NOT LISTED FOR SALE

7389 Dune Dr Avalon, NJ 08202

Estimated Value: $4,024,272 - $5,150,000

5 Beds
4 Baths
2,760 Sq Ft
$1,695/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $2,450,000 $888 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $25,585/month

38 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Building is beachfront but unit may not have water views
  • Avalon Elementary School Rated A
  • Property is near a beach
  • 2-minute walk to Avalon Playground

About This Home

As of September 2016

One of the finest beach block homes on the island. This completely renovated 5 bdrm/4 full bath south end beach block property, situated on a 65 x 110 over sized corner lot; boasts curb appeal, an in ground pool surrounded with travertine stone along with a tranquil waterfall, fenced back yard (complete with a fully functional, top-of-the-line cabana) including granite tops, sub- zero fridge & freezer, wolf 2 burner induction range, miele dishwasher,electric wall heater, tons of cabinet space etc...., tall lush spruce trees for privacy and all the high-end appliances and amenities one would want. The first floor consists of a spacious bright and airy sunroom with stone flooring and 2 sliders, both opening to the cozy family room. As you pass the family room, there is a utility room with Electrolux washer/dryer and a welcoming foyer. Also on the 1st floor is a community bathroom and 3 guest bedrooms, one consisting of its own private bath. As you walk up the custom staircase from the foyer, you will be greeted by a great room with a gas fire place, beautifully detailed Brazilian cherry hardwood flooring and gorgeous white intricate wood cathedral ceilings with exquisite lighting, both from the skylights and accent lighting. The kitchen, which has a center island, is equipped with granite countertops and high-end stainless steel appliances including miele dish washer, wolf 6 burner gas range, thermodor side- by side fridge/freezer and a viking wine cooler. The custom built bar area is perfect for those who like to indulge in luxury living, whether it be, a relaxing night in or entertaining guests. The surround sound audio/video can be adjusted in each room to complete the ambience. There are 2 large sliders in the great room that open up to a spacious 2nd floor deck with lovely beach and sunset views. The 2nd floor is also comprised of a full bathroom, guest bedroom and a master bedroom with its own private deck and a breathtaking master bathroom with walk in closet. There are many more upgrades which are long and impressive and on file with the listing agent. Not only can you revel in the interior features and superb back yard, the location is a beach lover's dream, with a stroll to the beach only 4 houses away! It is also 1 block from the playground, across the street from the bird sanctuary and only a short few blocks from Stone Harbor Recreation Center! This gem is wonderfully perfect for anyone who enjoys the shore life!

Last Agent to Sell the Property

Craig Soens

FERGUSON-DECHERT, INC Listed on: 06/25/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,515

Lot Details

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

Home Design

  • Contemporary Architecture
  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Enclosed Patio or 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 / 73

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,515

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Corner, Water View
  • District Township: 01-Avalon Borough
  • Near: Ocean and bay
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, Window Treatments
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Intercom, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Security System, Skylight, Smoke/Fire Alarm, Storage, Walk in Closet, Whirlpool, Tile Flooring
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Florida Room, Great Room, Storage Attic

Exterior Features

  • Construction: Two Story, Upside Down, Contemporary
  • Exterior: Wood
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Fenced Yard, Cable TV, Outside Shower, In Ground Pool, Whirpool/Spa

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 1
  • Lot Size: 65 x 110
  • Zoning: R-1B
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Taxes: > 11515.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2016
Closed on
Sep 1, 2016
Sold by
Lachman Prem and Falini Joyce A
Bought by
Ely Stephen
Seller's Agent
Craig Soens
FERGUSON-DECHERT, INC
List Price
$2,599,000
Sold Price
$2,450,000
Premium/Discount to List
-$149,000
-5.73%
Current Estimated Value
$4,679,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,229,068
Avg. Annual Appreciation
7.13%
Original Mortgage
$1,960,000
Outstanding Balance
$1,575,062
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$3,104,006

Purchase Details

Closed on
Oct 1, 2008
Sold by
Reger Patricia O
Bought by
Falini Joyce A and Lachman Prem

Purchase Details

Closed on
Oct 21, 2002
Sold by
Reichner Joseph G
Bought by
Reger Robert and Reger Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ely Stephen $2,450,000 None Available
Falini Joyce A $2,050,000 Shore Title Agency
Reger Robert $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ely Stephen $1,960,000
Previous Owner Reger Robert $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2016 09/01/16 Sold $2,450,000 -5.7% $888 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
06/25/2016 06/25/16 For Sale $2,599,000 -- $942 / 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 $14,863 $2,420,700 $1,818,800 $601,900
2024 $14,863 $2,420,700 $1,818,800 $601,900
2023 $14,742 $2,420,700 $1,818,800 $601,900
2022 $13,750 $2,420,700 $1,818,800 $601,900
2021 $13,241 $2,420,700 $1,818,800 $601,900
2020 $12,733 $2,420,700 $1,818,800 $601,900
2019 $12,346 $2,420,700 $1,818,800 $601,900
2018 $11,813 $2,420,700 $1,818,800 $601,900
2017 $11,835 $2,128,600 $1,584,400 $544,200
2016 $11,707 $2,128,600 $1,584,400 $544,200
2015 $11,516 $2,128,600 $1,584,400 $544,200
2014 $11,388 $2,128,600 $1,584,400 $544,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170999

Cape May County Association of REALTORS®

APN: 01-00073-03-00001