$2,100,000
SOLD JUN 14, 2017

6 Pelican Dr S Avalon, NJ 08202

4 Beds
4 Baths
2,723 Sq Ft
1.59 Acres

Recently Sold

$771 Per Sq Ft

24% Above List Price

35 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Avalon Elementary School Rated A
  • Boat Slip
  • Wood Flooring

About This Home

As of April 2019

Seller makes no warranties, expressed or implied, as to the condition of the property or the presence of any hazardous substances. Property is sold in "AS-IS" CONDITION. Buyer or buyer's agent is responsible for ordering all inspections required by local code and buyer shall pay the cost of the inspections and any corrections required by local code.

Last Agent to Sell the Property

Richard Cammarano

CENTURY 21 ALLIANCE wc Listed on: 04/11/2017

Last Buyer's Agent

John A. (Jack) Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,306

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 69x155
  • Property Fronts a Bay or Harbor

Interior Spaces

  • 2,723 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Crawl Space
  • Storage In Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Parking

  • 1.5 Car Attached Garage
  • Driveway

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Enclosed patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 81 / 86

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,306

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front
  • District Township: 01-Avalon Borough
  • Near: BAYFRONT
  • Estimated Year Built: 1993
  • New Construction: No
  • Second Address Number: 6
  • Lot Size2: 69x155
  • Price per Sq Ft: 771.21
  • Selling Agent1: 182
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Appliances Included: Range, Oven
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2723
  • Other Rooms: Living Room, Dining Room, Recreation/Family, Eat-In-Kitchen, Laundry/Utility Room, Library/Study, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Shingle
  • Outside Features: Deck, Enclosed/Covered Patio, Dock, Bulkhead, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 81
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 15305.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Apr 9, 2019
Sold by
Md Shore Invetsors 1 Llc
Bought by
Iott Andrew P and Lott Jenifer W
Seller's Agent
Matthew Mashura
OCEAN VIEW REALTY
Buyer's Agent
Maureen Hoey
Tim Kerr Sotheby's International Realty
List Price
$5,750,000
Sold Price
$5,700,000
Premium/Discount to List
-$50,000
-0.87%
Current Estimated Value
$8,862,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,162,006
Avg. Annual Appreciation
7.44%

Purchase Details

Listed on
Jul 11, 2017
Closed on
Feb 8, 2018
Sold by
Equity T Co
Bought by
Mb Shore Investors 1 Llc
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Richard Mashura
OCEAN VIEW REALTY
List Price
$2,695,000
Sold Price
$2,650,000
Premium/Discount to List
-$45,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.64%

Purchase Details

Closed on
Sep 14, 2017
Sold by
Equity Trust Co
Bought by
Beltz James R

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jun 14, 2017
Sold by
Jpmorgan Chase Bank Na
Bought by
Equity Trust Company Custodian
Seller's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
Buyer's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$1,690,000
Sold Price
$2,100,000
Premium/Discount to List
$410,000
24.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.50%

Purchase Details

Closed on
Mar 22, 2016
Sold by
Schaffer Gary G and Potts Daniel W
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jan 17, 2006
Sold by
Engel James D and Engel Patricia M
Bought by
Potts Daniel W and Potts Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,938,000
Interest Rate
7.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 9, 1992
Sold by
Friel Hugh J
Bought by
Engel James D and Engel Patricia M

Purchase Details

Closed on
Feb 6, 1991
Sold by
New Jersey Dep
Bought by
Friel Hugh J
Source: Public Records

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Range of Values:

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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 $5,700,000 --
Deed $2,650,000 --
Deed -- None Available
Deed $2,100,000 None Available
Sheriffs Deed -- None Available
Deed $3,300,000 Seaboard Title Company
Deed $375,000 --
Quit Claim Deed $36,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,938,000 Unknown
Previous Owner $2,755,120 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $5,700,000 0.0% $891 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
12/08/2018 12/08/18 Off Market $5,700,000 -- --
05/11/2018 05/11/18 For Sale $5,750,000 +117.0% $898 / Sq Ft
02/12/2018 02/12/18 Sold $2,650,000 -1.7% $973 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
07/11/2017 07/11/17 For Sale $2,695,000 +28.3% $990 / Sq Ft
06/14/2017 06/14/17 Sold $2,100,000 +24.3% $771 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $1,690,000 -- $621 / 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 $34,316 $5,588,900 $2,249,000 $3,339,900
2024 $34,316 $5,588,900 $2,249,000 $3,339,900
2023 $33,993 $5,581,800 $2,249,000 $3,332,800
2022 $31,705 $5,581,800 $2,249,000 $3,332,800
2021 $30,532 $5,581,800 $2,249,000 $3,332,800
2020 $29,360 $5,581,800 $2,249,000 $3,332,800
2019 $11,470 $2,249,000 $2,249,000 $0
2018 $10,975 $2,249,000 $2,249,000 $0
2017 $15,473 $2,782,900 $2,091,300 $691,600
2016 $15,306 $2,782,900 $2,091,300 $691,600
2015 $15,055 $2,782,900 $2,091,300 $691,600
2014 $14,889 $2,782,900 $2,091,300 $691,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175697

Cape May County Association of REALTORS®

APN: 01-00086-0000-00081