NOT LISTED FOR SALE

700 Ocean Dr Unit E4 Avalon, NJ 08202

Estimated Value: $1,326,211 - $1,394,000

3 Beds
2 Baths
1,344 Sq Ft
$550/mo HOA Fee

Last Sold August 26, 2022

Last sale price $1,130,000 $841 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,079/month

8 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Great Room
  • Avalon Elementary School Rated A
  • Furnished
  • 4-minute walk to 8th Street Recreation Center

About This Home

As of August 2022

This home is located at 700 Ocean Dr Unit E4, Avalon, NJ 08202 since 01 July 2022 and is currently estimated at $1,372,803, approximately $1,021 per square foot. This property was built in 2006. 700 Ocean Dr Unit E4 is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Matthew Brunner

FERGUSON-DECHERT, INC Listed on: 07/01/2022

Last Buyer's Agent

Matthew Brunner

FERGUSON-DECHERT, INC Listed on: 07/01/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 2006

Lot Details

  • 1.79

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

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

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property near a bay

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 73-CE4 / 7.10

Community Details

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,604

Year Built

Built in 2006

Lot Details

0

HOA Fees

$550 per month

Listing Details

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

Interior Features

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

Garage/Parking

  • Parking: Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Pool
  • Condo Fees: 1650
  • Unit Features: Fireplace, Wall To Wall Carpet, Foyer, Tile Floors
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 73-CE4

Tax Info

  • Taxes: 3603.64
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 19, 2022
Sold by
Carroll Chaplin Denise
Bought by
Hogentogler Michael and Hogentogler Kathleen
Seller's Agent
Matthew Brunner
FERGUSON-DECHERT, INC
Buyer's Agent
Matthew Brunner
FERGUSON-DECHERT, INC
List Price
$1,125,000
Sold Price
$1,130,000
Premium/Discount to List
$5,000
0.44%
Current Estimated Value
$1,372,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,803
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,000,000
Outstanding Balance
$951,057
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$421,746
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
Hogentogler Michael $1,130,000 --
Hogentogler Michael $1,130,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogentogler Michael $1,000,000
Closed Hogentogler Michael $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $1,130,000 +0.4% $841 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $1,125,000 -- $837 / 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
2025 $4,045 $658,800 $445,000 $213,800
2024 $4,045 $658,800 $445,000 $213,800
2023 $4,012 $658,800 $445,000 $213,800
2022 $3,742 $658,800 $445,000 $213,800
2021 $3,604 $658,800 $445,000 $213,800
2020 $3,465 $658,800 $445,000 $213,800
2019 $3,360 $658,800 $445,000 $213,800
2018 $3,215 $658,800 $445,000 $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

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222106

Cape May County Association of REALTORS®

APN: 01-00007-10-00073-0000-CE4