NOT LISTED FOR SALE

6063 Ocean Dr Avalon, NJ 08202

Estimated Value: $4,000,265 - $4,701,000

6 Beds
6 Baths
3,100 Sq Ft
$1,393/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $1,825,000 $589 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $24,556/month

168 Days on Market

Highlights

  • Water Views
  • Newly Remodeled
  • Property near a bay
  • Avalon Elementary School Rated A
  • In Ground Pool
  • Deck

About This Home

As of October 2016

Fall into the lap of luxury in this magnificent three-story custom built home. This brand new home includes a private bath for each of its 6 bedrooms plus two additional powder rooms. The vast great room is strictly suited to your fine taste with its vaulted ceiling and deck with unmatched bay and wetland views. The impeccable gourmet kitchen is equipped with stainless steel appliances and upgraded stone tops. You will revel in the spectacular sunset from the second-floor living area and the third-floor master suite. Relax in the incredible pool with LED lit fountains. The pristine beaches of south Avalon are only two short blocks away! This home has it all and is the dream home of a lifetime!

Last Agent to Sell the Property

Robert J. Scully Jr

FERGUSON-DECHERT, INC Listed on: 03/19/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,724

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Interior Lot
  • Property is zoned R-1B

Home Design

  • Contemporary Architecture
  • Upside Down Style Home
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 7 / 60.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,724

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Water View
  • District Township: 01-Avalon Borough
  • Estimated Year Built: 2016
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 11
  • Basement: Crawl Space, Outside Entrance, Slab
  • Estimated Living Sq Ft: 3100
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Contemporary, Three Story
  • Exterior: Vinyl
  • Frontage: 50
  • Outside Features: Patio, Deck, Porch, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 7
  • Lot Size: 50' x 100'
  • Zoning: R-1B
  • Lot Size Range: 1 to 6000 SqFt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2016
Closed on
Oct 3, 2016
Sold by
7 Mile Rehab
Bought by
Mcdonnell Patrick J and Mcdonnell Seda
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
List Price
$1,899,000
Sold Price
$1,825,000
Premium/Discount to List
-$74,000
-3.9%
Current Estimated Value
$4,306,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,481,602
Avg. Annual Appreciation
9.71%
Original Mortgage
$1,460,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2014
Closed on
Apr 10, 2015
Sold by
Fiorelli Richard C and Fiorelli Lynne S
Bought by
7 Mile Rehab Limited Liability Company
Seller's Agent
Guy Sudell
FERGUSON-DECHERT, INC
List Price
$775,000
Sold Price
$685,000
Premium/Discount to List
-$90,000
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.89%
Original Mortgage
$410,000
Interest Rate
3.72%
Mortgage Type
Construction

Purchase Details

Closed on
May 21, 1982
Bought by
Fiorelli Richard C and Fiorelli Lynne S
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
Mcdonnell Patrick J $1,825,000 None Available
7 Mile Rehab Limited Liability Company $685,000 World Title Agency
Fiorelli Richard C $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonnell Patrick J $1,460,000
Previous Owner 7 Mile Rehab Limited Liability Company $758,354
Previous Owner 7 Mile Rehab Limited Liability Company $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $1,825,000 -3.9% $589 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $1,899,000 +177.2% $613 / Sq Ft
04/10/2015 04/10/15 Sold $685,000 -11.6% $394 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
08/25/2014 08/25/14 For Sale $775,000 -- $446 / 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
2024 $11,724 $1,909,500 $885,000 $1,024,500
2023 $11,629 $1,909,500 $885,000 $1,024,500
2022 $10,846 $1,909,500 $885,000 $1,024,500
2021 $10,445 $1,909,500 $885,000 $1,024,500
2020 $10,044 $1,909,500 $885,000 $1,024,500
2019 $9,738 $1,909,500 $885,000 $1,024,500
2018 $9,318 $1,909,500 $885,000 $1,024,500
2017 $9,383 $1,687,500 $816,700 $870,800
2016 $4,912 $893,000 $816,700 $76,300
2015 $4,831 $893,000 $816,700 $76,300
2014 -- $893,000 $816,700 $76,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169167

Cape May County Association of REALTORS®

APN: 01-00060-04-00007