NOT LISTED FOR SALE

7179 Dune Dr Avalon, NJ 08202

Estimated Value: $4,562,716 - $5,011,000

6 Beds
5 Baths
3,473 Sq Ft
$1,362/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $2,050,000 $590 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $25,863/month

98 Days on Market

Highlights

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Marble Flooring
  • Avalon Elementary School Rated A
  • Deck
  • 4-minute walk to Avalon Playground

About This Home

As of September 2016

Beautiful 6 bedroom, 5-1/2 bath beachblock home located in the quiet south end of Avalon and directly across from the scenic bird sanctuary. The home was designed by architect Blain Steinman and built by Tom Welsh Builders. Three floors of spacious living with the upside down style featuring the main living areas on the second floor. Thoughtfully planned to take full advantage of bay and ocean views from the many decks off of the front and rear of the house. This home has been beautifully furnished and accessorized with many custom touches and would be a lovely second home or popular rental property. A quick walk to one of the south end's wide and quiet beaches.

Last Agent to Sell the Property

ELIZABETH ANN LEAHY

COMPASS RE - Avalon Dune License #9910978 Listed on: 05/11/2016

Co-Listed By

John Sloniewski

COMPASS RE - Avalon Dune License #1537898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,388

Year Built

  • Built in 2011

Lot Details

  • Building is beachfront but unit may not have water views
  • Property is zoned R-1B

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 3,473 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Bar
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 7 / 71

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,388

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 01-Avalon Borough
  • Also Includes: Rugs, Fireplace Equipment, Furniture
  • Estimated Year Built: 2011
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Security System, Smoke/Fire Alarm, Walk in Closet, Marble Flooring
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 12
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3473
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down
  • Exterior: Wood
  • Frontage: 50
  • House Color: Tan
  • Outside Features: Deck, Enclosed/Covered Patio, Grill, Storage Building, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Parking Pad, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 7
  • Lot Size: 50x105
  • Sub Lot: 9,66,88
  • Zoning: R-1B
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 10388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Sep 16, 2016
Sold by
Grimm Thomas C and Grimm Janet F
Bought by
Gillis Matthew and Gillis Jenny
Seller's Agent
ELIZABETH ANN LEAHY
COMPASS RE - Avalon Dune
List Price
$2,195,000
Sold Price
$2,050,000
Premium/Discount to List
-$145,000
-6.61%
Current Estimated Value
$4,731,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,681,179
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Jun 18, 2010
Sold by
Gelb Morris and Gelb Amanda J
Bought by
Grimm Thomas C and Grimm Janet F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 1996
Sold by
Monks Roscoe
Bought by
Gelb Morris and Gelb Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
8.21%

Purchase Details

Closed on
Jul 22, 1988
Sold by
Kohn Jack and Kohn Barbara
Bought by
Monks Rosco and Monks Phyllis

Purchase Details

Closed on
Jul 12, 1988
Sold by
Kohn Jack and Kohn Barbara
Bought by
Monks Roscoe and Monks Phyllis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gillis Matthew $2,050,000 None Available
Grimm Thomas C $1,200,000 None Available
Gelb Morris $420,000 --
Monks Rosco $478,000 --
Monks Roscoe $478,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grimm Thomas C $180,000
Previous Owner Grimm Thomas C $900,000
Previous Owner Gelb Morris $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $2,050,000 -6.6% $590 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $2,195,000 -- $632 / 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 $13,492 $2,197,400 $1,200,000 $997,400
2024 $13,492 $2,197,400 $1,200,000 $997,400
2023 $13,382 $2,197,400 $1,200,000 $997,400
2022 $12,481 $2,197,400 $1,200,000 $997,400
2021 $12,020 $2,197,400 $1,200,000 $997,400
2020 $11,558 $2,197,400 $1,200,000 $997,400
2019 $11,207 $2,197,400 $1,200,000 $997,400
2018 $10,529 $2,157,600 $1,200,000 $957,600
2017 $10,676 $1,920,200 $1,059,400 $860,800
2016 $10,561 $1,920,200 $1,059,400 $860,800
2015 $10,388 $1,920,200 $1,059,400 $860,800
2014 $10,273 $1,920,200 $1,059,400 $860,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170273

Cape May County Association of REALTORS®

APN: 01-00071-03-00007