NOT LISTED FOR SALE

700 Ocean Dr Unit H5 Avalon, NJ 08202

Estimated Value: $1,227,000 - $1,352,000

3 Beds
2 Baths
1,344 Sq Ft
1.79 Acres

Last Sold August 31, 2017

Last sale price $668,000 $497 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,286/month

18 Days on Market

Highlights

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

About This Home

As of August 2017

Exclusion list and condominium documents in associated docs. Condo fee includes $1325 condo fee plus $225 reserve fee per quarter.

Last Agent to Sell the Property

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 07/07/2017

Last Buyer's Agent

John (Jack) Binder Jr

FERGUSON-DECHERT, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 2006

Lot Details

  • 1.79

Property Views

  • Water
  • Pool

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

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 / 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

$3,300

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Furniture
  • Estimated Year Built: 2006
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 700
  • Price per Sq Ft: 497.02
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • 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, 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: 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

  • Unit: H5
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool, Whirlpool/Spa
  • Condo Fees: 1550/QTR
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: Pool View, Top Floor, Water View

Lot Info

  • Lot Number: 73

Tax Info

  • Taxes: 3300
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 31, 2017
Sold by
Galbraith Galbraith C and Galbraith Kathleen M
Bought by
Dooley Jeanette Lake
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$699,000
Sold Price
$668,000
Premium/Discount to List
-$31,000
-4.43%
Current Estimated Value
$1,310,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,382
Avg. Annual Appreciation
8.67%
Original Mortgage
$4,240,000
Outstanding Balance
$2,289,003
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
-$978,621

Purchase Details

Closed on
Sep 24, 1996
Sold by
Forrest Edwin W
Bought by
Gailbraith Gailbraith C and Gailbraith Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.83%

Purchase Details

Closed on
Jun 28, 1991
Sold by
Leahy William J
Bought by
Panebianco Patrice

Purchase Details

Closed on
Oct 5, 1990
Sold by
Sherman Lee and Sherman Phyllis Z
Bought by
Leahy William J
Source: Public Records

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
Dooley Jeanette Lake $668,000 Seaboard Title Agency
Gailbraith Gailbraith C $158,000 --
Panebianco Patrice $134,000 --
Leahy William J $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dooley Jeanette Lake $4,240,000
Previous Owner Gailbraith Gailbraith C $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $668,000 -4.4% $497 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $699,000 -- $520 / 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 $4,052 $660,000 $446,200 $213,800
2024 $4,052 $660,000 $446,200 $213,800
2023 $4,019 $660,000 $446,200 $213,800
2022 $3,749 $660,000 $446,200 $213,800
2021 $3,610 $660,000 $446,200 $213,800
2020 $3,472 $660,000 $446,200 $213,800
2019 $3,366 $660,000 $446,200 $213,800
2018 $3,221 $660,000 $446,200 $213,800
2017 $3,336 $600,000 $407,300 $192,700
2016 $3,300 $600,000 $407,300 $192,700
2015 $3,246 $600,000 $407,300 $192,700
2014 $3,210 $600,000 $407,300 $192,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John "Jack" Vizzard

    BERKSHIRE HATHAWAY HS FOX & ROACH - AV

  • J

    Buyer's Agent in 2017

    John (Jack) Binder Jr

    FERGUSON-DECHERT, INC

    (609) 778-8656

    131 in this area

    164 Total Sales

    John (Jack) Binder Jr
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177137

Cape May County Association of REALTORS®

APN: 01-00007-10-00073-0000-CH5

New Jersey Cape May County Avalon 08202

700 Ocean Dr Unit H5, Avalon, NJ

This home is located at 700 Ocean Dr Unit H5, Avalon, NJ 08202 since 07 July 2017 and is currently estimated at $1,310,382, approximately $974 per square foot. This property was built in 2006. 700 Ocean Dr Unit H5 is a home located in Cape May County with nearby schools including Avalon Elementary School.

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