NOT LISTED FOR SALE

553 21st St Unit 2nd/3rd FL Avalon, NJ 08202

Estimated Value: $2,806,345 - $3,119,000

4 Beds
2 Baths
2,428 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $1,365,000 $562 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $16,194/month

60 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of April 2019

The private built-in storage area for this unit is approximately 10’ tall, 8’ deep and 7’ wide. In the Fall of 2016, approx 75% of the roof was replaced. This unit pays the following for their portion of the Annual “shared” expenses: Hazard Ins $2,300; Flood Ins $600; Excess Flood Ins Coverage $550; Weed & Insect Control $200; Powerwashing $200. The bulkhead and docking system was replaced in approx 2010.

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 01/26/2019

Last Buyer's Agent

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 01/26/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 2002

Lot Details

  • Property Fronts a Bay or Harbor

Interior Spaces

  • 2,428 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Blinds
  • Great Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 12 / 20

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Boat Dock

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,100

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay & Town
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2002
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 553
  • Price per Sq Ft: 562.19
  • Selling Agent1: 183
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 2002

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Estimated Living Sq Ft: 2428
  • Other Rooms: Pantry, Great Room

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: 2nd/3rd FL
  • Common Area Features: Deck/Porch, Dock/Boat Slip, Outside Shower, Laundry Room
  • Condo Fees: 9
  • Unit Features: Fireplace, Kitchen Center Island, Walk-In/Cedar Closet, Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 12
  • Sub Block: .07
  • Zoning: R-2B

Tax Info

  • Taxes: 7100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2015
Sold by
Osifchok Joseph and Osifchok Joseph M
Bought by
Osifchok Joseph M and Osifchok Denise Ann Mulvaney
Current Estimated Value
$2,914,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,000
Outstanding Balance
$533,984
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,359,469

Purchase Details

Closed on
Jul 29, 2005
Sold by
553 B 21St Avalon Investors Llc
Bought by
Osifchok Joseph and Osifchok Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,200
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Wiech Norbert L
Bought by
553 B 21St Avalon Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,200
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Fretz William B
Bought by
Wiech Norbert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Torroni David R
Bought by
Fretz William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

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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
Osifchok Joseph M -- Elite Title & Escrow Agency
Osifchok Joseph $1,234,000 --
553 B 21St Avalon Investors Llc -- --
Wiech Norbert L $875,000 --
Fretz William B $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osifchok Joseph M $698,000
Closed Osifchok Joseph $987,200
Previous Owner Wiech Norbert L $475,000
Previous Owner Fretz William B $656,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $1,365,000 -2.2% $562 / Sq Ft
01/26/2019 01/26/19 For Sale $1,395,000 -- $575 / 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 $8,921 $1,452,900 $925,000 $527,900
2024 $8,921 $1,452,900 $925,000 $527,900
2023 $8,848 $1,452,900 $925,000 $527,900
2022 $8,252 $1,452,900 $925,000 $527,900
2021 $7,943 $1,452,900 $925,000 $527,900
2020 $7,642 $1,452,900 $925,000 $527,900
2019 $7,410 $1,452,900 $925,000 $527,900
2018 $7,090 $1,452,900 $925,000 $527,900
2017 $5,265 $947,000 $625,000 $322,000
2016 $5,209 $947,000 $625,000 $322,000
2015 $5,123 $947,000 $625,000 $322,000
2014 $5,066 $947,000 $625,000 $322,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Bowersock

    Seller's Agent in 2019

    Daniel Bowersock

    FERGUSON-DECHERT, INC

    (609) 602-0912

    98 in this area

    125 Total Sales

    Daniel Bowersock
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185866

Cape May County Association of REALTORS®

APN: 01-00020-07-00012-553

New Jersey Cape May County Avalon 08202

553 21st St Unit 2nd/3rd FL, Avalon, NJ

This home is located at 553 21st St Unit 2nd/3rd FL, Avalon, NJ 08202 since 26 January 2019 and is currently estimated at $2,914,336, approximately $1,200 per square foot. This property was built in 2002. 553 21st St Unit 2nd/3rd FL is a home located in Cape May County with nearby schools including Avalon Elementary School.

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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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