NOT LISTED FOR SALE

700 Ocean Dr Unit H5 Avalon, NJ 08202

Estimated Value: $1,284,000 - $1,521,000

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. 108% increase in value since last sale

Current estimated payment $7,634/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
  • 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

  • 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
$1,388,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,344
Avg. Annual Appreciation
9.20%
Original Mortgage
$4,240,000
Outstanding Balance
$2,289,003
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
-$900,659

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
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

    130 in this area

    159 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

Not Listed for Sale

Condos

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