G
Seller's Agent in 2020
Guy Sudell
FERGUSON-DECHERT, INC
(609) 967-4200
16 in this area
29 Total Sales
7428 Ocean Dr Avalon, NJ 08202
Estimated Value: $5,092,000 - $5,934,442
6
Beds
6
Baths
4,112
Sq Ft
$1,305/Sq Ft
Est. Value
Highlights
- New Construction
- In Ground Pool
- Deck
- Avalon Elementary School Rated A
- Island Location
- 1-minute walk to Avalon Playground
About This Home
As of July 2020SELLER IS A LICENSED REAL ESTATE AGENT PHOTOS WILL BE UPDATED AS SOON AS FURNISHINGS ARE DELIVERED.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,999
Year Built
- Built in 2019 | New Construction
Lot Details
- Lot Dimensions are 60 x 110
- Fenced Yard
- Corner Lot
- Interior Lot
- Property is zoned R1B
Home Design
- Contemporary Architecture
- Upside Down Style Home
Interior Spaces
- 4,112 Sq Ft Home
- 3-Story Property
- Elevator
- Furnished
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Living Room
- Dining Area
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 6 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- 1 Car Attached Garage
- Automatic Garage Door Opener
- Driveway
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deck
- Porch
Location
- Island Location
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 2 / 74.05
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2019
Closed on
Jul 9, 2020
Sold by
Sj Design Group Llc
Bought by
John W Gamber Ret
Seller's Agent
Guy Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$3,175,000
Sold Price
$2,850,000
Premium/Discount to List
-$325,000
-10.24%
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
$2,518,111
Avg. Annual Appreciation
12.15%
Original Mortgage
$1,490,000
Outstanding Balance
$1,321,233
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,046,878
Purchase Details
Listed on
Sep 23, 2018
Closed on
Oct 31, 2018
Sold by
Sabo Gregory S and Sabo-Erickson Suzanne
Bought by
Sj Desing Group Llc
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
Buyer's Agent
Guy Sudell
FERGUSON-DECHERT, INC
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.83%
Original Mortgage
$1,850,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 13, 2012
Sold by
Sabo Dolores
Bought by
Sabo Sabo Gregory S Gregory S and Sabo Erickson Suzanne
Purchase Details
Closed on
Oct 6, 2006
Sold by
Sabo Gertrude D
Bought by
Sabo Richard S and Gertrude D Sabo Qualified Personal Resid
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John W Gamber Ret | $2,850,000 | None Available | |
| Sj Desing Group Llc | $1,200,000 | -- | |
| Sabo Sabo Gregory S Gregory S | -- | None Available | |
| Sabo Richard S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | John W Gamber Ret | $1,490,000 | |
| Previous Owner | Sj Desing Group Llc | $1,850,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2020 07/09/20 | Sold | $2,850,000 | -10.2% | $693 / Sq Ft | |
| 05/27/2020 05/27/20 | Pending | -- | -- | -- | |
| 11/15/2019 11/15/19 | For Sale | $3,175,000 | +164.6% | $772 / Sq Ft | |
| 10/31/2018 10/31/18 | Sold | $1,200,000 | -4.0% | $781 / Sq Ft | View Prior Sale |
| 10/01/2018 10/01/18 | Pending | -- | -- | -- | |
| 09/23/2018 09/23/18 | For Sale | $1,250,000 | -- | $814 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $16,946 | $2,760,000 | $950,000 | $1,810,000 |
| 2024 | $16,946 | $2,760,000 | $950,000 | $1,810,000 |
| 2023 | $16,808 | $2,760,000 | $950,000 | $1,810,000 |
| 2022 | $15,677 | $2,760,000 | $950,000 | $1,810,000 |
| 2021 | $15,097 | $2,760,000 | $950,000 | $1,810,000 |
| 2020 | $4,997 | $950,000 | $950,000 | $0 |
| 2019 | $4,845 | $950,000 | $950,000 | $0 |
| 2018 | $4,688 | $960,700 | $950,000 | $10,700 |
| 2017 | $5,320 | $956,900 | $902,500 | $54,400 |
| 2016 | $5,263 | $956,900 | $902,500 | $54,400 |
| 2015 | $5,177 | $956,900 | $902,500 | $54,400 |
| 2014 | $5,119 | $956,900 | $902,500 | $54,400 |
Source: Public Records
Agents Affiliated with this Home
-
Guy Sudell
-
Holly C. Rennie, CRS,GRI,RSPS
H
Buyer's Agent in 2020
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
(609) 425-9164
29 in this area
42 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 190515
APN: 01-00074-05-00002
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