NOT LISTED FOR SALE

6998 Dune Dr Avalon, NJ 08202

Estimated Value: $5,634,000 - $5,937,772

6 Beds
6 Baths
-- Sq Ft
1.38 Acres

Last Sold May 23, 2018

Last sale price $3,300,000

Est. 76% increase in value since last sale

Current estimated payment $31,846/month

342 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • In Ground Pool
  • Island Location
  • Avalon Elementary School Rated A
  • Property is near a beach
  • Deck

About This Home

As of May 2018

This home is located at 6998 Dune Dr, Avalon, NJ 08202 since 11 May 2017 and is currently estimated at $5,803,924. This property was built in 2017. 6998 Dune Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Lawrence Fluehr

Coldwell Banker James C Otton Real Estate Listed on: 05/11/2017

Coldwell Banker James C Otton Real Estate

Last Buyer's Agent

Lawrence Fluehr

Coldwell Banker James C Otton Real Estate Listed on: 05/11/2017

Coldwell Banker James C Otton Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 60 x 100
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1B

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Storage
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In 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

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Deck
  • Patio
  • Porch

Location

  • Island Location

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 2,4,6,8,10 / 69

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,017

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 01-Avalon Borough
  • Estimated Year Built: 2017
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Lot Size2: 60 x 100
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2017

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 11
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Three Story
  • Exterior: Wood, Other
  • Outside Features: Patio, Deck, Porch, Fenced Yard, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Concrete Driveway, See Remarks

Utilities

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

Lot Info

  • Lot Number: 2,4,6,8,10
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-1B

Tax Info

  • Taxes: 2017
  • Tax Year: 7,749.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
May 13, 2018
Sold by
Sautter Custom Homes Inc
Bought by
Arroyo Neftali and Arroyo Anne
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
List Price
$3,495,000
Sold Price
$3,300,000
Premium/Discount to List
-$195,000
-5.58%
Current Estimated Value
$5,803,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,503,924
Avg. Annual Appreciation
7.69%
Original Mortgage
$2,300,000
Outstanding Balance
$1,980,376
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,823,548

Purchase Details

Closed on
Sep 20, 2016
Sold by
Jpl Properties Inc
Bought by
Sautter Custom Homes Inc

Purchase Details

Listed on
Dec 9, 2015
Closed on
May 20, 2016
Sold by
Estate Of James J Tracy
Bought by
Lashkevich P John
Seller's Agent
Douglas Newbold
NEWBOLD REAL ESTATE CO
List Price
$1,650,000
Sold Price
$1,525,000
Premium/Discount to List
-$125,000
-7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%

Purchase Details

Closed on
Oct 21, 1984
Bought by
Tracy James J
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
Arroyo Neftali $3,300,000 --
Sautter Custom Homes Inc $1,725,000 None Available
Jpl Properties Inc -- None Available
Lashkevich P John $1,525,000 Shore Title Agency Inc
Tracy James J $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Neftali $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2018 05/23/18 Sold $3,300,000 -5.6% --
04/23/2018 04/23/18 Pending -- -- --
05/11/2017 05/11/17 For Sale $3,495,000 +129.2% --
05/20/2016 05/20/16 Sold $1,525,000 -7.6% $757 / Sq Ft View Prior Sale
04/20/2016 04/20/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $1,650,000 -- $819 / 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 $17,977 $2,927,900 $1,550,000 $1,377,900
2024 $17,977 $2,927,900 $1,550,000 $1,377,900
2023 $17,754 $2,915,200 $1,550,000 $1,365,200
2022 $16,558 $2,915,200 $1,550,000 $1,365,200
2021 $15,946 $2,915,200 $1,550,000 $1,365,200
2020 $15,334 $2,915,200 $1,550,000 $1,365,200
2019 $14,868 $2,915,200 $1,550,000 $1,365,200
2018 $7,564 $1,550,000 $1,550,000 $0
2017 $6,116 $1,100,000 $1,100,000 $0
2016 $7,750 $1,454,500 $1,100,000 $354,500
2015 $7,619 $1,454,500 $1,100,000 $354,500
2014 $7,532 $1,454,500 $1,100,000 $354,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176222

Cape May County Association of REALTORS®

APN: 01-00069-04-00002