NOT LISTED FOR SALE

700 1st Ave Unit 207 Avalon, NJ 08202

Estimated Value: $951,000 - $1,535,000

2 Beds
2 Baths
930 Sq Ft
1,220 Sq Ft Lot

Last Sold November 22, 2017

Last sale price $530,000 $570 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $7,418/month

6 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Furnished
  • Avalon Elementary School Rated A
  • Island Location
  • Community Pool

About This Home

As of November 2017

This home is located at 700 1st Ave Unit 207, Avalon, NJ 08202 since 12 September 2017 and is currently estimated at $1,284,985, approximately $1,381 per square foot. This property was built in 1988. 700 1st Ave Unit 207 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

ELIZABETH ANN LEAHY

COMPASS RE - Avalon Listed on: 09/12/2017

COMPASS RE - Avalon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1988

Lot Details

  • 1,220

Parking

  • Assigned Parking

Property Views

  • Water
  • Pool

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 21 / 7

Community Details

Amenities

  • Building Patio
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,462

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1988
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 700
  • Listing Office2: 662
  • Selling Agent1: 3508
  • Selling Office1: 348
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1988

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 207
  • Common Area Features: Elevator, Patio, Outside Shower, Pool
  • Condo Fees: $567 month
  • Unit Features: Wall To Wall Carpet
  • Unit Location: Pool View, Water View

Lot Info

  • Lot Number: 21
  • Zoning: R-1C

Tax Info

  • Taxes: 2462
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2023
Sold by
Hawthorne James C and Hawthorne Samantha B
Bought by
Brown Ann Marie
Total Days on Market
6
Current Estimated Value
$1,284,985

Purchase Details

Closed on
May 13, 2022
Sold by
Pierce Richard J and Pierce Dolores J
Bought by
Hawthorne James C and Hawthorne Samantha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2017
Closed on
Nov 22, 2017
Sold by
Harchuck Valerie A
Bought by
Pierce Richard J and Pierce Dolores J
Seller's Agent
ELIZABETH ANN LEAHY
COMPASS RE - Avalon
Buyer's Agent
JANE PRINSKI
BERKSHIRE HATHAWAY HS FOX & ROACH sic
List Price
$538,000
Sold Price
$530,000
Premium/Discount to List
-$8,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$300,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2012
Sold by
Hagerty Jay S and Hagerty Donna A
Bought by
Harchuck Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.36%
Mortgage Type
New Conventional

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
Brown Ann Marie $1,250,000 Sunset Title
Hawthorne James C $789,000 Trident Land Transfer
Pierce Richard J $530,000 None Available
Harchuck Valerie A $445,000 Freedom Title & Abstract Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawthorne James C $500,000
Previous Owner Pierce Richard J $300,000
Previous Owner Harchuck Valerie A $333,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $530,000 -1.5% $570 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $538,000 -- $578 / 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 $2,705 $440,500 $292,500 $148,000
2023 $2,683 $440,500 $292,500 $148,000
2022 $2,502 $440,500 $292,500 $148,000
2021 $2,410 $440,500 $292,500 $148,000
2020 $2,317 $440,500 $292,500 $148,000
2019 $2,247 $440,500 $292,500 $148,000
2018 $2,150 $440,500 $292,500 $148,000
2017 $2,489 $447,600 $291,900 $155,700
2016 $2,462 $447,600 $291,900 $155,700
2015 $2,422 $447,600 $291,900 $155,700
2014 $2,395 $447,600 $291,900 $155,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 178196

Cape May County Association of REALTORS®

APN: 01-00007-03-00021-0000-C-207