NOT LISTED FOR SALE

700 Ocean Dr Unit H4 Avalon, NJ 08202

Estimated Value: $2,165,000

3 Beds
2 Baths
1,344 Sq Ft
1.79 Acres

Last Sold March 31, 2015

Last sale price $905,000 $673 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $12,592/month

29 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Furnished
  • Avalon Elementary School Rated A
  • Corner Lot
  • Community Pool

About This Home

As of March 2015

Fantastic sunset views from the top floor, corner unit located in Avalon's premium waterfront townhome complex, Windward Harbor! Enjoy spectacular views of the bay from all angles and the turn key condition of this end unit. The corner location provides privacy that you won't find in any other unit. 3 bedrooms, 2 full baths and a powder room allow for plenty of room for your guests. The second floor includes a beautiful living room, dining area, and kitchen complete with hardwood flooring, granite countertops, a gas fireplace, and access to your private deck. The waterfront master bedroom complete with a gorgeous master bath with private deck access are located on the third floor of the townhome. Also on the third floor is another bedroom with gorgeous bay views, a hall bath, and the laundry room. Owning a unit in Windward Harbor includes access to a great common area pool and spa, two storage lockers, and common area barbeque grills. The unit is sold furnished less personal items. This stunning unit is perfect for your weekend getaways to Avalon, call today to set up an appointment!

Last Listed By

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 01/31/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 2006

Lot Details

  • 1.79

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

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

Additional Features

  • Outdoor Shower
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Legal Lot and Block 73 / 7

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,280

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Bay Front, Corner, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Curtains, Furniture
  • Estimated Year Built: 2006
  • Beach Proximity: 4 Blocks
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • 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: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: H4
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool, Whirlpool/Spa
  • Condo Fees: 1350/Qtr
  • Unit Features: Fireplace, Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Water View, Corner

Lot Info

  • Lot Number: 73
  • Total Assessment: 800000
  • Zoning: Multi Fam

Tax Info

  • Taxes: 4280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2015
Closed on
Mar 31, 2015
Sold by
Mcgrath Michael J and Mcgrath Judith M
Bought by
Covalesky Andrew J and Picciano Laura Lee S
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$950,000
Sold Price
$905,000
Premium/Discount to List
-$45,000
-4.74%
Total Days on Market
29
Current Estimated Value
$2,165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,260,000
Avg. Annual Appreciation
9.81%
Original Mortgage
$724,000
Outstanding Balance
$565,922
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$1,776,078

Purchase Details

Closed on
Aug 9, 2000
Sold by
Bucks Carl W
Bought by
Mcgrath Michael J and Mcgrath Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.13%

Purchase Details

Closed on
May 1, 1995
Sold by
Whitlock Thomas D
Bought by
Bucks Carl W and Bucks Mary Belle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.31%

Range of Values:

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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
Covalesky Andrew J $905,000 Seaboard Title Agency
Mcgrath Michael J $376,666 --
-- $376,700 --
Bucks Carl W $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covalesky Andrew J $724,000
Previous Owner Mcgrath Michael J $200,000
Previous Owner Mcgrath Michael J $700,000
Previous Owner Mcgrath Michael J $0
Previous Owner Mcgrath Michael J $500,000
Previous Owner -- $252,700
Previous Owner Bucks Carl W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $905,000 -4.7% $673 / Sq Ft
03/01/2015 03/01/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $950,000 -- $707 / 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 $5,678 $924,800 $711,000 $213,800
2023 $5,632 $924,800 $711,000 $213,800
2022 $5,253 $924,800 $711,000 $213,800
2021 $5,059 $924,800 $711,000 $213,800
2020 $4,864 $924,800 $711,000 $213,800
2019 $4,716 $924,800 $711,000 $213,800
2018 $4,513 $924,800 $711,000 $213,800
2017 $4,448 $800,000 $607,300 $192,700
2016 $4,400 $800,000 $607,300 $192,700
2015 $4,328 $800,000 $607,300 $192,700
2014 $4,280 $800,000 $607,300 $192,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162133

Cape May County Association of REALTORS®

APN: 01-00007-10-00073-0000-CH4