NOT LISTED FOR SALE

111 E Magnolia Ave Unit A Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $476,000 - $519,000

3 Beds
2 Baths
1,165 Sq Ft
5,401 Sq Ft Lot

Last Sold May 22, 2015

Last sale price $175,000 $150 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $3,056/month

56 Days on Market

Highlights

  • Ground Level Unit
  • Living Room
  • 1-Story Property
  • Eat-In Kitchen
  • Laundry Room
  • Central Air

About This Home

As of May 2015

Looking for a summer home at the shore or year round living? Don't miss this 3 bedroom, 2 bath first floor condo just a few blocks from the beach & boardwalk. The home offers a nice floor plan and is very neat & clean, ready for you to move right in. The complex consists of 4 units. Condo fees cover exterior insurance, flood, insurance, sewer, and water.

Last Agent to Sell the Property

Kathleen Harron

RE/MAX SURFSIDE Listed on: 02/25/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 1988

Lot Details

  • 5,401

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Pets Allowed

Listing and Financial Details

  • Legal Lot and Block 17 / 235

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,875

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • District Township: 14-Wildwood City
  • Near: New Jersey
  • Estimated Year Built: 1988
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1165
  • Other Rooms: Living Room, Eat In Kitchen, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Concrete Driveway

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: A
  • Condo Fees: 165.
  • Unit Features: Wall To Wall Carpet
  • Unit Location: First Floor

Lot Info

  • Lot Number: 17
  • Total Assessment: 171500

Tax Info

  • Taxes: 3875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2015
Closed on
May 18, 2015
Sold by
Locchetto Anthony L and Locchetto Regina
Bought by
Mcshane Michael J
Seller's Agent
Kathleen Harron
RE/MAX SURFSIDE
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$479,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,815
Avg. Annual Appreciation
10.97%
Original Mortgage
$140,000
Outstanding Balance
$109,477
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$397,523

Purchase Details

Listed on
Feb 25, 2015
Closed on
Apr 15, 2015
Sold by
Gusler Curtis and Davis Mary Beth V
Bought by
Somogyi Thomas and Somogyi Mary Kate
Seller's Agent
Kathleen Harron
RE/MAX SURFSIDE
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$109,477
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$397,523

Purchase Details

Closed on
Jun 4, 2004
Sold by
Dixon Erin and Hicks Erin B
Bought by
Locchetto Anthony L and Locchetto Regina

Purchase Details

Closed on
Apr 1, 2003
Sold by
Porretta Joseph
Bought by
Jjp Properties Llc

Purchase Details

Closed on
Mar 8, 2002
Sold by
Nickels John J
Bought by
Hicks Erin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.01%

Purchase Details

Closed on
Apr 20, 2000
Sold by
Denucci Donald F
Bought by
Porretta Joseph and Porretta Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.12%
Source: Public Records

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
Mcshane Michael J $175,000 Attorney
Somogyi Thomas $179,000 The Title Company Of Jersey
Locchetto Anthony L $210,000 --
Jjp Properties Llc -- --
Hicks Erin B $85,000 --
Porretta Joseph $61,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcshane Michael J $140,000
Previous Owner Becker Tori $17,968
Previous Owner Hicks Erin B $70,000
Previous Owner Porretta Joseph $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $175,000 +0.1% $150 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $174,900 -- $150 / 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 $5,147 $171,500 $80,000 $91,500
2024 $5,147 $171,500 $80,000 $91,500
2023 $5,023 $171,500 $80,000 $91,500
2022 $4,857 $171,500 $80,000 $91,500
2021 $3,516 $171,500 $80,000 $91,500
2020 $4,613 $171,500 $80,000 $91,500
2019 $4,449 $171,500 $80,000 $91,500
2018 $4,286 $171,500 $80,000 $91,500
2017 $4,106 $171,500 $80,000 $91,500
2016 $3,986 $171,500 $80,000 $91,500
2015 $3,922 $171,500 $80,000 $91,500
2014 -- $171,500 $80,000 $91,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kathleen Harron

    RE/MAX SURFSIDE

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 162637

Cape May County Association of REALTORS®

APN: 14-00235-0000-00017-0000-C000A

New Jersey Cape May County Wildwood 08260 The Wildwoods

111 E Magnolia Ave Unit A, Wildwood, NJ

This home is located at 111 E Magnolia Ave Unit A, Wildwood, NJ 08260 since 25 February 2015 and is currently estimated at $495,543, approximately $425 per square foot. This property was built in 1988. 111 E Magnolia Ave Unit A is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Nearby Homes