NOT LISTED FOR SALE

Estimated Value: $453,000

4 Beds
2 Baths
10,000 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $500,000 $50 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,829/month

171 Days on Market

Highlights

  • Property near a bay
  • Den
  • Fenced Yard
  • Island Location
  • Workshop
  • 2 Car Detached Garage

About This Home

As of November 2018

This home is located at 117 W 5th Ave, Wildwood, NJ 08260 since 26 March 2018 and is currently priced at $453,000, approximately $45 per square foot. This property was built in 1920. 117 W 5th 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

Christa Ritzler

LONG & FOSTER REAL ESTATE, INC nww Listed on: 03/26/2018

Last Buyer's Agent

James M. Flynn

FLYNN AGENCY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,281

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 100 x 100
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 10,000 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Den
  • Workshop
  • Storage Room
  • Laundry Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 14 / 185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,281

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 07-North Wildwood City
  • Near: Bay
  • Also Includes: Drapes
  • Estimated Year Built: 1920
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 117
  • Lot Size2: 100 x 100
  • Selling Agent1: 204
  • Selling Office1: 32
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Total Bathrooms: 2
  • Total Sq Ft: 10000
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Eat In Kitchen, Dining Area, Laundry/Utility Room, Workshop, Storage Space

Exterior Features

  • Outside Features: Patio, Enclosed/Cov. Patio, Fenced Yard, Storage Building, Outside Shower

Garage/Parking

  • Parking: Garage, 2 Car, Detached

Utilities

  • Cooling: Ceiling Fan
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 14
  • Lot Size: 6001 to 10000 SqFt
  • Total Assessment: 505700
  • Zoning: R2

Tax Info

  • Taxes: 6280.79
  • Tax Year: 2018

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Mw Of Wildwood Llc
Bought by
Waite John R
Current Estimated Value
$453,000

Purchase Details

Closed on
Sep 29, 2021
Sold by
North Wildwood City Of
Bought by
Mw Of Wildwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2014
Sold by
Root Dennis and Estate Of William W Root
Bought by
Root Dennis and Root Daniel Warren William

Purchase Details

Closed on
Aug 27, 2001

Purchase Details

Closed on
Dec 20, 1994
Sold by
Albertson Albert R
Bought by
Root William W and Root Francis
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
Waite John R $899,000 Shore Title
Mw Of Wildwood Llc -- Shore Title
Mw Of Wildwood Llc $468,777 None Available
Root Dennis -- None Available
-- -- --
Root William W $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mw Of Wildwood Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $500,000 +0.2% $50 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $499,000 -- $50 / 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
2021 -- $505,700 $345,000 $160,700
2020 $0 $505,700 $345,000 $160,700
2019 $6,417 $505,700 $345,000 $160,700
2018 $6,417 $505,700 $345,000 $160,700
2017 $6,112 $505,700 $345,000 $160,700
2016 $6,159 $505,700 $345,000 $160,700
2015 $6,334 $561,500 $400,000 $161,500
2014 $6,182 $561,500 $400,000 $161,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 181045

Cape May County Association of REALTORS®

APN: 07-00185-0000-00014