NOT LISTED FOR SALE

7751 Ocean Dr Unit E Avalon, NJ 08202

Estimated Value: $996,000 - $998,000

2 Beds
1 Bath
725 Sq Ft
0.25 Acres

Last Sold July 27, 2018

Last sale price $400,000 $552 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,447/month

820 Days on Market

Highlights

  • Property near a bay
  • Island Location
  • Furnished
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • 4-minute walk to Avalon Playground

About This Home

As of July 2018

Unit is tenant occupied during the summer months. Must make an appointment with Listing Agent. Lock Box on front door for easy access.

Last Agent to Sell the Property

Guy Sudell

FERGUSON-DECHERT, INC Listed on: 03/16/2016

Last Buyer's Agent

Patricia Jackson

Coldwell Banker James C Otton Real Estate License #8933907

Coldwell Banker James C Otton Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,591

Year Built

  • Built in 1975

Lot Details

  • 0.25

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Property near a bay
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 11 / 77.04

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,591

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 01-Avalon Borough
  • Near: Beach & Bay
  • Also Includes: Curtains, Shades, Blinds, Rugs, Furniture
  • Estimated Year Built: 1975
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit E
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1975

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 725
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch
  • Condo Fees: $3000/year
  • Unit Features: Wall To Wall Carpet, Cathedral Ceiling
  • Unit Location: Top Floor

Lot Info

  • Lot Number: 11

Tax Info

  • Taxes: 2591.39
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
7751 Ocean Llc
Bought by
Lorusso Monica
Current Estimated Value
$997,000

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jul 27, 2018
Sold by
Boyle Joseph J and Boyle Janet E
Bought by
Mccafferty-Bridie Maura P
Seller's Agent
Guy Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
Patricia Jackson
Coldwell Banker James C Otton Real Estate
List Price
$485,000
Sold Price
$400,000
Premium/Discount to List
-$85,000
-17.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$275,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Cellucci Anthony D and Cellucci Cameron J
Bought by
Boyle Joseph J and Boyle Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lorusso Monica $550,000 Misc Company
Lorusso Monica $550,000 Infinity Title
Mccafferty-Bridie Maura P $400,000 --
Boyle Joseph J $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccafferty-Bridie Maura P $275,000
Previous Owner Boyle Joseph J $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $400,000 -17.5% $552 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
03/16/2016 03/16/16 For Sale $485,000 -- $669 / 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
2025 $2,864 $466,400 $385,000 $81,400
2024 $2,864 $466,400 $385,000 $81,400
2023 $2,840 $466,400 $385,000 $81,400
2022 $2,649 $466,400 $385,000 $81,400
2021 $2,551 $466,400 $385,000 $81,400
2020 $2,453 $466,400 $385,000 $81,400
2019 $2,379 $466,400 $385,000 $81,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Guy Sudell

    FERGUSON-DECHERT, INC

    (609) 967-4200

    17 in this area

    30 Total Sales

    Guy Sudell
    Section Image

  • P

    Buyer's Agent in 2018

    Patricia Jackson

    Coldwell Banker James C Otton Real Estate

    (609) 703-0826

    2 in this area

    5 Total Sales

    Patricia Jackson
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 169072

Cape May County Association of REALTORS®

APN: 01-00077-04-00011-0000-CE

New Jersey Cape May County Avalon 08202

7751 Ocean Dr Unit E, Avalon, NJ

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® 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.

Nearby Homes