NOT LISTED FOR SALE

Estimated Value: $326,000 - $556,000

2 Beds
1 Bath
895 Sq Ft
$496/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $275,000 $307 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,607/month

Highlights

  • Property near a bay
  • Ranch Style House
  • Interior Lot
  • Island Location
  • Fenced Yard
  • Living Room

About This Home

As of May 2022

This home is located at 114 E 1st Ave, Wildwood, NJ 08260 since 23 March 2022 and is currently estimated at $443,826, approximately $495 per square foot. 114 E 1st Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Brian Reed

LONG & FOSTER REAL ESTATE, INC nwnj Listed on: 03/23/2022

LONG & FOSTER REAL ESTATE, INC nwnj

Last Buyer's Agent

Sean McMullan

CAPE ISLANDS REALTY, LLC License #0235447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,628

Lot Details

  • Lot Dimensions are 25x50
  • Fenced Yard
  • Interior Lot

Home Design

  • Ranch Style House
  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 895 Sq Ft Home
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property near a bay
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 219

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,628

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Seasonal: XXX
  • Location: Inside Lot, Island, See Remarks
  • District Township: 07-North Wildwood City
  • Near: Inlet, Beach & Nightlife
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 114
  • Lot Size2: 25x50
  • Price per Sq Ft: 307.26
  • Selling Agent1: 1103
  • Selling Office1: 628
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Dishwasher
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 7
  • Basement: Slab
  • Estimated Living Sq Ft: 895
  • Other Rooms: Living Room, Dining Room, Laundry/Utility Room

Exterior Features

  • Construction: Ranch, Cottage
  • Exterior: Vinyl
  • Frontage: 25
  • House Color: Beige and Green
  • Outside Features: Fenced Yard, Storage Building, Cable TV, Sidewalks

Utilities

  • Heating: Gas Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 4
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Resident

Tax Info

  • Taxes: 2628.28
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 23, 2022
Sold by
Revamp 365 Llc
Bought by
Mcmullan Sean P
Seller's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
Buyer's Agent
Sean McMullan
CAPE ISLANDS REALTY, LLC
List Price
$264,777
Sold Price
$275,000
Premium/Discount to List
$10,223
3.86%
Total Days on Market
0
Current Estimated Value
$443,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,826
Avg. Annual Appreciation
15.36%
Original Mortgage
$182,250
Outstanding Balance
$173,254
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$270,572

Purchase Details

Listed on
Mar 23, 2022
Closed on
Mar 15, 2022
Sold by
John Simmons
Bought by
Revamp 365 Llc
Seller's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
Buyer's Agent
Sean McMullan
CAPE ISLANDS REALTY, LLC
List Price
$264,777
Sold Price
$275,000
Premium/Discount to List
$10,223
3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.85%
Mortgage Type
New Conventional
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
Mcmullan Sean P $225,000 Shore Title
Revamp 365 Llc $125,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmullan Sean P $182,250
Previous Owner Revamp 365 Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $275,000 +3.9% $307 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $264,777 -- $296 / 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 $2,912 $187,600 $114,000 $73,600
2024 $2,912 $187,600 $114,000 $73,600
2023 $2,850 $187,600 $114,000 $73,600
2022 $2,735 $187,600 $114,000 $73,600
2021 $2,628 $187,600 $114,000 $73,600
2020 $2,534 $187,600 $114,000 $73,600
2019 $2,450 $187,600 $114,000 $73,600
2018 $2,381 $187,600 $114,000 $73,600
2017 $2,330 $187,600 $114,000 $73,600
2016 $2,285 $187,600 $114,000 $73,600
2015 $2,730 $242,000 $173,300 $68,700
2014 $2,664 $242,000 $173,300 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220758

Cape May County Association of REALTORS®

APN: 07-00219-0000-00004