NOT LISTED FOR SALE

7109 Dune Dr Avalon, NJ 08202

Estimated Value: $7,167,000 - $8,634,000

2.41 Acres
$3,379,532 Price per Acre
104,980 Sq Ft Lot

Last Sold September 06, 2018

Last sale price $3,500,000 $2,279 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $47,383/month

60 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • 4-minute walk to Avalon Playground
  • Avalon Elementary School Rated A

About This Lot

As of September 2018

This home is located at 7109 Dune Dr, Avalon, NJ 08202 since 06 June 2018 and is currently estimated at $8,144,671, approximately $5,302 per square foot. 7109 Dune Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Stephen Frame

DILLER FISHER REALTORS License #8833010 Listed on: 06/06/2018

Last Buyer's Agent

Stephen Frame

DILLER FISHER REALTORS License #8833010 Listed on: 06/06/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,338

Lot Details

  • Lot Dimensions are 105 x 110
  • Corner Lot
  • Cleared Lot

Property Views

  • Water Views

Listing and Financial Details

  • Legal Lot and Block 11 / 71.03

Property Details

Property Type

Land

Est. Annual Taxes

$10,338

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Corner, Water View
  • District Township: 01-Avalon Borough
  • Second Address Number: 7109
  • Lot Size2: 105 x 110
  • Selling Agent1: 485
  • Selling Office1: 25
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 11
  • Lot Size: 10000 to 20000 SqFt
  • Zoning: Res
  • Improvements: Curb, Sidewalk, Electric, Water, Sewer
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 10338
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 30, 2018
Sold by
Sealuke Llc
Bought by
Liptak 2Nd Robert W and Liptak Kelly A
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Stephen Frame
DILLER FISHER REALTORS
List Price
$3,995,000
Sold Price
$3,500,000
Premium/Discount to List
-$495,000
-12.39%
Current Estimated Value
$8,144,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,644,671
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Jun 1, 2018
Sold by
Scanaln William T and Scanlan Lea
Bought by
Sealuke Llc

Purchase Details

Listed on
Nov 6, 2016
Closed on
Jan 9, 2017
Sold by
Kerr John H
Bought by
Scanlan William T and Scanlan Lee
Seller's Agent
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
Buyer's Agent
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$725,000
Interest Rate
4.03%

Purchase Details

Listed on
Nov 6, 2016
Closed on
Nov 23, 2016
Sold by
Eric Savage
Bought by
Kerr John
Seller's Agent
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
Buyer's Agent
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.03%

Purchase Details

Closed on
Oct 31, 2007
Sold by
Kerr John H
Bought by
Kerr John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,535,000
Interest Rate
4.84%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Liptak 2Nd Robert W $3,500,000 --
Sealuke Llc $3,150,000 --
Scanlan William T $3,000,000 None Available
Kerr John -- --
Kerr John H $1,535,000 Seaboard Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerr John $725,000
Previous Owner Kerr John --
Previous Owner Kerr John H $725,000
Previous Owner Kerr John H $150,000
Previous Owner Kerr John H $1,535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $3,500,000 -12.4% $2,279 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $3,995,000 +33.2% $2,601 / Sq Ft
01/09/2017 01/09/17 Sold $3,000,000 -6.1% $1,953 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
11/06/2016 11/06/16 For Sale $3,195,000 -- $2,080 / 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 $36,065 $5,873,800 $2,531,300 $3,342,500
2024 $36,065 $5,873,800 $2,531,300 $3,342,500
2023 $35,664 $5,856,100 $2,531,300 $3,324,800
2022 $33,263 $5,856,100 $2,531,300 $3,324,800
2021 $32,130 $5,873,800 $2,531,300 $3,342,500
2020 $13,315 $2,531,300 $2,531,300 $0
2019 $12,910 $2,531,300 $2,531,300 $0
2018 $12,353 $2,531,300 $2,531,300 $0
2017 $10,338 $1,859,400 $1,859,400 $0
2016 $10,623 $1,931,500 $1,859,400 $72,100
2015 $10,444 $1,930,500 $1,859,400 $71,100
2014 $10,328 $1,930,500 $1,859,400 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 182338

Cape May County Association of REALTORS®

APN: 01-00071-03-00011