NOT LISTED FOR SALE

700 Ocean Dr Unit D4 Avalon, NJ 08202

Estimated Value: $1,356,000 - $1,436,000

3 Beds
2 Baths
1,344 Sq Ft
$1,041/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2021

Last sale price $999,000 $743 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,469 / mo

2 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Avalon Elementary School Rated A
  • Corner Lot
  • 4-minute walk to 8th Street Recreation Center

About This Home

As of August 2021

This home is located at 700 Ocean Dr Unit D4, Avalon, NJ 08202 since 12 May 2021 and is currently estimated at $1,399,721, approximately $1,041 per square foot. This property was built in 2006. 700 Ocean Dr Unit D4 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 05/12/2021

Last Buyer's Agent

John (Jack) Binder Jr

FERGUSON-DECHERT, INC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,334

Year Built

  • Built in 2006

Lot Details

  • 1.79

HOA Fees

  • $550 Monthly HOA Fees

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 73-CD4 / 7.10

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,334

Year Built

Built in 2006

Lot Details

1.79 Acres

HOA Fees

$550 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Corner, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2006
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1344
  • Other Rooms: Eat In Kitchen, Dining Area, Laundry/Utility Room, Great Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Cable TV, Outside Shower, Pool, Whirlpool/Spa
  • Condo Fees: 1650
  • Unit Features: Fireplace, Wall To Wall Carpet, Foyer
  • Unit Location: Corner

Lot Info

  • Lot Number: 73-CD4
  • Zoning: m-b

Tax Info

  • Taxes: 3333.79
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 6, 2021
Sold by
Landers Richard J and Landers Mary B
Bought by
Seward John J and Seward Jennifer L
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$1,025,000
Sold Price
$999,000
Premium/Discount to List
-$26,000
-2.54%
Current Estimated Value
$1,422,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,794
Avg. Annual Appreciation
7.47%
Original Mortgage
$699,300
Outstanding Balance
$635,880
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$763,841

Purchase Details

Closed on
Jun 29, 2017
Sold by
Peters Elizabeth J
Bought by
Landers Richard J and Landers Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 1993
Sold by
Monahan Eugene and Monahan Patricia
Bought by
Peters Thomas R and Peters Elizabeth J
Source: Public Records

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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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
Seward John J $999,000 None Available
Landers Richard J $655,000 None Available
Peters Thomas R $164,000 --
Peters Thomas R $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seward John J $699,300
Previous Owner Landers Richard J $491,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $999,000 -2.5% $743 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $1,025,000 -- $763 / Sq Ft
Source: Cape May County Association of REALTORS®

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
2025 $3,892 $633,800 $420,000 $213,800
2024 $3,892 $633,800 $420,000 $213,800
2023 $3,860 $633,800 $420,000 $213,800
2022 $3,467 $633,800 $420,000 $213,800
2021 $3,467 $633,800 $420,000 $213,800
2020 $3,334 $633,800 $420,000 $213,800
2019 $3,232 $633,800 $420,000 $213,800
2018 $3,093 $633,800 $420,000 $213,800
2017 $3,475 $625,000 $432,300 $192,700
2016 $3,438 $625,000 $432,300 $192,700
2015 $3,381 $625,000 $432,300 $192,700
2014 $3,344 $625,000 $432,300 $192,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 778-8656

    99 in this area

    125 Total Sales

    Jack Binder
    Section Image

  • J

    Buyer's Agent in 2021

    John (Jack) Binder Jr

    FERGUSON-DECHERT, INC

    (609) 778-8656

    122 in this area

    152 Total Sales

    John (Jack) Binder Jr
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211826

Cape May County Association of REALTORS®

APN: 01-00007-10-00073-0000-CD4

New Jersey Cape May County Avalon 08202

700 Ocean Dr Unit D4, Avalon, NJ

Not Listed for Sale

Townhouses

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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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