NOT LISTED FOR SALE

1288 Wilson Dr Unit B Cape May, NJ 08204

Estimated Value: $2,035,000 - $2,537,000

4 Beds
4.5 Baths
2,622 Sq Ft
$884/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $2,350,000 $896 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $14,144/month

62 Days on Market

Highlights

  • 66 Feet of Waterfront
  • Boat Ramp
  • Coastal Architecture
  • 1 Dock Slip
  • Harbor Views
  • Wood Flooring

About This Home

As of August 2024

WATERFRONT. PRIVATE BOAT DOCK. AMAZING SUNSET VIEWS. ELEVATOR. UPSIDE DOWN LIVING. MULTIPLE DECKS. LOCATION. Designed with both an active lifestyle and relaxation in mind, this 2.5 year old, 4 Bed/4.5 Bath waterfront townhome located on Spicers Creek will meet all your needs. Like new as it was enjoyed only seasonally by the owners and never rented. Enjoy your own private boat slip and hop on your boat, jet skis, kayaks, etc. from the convenience of your own patio and head out to the bay or ocean. Entertain with ease on your spacious covered dockside patio with travertine tile, Brazilian mahogany Ipe roof and a pass-through bar w/ granite countertop. A prime spot to grill, sit by a firepit or bask in the sun. Direct access to one of the two flex spaces - use it for storage or an indoor hang out space. Also on the ground floor is additional storage, outdoor shower, tiled foyer and a 2 car garage with epoxy floors perfect for cars and/or golf carts. The elevator with access to all 3 levels provides very easy transport for groceries, luggage or those challenged by stairs. Continue to the second floor to find the Primary bedroom with stunning water views, its own full bath, private covered Brazilian mahogany Ipe deck to enjoy your morning coffee or a quiet evening after a long sun-filled day. 3 additional bedrooms, 2 additional full baths and the laundry room with extra storage complete the second floor. The third level continues to impress with amazing water views, flexible floor plan and stylish features throughout. The kitchen boasts soft grey cabinetry, tile backsplash, quartz countertops, built-in range, Wolf & Sub-Zero
appliances, and a center island for additional seating. The adjoining living/dining area with vaulted ceilings, gas fireplace and sliding glass doors leading to another Brazilian mahogany Ipe deck which provides plenty of room to gather and enjoy gorgeous sunset views. Opposite the kitchen is spacious walk-in pantry and a coffee/wine bar with custom cabinetry, sink and beverage fridge. A second flex space is currently used as a
second living/tv room with a full bathroom but could transition to a 5th bedroom. All bathrooms designed with custom tile. Amazing location just minutes to Cape May Harbor or the Canal for access to the Ocean or Bay. Walk to the Lobster House, C-View, Wawa, Lucky Bones, or take a short bike ride to the beach. Fully furnished & ready to move in, you won’t want to miss out on this chance to start living your waterfront dream.

Last Agent to Sell the Property

Tania Schade

(215) 260-1500 tania@serhant.com SERHANT PENNSYLVANIA LLC License #RS304280 Listed on: 04/26/2024

SERHANT PENNSYLVANIA LLC

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $22,366

Year Built

  • Built in 2021

Lot Details

  • Lot Dimensions are 66.00 x 105.00
  • 66 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • HardiePlank Type

Interior Spaces

  • 2,622 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Combination Kitchen and Living
  • Dining Area
  • Wood Flooring
  • Harbor Views

Kitchen

  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Property is near a canal
  • Boat Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Multiple Balconies
  • Patio

Schools

  • Richard M. Teitelman Middle School
  • Lower Cape May Regional High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 05-00763-00011-C-B

Community Details

Overview

  • Property has a Home Owners Association
  • Wilson Condominium Association Condos
  • Spicers Creek Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$22,366

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal, Reverse
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Conveys fully furnished minus some personal items
  • Inclusions: Refrigerator, Washer/Dryer, Furniture minus a few items.
  • New Construction: No
  • Story List: Upper 1, Upper 2
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Oven/Range - Gas, Six Burner Stove, Built-In Microwave, Dishwasher, Stainless Steel Appliances, Washer, Dryer
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Combination Kitchen/Living, Kitchen - Island, Pantry, Dining Area, Walk-In Closet(s), Elevator
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2622
  • Living Area Sq Ft: 2622
  • Price Per Sq Ft: 896.26
  • Above Grade Finished Sq Ft: 2622
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • View: Harbor
  • Water Access: Yes
  • Water Body Name: Spicers Creek
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 66

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • Condo Co-Op Name: Wilson Condominium Association
  • HOA: No
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: LOWER CAPE MAY REGIONAL
  • Middle Or Junior School: RICHARD M. TEITELMAN

Lot Info

  • Lot Dimensions: 66.00 x 105.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s)
  • Property Condition: Excellent
  • Zoning: MGB

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 22366.00
  • Assessor Parcel Number: 05-00763-00011-C-B
  • Tax Lot: 00011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Boat/Launch Ramp - Private

MLS Schools

  • School District Name: LOWER CAPE MAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 20, 2024
Sold by
Schwager Jack David and Schwager Jo Ann
Bought by
Fischer William and Fischer Kimberly
Seller's Agent
Tania Schade
SERHANT PENNSYLVANIA LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,350,000
Sold Price
$2,350,000
Views
121
Current Estimated Value
$2,318,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,781
Avg. Annual Appreciation
-1.16%
Original Mortgage
$1,762,500
Outstanding Balance
$1,740,067
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$578,152

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 17, 2022
Sold by
301 79Th Street East Llc
Bought by
Schwager Jack David and Schwager Jo Ann
Seller's Agent
David Green
RE/MAX SURFSIDE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$1,895,000
Sold Price
$1,910,000
Premium/Discount to List
$15,000
0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
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
Fischer William $2,350,000 Infinity Title
Schwager Jack David $1,910,000 Trident Land Transfer
Schwager Jack David $1,910,000 Trident Land Transfer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer William $1,762,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2024 08/26/24 Sold $2,350,000 0.0% $896 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $2,350,000 +23.0% $896 / Sq Ft
03/18/2022 03/18/22 Sold $1,910,000 +0.8% $868 / Sq Ft View Prior Sale
02/23/2022 02/23/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $1,895,000 -- $861 / Sq Ft
Source: Bright MLS

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 $23,405 $1,154,100 $434,200 $719,900
2024 $23,405 $1,154,100 $434,200 $719,900
2023 $23,070 $1,154,100 $434,200 $719,900
2022 $22,366 $1,154,100 $434,200 $719,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM2003434

Bright MLS

APN: 05 00763-0000-00011-0000-C-B