NOT LISTED FOR SALE

7929 Dune Dr Unit 206 Avalon, NJ 08202

Avalon Area

Estimated Value: $809,085

2 Beds
1 Bath
436 Sq Ft
2009 Built

Sale Details

Date Sold: July 17, 2018

Last sale price $420,000 $963 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,774 / mo

51 Days on Market

Highlights

  • Property near a bay
  • Beachfront Bldg, View Varies
  • Pool View
  • Avalon Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Stone Harbor Recreation?

About This Home

As of July 2018

OCEANVIEW AT AVALON-BEACHBLOCK in the prime south end of Avalon, with wide uncrowded beaches and walking distance to fabulous restaurants and night life as well as a block from the tennis, ball fields , basketball courts and summer programs offered at 80th St. rec. center. Don't wait, make appointment to see this beautiful beach block, poolside 2 bedroom unit, be in time for summer! This is a RARE 2 BEDROOM, 2nd floor unit with it's own IN-UNIT washer/dryer. This beautifully appointed unit has all hardwood-new bamboo flooring throughout, was just freshly painted and offers 2 ample sized bedrooms , with king bed in master featuring a custom fabric headboard, and a double as well as single bunk set up in 2nd bedroom allowing for 5 to sleep comfortably. The unit's kitchen is fully efficient and has beautiful white cabinetry trimmed with nickel pulls, new breakfast bar, granite counters and new marble backsplash with all stainless appliances. There are all new ceiling fans installed, the mattresses were all recently replaced as well and the living room sofas have 2 sets of slipcovers for ease of maintenance . The unit comes fully furnished less personal items. Oceanview at Avalon offers an enormous beach block over sized pool, multiple open decks for sunning and grills for outdoor dining enjoyment; additionally there is a fitness facility and full laundry facilities that are free to owners , though this unit does have it's own washer and dryer in the unit. Each unit has it's own assigned parking spot as well as an assigned storage unit for beach equipment. Drive down, park your car, and relax and enjoy all the island has to offer! Sale subject to 2018 weekly leases, this is an outstanding investment opportunity with weekly rates achieving $3000/week during peak season. The condo fees include the common area insurance & maintenance, property management and water. The building was fully renovated and brought up to all accepted standards and no further assessments are anticipated. REALTOR NOTE: There is currently a $600.00 quarterly special assessment,the Association has ongoing litigation and there may be a partial refund When the litigation is resolved and reimbursement issued, any reimbursement to current and or prior owners would be net of legal expenses. Master Deed and amendments to same are in Associated Docs.

Last Agent to Sell the Property

CHRISTINE CORBO

LONG & FOSTER REAL ESTATE, INC av License #0570706 Listed on: 04/26/2018

LONG & FOSTER REAL ESTATE, INC av

Last Buyer's Agent

Amanda Milstead

Tim Kerr Sotheby's International Realty License #1538301

Tim Kerr Sotheby's International Realty

Range of Values:

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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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 2009

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Storage Room
  • Wood Flooring
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property near a bay
  • Beachfront Bldg, View Varies

Listing and Financial Details

  • Legal Lot and Block 11 / 79

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,979

Year Built

Built in 2009

Lot Details

0 Sq Ft Lot

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: Renov 2009
  • Bay Proximity: 3 Blocks
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: #206
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2009

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Black Top Driveway

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Hot Water: Electric
  • Water: Public

Condo/Co-op/Association

  • Common Area Features: Patio, Deck/Porch, Cable TV, Pool, Laundry Room
  • Condo Fees: $1129/Qrtr
  • Unit Features: Hardwood Floors
  • Unit Location: Pool View

Lot Info

  • Lot Number: 11

Tax Info

  • Taxes: 1979

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Mctavish Cheryl and Giesler Anthony
Bought by
Current Estimated Value
$809,085

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 17, 2018
Sold by
Franzen Marcus and Franzen Mary E
Bought by
Mctavish Cheryl and Glesler Anthony
Seller's Agent
CHRISTINE CORBO
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Amanda Milstead
Tim Kerr Sotheby's International Realty
List Price
$427,900
Sold Price
$420,000
Premium/Discount to List
-$7,900
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$240,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2009
Sold by
Cornell Oceanview Llc
Bought by
Franzen Marcus E and Franzen Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,628
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Avalon, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$415,000 Seaboard Title
Tavish Cheryl M $420,000 --
Mctavish Cheryl $420,000 --
Franzen Marcus E $389,535 Shore Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $240,000
Previous Owner Franzen Marcus E $311,628
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/17/2018 07/17/18 Sold $420,000 -1.8% $963 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $427,900 -- $981 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,065 $336,300 $253,500 $82,800
2025 $2,065 $336,300 $253,500 $82,800
2024 $2,065 $336,300 $253,500 $82,800
2023 $2,048 $336,300 $253,500 $82,800
2022 $1,910 $336,300 $253,500 $82,800
2021 $1,840 $336,300 $253,500 $82,800
2020 $1,769 $336,300 $253,500 $82,800
2019 $1,715 $336,300 $253,500 $82,800
2018 $1,641 $336,300 $253,500 $82,800
2017 $1,978 $355,800 $281,700 $74,100
2016 $1,957 $355,800 $281,700 $74,100
2015 $1,925 $355,800 $281,700 $74,100
2014 $1,904 $355,800 $281,700 $74,100
Source: Public Records

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 181592

Cape May County Association of REALTORS®

APN: 01-00079-03-00011-206

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