NOT LISTED FOR SALE

56 24th St E Avalon, NJ 08202

Estimated Value: $3,251,080 - $4,788,000

5 Beds
2 Baths
2,136 Sq Ft
$1,946/Sq Ft Est. Value

Last Sold May 05, 2018

Last sale price $2,310,000 $1,081 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $22,873/month

44 Days on Market

Highlights

  • In Ground Pool
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • Furnished

About This Home

As of May 2018

This home is located at 56 24th St E, Avalon, NJ 08202 since 07 February 2018 and is currently estimated at $4,157,020, approximately $1,946 per square foot. This property was built in 1975. 56 24th St E is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 02/07/2018

Last Buyer's Agent

Patrick McCusker

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,970

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 50' x 110'
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12, 12.01 / 24.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,970

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 01-Avalon Borough
  • Near: Beachblock
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1975
  • New Construction: No
  • Lot Size2: 50' x 110'
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2136
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12, 12.01
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 1613300
  • Zoning: R-1C

Tax Info

  • Taxes: 8969.95
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
May 3, 2018
Sold by
56 East 24 St Llc
Bought by
Maws William B and Maws Michaela K
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Patrick McCusker
LONG & FOSTER REAL ESTATE, INC av
List Price
$2,395,000
Sold Price
$2,310,000
Premium/Discount to List
-$85,000
-3.55%
Current Estimated Value
$4,157,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,847,020
Avg. Annual Appreciation
8.07%
Original Mortgage
$1,500,000
Outstanding Balance
$1,291,550
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,865,470

Purchase Details

Closed on
Sep 15, 2012
Sold by
Kinol Jon R and Kinol Janette M
Bought by
56 East 24Th Street Llc

Purchase Details

Closed on
Oct 5, 2004
Sold by
Mcandrew Michael J and Mcandrew Joan D
Bought by
Kinol Jon R and Kinol Janette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,396,500
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1992
Sold by
Fordham Jr Kenneth C and Fordham Suzanne
Bought by
Fordham Jeffrey D

Purchase Details

Closed on
Dec 14, 1988
Sold by
Harrelson Allan and Harrelson Jeannette
Bought by
Fordham Suzanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maws William B $2,310,000 --
56 East 24Th Street Llc -- None Available
Kinol Jon R $1,995,000 --
Fordham Jeffrey D $52,000 --
Fordham Suzanne $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maws William B $1,500,000
Previous Owner Kinol Jon R $1,396,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2018 05/05/18 Sold $2,310,000 -3.5% $1,081 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $2,395,000 -- $1,121 / 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 $11,816 $1,924,500 $1,700,000 $224,500
2024 $11,816 $1,924,500 $1,700,000 $224,500
2023 $11,720 $1,924,500 $1,700,000 $224,500
2022 $10,931 $1,924,500 $1,700,000 $224,500
2021 $10,527 $1,924,500 $1,700,000 $224,500
2020 $10,123 $1,924,500 $1,700,000 $224,500
2019 $9,815 $1,924,500 $1,700,000 $224,500
2018 $9,392 $1,924,500 $1,700,000 $224,500
2017 $8,970 $1,613,300 $1,400,000 $213,300
2016 $8,873 $1,613,300 $1,400,000 $213,300
2015 $8,728 $1,613,300 $1,400,000 $213,300
2014 $8,631 $1,613,300 $1,400,000 $213,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 180250

Cape May County Association of REALTORS®

APN: 01 00024- 01-00012- 01