70 24th St W Avalon, NJ 08202
Estimated Value: $4,293,000 - $6,169,000
6
Beds
5
Baths
2,236
Sq Ft
$2,203/Sq Ft
Est. Value
Highlights
- Water Views
- New Construction
- Property is near a beach
- Avalon Elementary School Rated A
- In Ground Pool
- Island Location
About This Home
As of December 2019This home is located at 70 24th St W, Avalon, NJ 08202 since 26 August 2019 and is currently estimated at $4,925,882, approximately $2,202 per square foot. This property was built in 2019. 70 24th St W is a home located in Cape May County with nearby schools including Avalon Elementary School.
Last Listed By
William Albrecht
COMPASS RE - Avalon Listed on: 08/26/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,524
Year Built
- Built in 2019 | New Construction
Lot Details
- Lot Dimensions are 50 x 110
- Fenced Yard
- Interior Lot
- Sprinkler System
- Property is zoned r-1c
Parking
- 4 Car Garage
Interior Spaces
- 3-Story Property
- Cathedral Ceiling
- Gas Fireplace
- Living Room
- Dining Room
- Storage
- Water Views
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 5 Full Bathrooms
Laundry
- Laundry Room
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Property is near a beach
- Property near a bay
- Deck
- Outdoor Storage
Location
- Island Location
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 14 / 24.02
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2019
Closed on
Dec 13, 2019
Sold by
Av 24 Llc
Bought by
70 W 24Th Street Assoc
Seller's Agent
William Albrecht
COMPASS RE - Avalon
Buyer's Agent
William Albrecht
COMPASS RE - Avalon
List Price
$3,095,000
Sold Price
$2,950,000
Premium/Discount to List
-$145,000
-4.68%
Total Days on Market
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,975,882
Avg. Annual Appreciation
10.50%
Purchase Details
Listed on
Feb 21, 2018
Closed on
Apr 27, 2018
Sold by
Mele Robert J and Mele Margaret A
Bought by
Av 24 Llc
Seller's Agent
William Albrecht
COMPASS RE - Avalon
Buyer's Agent
William Albrecht
COMPASS RE - Avalon
List Price
$1,400,000
Sold Price
$1,400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.97%
Original Mortgage
$980,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 2000
Purchase Details
Closed on
Apr 12, 2000
Sold by
Knoetgen Elaine V Fisher
Bought by
Mele Robert J and Mele Margaret A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
8.21%
Purchase Details
Closed on
Mar 10, 1989
Sold by
Knoetgen James and Knoetgen Elaine
Bought by
Knoetgen Eleaine Fisher
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 70 W 24Th Street Assoc | $2,950,000 | None Available | |
| Av 24 Llc | $1,400,000 | -- | |
| -- | -- | -- | |
| Mele Robert J | $615,000 | -- | |
| Knoetgen Eleaine Fisher | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 70 W 24Th Street Associates Ll | $2,000,000 | |
| Previous Owner | Av24 Llc | $1,785,000 | |
| Previous Owner | Av 24 Llc | $980,000 | |
| Previous Owner | Mele Robert J | $1,100,000 | |
| Previous Owner | Mele Robert J | $1,011,350 | |
| Previous Owner | Mele Robert J | $150,000 | |
| Previous Owner | Mele Robert J | $457,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2019 12/13/19 | Sold | $2,950,000 | -4.7% | $1,319 / Sq Ft |
| 10/31/2019 10/31/19 | Pending | -- | -- | -- |
| 08/26/2019 08/26/19 | For Sale | $3,095,000 | +121.1% | $1,384 / Sq Ft |
| 04/27/2018 04/27/18 | Sold | $1,400,000 | 0.0% | $626 / Sq Ft |
| 03/28/2018 03/28/18 | Pending | -- | -- | -- |
| 02/21/2018 02/21/18 | For Sale | $1,400,000 | -- | $626 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $15,788 | $2,571,400 | $1,200,000 | $1,371,400 |
| 2023 | $15,660 | $2,571,400 | $1,200,000 | $1,371,400 |
| 2022 | $14,606 | $2,571,400 | $1,200,000 | $1,371,400 |
| 2021 | $14,034 | $2,571,400 | $1,200,000 | $1,371,400 |
| 2020 | $13,526 | $2,571,400 | $1,200,000 | $1,371,400 |
| 2019 | $6,120 | $1,200,000 | $1,200,000 | $0 |
| 2018 | $7,210 | $1,477,500 | $1,200,000 | $277,500 |
| 2017 | $6,524 | $1,173,400 | $900,000 | $273,400 |
| 2016 | $6,454 | $1,173,400 | $900,000 | $273,400 |
| 2015 | $6,348 | $1,173,400 | $900,000 | $273,400 |
| 2014 | $6,278 | $1,173,400 | $900,000 | $273,400 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2019
William Albrecht
COMPASS RE - Avalon
Map
Source: Cape May County Association of REALTORS®
MLS Number: 189253
APN: 01-00024-02-00014
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