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570 22nd Street

570 22nd Street, Avalon, NJ 08202
Property in Cape May
Sold Sep 12, 2017
$1,800,000
$800,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2047
570 22nd Street has been categorized by the local assessors in Avalon, NJ as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The building has a total of 2 stories. In addition, 570 22nd Street has 2,172 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,201 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Aug 11, 2017 for $1,800,000. That's $828.73 per sqft. 570 22nd Street was last assessed in 2023. The total value of the property was assessed at $1,703,300. Specifically, the land the property is located on was valued at $1,200,000. While improvements on the property were assessed at a total of $503,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,373. The initial tax year of delinquency was in 2018. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Private Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,201
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,172
  • Building Area: 2,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WALL TIMOTHY M
  • Current Owner 2: WALL BERNADETTE
  • Previous Owner : MALVERN VENTURES LLC

Neighborhood

  • School District Name: Avalon Borough School District
  • Census Tract: 020902

Zoning

  • Zoning: R-2B

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 01
  • Parcel: 01 00022- 07-00141
  • Block: 22.07
  • Lot: 141
  • Municipality: AVALON BORO
  • Latitude: 39.1047
  • Longitude: -74.7263

    Address

  • Full Address: 570 22nd St
  • Address - House Number: 570
  • Address - Street Name: 22nd
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Avalon
  • Carrier Code: C004
  • 4-Digit Zip Code: 2121
  • Zip Code: 08202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,373
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 3,269,907
  • High Value: 4,085,392
  • Low Value: 2,454,421

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,811,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 12, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 02, 2021
  • Second Open Lien Mortgage Loan Amount: $1,011,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $2,500,074
  • Market Land Value: $1,761,339
  • Market Improvement Value: $738,735

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,703,300
  • Assessed Land Value: $1,200,000
  • Assessed Improvements Value: $503,300

    Sales

  • Current Sale Contract Date: Aug 11, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Transaction ID: 1736294721
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 8232

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 12, 2017
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Avalon



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Frequently Asked Questions

What neighborhood is 570 22nd Street located in?
The 570 22nd Street is a located in the neighborhood of Cape May in Avalon, Avalon.
What is the average sales price for listings in 570 22nd Street?
The average sales price for units in 570 22nd Street is $0 currently.

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