NOT LISTED FOR SALE

Estimated Value: $2,816,000 - $3,394,000

4 Beds
3 Baths
-- Sq Ft
1.15 Acres

Last Sold January 18, 2019

Last sale price $1,300,000

Est. 132% increase in value since last sale

Current estimated payment $16,959/month

36 Days on Market

Highlights

  • Property near a bay
  • A-Frame Home
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of January 2019

This home since 09 October 2018 and is currently estimated at $3,016,386. This property was built in 1986. This home is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

James Hudanich

FERGUSON-DECHERT, INC Listed on: 10/09/2018

Last Buyer's Agent

Mark Marroletti

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,212

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 50' x 110'
  • Fenced Yard
  • Interior Lot

Home Design

  • A-Frame Home
  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 45 / 54

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,212

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Beach & Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1986
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 246
  • Lot Size2: 50' x 110'
  • Selling Agent1: 468
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Walk in Closet, Wall to Wall Carpet, Cedar Closet
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, A Frame
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Blue
  • Outside Features: Grill, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 45
  • Lot Size: 1 to 6000 SqFt
  • Sub Lot: 04
  • Total Assessment: 1213000
  • Zoning: Single

Tax Info

  • Taxes: 6212
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Jan 18, 2019
Sold by
Rossi Ronald C and Rossi Margaret E
Bought by
Lannutti Michael and Lannutti Anne
Seller's Agent
James Hudanich
FERGUSON-DECHERT, INC
Buyer's Agent
Mark Marroletti
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,550,000
Sold Price
$1,300,000
Premium/Discount to List
-$250,000
-16.13%
Current Estimated Value
$3,016,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,716,386
Avg. Annual Appreciation
13.51%
Original Mortgage
$600,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1987
Bought by
Rossi Ronald C and Rossi Margaret E
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
Lannutti Michael $1,300,000 --
Rossi Ronald C $312,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lannutti Michael $250,000
Open Lannutti Michael $813,000
Closed Lannutti Michael $750,000
Closed Lannutti Michael $600,000
Closed Anne Lannutt Michael $200,000
Previous Owner Rossi Ronald C $1,935,000
Previous Owner Rossi Ronald C $325,000
Previous Owner Rossi Ronald C $370,000
Previous Owner Rossi Ronald C $70,883
Previous Owner Rossi Ronald C $322,000
Previous Owner Rossi Ronald C $320,000
Previous Owner Rossi Ronald $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $1,300,000 -16.1% --
11/14/2018 11/14/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $1,550,000 -- --
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 $7,816 $1,273,000 $950,000 $323,000
2024 $7,816 $1,273,000 $950,000 $323,000
2023 $7,753 $1,273,000 $950,000 $323,000
2022 $7,231 $1,273,000 $950,000 $323,000
2021 $4,868 $1,273,000 $950,000 $323,000
2020 $6,696 $1,273,000 $950,000 $323,000
2019 $6,492 $1,273,000 $950,000 $323,000
2018 $6,212 $1,273,000 $950,000 $323,000
2017 $5,492 $987,800 $687,500 $300,300
2016 $5,433 $987,800 $687,500 $300,300
2015 $5,344 $987,800 $687,500 $300,300
2014 $5,285 $987,800 $687,500 $300,300
Source: Public Records

Agents Affiliated with this Home

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Source: Cape May County Association of REALTORS®

MLS Number: 184415

Cape May County Association of REALTORS®

APN: 01-00045-04-00054