NOT LISTED FOR SALE

Estimated Value: $1,118,631

2 Beds
2 Baths
930 Sq Ft
1988 Built

Sale Details

Date Sold: June 6, 2022

Last sale price $949,000 $1,020 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,827 / mo

3 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to 8th Street Recreation Center

About This Home

As of June 2022

This home is located at 700 First Ave Unit 317, Avalon, NJ 08202 since 20 May 2022 and is currently estimated at $1,118,631, approximately $1,202 per square foot. This property was built in 1988. 700 First Ave Unit 317 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Roger Soens

COMPASS RE - Avalon Dune License #8532954 Listed on: 05/20/2022

COMPASS RE - Avalon Dune

Last Buyer's Agent

Mary Snyder, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1988

HOA Fees

  • $643 Monthly HOA Fees

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 21 / 7

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,642

Year Built

Built in 1988

Lot Details

0 Sq Ft Lot

HOA Fees

$643 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Blinds, Furniture, Other (See Remarks)
  • Estimated Year Built: 1988
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • 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
  • Estimated Living Sq Ft: 930
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: Garage, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool
  • Condo Fees: 643.49
  • Unit Features: Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Other (See Remarks), Water View

Lot Info

  • Lot Number: 21
  • Sub Block: 03
  • Total Assessment: 483000
  • Zoning: R-1C

Tax Info

  • Taxes: 2642.01
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 3, 2022
Sold by
Powell Michael S and Cantalamessa Elizabeth B
Bought by
Seller's Agent
Roger Soens
COMPASS RE - Avalon Dune
Buyer's Agent
Mary Snyder, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$949,000
Sold Price
$949,000
Current Estimated Value
$1,118,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,631
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Apr 8, 2014
Sold by
Kelly Suzanne M
Bought by
Powell Michael S and Cantalamessa Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1998
Sold by
Grutkowski Marla
Bought by
Kelly Suzanne M

Purchase Details

Closed on
Mar 31, 1997
Sold by
Hanifin Martin J
Bought by
Grutkowski Maria
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Avalon, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$949,000 Seaboard Title
Powell Michael S $435,000 Seaboard Title Agency
Kelly Suzanne M $185,000 --
Grutkowski Maria $169,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $348,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $949,000 0.0% $1,020 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $949,000 -- $1,020 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,966 $483,000 $335,000 $148,000
2025 $2,966 $483,000 $335,000 $148,000
2024 $2,966 $483,000 $335,000 $148,000
2023 $2,941 $483,000 $335,000 $148,000
2022 $2,743 $483,000 $335,000 $148,000
2021 $2,642 $483,000 $335,000 $148,000
2020 $2,541 $483,000 $335,000 $148,000
2019 $2,463 $483,000 $335,000 $148,000
2018 $2,357 $483,000 $335,000 $148,000
2017 $2,724 $490,000 $334,300 $155,700
2016 $2,695 $490,000 $334,300 $155,700
2015 $2,651 $490,000 $334,300 $155,700
2014 $2,622 $490,000 $334,300 $155,700
Source: Public Records

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221539

Cape May County Association of REALTORS®

APN: 01-00007-03-00021-0000-C-317

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