NOT LISTED FOR SALE

303 42nd St Avalon, NJ 08202

Estimated Value: $2,882,000 - $4,702,000

0.12 Acre
$30,683,142 Price per Acre
5,227 Sq Ft Lot

Last Sold September 09, 2020

Last sale price $999,999

Est. 268% increase in value since last sale

Current estimated payment $21,981/month

148 Days on Market

About This Lot

As of September 2020

Great opportunity to build the beach home of your dreams. Once block to the beach path, sun and sand. Possible water views with a new construction. There is an existing 4 bedroom, two-story home on this lot. Many possibilities here!

Last Listed By

Debbie Gannon

Compass Real Estate-Sea Isle License #8933921 Listed on: 01/16/2020

Compass Real Estate-Sea Isle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,626

Year Built

  • 2021

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 110

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$17,626

Year Built

2021

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 01/19/2020
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Lot Dimensions: 50 x 110
  • Number Of Acres: 0.12
  • Improvements: Curb, Sidewalks
  • Number Of Lots: One
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Sep 9, 2020
Sold by
Flara Marjorie M Est
Bought by
Levy Joseph D and Levy Catherine A
Seller's Agent
Debbie Gannon
Compass Real Estate-Sea Isle
Buyer's Agent
Laricks Real Estate
Compass Real Estate-Sea Isle
List Price
$1,800,000
Sold Price
$999,999
Premium/Discount to List
-$800,001
-44.44%
Total Days on Market
148
Current Estimated Value
$3,681,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,681,978
Avg. Annual Appreciation
32.51%
Original Mortgage
$1,799,199
Outstanding Balance
$1,614,690
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,067,287

Purchase Details

Closed on
Apr 14, 1994
Sold by
Liberty Bus Credit
Bought by
Flara John and Flara Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.7%

Range of Values:

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
Levy Joseph D $999,999 Misc Company
Flara John $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levy Joseph D $1,799,199
Previous Owner Flara John $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $999,999 -13.0% --
06/12/2020 06/12/20 Pending -- -- --
06/01/2020 06/01/20 Price Changed $1,150,000 -4.2% --
03/01/2020 03/01/20 Price Changed $1,200,000 -20.0% --
01/30/2020 01/30/20 Price Changed $1,500,000 -16.7% --
01/16/2020 01/16/20 For Sale $1,800,000 -- --
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
2024 $17,626 $2,870,700 $725,000 $2,145,700
2023 $17,299 $2,840,600 $725,000 $2,115,600
2022 $3,964 $2,840,600 $725,000 $2,115,600
2021 $3,964 $725,000 $725,000 $0
2020 $4,135 $786,200 $725,000 $61,200
2019 $4,010 $786,200 $725,000 $61,200
2018 $3,837 $786,200 $725,000 $61,200
2017 $4,415 $794,000 $725,000 $69,000
2016 $4,367 $794,000 $725,000 $69,000
2015 $4,296 $794,000 $725,000 $69,000
2014 $4,248 $794,000 $725,000 $69,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 532639

South Jersey Shore Regional MLS

APN: 01 00041- 05-00071- 01