$1,450,000
SOLD NOV 11, 2021

591 24th St Unit 2ND FLOOR Avalon, NJ 08202

3 Beds
2 Baths
-- Sq Ft
6,490 Sq Ft Lot

Recently Sold

9% Below List Price

128 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Island Location
  • Great Room

About This Home

As of November 2021

The sale of 589 24th Street Avalon, NJ is subject to the condominium conversion currently in process. 24 hour notice has been requested for sale showings.

Last Agent to Sell the Property

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 06/06/2021

Co-Listed By

Gabriella Peracchia

BERKSHIRE HATHAWAY HS FOX & ROACH sic

Last Buyer's Agent

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 06/06/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,122

Year Built

  • Built in 1984

Parking

  • Stone Driveway

Interior Spaces

  • 1-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Living Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Bulkhead
  • Property Fronts a Bay or Harbor
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 143 / 23.07

Community Details

Recreation

  • Boat Dock

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,122

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay, Beach, Town
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1984
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 591
  • Listing Office2: 603
  • Selling Agent1: 2949
  • Selling Office1: 651
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1984

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Kitchen, Dining Area, Great Room, Storage Space

Garage/Parking

  • Parking: Stone Driveway

Utilities

  • Cooling: Ceiling Fan
  • Heating: Electric, Baseboard
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 2nd Floor
  • Common Area Features: Deck/Porch, Dock/Boat Slip, Bulkhead, Cable TV
  • Unit Features: Wall To Wall Carpet, Cathedral Ceiling
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 143

Tax Info

  • Taxes: 5121.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Krotec Joshua T and Zorc Catherine S
Bought by
591 Twenty Fourth Llc
Current Estimated Value
$3,113,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$969,837
Outstanding Balance
$707,964
Interest Rate
6.12%
Mortgage Type
Seller Take Back
Estimated Equity
$2,469,495

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 11, 2021
Sold by
Pollini Reynold and Pollini Margaret
Bought by
Krotec Joshua T and Krotec Catherine S
Seller's Agent
Gabriella Peracchia
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$1,599,000
Sold Price
$1,450,000
Premium/Discount to List
-$149,000
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.41%
Original Mortgage
$1,469,837
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 1986
Bought by
Krotec Joseph and Krotec Susan
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $1,450,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $969,837 Seller Take Back
Previous Owner $1,469,837 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2021 11/11/21 Sold $1,450,000 0.0% --
11/11/2021 11/11/21 Sold $1,450,000 -9.3% --
10/12/2021 10/12/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $1,599,000 0.0% --
06/06/2021 06/06/21 For Sale $1,599,000 -- --
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 $11,957 $1,947,400 $1,700,000 $247,400
2024 $11,957 $1,947,400 $1,700,000 $247,400
2023 $11,860 $1,947,400 $1,700,000 $247,400
2022 $11,061 $1,947,400 $1,700,000 $247,400
2021 $10,645 $1,947,400 $1,700,000 $247,400
2020 $10,243 $1,947,400 $1,700,000 $247,400
2019 $9,932 $1,947,400 $1,700,000 $247,400
2018 $9,503 $1,947,400 $1,700,000 $247,400
2017 $9,343 $1,680,400 $1,450,000 $230,400
2016 $9,242 $1,680,400 $1,450,000 $230,400
2015 $9,091 $1,680,400 $1,450,000 $230,400
2014 $8,990 $1,680,400 $1,450,000 $230,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 212075

Cape May County Association of REALTORS®

APN: 01-00023-07-00143