NOT LISTED FOR SALE

Estimated Value: $1,138,427

2 Beds
2 Baths
930 Sq Ft
1988 Built

Sale Details

Date Sold: February 21, 2020

Last sale price $659,000 $709 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,295 / mo

155 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Community Pool
  • Avalon Elementary School Rated A
  • Furnished
  • 2-minute walk to 8th Street Recreation Center

About This Home

As of February 2020

This home is located at 700 First Ave Unit 412, Avalon, NJ 08202 since 02 September 2019 and is currently estimated at $1,138,427, approximately $1,224 per square foot. This property was built in 1988. 700 First Ave Unit 412 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Joseph Butler

A LEWIS PURDY REAL ESTATE INC License #0337270 Listed on: 09/02/2019

Last Buyer's Agent

Jack Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV License #0787471

BERKSHIRE HATHAWAY HS FOX & ROACH - AV

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1988

HOA Fees

  • $567 Monthly HOA Fees

Interior Spaces

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

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Assigned Parking

Outdoor Features

  • Property near a bay

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 21 / 7.03

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,406

Year Built

Built in 1988

Lot Details

0 Sq Ft Lot

HOA Fees

$567 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1988
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit 412
  • 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, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • 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, 1 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Enclosed/Cov. Porch, Cable TV, Pool, Other (See Remarks)
  • Condo Fees: 567 month
  • Unit Features: Wall To Wall Carpet, Tile Floors
  • Unit Location: Other (See Remarks), Top Floor, Water View

Lot Info

  • Lot Number: 21

Tax Info

  • Taxes: 2405.84

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
Sep 2, 2019
Closed on
Feb 21, 2020
Sold by
Knight Douglas and Knight Gail D
Bought by
Seller's Agent
Joseph Butler
A LEWIS PURDY REAL ESTATE INC
Buyer's Agent
Jack Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$749,000
Sold Price
$659,000
Premium/Discount to List
-$90,000
-12.02%
Current Estimated Value
$1,138,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,427
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Mar 11, 1993
Bought by
Knight Douglas and Knight Gail D
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
$659,000 None Available
Knight Douglas -- --
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
02/21/2020 02/21/20 Sold $659,000 -12.0% $709 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
09/02/2019 09/02/19 For Sale $749,000 -- $805 / 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 $3,027 $493,000 $345,000 $148,000
2025 $3,027 $493,000 $345,000 $148,000
2024 $3,027 $493,000 $345,000 $148,000
2023 $3,002 $493,000 $345,000 $148,000
2022 $2,800 $493,000 $345,000 $148,000
2021 $2,697 $493,000 $345,000 $148,000
2020 $2,593 $493,000 $345,000 $148,000
2019 $2,514 $493,000 $345,000 $148,000
2018 $2,406 $493,000 $345,000 $148,000
2017 $2,780 $500,000 $344,300 $155,700
2016 $2,750 $500,000 $344,300 $155,700
2015 $2,705 $500,000 $344,300 $155,700
2014 $2,675 $500,000 $344,300 $155,700
Source: Public Records

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189360

Cape May County Association of REALTORS®

APN: 01-00007-03-00021-0000-C-412

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