NOT LISTED FOR SALE

7290 Ocean Dr Avalon, NJ 08202

Estimated Value: $6,700,000 - $8,436,000

Studio
-- Bath
7,184 Sq Ft
$1,062/Sq Ft Est. Value

About This Home

This home is located at 7290 Ocean Dr, Avalon, NJ 08202 and is currently estimated at $7,631,626, approximately $1,062 per square foot. 7290 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Moukarzel Lea and Lea Moukarzel Living Trust
Bought by
Lea Moukarzel Living Trust and Moukarzel
Current Estimated Value
$7,631,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,435,464
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$5,196,162

Purchase Details

Closed on
Aug 18, 2009
Sold by
Omp Investment Llc
Bought by
Lea Moukarzel Living Trust

Purchase Details

Closed on
Dec 28, 2006
Sold by
Seif James M and Seif Patricia R
Bought by
Omp Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Welsh Thomas J
Bought by
Seif James M and Seif Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2004
Sold by
Groody Robert E
Bought by
Welsh Thomas J

Purchase Details

Closed on
Dec 19, 2003
Sold by
Scali Richard B
Bought by
Groody Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Demarco Suzanne
Bought by
Scali Richard B and Scali Mary Jane

Purchase Details

Closed on
Nov 14, 1990
Sold by
Demarco Iiicarlo Trustee
Bought by
Demarco Suzanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lea Moukarzel Living Trust -- None Listed On Document
Lea Moukarzel Living Trust $5,000,000 Shore Title Agency Inc
Omp Investment Llc $3,400,000 None Available
Seif James M $2,850,000 --
Welsh Thomas J $2,050,000 --
Groody Robert E $2,000,000 --
Groody Robert E $2,000,000 Fidelity National Title Insu
Scali Richard B $1,800,000 --
Demarco Suzanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lea Moukarzel Living Trust $3,000,000
Previous Owner Omp Investment Llc $4,200,000
Previous Owner Seif James M $1,800,000
Previous Owner Groody Robert E $1,600,000
Source: Public Records

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 $35,981 $5,900,700 $2,025,000 $3,875,700
2024 $35,981 $5,860,100 $2,025,000 $3,835,100
Source: Public Records

Map

New Jersey Cape May County Avalon 08202

7290 Ocean Dr, Avalon, NJ

Not Listed for Sale

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