NOT LISTED FOR SALE

7 Flamingo Dr Avalon, NJ 08202

Estimated Value: $7,778,000 - $11,125,539

7 Beds
6 Baths
5,700 Sq Ft
$1,612/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $7,600,000 $1,333 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $51,193/month

221 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • In Ground Pool
  • Avalon Elementary School Rated A
  • New Construction
  • 2 Car Attached Garage

About This Home

As of February 2022

Please find the plans in associated documents

Last Agent to Sell the Property

Richard Mashura

OCEAN VIEW REALTY Listed on: 04/25/2021

Last Buyer's Agent

John (Jack) Binder Jr

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Lot Details

  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Attached Garage

Home Design

  • New Construction

Interior Spaces

  • 5,700 Sq Ft Home
  • 3-Story Property
  • Elevator

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Bulkhead
  • Boat Slip

Listing and Financial Details

  • Legal Lot and Block 71 / 85

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • New Construction: Yes
  • Lot Size2: 9,145 SF
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Elevator
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 7
  • Total Rooms: 13
  • Estimated Living Sq Ft: 5700

Exterior Features

  • Construction: Three Story
  • Frontage: 90
  • Outside Features: Bulkhead, In Ground Pool, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached

Utilities

  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 71
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 999999
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2021
Closed on
Feb 3, 2022
Sold by
Mb Shore Investors 2 Llc
Bought by
Taylor Matthew A and Taylor Judith V
Seller's Agent
Richard Mashura
OCEAN VIEW REALTY
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$8,200,000
Sold Price
$7,600,000
Premium/Discount to List
-$600,000
-7.32%
Current Estimated Value
$9,187,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,587,846
Avg. Annual Appreciation
5.22%
Original Mortgage
$5,320,000
Outstanding Balance
$4,934,011
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$4,253,835

Purchase Details

Listed on
Oct 22, 2019
Closed on
Apr 21, 2020
Sold by
Benice C Campbell Ret
Bought by
Mb Shore Investors 2 Llc
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Richard Mashura
OCEAN VIEW REALTY
List Price
$3,950,000
Sold Price
$3,250,000
Premium/Discount to List
-$700,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.49%

Purchase Details

Closed on
Jun 9, 2014
Sold by
Campbell Bernice C
Bought by
Campbell Bernice C and Bernice C Campbell Revocable Trust

Purchase Details

Closed on
May 15, 1991
Sold by
Njdep
Bought by
Campbell Philip and Campbell Bernice
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Taylor Matthew A $7,600,000 Seaboard Title
Taylor Matthew A $7,600,000 Seaboard Title
Mb Shore Investors 2 Llc $3,250,000 None Available
Campbell Bernice C -- None Available
Campbell Philip $1,500 --
Campbell Philip $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Matthew A $5,320,000
Closed Taylor Matthew A $5,320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2022 02/03/22 Sold $7,600,000 -7.3% $1,333 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $8,200,000 +152.3% $1,439 / Sq Ft
05/07/2020 05/07/20 Sold $3,250,000 -17.7% $918 / Sq Ft View Prior Sale
03/05/2020 03/05/20 Pending -- -- --
10/22/2019 10/22/19 For Sale $3,950,000 -- $1,116 / 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 $37,229 $6,063,300 $2,049,000 $4,014,300
2024 $37,229 $6,063,300 $2,049,000 $4,014,300
2023 $45,207 $7,423,100 $2,049,000 $5,374,100
2022 $11,208 $2,049,000 $2,049,000 $0
2021 $11,208 $2,049,000 $2,049,000 $0
2020 $12,925 $2,457,300 $2,049,000 $408,300
2019 $12,532 $2,457,300 $2,049,000 $408,300
2018 $11,992 $2,457,300 $2,049,000 $408,300
2017 $10,139 $1,823,600 $1,438,800 $384,800
2016 $10,030 $1,823,600 $1,438,800 $384,800
2015 $9,866 $1,823,600 $1,438,800 $384,800
2014 $9,756 $1,823,600 $1,438,800 $384,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211469

Cape May County Association of REALTORS®

APN: 01-00085-0000-00071