Building, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached

Utilities

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

Lot Info

  • Lot Number: 13
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 8534.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jul 27, 2018
Sold by
Sas Development Hldg Llc
Bought by
Shore Fun Real Estate Llc
Seller's Agent
Susan Heenan
Tim Kerr Sotheby's International Realty
Buyer's Agent
Leslie Rice, GRI ,RSPS
Tim Kerr Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Total Days on Market
126
Current Estimated Value
$3,647,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,797,648
Avg. Annual Appreciation
10.42%
Original Mortgage
$1,295,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 5, 2006
Sold by
Lishon Lester J and Lishon Cheryl M
Bought by
Sas Development Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 7, 2000
Sold by
Reynolds George E
Bought by
Lishon Lester J and Lishon Cheryl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
7.78%

Purchase Details

Closed on
Jan 2, 1991
Sold by
Reynolds George
Bought by
Atlantic City Elec & Nj Bell Tele

Purchase Details

Closed on
Jun 2, 1990
Sold by
Meschini Mildred R Executrix
Bought by
Reynolds George E and Reynolds Jeanette G
Source: Public Records

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Range of Values:

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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
Shore Fun Real Estate Llc $1,850,000 --
Sas Development Holdings Llc $2,285,000 None Available
Lishon Lester J $875,000 --
Atlantic City Elec & Nj Bell Tele -- --
Reynolds George E $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shore Fun Real Estate Llc $1,195,000
Closed Shore Fun Real Estate Llc $1,295,000
Previous Owner Sas Development Holdings $972,000
Previous Owner Sas Development Holdings Llc $993,000
Previous Owner Sas Development Holdings Llc $1,000,000
Previous Owner Lishon Lester J $500,000
Previous Owner Lishon Lester J $520,000
Previous Owner Lishon Lester J $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $1,850,000 -5.1% $605 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $1,950,000 -- $638 / 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
2024 $11,139 $1,814,100 $1,033,300 $780,800
2023 $11,048 $1,814,100 $1,033,300 $780,800
2022 $10,304 $1,814,100 $1,033,300 $780,800
2021 $9,923 $1,814,100 $1,033,300 $780,800
2020 $9,542 $1,814,100 $1,033,300 $780,800
2019 $9,252 $1,814,100 $1,033,300 $780,800
2018 $8,853 $1,814,100 $1,033,300 $780,800
2017 $8,628 $1,551,800 $816,600 $735,200
2016 $8,535 $1,551,800 $816,600 $735,200
2015 $8,395 $1,551,800 $816,600 $735,200
2014 $8,302 $1,551,800 $816,600 $735,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180471

Cape May County Association of REALTORS®

APN: 01-00052-04-00013