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Seller's Agent in 2016
Travis Marshall
LONG & FOSTER REAL ESTATE, INC av
5238 Ocean Dr Avalon, NJ 08202
Estimated Value: $7,022,000 - $9,611,000
5
Beds
3
Baths
3,273
Sq Ft
$2,420/Sq Ft
Est. Value
Highlights
- Docks
- Property Fronts a Bay or Harbor
- Deck
- Avalon Elementary School Rated A
- Boat Slip
- Contemporary Architecture
About This Home
As of June 2016A fine example of a 1990's contemporary bayfront home situated on a huge 17,900 Square foot lot offering water front living and spectacular panoramic bay and wetland views. This property features all new docks including the walkway leading out to a brand new fixed dock and deep water boat slips. There are jet boat and wave runner docks as well. The first floor of this beautiful home offers a spacious open floor plan featuring a large living room, dining area, and kitchen. Additionally, the first floor has a family room/den, laundry room and one full bath. The second floor offers 5 large bedrooms and two full baths accommodating family and friends while they visit. This mid to south end island location offers views, views and more views and is a fantastic summer retreat for the bayfront buyer looking for a great location, potential to build a fantastic new home, and a place to dock the fleet.
Last Agent to Sell the Property
Travis Marshall
LONG & FOSTER REAL ESTATE, INC av Listed on: 01/04/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,741
Year Built
- Built in 1987
Lot Details
- Property Fronts a Bay or Harbor
- Sprinkler System
- Property is zoned r-1b
Home Design
- Contemporary Architecture
- Wood Siding
Interior Spaces
- 3,273 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Blinds
- Drapes & Rods
- Great Room
- Living Room
- Dining Area
- Den
- Screened Porch
- Storage
- Crawl Space
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Parking Pad
- Automatic Garage Door Opener
- Driveway
Outdoor Features
- Outdoor Shower
- Boat Slip
- Docks
- Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 3 / 51.05
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2016
Closed on
Jun 14, 2016
Sold by
Demarco Wendy Garthwaite and Garthwaite Wendy L
Bought by
Hudspeth John and Hudspeth Cecilia
Seller's Agent
Travis Marshall
LONG & FOSTER REAL ESTATE, INC av
List Price
$2,695,000
Sold Price
$2,250,000
Premium/Discount to List
-$445,000
-16.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,670,026
Avg. Annual Appreciation
14.59%
Purchase Details
Closed on
Sep 24, 1997
Sold by
Evans Jayne Kelly
Bought by
Demarco Wendy De
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
7.47%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hudspeth John | $2,250,000 | None Available | |
| Demarco Wendy De | $790,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Hudspeth John | $0 | |
| Open | Hudspeth John | $520,655 | |
| Open | Hudspeth John | $925,000 | |
| Previous Owner | Demarco Wendy De | $790,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2016 06/15/16 | Sold | $2,250,000 | -16.5% | $687 / Sq Ft |
| 05/16/2016 05/16/16 | Pending | -- | -- | -- |
| 01/04/2016 01/04/16 | For Sale | $2,695,000 | -- | $823 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $38,256 | $6,230,600 | $2,250,000 | $3,980,600 |
| 2024 | $38,256 | $6,230,600 | $2,250,000 | $3,980,600 |
| 2023 | $37,944 | $6,230,600 | $2,250,000 | $3,980,600 |
| 2022 | $35,390 | $6,230,600 | $2,250,000 | $3,980,600 |
| 2021 | $34,081 | $6,230,600 | $2,250,000 | $3,980,600 |
| 2020 | $32,773 | $6,230,600 | $2,250,000 | $3,980,600 |
| 2019 | $31,776 | $6,230,600 | $2,250,000 | $3,980,600 |
| 2018 | $10,999 | $2,253,900 | $2,250,000 | $3,900 |
| 2017 | $12,371 | $2,225,000 | $2,225,000 | $0 |
| 2016 | $14,987 | $2,724,900 | $2,225,000 | $499,900 |
| 2015 | $14,742 | $2,724,900 | $2,225,000 | $499,900 |
| 2014 | $14,578 | $2,724,900 | $2,225,000 | $499,900 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Cape May County Association of REALTORS®
MLS Number: 167771
APN: 01-00051-05-00003
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