NOT LISTED FOR SALE

1201 Hoffman Canal Ave Unit Bay Front Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $925,000 - $1,698,000

4 Beds
1 Bath
-- Sq Ft
4,400 Sq Ft Lot

Last Sold September 29, 2015

Last sale price $570,000

Est. 144% increase in value since last sale

Current estimated payment $8,258/month

15 Days on Market

Highlights

  • Docks
  • Boat Slip
  • Cape Cod Architecture
  • Property Fronts a Bay or Harbor
  • Island Location
  • Deck

About This Home

As of September 2015

If you dream of owning a Direct Bay Front Shore Home with Breathtaking water views and Unbelievable Sunsets where you can enjoy all the Boating and Outdoor Water Sports your heart desires, you may have just found Home. This Clean & Furnished 4 bedroom Single Family property has Endless Possibilities including building a Large 2 1/2 Story Dream Home on this Highly Desirable CORNER 50 X 88 Lot. The home features 4 bedrooms, Gas fired baseboard heat & Hot Water, a large 2 tiered private deck where you can enjoy spectacular Bay and Sunset Views, convenient private Outside Shower, 2+ Boat Slips, Large Living Area plus Family Room and much more... Take advantage of this Rare Opportunity and Call Today!

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 08/15/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,951

Year Built

  • Built in 1950

Lot Details

  • Property Fronts a Bay or Harbor
  • Corner Lot
  • Property is zoned R2

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Living Room
  • Dining Area
  • Storage
  • Laminate Flooring
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,951

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Corner, Island, Water Front, Water View, Bulk Head
  • District Township: 07-N. Wildwood City
  • Near: Boating, Fishing,Crabbing
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Kitchen Center Island, Storage, Laminate Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Cape Cod
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Gray
  • Outside Features: Deck, Porch, Storage Building, Dock, Bulkhead, Cable TV, Outside Shower, Boat Slips

Utilities

  • Cooling: Electric, Window Air Conditioning
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 4
  • Lot Size: 50 x 88
  • Zoning: R2
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 3951
  • Assessor Parcel Number: 07001200002000040000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2015
Closed on
Sep 29, 2015
Sold by
Ciccotelli Mark A and Ciccotelli Dennis A
Bought by
Shomberg Michael E and Shomberg Theresa J
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%
Current Estimated Value
$1,389,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,021
Avg. Annual Appreciation
9.30%
Original Mortgage
$415,000
Outstanding Balance
$168,318
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,228,916

Purchase Details

Closed on
Sep 15, 2011
Sold by
Estate Of Jean Ciccotelli
Bought by
Ciccotelli Mark A and Ciccotelli Dennis A
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
Shomberg Michael E $570,000 Shore Title Agency Inc
Ciccotelli Mark A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shomberg Michael E $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2015 09/29/15 Sold $570,000 -4.8% --
08/30/2015 08/30/15 Pending -- -- --
08/15/2015 08/15/15 For Sale $599,000 -- --
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 $11,860 $764,200 $407,200 $357,000
2024 $11,860 $764,200 $407,200 $357,000
2023 $11,608 $764,200 $407,200 $357,000
2022 $11,142 $764,200 $407,200 $357,000
2021 $10,706 $764,200 $407,200 $357,000
2020 $10,324 $764,200 $407,200 $357,000
2019 $9,980 $764,200 $407,200 $357,000
2018 $5,167 $407,200 $407,200 $0
2017 $6,881 $554,000 $407,200 $146,800
2016 $6,748 $554,000 $407,200 $146,800
2015 $4,048 $358,900 $250,000 $108,900
2014 $3,951 $358,900 $250,000 $108,900
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis

    Seller's Agent in 2015

    Paul Zografakis

    RE/MAX SURFSIDE

    (609) 846-3100

    168 in this area

    171 Total Sales

    Paul Zografakis
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165653

Cape May County Association of REALTORS®

APN: 07-00120-02-00004

New Jersey Cape May County Wildwood 08260 The Wildwoods

1201 Hoffman Canal Ave Unit Bay Front, Wildwood, NJ

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