NOT LISTED FOR SALE

106 W Spruce Ave Unit 202 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $355,000 - $450,000

2 Beds
2 Baths
-- Sq Ft
$360/mo HOA Fee

Last Sold January 31, 2023

Last sale price $329,900

Est. 21% increase in value since last sale

Current estimated payment $2,809/month

97 Days on Market

Highlights

  • Water Views
  • Island Location
  • Community Pool
  • Property is near a beach
  • Furnished
  • Elevator

About This Home

As of January 2023

***Master Deed, By-laws, amended by-laws, Public Offering Statement, Survey, and DCA Approved Attorney Written Contract must be received and reviewed by all prospective Buyers! Attorney Drawn Agreement of Sale must be used for offers on any unit! *** Please NOTE these are CONDOTELS with restrictions on use, per North Wildwood zoning department one can stay for longer than 20 consecutive days please see the Zoning Cert in Associated Docs**** Capitol contribution 3 months of HOA. Please note there are Pet restrictions, such as small dogs allowed. These units are fully rented for the summer so showing can only be scheduled during turn overs which are Wednesday all day and Thursday morning.

Last Agent to Sell the Property

Nella Daniels

COASTAL ELITE REALTY Listed on: 08/05/2022

COASTAL ELITE REALTY

Last Buyer's Agent

Nella Daniels

COASTAL ELITE REALTY Listed on: 08/05/2022

COASTAL ELITE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,808

Lot Details

  • 0.45

HOA Fees

  • $360 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Water Views
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Property is near a beach
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 4 / 191

Community Details

Amenities

  • Building Patio
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,808

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 07-North Wildwood City
  • Also Includes: Drapes, Curtains, Shades, Blinds, Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 106
  • Selling Agent1: 4420
  • Selling Office1: 508
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 202
  • Common Area Features: Elevator, Patio, Pool, Laundry Room
  • Condo Fees: approx 360
  • Unit Location: Water View

Lot Info

  • Lot Number: 4

Tax Info

  • Taxes: 2807.6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Jan 31, 2023
Sold by
Spruce & Old Nj Llc
Bought by
Prashad Kshanti
Seller's Agent
Nella Daniels
COASTAL ELITE REALTY
Buyer's Agent
Nella Daniels
COASTAL ELITE REALTY
List Price
$329,900
Sold Price
$329,900
Views
13
Current Estimated Value
$400,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,117
Avg. Annual Appreciation
7.78%
Original Mortgage
$243,675
Outstanding Balance
$145,745
Interest Rate
5.17%
Mortgage Type
New Conventional
Estimated Equity
$252,726

Purchase Details

Closed on
Jul 26, 2022
Sold by
Spruce & Old Nj Llc
Bought by
Champagne Isle Resort Association Inc
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
Prashad Kshanti $329,900 --
Champagne Isle Resort Association Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prashad Kshanti $243,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $329,900 0.0% --
11/10/2022 11/10/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $329,900 0.0% --
08/30/2022 08/30/22 Off Market $329,900 -- --
08/05/2022 08/05/22 For Sale $329,900 -- --
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 $3,110 $200,400 $90,000 $110,400
2024 $3,110 $200,400 $90,000 $110,400
2023 $3,044 $200,400 $90,000 $110,400
2022 $2,922 $200,400 $90,000 $110,400
2021 $2,081 $200,400 $90,000 $110,400
2020 $2,707 $200,400 $90,000 $110,400
2019 $2,617 $200,400 $90,000 $110,400
2018 $2,543 $200,400 $90,000 $110,400
2017 $2,489 $200,400 $90,000 $110,400
2016 $2,441 $200,400 $90,000 $110,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222482

Cape May County Association of REALTORS®

APN: 07-00191-0000-00004-0000-C0202