NOT LISTED FOR SALE

563 24th St Unit C-B Avalon, NJ 08202

Estimated Value: $3,500,000 - $4,394,000

5 Beds
4 Baths
-- Sq Ft
3,398 Sq Ft Lot

Last Sold January 23, 2015

Last sale price $1,675,000

Est. 130% increase in value since last sale

Current estimated payment $21,349/month

215 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Newly Remodeled
  • Community Pool

About This Home

As of January 2015

A new twist to a true classic!! Tom Welsh built new construction bayfront townhome with its own pool. The best of both worlds, bayfront location with a private pool for the warm sunny afternoons. This is the only bayfront side by side townhome with a pool for each unit on 7 mile Island. This unit boasts five bedrooms and four baths with a proven multi-level design. There are water views out of each and every window of this bayfront townhome. The bayfront townhome market has been very active and the other side of this beautiful townhome is already spoken for. Plenty of time to pick your finishes so take a look now and get a jump on this fantastic bayfront townhome. Pictures of the home were taken May 23 2014. Late fall delivery is anticipated.

Last Agent to Sell the Property

Travis Marshall

LONG & FOSTER REAL ESTATE, INC av Listed on: 05/23/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,034

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 139 / 23.07

Community Details

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,034

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds
  • Estimated Year Built: 2014
  • Beach Proximity: 4 Blocks
  • New Construction: Yes
  • Pet Friendly: Owners allowed pets
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Built: 2014

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Laundry/Utility Room

Garage/Parking

  • Parking: Auto Door Opener, 2 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: C-B
  • Common Area Features: Deck/Porch, Fenced Yard, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower, Pool
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet

Lot Info

  • Lot Number: 139
  • Total Assessment: 650000
  • Zoning: R-2B

Tax Info

  • Taxes: 4033.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Mullen Sr John F
Bought by
Kraus Steven G and Kraus Elisa G
Current Estimated Value
$3,851,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,427,939
Interest Rate
4.99%
Estimated Equity
$2,423,224

Purchase Details

Listed on
May 23, 2014
Closed on
Jan 23, 2015
Sold by
Thomas Welsh Builders Llc
Bought by
Mullen John F
Seller's Agent
Travis Marshall
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,650,000
Sold Price
$1,675,000
Premium/Discount to List
$25,000
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$335,000
Interest Rate
3.84%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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
Kraus Steven G -- Voorhees Gregory X
Kraus Steven G -- None Listed On Document
Mullen John F $1,675,000 Seaboard Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraus Steven G $1,500,000
Closed Kraus Steven G $1,500,000
Previous Owner Mullen John F $335,000
Previous Owner Mullen John F $1,172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $1,675,000 +1.5% --
12/24/2014 12/24/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $1,650,000 -- --
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 $11,168 $1,818,900 $925,000 $893,900
2024 $11,168 $1,818,900 $925,000 $893,900
2023 $11,077 $1,818,900 $925,000 $893,900
2022 $10,331 $1,818,900 $925,000 $893,900
2021 $9,949 $1,818,900 $925,000 $893,900
2020 $9,567 $1,818,900 $925,000 $893,900
2019 $9,276 $1,818,900 $925,000 $893,900
2018 $8,876 $1,818,900 $925,000 $893,900
2017 $6,688 $1,202,800 $850,000 $352,800
2016 $6,615 $1,202,800 $850,000 $352,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Travis Marshall

    LONG & FOSTER REAL ESTATE, INC av

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 158078

Cape May County Association of REALTORS®

APN: 01-00023-07-00139-563

New Jersey Cape May County Avalon 08202

563 24th St Unit C-B, Avalon, NJ

This home is located at 563 24th St Unit C-B, Avalon, NJ 08202 since 23 May 2014 and is currently estimated at $3,851,162. This property was built in 2014. 563 24th St Unit C-B 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.

Nearby Homes