NOT LISTED FOR SALE

6902 Ocean Dr Avalon, NJ 08202

Estimated Value: $7,197,083 - $8,048,000

6 Beds
5 Baths
-- Sq Ft
65,340 Sq Ft Lot

Last Sold April 21, 2017

Last sale price $3,800,000

Est. 102% increase in value since last sale

Current estimated payment $42,557/month

141 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 4-minute walk to Avalon Bird Viewing Park

About This Home

As of April 2017

This home is located at 6902 Ocean Dr, Avalon, NJ 08202 since 03 August 2016 and is currently estimated at $7,660,771. This property was built in 2004. 6902 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Roger Soens

COMPASS RE - Avalon Dune License #8532954 Listed on: 08/03/2016

COMPASS RE - Avalon Dune

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,555

Year Built

  • Built in 2004

Lot Details

  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Den
  • Sun or Florida Room
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Docks
  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / 69

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,555

Year Built

Built in 2004

Lot Details

1.5 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Furniture, See Remarks
  • Estimated Year Built: 2004
  • New Construction: No
  • Lot Size2: 65 x 230 +
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 14
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Laundry/Utility Room, Library/Study, Florida Room, See Remarks

Exterior Features

  • Construction: Three Story
  • Exterior: Wood
  • House Color: Green
  • Outside Features: Deck, Enclosed/Covered Patio, Screened Porch, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, See Remarks

Utilities

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

Lot Info

  • Lot Number: 2
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 22554.83
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Mar 30, 2017
Sold by
Miller Joseph J
Bought by
Buckingham Philip M and Buckingham Lisa M
Seller's Agent
Roger Soens
COMPASS RE - Avalon Dune
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$4,400,000
Sold Price
$3,800,000
Premium/Discount to List
-$600,000
-13.64%
Current Estimated Value
$7,660,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,860,771
Avg. Annual Appreciation
8.19%
Original Mortgage
$2,400,000
Outstanding Balance
$1,942,445
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,718,326

Purchase Details

Closed on
Feb 24, 2012
Sold by
Miller Joseph J and Miller Susan B
Bought by
Miller Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Buckingham Philip M $380,000,000 None Available
Miller Joseph J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckingham Philip M $2,400,000
Previous Owner Miller Joseph J $790,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2017 04/21/17 Sold $3,800,000 -13.6% --
03/22/2017 03/22/17 Pending -- -- --
08/03/2016 08/03/16 For Sale $4,400,000 -- --
Source: Cape May County Association of REALTORS®

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 $27,133 $4,419,000 $2,306,300 $2,112,700
2024 $27,133 $4,419,000 $2,306,300 $2,112,700
2023 $26,912 $4,419,000 $2,306,300 $2,112,700
2022 $25,100 $4,419,000 $2,306,300 $2,112,700
2021 $24,172 $4,419,000 $2,306,300 $2,112,700
2020 $23,244 $4,419,000 $2,306,300 $2,112,700
2019 $22,537 $4,419,000 $2,306,300 $2,112,700
2018 $21,399 $4,385,000 $2,306,300 $2,078,700
2017 $23,180 $4,169,100 $2,280,200 $1,888,900
2016 $22,930 $4,169,100 $2,280,200 $1,888,900
2015 $22,555 $4,169,100 $2,280,200 $1,888,900
2014 $22,305 $4,169,100 $2,280,200 $1,888,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Roger Soens

    COMPASS RE - Avalon Dune

    (609) 967-0466

    50 in this area

    60 Total Sales

    Roger Soens
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171624

Cape May County Association of REALTORS®

APN: 01-00069-05-00002-04

New Jersey Cape May County Avalon 08202

6902 Ocean Dr, Avalon, NJ

Not Listed for Sale

Detached

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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.

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