NOT LISTED FOR SALE

7792 Sunset Dr Avalon, NJ 08202

Estimated Value: $7,062,304

5 Beds
5 Baths
5,100 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $4,877,000 $956 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $38,945/month

77 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Avalon Elementary School Rated A
  • Boat Slip
  • Island Location

About This Home

As of February 2021

Pool construction expected to begin later in the summer. A post is being removed that supports the second floor deck - call for details. Property sold furnished. Waters Edge has completed an environmental study of the property.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 05/14/2020

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,170

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 68' x 130'
  • Property Fronts a Bay or Harbor
  • Fenced Yard

Home Design

  • Upside Down Style Home
  • Concrete Siding

Interior Spaces

  • 5,100 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck

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 9 / 76.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,170

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Island, Water Front, Bulk Head
  • District Township: 01-Avalon Borough
  • Near: BAY
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 2020 RENO
  • New Construction: No
  • Lot Size2: 68' x 130'
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 14
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 5100
  • Other Rooms: Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Concrete
  • Frontage: 68
  • Outside Features: Deck, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener, Stone 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: 9
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 16169.55
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Feb 5, 2021
Sold by
Rjl Lp
Bought by
7792 Sunset Drive Llc
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$4,995,000
Sold Price
$4,877,000
Premium/Discount to List
-$118,000
-2.36%
Current Estimated Value
$7,062,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,185,304
Avg. Annual Appreciation
7.82%
Original Mortgage
$3,413,900
Outstanding Balance
$3,048,058
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,014,246

Purchase Details

Closed on
Aug 10, 2008
Sold by
Lewis Russell S
Bought by
Lewis Russell S and Lewis Jane

Purchase Details

Closed on
Jan 19, 2008
Sold by
Weber C Daniel
Bought by
Lewis Russell S

Purchase Details

Closed on
Dec 22, 1992
Sold by
Weber Weber C and Weber Donna M
Bought by
Atlantic City Elec & Nj Bell

Purchase Details

Closed on
May 22, 1992
Sold by
Dare Paul W
Bought by
Weber C Daniel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7792 Sunset Drive Llc $4,877,000 None Available
Lewis Russell S -- None Available
Lewis Russell S $4,000,000 None Available
Atlantic City Elec & Nj Bell -- --
Weber C Daniel -- --
Dare Paul W $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7792 Sunset Drive Llc $3,413,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $4,877,000 -2.4% $956 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $4,995,000 -- $979 / 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 $24,191 $2,282,400 $2,282,400 --
2024 $24,191 $3,939,900 $2,282,400 $1,657,500
2023 $23,994 $3,939,900 $2,282,400 $1,657,500
2022 $21,964 $3,866,900 $2,282,400 $1,584,500
2021 $12,126 $3,866,900 $2,282,400 $1,584,500
2020 $16,677 $3,170,500 $2,282,400 $888,100
2019 $16,170 $3,170,500 $2,282,400 $888,100
2018 $15,472 $3,170,500 $2,282,400 $888,100
2017 $15,535 $2,794,100 $1,975,200 $818,900
2016 $15,368 $2,794,100 $1,975,200 $818,900
2015 $15,116 $2,794,100 $1,975,200 $818,900
2014 $14,948 $2,794,100 $1,975,200 $818,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John (Jack) Binder Jr

    FERGUSON-DECHERT, INC

    (609) 778-8656

    130 in this area

    159 Total Sales

    John (Jack) Binder Jr
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201555

Cape May County Association of REALTORS®

APN: 01-00076-06-00009

New Jersey Cape May County Avalon 08202

7792 Sunset Dr, Avalon, NJ

Not Listed for Sale

Detached

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