$1,400,000
SOLD APR 27, 2018

70 24th St W Avalon, NJ 08202

5 Beds
3 Baths
2,236 Sq Ft
1.15 Acres

Recently Sold

$626 Per Sq Ft

4 Days on Market

About This Home

As of December 2019

This home is located at 70 24th St W, Avalon, NJ 08202 and is currently priced at $1,400,000, approximately $626 per square foot. 70 24th St W is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

William Albrecht

COMPASS RE - Avalon Listed on: 02/21/2018

Last Buyer's Agent

William Albrecht

COMPASS RE - Avalon Listed on: 02/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,524

Lot Details

  • Lot Dimensions are 50 x 110

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 14 / 24.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,524

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 01-Avalon Borough
  • Near: Beach
  • New Construction: No
  • Second Address Number: 70
  • Lot Size2: 50 x 110
  • Selling Agent1: 2709
  • Selling Office1: 61
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 9

Exterior Features

  • Frontage: 50
  • House Color: Blue

Lot Info

  • Lot Number: 14
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1173400
  • Zoning: Res

Tax Info

  • Taxes: 6524.1

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%
Current Estimated Value
$5,093,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,143,998
Avg. Annual Appreciation
10.05%

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
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 Type Sale Price Title Company
Deed $2,950,000 None Available
Deed $1,400,000 --
Quit Claim Deed -- --
Deed $615,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,000,000 Credit Line Revolving
Previous Owner $1,785,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $980,000 Purchase Money Mortgage
Previous Owner $1,100,000 Unknown
Previous Owner $1,011,350 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $457,500 No Value Available
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

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 $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

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 181627

Cape May County Association of REALTORS®

APN: 01-00024-02-00014