NOT LISTED FOR SALE

541 21st St Unit 1st & 2nd Avalon, NJ 08202

Estimated Value: $2,363,645 - $3,164,000

4 Beds
3 Baths
2,300 Sq Ft
5,837 Sq Ft Lot

Last Sold September 27, 2018

Last sale price $1,100,000 $478 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $15,560/month

688 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Main Floor Primary Bedroom
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Ground Level Unit

About This Home

As of September 2018

This home is located at 541 21st St Unit 1st & 2nd, Avalon, NJ 08202 since 23 August 2016 and is currently estimated at $2,836,661, approximately $1,233 per square foot. This property was built in 2001. 541 21st St Unit 1st & 2nd is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Steven Tozour

Tim Kerr Sotheby's International Realty Listed on: 08/23/2016

Last Buyer's Agent

CHIP French

LONG & FOSTER REAL ESTATE, INC av License #0786804

LONG & FOSTER REAL ESTATE, INC av

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 2001

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard

Interior Spaces

  • 2,300 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 13 / 20

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,093

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Partial Furniture
  • Estimated Year Built: 2001
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 541
  • Price per Sq Ft: 478.26
  • Selling Agent1: 2817
  • Selling Office1: 783
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 2300
  • Other Rooms: Living Room, Dining Area, Storage Space, 1st Floor Master Bedroom

Garage/Parking

  • Parking: 2 Car, Concrete Driveway

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: 1st & 2nd
  • Common Area Features: Deck/Porch, Fenced Yard, Storage Facilities, Dock/Boat Slip, Bulkhead, Outside Shower
  • Condo Fees: Shared Exp
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 13
  • Sub Block: 07
  • Total Assessment: 941400

Tax Info

  • Taxes: 5092.97
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 25, 2018
Sold by
Sauls Harry J and Sauls Mary T
Bought by
Thomas Lara L
Seller's Agent
Steven Tozour
Tim Kerr Sotheby's International Realty
Buyer's Agent
CHIP French
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Current Estimated Value
$2,836,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,736,661
Avg. Annual Appreciation
14.08%
Original Mortgage
$770,000
Outstanding Balance
$672,864
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,096,517

Purchase Details

Closed on
Nov 10, 2001
Sold by
Avalon Bayfront Developers Llc
Bought by
Sauls Harry J and Sauls Mary Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.66%

Purchase Details

Closed on
Jan 4, 2001
Sold by
Klein Francis B
Bought by
Pappas Edward H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,900
Interest Rate
7.39%
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
Thomas Lara L $1,100,000 --
Sauls Harry J $775,000 --
Pappas Edward H $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Lara L $770,000
Previous Owner Sauls Harry J $575,000
Previous Owner Pappas Edward H $599,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $1,100,000 -7.9% $478 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/23/2016 08/23/16 For Sale $1,195,000 -- $520 / 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 $6,239 $1,016,200 $500,000 $516,200
2024 $6,239 $1,016,200 $500,000 $516,200
2023 $6,189 $1,016,200 $500,000 $516,200
2022 $5,772 $1,016,200 $500,000 $516,200
2021 $4,951 $1,016,200 $500,000 $516,200
2020 $5,345 $1,016,200 $500,000 $516,200
2019 $5,183 $1,016,200 $500,000 $516,200
2018 $4,959 $1,016,200 $500,000 $516,200
2017 $5,234 $941,400 $625,000 $316,400
2016 $5,178 $941,400 $625,000 $316,400
2015 $5,093 $941,400 $625,000 $316,400
2014 $5,036 $941,400 $625,000 $316,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Steven Tozour

    Tim Kerr Sotheby's International Realty

    (609) 967-7950

    2 in this area

    5 Total Sales

    Steven Tozour
    Section Image

  • C

    Buyer's Agent in 2018

    CHIP French

    LONG & FOSTER REAL ESTATE, INC av

    (610) 742-1122

    1 in this area

    35 Total Sales

    CHIP French
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171967

Cape May County Association of REALTORS®

APN: 01-00020-07-00013-541

New Jersey Cape May County Avalon 08202

541 21st St Unit 1st & 2nd, Avalon, NJ

This home is located at 541 21st St Unit 1st & 2nd, Avalon, NJ 08202 since 23 August 2016 and is currently estimated at $2,836,661, approximately $1,233 per square foot. This property was built in 2001. 541 21st St Unit 1st & 2nd is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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