NOT LISTED FOR SALE

7098 Ocean Dr Avalon, NJ 08202

Estimated Value: $3,204,000 - $3,921,000

4 Beds
3 Baths
2,977 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $1,325,000 $445 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $19,997/month

200 Days on Market

Highlights

  • Water Views
  • Deck
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Contemporary Architecture
  • 2-minute walk to Avalon Bird Viewing Park

About This Home

As of November 2016

This 4 bedroom, 3 bath home located in the serene south end of Avalon has bay and ocean views guaranteed to delight you. Enjoy bay views from the living room and dining area. From the third-floor loft you will find nice ocean views. The spacious rooms and decks of this two-story, upside-down home will enable you to enjoy what Avalon has to offer. Step outside and have some fun at Armacost Park across the street or walk to the beach two short blocks away. Take advantage of the chance to own a piece of heaven at the Shore today!

Last Agent to Sell the Property

Robert J. Scully Jr

FERGUSON-DECHERT, INC Listed on: 04/12/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,744

Year Built

  • Built in 1990

Lot Details

  • Interior Lot

Home Design

  • Contemporary Architecture
  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Loft
  • Storage
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1.01 / 70.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,744

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 1990
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Loft, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Loft, Great Room

Exterior Features

  • Construction: Two Story, Upside Down, Contemporary
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 1 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1.01
  • Lot Size: 60 X 100
  • Total Assessment: 1226300
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 6744.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Nov 28, 2016
Sold by
Howarth Ronald E and Howarth Rose Ann
Bought by
Hurley Donald M and Hurley Joann M
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Current Estimated Value
$3,524,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,199,445
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Centofani John
Bought by
Howarth Ronald and Howarth Rose Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.19%

Purchase Details

Closed on
Mar 2, 1990
Sold by
Centofanti Samuel J and Centofanti Irene
Bought by
Atlantic City Electric Company

Purchase Details

Closed on
Aug 9, 1988
Sold by
Park Hyung Kyoun and Hea Sook
Bought by
Centofanti Centofanti S and Centofanti Irene
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
Hurley Donald M $1,316,000 None Available
Howarth Ronald $580,000 --
Atlantic City Electric Company -- --
Centofanti Centofanti S $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Bruce G $288,000
Previous Owner Taylor Bruce G $1,188,000
Previous Owner Howarth Ronald $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2016 11/28/16 Sold $1,325,000 -5.0% $445 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $1,395,000 -- $469 / 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 $8,395 $1,367,300 $900,000 $467,300
2024 $8,395 $1,367,300 $900,000 $467,300
2023 $8,327 $1,367,300 $900,000 $467,300
2022 $7,766 $1,367,300 $900,000 $467,300
2021 $7,479 $1,367,300 $900,000 $467,300
2020 $7,192 $1,367,300 $900,000 $467,300
2019 $6,973 $1,367,300 $900,000 $467,300
2018 $6,672 $1,367,300 $900,000 $467,300
2017 $6,818 $1,226,300 $750,000 $476,300
2016 $6,745 $1,226,300 $750,000 $476,300
2015 $6,634 $1,226,300 $750,000 $476,300
2014 $6,561 $1,226,300 $750,000 $476,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169653

Cape May County Association of REALTORS®

APN: 01 00070- 05-00001- 01