NOT LISTED FOR SALE

7589 Ocean Dr Avalon, NJ 08202

Estimated Value: $3,861,000 - $4,566,000

6 Beds
5 Baths
3,671 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $1,825,000 $497 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $24,674/month

144 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Corner Lot
  • Avalon Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Avalon Playground

About This Home

As of April 2017

This home is located at 7589 Ocean Dr, Avalon, NJ 08202 since 06 October 2016 and is currently estimated at $4,291,879, approximately $1,169 per square foot. 7589 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Stephen Frame

DILLER FISHER REALTORS License #8833010 Listed on: 10/06/2016

Last Buyer's Agent

Benjamin Haberman

BLUE HOMES REAL ESTATE LLC - CMCH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,974

Lot Details

  • Lot Dimensions are 60 x 100
  • Corner Lot

Home Design

  • Upside Down Style Home
  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Outdoor Shower
  • Deck

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 / 75

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,974

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Rugs, Furniture
  • New Construction: No
  • Second Address Number: 7589
  • Lot Size2: 60 X 100
  • Selling Agent1: 4049
  • Selling Office1: 667
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm
  • Interior Amenities: Bar, Cathedral Ceilings, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 9
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Stucco
  • Outside Features: Deck, Cable TV, Sidewalks, Outside Shower

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 1
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 9974
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Apr 2, 2017
Sold by
Twardzik Shore Bet Lp
Bought by
Champlin Gary and Champlin Gail
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Benjamin Haberman
BLUE HOMES REAL ESTATE LLC - CMCH
List Price
$1,899,000
Sold Price
$1,825,000
Premium/Discount to List
-$74,000
-3.9%
Total Days on Market
144
Current Estimated Value
$4,291,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,466,879
Avg. Annual Appreciation
11.14%
Original Mortgage
$1,368,750
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2008
Sold by
Reichert George H and Reichert Paige B
Bought by
Twardzik Shore Bet Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2005
Sold by
Jpl Properties Inc
Bought by
Reichert George M and Reichert Paige B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
7.52%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 14, 2004
Sold by
Estate Of Mary Jean Kreiser and Kreiser Karl
Bought by
Jpl Properties Inc
Source: Public Records

Range of Values:

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Average Value
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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
Champlin Gary $1,825,000 None Available
Twardzik Shore Bet Lp $1,950,000 None Available
Reichert George M $1,850,000 --
Jpl Properties Inc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Champlin Gary $1,185,000
Closed Champlin Gary $1,368,750
Previous Owner Twardzik Shore Bet Lp $1,560,000
Previous Owner Reichert George $800,000
Previous Owner Reichert George H $1,475,000
Previous Owner Reichert George M $1,295,000
Previous Owner Reichert George $800,000
Previous Owner Jpl Properties Inc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $1,825,000 -3.9% $497 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
10/06/2016 10/06/16 For Sale $1,899,000 -- $517 / Sq Ft
Source: Cape May County Association of REALTORS®

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
2024 $11,655 $1,898,200 $1,100,000 $798,200
2023 $11,560 $1,898,200 $1,100,000 $798,200
2022 $10,782 $1,898,200 $1,100,000 $798,200
2021 $10,383 $1,898,200 $1,100,000 $798,200
2020 $9,985 $1,898,200 $1,100,000 $798,200
2019 $9,681 $1,898,200 $1,100,000 $798,200
2018 $9,263 $1,898,200 $1,100,000 $798,200
2017 $10,250 $1,843,600 $900,000 $943,600
2016 $10,140 $1,843,600 $900,000 $943,600
2015 $9,974 $1,843,600 $900,000 $943,600
2014 $9,863 $1,843,600 $900,000 $943,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172738

Cape May County Association of REALTORS®

APN: 01-00075-04-00001