NOT LISTED FOR SALE

89 27th St E Avalon, NJ 08202

Estimated Value: $6,324,000 - $8,162,000

5 Beds
5.5 Baths
2,128 Sq Ft
$3,489/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $6,950,000 $3,266 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $41,847/month

197 Days on Market

Highlights

  • Ocean Front
  • New Construction
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Deck
  • 3-minute walk to Surfside Park

About This Home

As of May 2023

Beautiful New Oceanfront Home having 3,473 square feet on this excellent location with unobstructed and spectacular views of the Dunes, Beach and Ocean with 5 bedrooms, 5 full bathrooms and 1 half bath, 4-stop elevator, Oceanfront decks on all 3 levels. First Floor: Foyer, Oceanfront bedroom with private bathroom and access to oceanfront deck, Bedroom with private bathroom, Laundry Room, Bedroom, Full bathroom off hallway, Oceanfront Family Room with access to oceanfront deck. Second Floor: Oceanfront Living room and Dining room with access to oceanfront deck, Kitchen off dining room with open views of Dunes, Beach and Ocean, Bedroom with private bathroom, open view of beach and ocean with access to front deck, Half bathroom off hallway, Oceanfront deck. Third Floor: Entire Oceanfront Master Bedroom Suite, Oceanfront deck, Master Bathroom, Office, Walk-in closet, second closet, and third closet with washer/dryer. North side 3rd floor deck is constructed to install a Jacuzzi if desired by Buyer. Outside Storage Room, Outside Shower, Sprinkler System, and Travertine car ribbons. Home has been professionally staged with furniture/accessories which can be purchased for a cost of $90,000. The Decorator has an exterior package, as well, if of interest. Swimming Pool Optional. (Potential pool and fenced in area in property photos.) Take advantage of this great opportunity!

Last Agent to Sell the Property

William Leahy

LONG and FOSTER REAL ESTATE INC-Avalon License #9110259 Listed on: 09/13/2022

LONG and FOSTER REAL ESTATE INC-Avalon

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,689

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Ocean Front
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 3-Story Property
  • Elevator
  • Dining Room
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,689

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 09/13/2022
  • New Construction: Yes
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Tile, Wood
  • Interior Amenities: Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Outside Shower, Sidewalks, Sprinkler System
  • Siding Exterior: Brick Face, Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Front, Corner, Ocean Front, Water View
  • Lot Dimensions: 58 x 87 irr
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Jul 7, 2023
Sold by
Welsh Thomas J
Seller's Agent
William Leahy
LONG and FOSTER REAL ESTATE INC-Avalon
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$6,995,000
Sold Price
$6,950,000
Premium/Discount to List
-$45,000
-0.64%
Total Days on Market
197
Views
180
Current Estimated Value
$7,424,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,223
Avg. Annual Appreciation
2.82%

Purchase Details

Listed on
Sep 13, 2022
Closed on
Apr 12, 2023
Sold by
89 27Th Street Llc
Bought by
Timothy P Staley Revocable Trust and Marie-France Prud Homme Staley Revocable Trust
Seller's Agent
William Leahy
LONG and FOSTER REAL ESTATE INC-Avalon
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$6,995,000
Sold Price
$6,950,000
Premium/Discount to List
-$45,000
-0.64%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,170,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2017
Closed on
Aug 12, 2020
Sold by
Herdelin Robert Nils Est
Bought by
89 27Th Street Llc
Seller's Agent
William Leahy
LONG and FOSTER REAL ESTATE INC-Avalon
Buyer's Agent
William Leahy
LONG and FOSTER REAL ESTATE INC-Avalon
List Price
$4,300,000
Sold Price
$3,500,000
Premium/Discount to List
-$800,000
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.45%
Original Mortgage
$2,450,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2016
Sold by
Hildreth M Noelle
Bought by
Herdelin Robert Nils

Purchase Details

Closed on
Aug 25, 2006
Sold by
Herdelin Robert Nils
Bought by
Shore Points Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,315,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 22, 2005
Sold by
Konecky Judith
Bought by
Herdelin Robert Nils

Purchase Details

Closed on
May 3, 1990
Sold by
Cailella Bruce A
Bought by
Konecky Nathan and Konecky Judith L
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
-- -- None Listed On Document
Timothy P Staley Revocable Trust $6,950,000 Seaboard Title
Timothy P Staley Revocable Trust $6,950,000 Seaboard Title
89 27Th Street Llc $3,500,000 Misc Company
Herdelin Robert Nils -- None Available
Shore Points Trust $3,900,000 Shore Title Agency Inc
Herdelin Robert Nils $3,000,000 Freedom Title & Abstract Inc
Konecky Nathan $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timothy P Staley Revocable Trust $4,170,000
Previous Owner 89 27Th Street Llc $2,450,000
Previous Owner Shore Points Trust $3,315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $6,950,000 -0.6% $3,266 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $6,995,000 0.0% $3,287 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
09/13/2022 09/13/22 For Sale $6,995,000 +99.9% $3,287 / Sq Ft
08/14/2020 08/14/20 Sold $3,500,000 -6.7% $1,645 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
11/01/2018 11/01/18 Price Changed $3,750,000 +4.2% $1,762 / Sq Ft
08/31/2018 08/31/18 Price Changed $3,599,000 -16.3% $1,691 / Sq Ft
02/17/2017 02/17/17 For Sale $4,300,000 -- $2,021 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $31,689 $5,161,000 $3,540,000 $1,621,000
2024 $31,689 $5,161,000 $3,540,000 $1,621,000
2023 $21,559 $3,540,000 $3,540,000 $0
2022 $20,107 $3,540,000 $3,540,000 $0
2021 $19,292 $3,540,000 $3,540,000 $0
2020 $19,725 $3,750,000 $3,540,000 $210,000
2019 $19,572 $3,837,700 $3,540,000 $297,700
2018 $18,728 $3,837,700 $3,540,000 $297,700
2017 $15,681 $2,820,400 $2,541,600 $278,800
2016 $15,512 $2,820,400 $2,541,600 $278,800
2015 $15,258 $2,820,400 $2,541,600 $278,800
2014 $15,089 $2,820,400 $2,541,600 $278,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 567040

South Jersey Shore Regional MLS

APN: 01-00026-01-00013-04