NOT LISTED FOR SALE

122 E Lotus Rd Unit East Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $863,000 - $1,158,000

5 Beds
1 Bath
2,575 Sq Ft
$398/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $949,000 $369 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,848/month

3 Days on Market

Highlights

  • Property near a bay
  • Wood Flooring
  • Living Room
  • Island Location
  • Interior Lot
  • 5-minute walk to Coleman Callahan Veterans Park

About This Home

As of June 2023

Highlights are included in the associated docs along with expenses and exclusion list.

Last Agent to Sell the Property

Ryan Vince

Tim Kerr Sotheby's International Realty Listed on: 04/25/2023

Last Buyer's Agent

Ryan Vince

Tim Kerr Sotheby's International Realty Listed on: 04/25/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1910

Lot Details

  • 6,011

Interior Spaces

  • 2,575 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Property near a bay
  • Island Location

Community Details

  • Pets Allowed

Listing and Financial Details

  • Legal Lot and Block 33 / 63

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,500

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island
  • District Township: 15-Wildwood Crest
  • Near: Beach and Bay
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1910
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: Three
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 5
  • Estimated Living Sq Ft: 2575
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Fees: shr ins
  • Unit Features: Hardwood Floors, Wall To Wall Carpet, Tile Floors

Lot Info

  • Lot Number: 33

Tax Info

  • Taxes: 5500
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jul 13, 2023
Sold by
Bruno Lynne and Bruno Philip
Bought by
Turner Kevin Michael and Turner Caitlin
Seller's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
Buyer's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
List Price
$949,000
Sold Price
$949,000
Views
78
Current Estimated Value
$1,024,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,786
Avg. Annual Appreciation
3.20%
Original Mortgage
$720,000
Outstanding Balance
$702,824
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$321,962

Purchase Details

Closed on
Nov 3, 2009
Sold by
Sorensen Timothy and Sorensen Kimberly A
Bought by
Bruno Lynne and Bruno Philip

Purchase Details

Closed on
Jun 15, 1994
Sold by
Wildwood Crest Properties
Bought by
Ragan N Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Turner Kevin Michael $949,000 Surety Title
Bruno Lynne $350,000 None Available
Ragan N Elizabeth $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Kevin Michael $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $949,000 0.0% $369 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $949,000 -- $369 / 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 $5,487 $384,500 $191,200 $193,300
2024 $5,487 $384,500 $191,200 $193,300
2023 $5,406 $384,500 $191,200 $193,300
2022 $5,252 $384,500 $191,200 $193,300
2021 $4,866 $384,500 $191,200 $193,300
2020 $4,956 $384,500 $191,200 $193,300
2019 $4,918 $384,500 $191,200 $193,300
2018 $4,837 $384,500 $191,200 $193,300
2017 $4,741 $384,500 $191,200 $193,300
2016 $4,591 $384,500 $191,200 $193,300
2015 $4,522 $384,500 $191,200 $193,300
2014 $4,422 $384,500 $191,200 $193,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 231068

Cape May County Association of REALTORS®

APN: 15-00063-0000-00033-0000-C0122