Seller's Agent in 2018
Daniel Bowersock
FERGUSON-DECHERT, INC
(609) 602-0912
100 in this area
125 Total Sales
7489 Ocean Dr Avalon, NJ 08202
Estimated Value: $3,322,000 - $3,775,000
4
Beds
2
Baths
2,074
Sq Ft
$1,685/Sq Ft
Est. Value
Highlights
- Property near a bay
- Island Location
- Cathedral Ceiling
- Avalon Elementary School Rated A
- Deck
- 2-minute walk to Avalon Playground
About This Home
As of April 2018This home is located at 7489 Ocean Dr, Avalon, NJ 08202 since 22 February 2018 and is currently estimated at $3,494,566, approximately $1,684 per square foot. This property was built in 1983. 7489 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
- $6,153
Year Built
- Built in 1983
Lot Details
- Lot Dimensions are 60 x 100
- Corner Lot
- Interior Lot
- Property is zoned R-1B
Home Design
- Upside Down Style Home
- Vinyl Siding
Interior Spaces
- 2,074 Sq Ft Home
- 2-Story Property
- Furnished
- Cathedral Ceiling
- Blinds
- Living Room
- Dining Area
- Wall to Wall Carpet
- Crawl Space
- Storage In Attic
Kitchen
- Oven
- Stove
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Garage
- Driveway
Outdoor Features
- Outdoor Shower
- Property near a bay
- Deck
Location
- Island Location
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 1,3,5,21 / 74.04
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2018
Closed on
Apr 30, 2018
Sold by
Lamantia Robert W and Lamantia Linda
Bought by
Cliggett Todd A and Cliggett Molly
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
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
$1,994,566
Avg. Annual Appreciation
11.59%
Original Mortgage
$1,000,000
Outstanding Balance
$861,826
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,632,740
Purchase Details
Closed on
Mar 3, 2007
Sold by
Welsh Thomas J
Bought by
Lamantia Robert W and Lamantia Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 17, 2006
Sold by
Remshard John W and Remshard Bernadette G
Bought by
Welsh Thomas J
Purchase Details
Closed on
Dec 23, 1995
Sold by
Vitunic Thomas
Bought by
Remshard John and Remshard Bernadette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.33%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cliggett Todd A | $1,500,000 | -- | |
| Lamantia Robert W | $1,450,000 | None Available | |
| Welsh Thomas J | $1,467,000 | None Available | |
| Remshard John | $310,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cliggett Todd A | $1,000,000 | |
| Previous Owner | Lamantia Robert W | $1,160,000 | |
| Previous Owner | Remshard John | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2018 04/30/18 | Sold | $1,500,000 | -6.0% | $723 / Sq Ft |
| 03/31/2018 03/31/18 | Pending | -- | -- | -- |
| 02/22/2018 02/22/18 | For Sale | $1,595,000 | -- | $769 / 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 | $8,465 | $1,378,600 | $1,100,000 | $278,600 |
| 2024 | $8,465 | $1,378,600 | $1,100,000 | $278,600 |
| 2023 | $8,396 | $1,378,600 | $1,100,000 | $278,600 |
| 2022 | $7,830 | $1,378,600 | $1,100,000 | $278,600 |
| 2021 | $7,541 | $1,378,600 | $1,100,000 | $278,600 |
| 2020 | $6,931 | $1,317,600 | $1,100,000 | $217,600 |
| 2019 | $6,720 | $1,317,600 | $1,100,000 | $217,600 |
| 2018 | $6,430 | $1,317,600 | $1,100,000 | $217,600 |
| 2017 | $6,153 | $1,106,600 | $900,000 | $206,600 |
| 2016 | $6,086 | $1,106,600 | $900,000 | $206,600 |
| 2015 | $5,987 | $1,106,600 | $900,000 | $206,600 |
| 2014 | $5,920 | $1,106,600 | $900,000 | $206,600 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Bowersock
-
Jack Binder
J
Buyer's Agent in 2018
Jack Binder
FERGUSON-DECHERT, INC
(609) 778-8656
98 in this area
124 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 180523
APN: 01-00074-04-00001
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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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