J
Seller's Agent in 2017
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
(609) 778-8656
124 in this area
153 Total Sales
7354 Ocean Dr Avalon, NJ 08202
Estimated Value: $6,036,000 - $6,578,014
6
Beds
6
Baths
4,134
Sq Ft
$1,498/Sq Ft
Est. Value
Highlights
- Docks
- Property Fronts a Bay or Harbor
- Deck
- Avalon Elementary School Rated A
- Boat Slip
- 1-minute walk to Avalon Playground
About This Home
As of March 2017This home is located at 7354 Ocean Dr, Avalon, NJ 08202 since 04 August 2016 and is currently estimated at $6,191,754, approximately $1,497 per square foot. This property was built in 2005. 7354 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,295
Year Built
- Built in 2005
Lot Details
- Lot Dimensions are 50' x 296'
- Property Fronts a Bay or Harbor
- Fenced Yard
- Sprinkler System
- Property is zoned R-1B
Home Design
- Upside Down Style Home
- Vinyl Siding
Interior Spaces
- 4,134 Sq Ft Home
- 3-Story Property
- Elevator
- Furnished
- Bar
- Cathedral Ceiling
- Gas Fireplace
- Blinds
- Great Room
- Living Room
- Dining Area
- Water Views
- Crawl Space
Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 6 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Fire and Smoke Detector
Parking
- 1.5 Car Attached Garage
- Automatic Garage Door Opener
Outdoor Features
- Outdoor Shower
- Bulkhead
- Boat Slip
- Docks
- Deck
- Outdoor Grill
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 1.02, 2.01 / 73
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2016
Closed on
Mar 17, 2017
Sold by
261 Partners Llc
Bought by
Mccabe Frances E
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Roger Soens
COMPASS RE - Avalon Dune
List Price
$3,495,000
Sold Price
$3,275,000
Premium/Discount to List
-$220,000
-6.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,916,754
Avg. Annual Appreciation
7.40%
Original Mortgage
$2,292,500
Outstanding Balance
$1,850,487
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,341,267
Purchase Details
Listed on
Dec 20, 2014
Closed on
Aug 9, 2015
Sold by
Class Geoffrey H and Class Kathy A
Bought by
261 Partners Llc
Seller's Agent
Miriam Kauterman
AVALON/STONE HARBOR REAL ESTATE
List Price
$3,800,000
Sold Price
$3,000,000
Premium/Discount to List
-$800,000
-21.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Purchase Details
Closed on
May 15, 2004
Sold by
Kurian Raymond F
Bought by
Class Geoffrey H and Class Kathy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccabe Frances E | $275,000 | None Available | |
| 261 Partners Llc | $3,000,000 | Surety Title Co Llc | |
| Class Geoffrey H | $2,075,000 | -- | |
| Class Geoffrey H | $2,075,000 | Shore Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccabe Frances E | $2,292,500 | |
| Previous Owner | Class Geoffrey H | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2017 03/17/17 | Sold | $3,275,000 | -6.3% | $792 / Sq Ft | |
| 02/15/2017 02/15/17 | Pending | -- | -- | -- | |
| 08/04/2016 08/04/16 | For Sale | $3,495,000 | +16.5% | $845 / Sq Ft | |
| 08/20/2015 08/20/15 | Sold | $3,000,000 | -21.1% | $726 / Sq Ft | View Prior Sale |
| 07/21/2015 07/21/15 | Pending | -- | -- | -- | |
| 12/20/2014 12/20/14 | For Sale | $3,800,000 | -- | $919 / Sq Ft |
Source: Cape May County Association of REALTORS®
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 | $20,197 | $3,289,400 | $2,025,000 | $1,264,400 |
| 2024 | $20,197 | $3,289,400 | $2,025,000 | $1,264,400 |
| 2023 | $20,032 | $3,289,400 | $2,025,000 | $1,264,400 |
| 2022 | $18,684 | $3,289,400 | $2,025,000 | $1,264,400 |
| 2021 | $17,993 | $3,289,400 | $2,025,000 | $1,264,400 |
| 2020 | $17,302 | $3,289,400 | $2,025,000 | $1,264,400 |
| 2019 | $16,776 | $3,289,400 | $2,025,000 | $1,264,400 |
| 2018 | $16,052 | $3,289,400 | $2,025,000 | $1,264,400 |
| 2017 | $18,495 | $3,326,400 | $2,004,200 | $1,322,200 |
| 2016 | $18,295 | $3,326,400 | $2,004,200 | $1,322,200 |
| 2015 | $17,996 | $3,326,400 | $2,004,200 | $1,322,200 |
| 2014 | $17,796 | $3,326,400 | $2,004,200 | $1,322,200 |
Source: Public Records
Agents Affiliated with this Home
-
John (Jack) Binder Jr
-
Roger Soens
R
Buyer's Agent in 2017
Roger Soens
COMPASS RE - Avalon Dune
(609) 967-3001
49 in this area
59 Total Sales
-
Miriam Kauterman
Seller's Agent in 2015
Miriam Kauterman
AVALON/STONE HARBOR REAL ESTATE
(609) 967-9200
6 in this area
15 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 171646
APN: 01-00073-05-00001-03
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Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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