NOT LISTED FOR SALE

700 1st Ave Unit 214 Avalon, NJ 08202

Estimated Value: $951,000 - $1,330,000

2 Beds
2 Baths
930 Sq Ft
$643/mo HOA Fee

Last Sold November 18, 2022

Last sale price $875,000 $941 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,037/month

1 Day on Market

Highlights

  • Water Views
  • Property is near a beach
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Island Location
  • Corner Lot

About This Home

As of November 2022

This home is located at 700 1st Ave Unit 214, Avalon, NJ 08202 since 26 September 2022 and is currently estimated at $1,099,111, approximately $1,181 per square foot. This property was built in 1988. 700 1st Ave Unit 214 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: 09/26/2022

COMPASS RE - Avalon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,587

Year Built

  • 1988

Lot Details

  • 1,220

HOA Fees

  • $643 Monthly HOA Fees

Property Views

  • Water
  • Pool

Interior Spaces

  • 1-Story Property
  • Partially Furnished
  • Blinds
  • Living Room
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Property is near a beach
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 21 / 7.03

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,587

Year Built

1988

Lot Details

0

HOA Fees

$643 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Partial Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit 214
  • Second Address Number: 700
  • Selling Agent1: 531
  • Selling Office1: 849
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1988

Interior Features

  • Appliances Included: Range, Self-Clean Oven, 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, Pantry

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: 214
  • Common Area Features: Elevator, Patio, Deck/Porch, Pool
  • Condo Fees: 643.49
  • Unit Features: Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: Pool View, Water View

Lot Info

  • Lot Number: 21

Tax Info

  • Taxes: 2587.31
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Nov 18, 2022
Sold by
Walters Theodore and Walters Carolyn
Bought by
Garcia Eric H and Garcia Laura S
Seller's Agent
ELIZABETH ANN LEAHY
COMPASS RE - Avalon
Buyer's Agent
ELIZABETH ANN LEAHY
COMPASS RE - Avalon
List Price
$875,000
Sold Price
$875,000
Total Days on Market
1
Current Estimated Value
$1,099,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,111
Avg. Annual Appreciation
9.43%
Original Mortgage
$700,000
Outstanding Balance
$677,685
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$421,426

Purchase Details

Closed on
Oct 21, 2004
Sold by
Mckay John H and Mckay Elizabeth A
Bought by
Walters Theodore and Schlitt Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,200
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1998
Sold by
Krwawecz John
Bought by
Mckay John H and Mckay Elizabeth A

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
Garcia Eric H $875,000 Shore Title
Walters Theodore $554,000 --
Mckay John H $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Eric H $700,000
Previous Owner Schlitt Carolyn $358,000
Previous Owner Schlitt Carolyn $398,000
Previous Owner Schlitt Carolyn $417,000
Previous Owner Walters Theodore $443,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $875,000 0.0% $941 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $875,000 -- $941 / 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 $2,904 $473,000 $325,000 $148,000
2023 $2,881 $473,000 $325,000 $148,000
2022 $2,687 $473,000 $325,000 $148,000
2021 $2,587 $473,000 $325,000 $148,000
2020 $2,488 $473,000 $325,000 $148,000
2019 $2,412 $473,000 $325,000 $148,000
2018 $2,308 $473,000 $325,000 $148,000
2017 $2,669 $480,000 $324,300 $155,700
2016 $2,640 $480,000 $324,300 $155,700
2015 $2,597 $480,000 $324,300 $155,700
2014 $2,568 $480,000 $324,300 $155,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    ELIZABETH ANN LEAHY

    COMPASS RE - Avalon

    (609) 827-0917

    7 in this area

    35 Total Sales

    ELIZABETH ANN LEAHY
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223565

Cape May County Association of REALTORS®

APN: 01-00007-03-00021-0000-C-214

New Jersey Cape May County Avalon 08202

700 1st Ave Unit 214, Avalon, NJ

Homes for Sale in Avalon, NJ

This home is located at 700 1st Ave Unit 214, Avalon, NJ 08202 since 26 September 2022 and is currently estimated at $1,099,111, approximately $1,181 per square foot. This property was built in 1988. 700 1st Ave Unit 214 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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