NOT LISTED FOR SALE

652 7th St Avalon, NJ 08202

Estimated Value: $5,556,000 - $8,480,719

6 Beds
5 Baths
5,000 Sq Ft
$1,500/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $4,397,125 $879 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $44,681/month

6 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Newly Remodeled
  • Avalon Elementary School Rated A
  • Boat Slip
  • In Ground Pool

About This Home

As of April 2018

This home is located at 652 7th St, Avalon, NJ 08202 since 12 January 2017 and is currently estimated at $7,499,680, approximately $1,499 per square foot. This property was built in 2017. 652 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

A Lewis Purdy

A LEWIS PURDY REAL ESTATE INC Listed on: 01/12/2017

Co-Listed By

Augustus Purdy

A LEWIS PURDY REAL ESTATE INC

Last Buyer's Agent

Laricks Real Estate

COMPASS RE - Sic

COMPASS RE - Sic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,560

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50' x 260'
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Water Views
  • Interior and Exterior Basement Entry
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 152, 151 / 7.08

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,560

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Estimated Year Built: 2017
  • New Construction: Yes
  • Second Address Number: 652
  • Listing Office2: 3
  • Lot Size2: 50' X 260'
  • Price per Sq Ft: 879.43
  • Selling Agent1: 800
  • Selling Office1: 49
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2017

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Wine Cooler
  • Interior Amenities: Bar, Elevator, Fireplace- Gas, Smoke/Fire Alarm, Walk in Closet
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 18
  • Basement: Outside Entrance, Inside Entrance, Masonry Floors/Wall
  • Estimated Living Sq Ft: 5000
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Three Story
  • Outside Features: Deck, Enclosed/Covered Patio, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached

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: 152, 151
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 11560.45
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Apr 27, 2018
Sold by
652 7Th Street Llc
Bought by
Bayfront Properties Llc
Seller's Agent
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
Buyer's Agent
Laricks Real Estate
COMPASS RE - Sic
List Price
$4,460,000
Sold Price
$4,397,125
Premium/Discount to List
-$62,875
-1.41%
Total Days on Market
6
Current Estimated Value
$7,499,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,102,555
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Jul 23, 2014
Sold by
Hammell Diane H and Diane H Hammell Declaration Of
Bought by
652 7Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,140,000
Interest Rate
4.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 2011
Sold by
Hammell Diane H
Bought by
Hammell Diane H and Diane H Hammell Declaration Of

Purchase Details

Closed on
Jul 15, 1996
Sold by
Thos Reich Trust
Bought by
Hammell Wm and Hammell Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.28%

Purchase Details

Closed on
Aug 9, 1991
Sold by
Reich Thomas W and Reich Elizabeth A
Bought by
Reich Thomas W and Reich Elizabeth A
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 Buyer Sale Price Title Company
Bayfront Properties Llc $4,397,125 --
652 7Th Street Llc $2,440,000 None Available
Hammell Diane H -- None Available
Hammell Wm $525,000 --
Reich Thomas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 652 7Th Street Llc $2,140,000
Previous Owner Hammell Wm $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $4,397,125 -1.4% $879 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
01/12/2017 01/12/17 For Sale $4,460,000 -- $892 / 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 $30,978 $5,045,200 $2,559,700 $2,485,500
2023 $30,725 $5,045,200 $2,559,700 $2,485,500
2022 $28,657 $5,045,200 $2,559,700 $2,485,500
2021 $27,597 $5,045,200 $2,559,700 $2,485,500
2020 $26,538 $5,045,200 $2,559,700 $2,485,500
2019 $25,731 $5,045,200 $2,559,700 $2,485,500
2018 $12,491 $2,559,700 $2,559,700 $0
2017 $11,687 $2,101,900 $2,101,900 $0
2016 $11,560 $2,101,900 $2,101,900 $0
2015 $11,371 $2,101,900 $2,101,900 $0
2014 $11,245 $2,101,900 $2,101,900 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    A Lewis Purdy

    A LEWIS PURDY REAL ESTATE INC

  • Augustus Purdy

    Seller Co-Listing Agent in 2018

    Augustus Purdy

    A LEWIS PURDY REAL ESTATE INC

    (609) 425-7545

    9 in this area

    28 Total Sales

    Augustus Purdy
    Section Image

  • L

    Buyer's Agent in 2018

    Laricks Real Estate

    COMPASS RE - Sic

    (877) 742-7253

    4 in this area

    186 Total Sales

    Laricks Real Estate
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 174066

Cape May County Association of REALTORS®

APN: 01-00007-08-00152

New Jersey Cape May County Avalon 08202

652 7th St, Avalon, NJ

This home is located at 652 7th St, Avalon, NJ 08202 since 12 January 2017 and is currently estimated at $7,499,680, approximately $1,499 per square foot. This property was built in 2017. 652 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

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