NOT LISTED FOR SALE

551 22nd St Unit B Avalon, NJ 08202

Estimated Value: $1,027,000 - $1,330,000

2 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $885,000

Est. 35% increase in value since last sale

Current estimated payment $6,612/month

7 Days on Market

Highlights

  • Water Views
  • Unit is on the top floor
  • Main Floor Bedroom
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Loft

About This Home

As of May 2024

Unleash your creativity and transform this space into your dream home! Welcome to 551 22nd St. conveniently located to everything Avalon has to offer. This remarkable 2 bedroom, 2 bathroom 2nd-floor condominium offers a great layout and water views. The open-concept kitchen, dining, and living area provide the ideal setting for entertaining guests, the rear deck invites you to bask in the evening breeze. Proceed up the spiral staircase to the loft area, currently used for extra sleeping space but adaptable to your preferences. With two spacious bedrooms, each boasting a full bathroom and ample closet space, this condo comfortably accommodates up to 12 guests. And don't miss the back deck, offering water views to enhance your relaxation. Be sure to notice the composite steps and decking as well as maintenance free vinyl railings and all newer Anderson sliders. Completing the picture, a laundry room with a modern stackable washer and dryer adds convenience.

Last Agent to Sell the Property

Brian Logue

BHHS FOX and ROACH-Simpson OC Listed on: 03/28/2024

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Brian Logue

BHHS FOX and ROACH-Simpson OC Listed on: 03/28/2024

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 1982

Lot Details

  • 3,920

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Blinds
  • Dining Area
  • Loft
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Location

  • Unit is on the top floor

Utilities

  • Central Air
  • Baseboard Heating

Community Details

Overview

  • Association fees include insurance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,462

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 03/28/2024
  • Year Built: 1982
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Loft

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Lot Info

  • Location: Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Feeling 22 Llc
Bought by
Difabio Colleen A
Current Estimated Value
$1,192,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$873,066
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$319,569

Purchase Details

Listed on
Mar 28, 2024
Closed on
Apr 30, 2024
Sold by
Berry Thomas P and Berry Gerard J
Bought by
Feeling 22 Llc
Seller's Agent
Brian Logue
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Brian Logue
BHHS FOX and ROACH-Simpson OC
List Price
$949,900
Sold Price
$885,000
Premium/Discount to List
-$64,900
-6.83%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.75%
Original Mortgage
$786,250
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1989
Sold by
Stone John and Stone Rosalie
Bought by
Berry Thomas
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Difabio Colleen A $1,100,000 Trident Land Transfer
Difabio Colleen A $1,100,000 Trident Land Transfer
Feeling 22 Llc $885,000 None Listed On Document
Feeling 22 Llc $885,000 None Listed On Document
Berry Thomas $115,000 --
Berry Thomas P $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Difabio Colleen A $880,000
Closed Difabio Colleen A $880,000
Previous Owner Feeling 22 Llc $786,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $885,000 -6.8% --
04/04/2024 04/04/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $949,900 -- --
Source: South Jersey Shore Regional MLS

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 $3,462 $565,200 $450,000 $115,200
2024 $3,462 $563,900 $450,000 $113,900
2023 $3,434 $563,900 $450,000 $113,900
2022 $3,203 $563,900 $450,000 $113,900
2021 $2,876 $563,900 $450,000 $113,900
2020 $2,966 $563,900 $450,000 $113,900
2019 $2,876 $563,900 $450,000 $113,900
2018 $2,752 $563,900 $450,000 $113,900
2017 $2,400 $431,600 $325,000 $106,600
2016 $2,374 $431,600 $325,000 $106,600
2015 $2,335 $431,600 $325,000 $106,600
2014 $2,309 $431,600 $325,000 $106,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583609

South Jersey Shore Regional MLS

APN: 01-00021-07-00159-01-C-B