NOT LISTED FOR SALE

700 Ocean Dr Unit H6 Avalon, NJ 08202

Estimated Value: $1,284,000 - $1,472,000

3 Beds
2 Baths
1,344 Sq Ft
1.79 Acres

Last Sold November 21, 2017

Last sale price $675,000 $502 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,464/month

32 Days on Market

Highlights

  • Waterfront
  • Island Location
  • Corner Lot
  • Avalon Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to 8th Street Recreation Center

About This Home

As of November 2017

Realtors see associated documents for more information.

Last Agent to Sell the Property

Hugh Merkle

COMPASS RE - Avalon Dune License #8240140 Listed on: 08/29/2017

COMPASS RE - Avalon Dune

Last Buyer's Agent

Arden Smith

DILLER FISHER REALTORS

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
  • Drapes & Rods
  • Blinds
  • Living Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Utilities

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

Additional Features

  • Outdoor Shower
  • Waterfront
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 73 / 7

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

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: Corner, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay, Beach, Inlet
  • Also Includes: Drapes, Curtains, Shades, Blinds, Furniture
  • Estimated Year Built: 2006
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit H6
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1344
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 1 Car, Black Top Driveway

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Number: 73
  • Total Assessment: 600000

Tax Info

  • Taxes: 3300
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Nov 4, 2017
Sold by
Kosteva John and Kase Larina
Bought by
Kane Joseph M and Kane Linda Calabrese
Seller's Agent
Hugh Merkle
COMPASS RE - Avalon Dune
Buyer's Agent
Arden Smith
DILLER FISHER REALTORS
List Price
$719,000
Sold Price
$675,000
Premium/Discount to List
-$44,000
-6.12%
Current Estimated Value
$1,366,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,903
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Aug 9, 2012
Sold by
Samsel Robert S and Samsel Mary B
Bought by
Kosteva John and Kase Larina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1998
Sold by
Reilly Patricia
Bought by
Samsel Robert and Samsel May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.8%

Purchase Details

Closed on
Oct 15, 1993
Sold by
Owen Roger R
Bought by
Reilly Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.73%

Purchase Details

Closed on
Apr 24, 1990
Sold by
Healey Patrick J and Healey Angelina J
Bought by
Owen Rodger
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
Kane Joseph M $675,000 Title Alliance Of Cape May
Kosteva John $610,000 The Resources Guaranty Co
Samsel Robert $165,000 --
Reilly Patricia $155,000 --
Owen Rodger $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kosteva John $417,000
Previous Owner Samsel Robert $132,000
Previous Owner Reilly Patricia $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $675,000 -6.1% $502 / Sq Ft
10/22/2017 10/22/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $719,000 -- $535 / 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 $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 $3,600 $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 $3,336 $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

  • Hugh Merkle

    Seller's Agent in 2017

    Hugh Merkle

    COMPASS RE - Avalon Dune

    (609) 602-0300

    15 in this area

    89 Total Sales

    Hugh Merkle
    Section Image

  • A

    Buyer's Agent in 2017

    Arden Smith

    DILLER FISHER REALTORS

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 177921

Cape May County Association of REALTORS®

APN: 01-00007-10-00073-0000-CH6

New Jersey Cape May County Avalon 08202

700 Ocean Dr Unit H6, Avalon, NJ

Not Listed for Sale

Condos

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