NOT LISTED FOR SALE

Estimated Value: $723,262 - $737,000

7 Beds
4 Baths
2,000 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $635,000 $318 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,608/month

26 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Den
  • Island Location
  • Corner Lot
  • Fenced Yard

About This Home

As of April 2023

This home is located at 103 E Magnolia Ave, Wildwood, NJ 08260 since 08 January 2023 and is currently estimated at $730,316, approximately $365 per square foot. 103 E Magnolia Ave is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

Last Agent to Sell the Property

Christopher Pohle

COASTAL ELITE REALTY Listed on: 01/08/2023

Last Buyer's Agent

Michele Lopez

KELLER WILLIAMS REALTY JERSEY SHORE wc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,702

Lot Details

  • Lot Dimensions are 54x90
  • Fenced Yard
  • Corner Lot
  • Cleared Lot

Home Design

  • Triplex

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Property near a bay
  • Deck

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 13 / 235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,702

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Cleared Lot, Corner, Island
  • District Township: 14-Wildwood City
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 103
  • Lot Size2: 54x90
  • Selling Agent1: 5193
  • Selling Office1: 553
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Basement: Full
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Deck, Fenced Yard, Cable TV, Sidewalks

Garage/Parking

  • Parking: Parking Pad, Concrete Driveway

Utilities

  • Separate Meter: Electric, Gas
  • Cooling: Central Air, Ceiling Fan, Wall Air Conditioning
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City
  • Cable Available: Lease Information, Utility Information

Lot Info

  • Lot Number: 13
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6702
  • Tax Year: 2022

Multi Family

  • Number Of Units: 3
  • Total Rent: 1700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2023
Closed on
Mar 22, 2023
Sold by
103 East Magnolia Avenue Llc
Bought by
Mccorquodale David and Castiglio Cara
Seller's Agent
Christopher Pohle
COASTAL ELITE REALTY
Buyer's Agent
Michele Lopez
KELLER WILLIAMS REALTY JERSEY SHORE wc
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Current Estimated Value
$730,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,316
Avg. Annual Appreciation
5.61%
Original Mortgage
$275,000
Outstanding Balance
$266,657
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$463,659

Purchase Details

Closed on
Feb 18, 2022
Sold by
Jones Patrick K
Bought by
103 East Magnolia Avenue Llc

Purchase Details

Closed on
Dec 28, 2021
Sold by
Just Getting Started Llc
Bought by
Jones Patrick K

Purchase Details

Closed on
Mar 15, 2013
Sold by
Duzmati Paul
Bought by
Just Getting Started Llc

Purchase Details

Closed on
Oct 10, 2012
Sold by
The Concetta L Deleo Family Trust
Bought by
Duzmati Paul

Purchase Details

Closed on
Feb 27, 2008
Sold by
Deleo Concetta and Deleo Connie L
Bought by
The Concetta L Deleo Family Trust

Purchase Details

Closed on
Jan 23, 2004
Sold by
O'Connor John
Bought by
Weachter Joseph and Weachter Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,550
Interest Rate
5.82%

Purchase Details

Closed on
Jul 22, 1999
Sold by
Rasich George L
Bought by
Deleo Concetta and Deleo Connie L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mccorquodale David $635,000 Foundation Title
Mccorquodale David $635,000 Foundation Title
103 East Magnolia Avenue Llc -- Weintrob Amy R
Jones Patrick K -- Weintrob Amy R
Just Getting Started Llc $134,500 None Available
Duzmati Paul -- None Available
The Concetta L Deleo Family Trust -- None Available
Weachter Joseph $195,000 --
Deleo Concetta $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccorquodale David $275,000
Closed Mccorquodale David $275,000
Previous Owner Weachter Joseph $17,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $635,000 -2.2% $318 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/08/2023 01/08/23 For Sale $649,000 -- $325 / Sq Ft
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 $8,961 $298,600 $112,600 $186,000
2024 $8,961 $298,600 $112,600 $186,000
2023 $7,126 $243,300 $112,600 $130,700
2022 $6,890 $243,300 $112,600 $130,700
2021 $6,703 $243,300 $112,600 $130,700
2020 $6,545 $243,300 $112,600 $130,700
2019 $6,311 $243,300 $112,600 $130,700
2018 $6,080 $243,300 $112,600 $130,700
2017 $5,825 $243,300 $112,600 $130,700
2016 $5,654 $243,300 $112,600 $130,700
2015 $5,564 $243,300 $112,600 $130,700
2014 $5,499 $243,300 $112,600 $130,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 230061

Cape May County Association of REALTORS®

APN: 14-00235-0000-00013