NOT LISTED FOR SALE

1407 Ocean Ave Unit B Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $762,000 - $874,000

-- Bed
-- Bath
1,108 Sq Ft
$719/Sq Ft Est. Value

About This Home

This home is located at 1407 Ocean Ave Unit B, Wildwood, NJ 08260 and is currently estimated at $796,483, approximately $718 per square foot. 1407 Ocean Ave Unit B is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2013
Sold by
Martinelli Gregory and Martinelli Cheryl
Bought by
Mitchell Kenneth R and Mitchell Karen A
Current Estimated Value
$796,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,875
Outstanding Balance
$203,008
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$593,475

Purchase Details

Closed on
Jun 18, 2005
Sold by
Koren Philip A and Koren Jacqueline M
Bought by
Martinelli Gregory and Martinelli Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2004
Sold by
Kelchner David W and Kelchner Deborah L
Bought by
Koren Philip A and Koren Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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.

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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.

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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.

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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.

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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
Mitchell Kenneth R $382,500 The Title Company Of Jersey
Martinelli Gregory $465,000 Independence Abstract & Titl
Koren Philip A $394,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Kenneth R $286,875
Previous Owner Martinelli Gregory $315,000
Previous Owner Koren Philip A $315,200
Source: Public Records

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 $5,971 $384,700 $220,000 $164,700
2024 $5,971 $384,700 $220,000 $164,700
2023 $5,844 $384,700 $220,000 $164,700
2022 $5,609 $384,700 $220,000 $164,700
2021 $3,994 $384,700 $220,000 $164,700
2020 $5,197 $384,700 $220,000 $164,700
2019 $5,024 $384,700 $220,000 $164,700
2018 $4,882 $384,700 $220,000 $164,700
2017 $4,778 $384,700 $220,000 $164,700
2016 $4,686 $384,700 $220,000 $164,700
Source: Public Records

Map

New Jersey Cape May County Wildwood 08260 The Wildwoods

1407 Ocean Ave Unit B, Wildwood, NJ

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