407 20th Street

407 20th Street in Avalon, NJ was first built in 2013 and is 11 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 3 floors. 407 20th Street has 2,401 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,064 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 407 20th Street sold most recently in Oct 11, 2016 for a total of $1,725,000. If you work out the math, that's approximately a cost of $718.45 per sqft. Before that, the property was also sold for $1,525,000 in Oct 31, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,390 in taxes each year. The initial year of tax delinquency occurred in 2017. 407 20th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,541,900. If we break it down further, the land itself was valued at $925,000. Improvements to the property, however, were assessed at a total of $616,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.