NOT LISTED FOR SALE

1407 Ocean Ave Unit C Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $731,363 - $809,000

3 Beds
2 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold April 12, 2019

Last sale price $380,000

Est. 103% increase in value since last sale

Current estimated payment $4,525/month

142 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Living Room
  • Property is near a beach
  • Furnished
  • Storage Room

About This Home

As of April 2019

Easy to show lock box

Last Agent to Sell the Property

Bryan Steere

BLUE HOMES REAL ESTATE LLC Listed on: 10/09/2018

Last Buyer's Agent

Fredric Spackman

Cape May County Real Estate Brokers LLC - CH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,764

Lot Details

  • 6,011

Interior Spaces

  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 3 Car Garage
  • Parking Pad

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Property is near a beach
  • Building is beachfront but unit may not have water views

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 2 / 412

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,764

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Water View
  • District Township: 07-North Wildwood City
  • Near: Ocean
  • Also Includes: Curtains, Blinds, Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Kitchen, Dining Area, Storage Space

Garage/Parking

  • Parking: Garage, Parking Pad, 3 Car

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Storage Facilities, Other (See Remarks)
  • Condo Fees: $500 quart
  • Unit Features: Wall To Wall Carpet, Tile Floors
  • Unit Location: Top Floor

Lot Info

  • Lot Number: 2

Tax Info

  • Taxes: 4764.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Apr 19, 2019
Sold by
Gallagher Joseph P and Gallagher Virginia L
Bought by
Capelli Louis and Capelli Laura M
Seller's Agent
Bryan Steere
BLUE HOMES REAL ESTATE LLC
Buyer's Agent
Fredric Spackman
Cape May County Real Estate Brokers LLC - CH
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Current Estimated Value
$769,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,841
Avg. Annual Appreciation
11.38%
Original Mortgage
$323,000
Outstanding Balance
$282,224
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$487,617

Purchase Details

Closed on
Jul 8, 2003
Sold by
Raleigh Development Llc
Bought by
Gallagher Joseph P and Gallagher Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.25%
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
Capelli Louis $380,000 Foundation Title
Gallagher Joseph P $323,067 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capelli Louis $323,000
Previous Owner Gallagher Joseph P $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $380,000 -2.5% --
02/28/2019 02/28/19 Pending -- -- --
02/13/2019 02/13/19 Price Changed $389,900 -2.5% --
10/09/2018 10/09/18 For Sale $399,900 -- --
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 $5,953 $383,600 $220,000 $163,600
2024 $5,953 $383,600 $220,000 $163,600
2023 $5,827 $383,600 $220,000 $163,600
2022 $5,374 $383,600 $220,000 $163,600
2021 $5,374 $383,600 $220,000 $163,600
2020 $5,182 $383,600 $220,000 $163,600
2019 $5,010 $383,600 $220,000 $163,600
2018 $4,868 $383,600 $220,000 $163,600
2017 $4,764 $383,600 $220,000 $163,600
2016 $4,672 $383,600 $220,000 $163,600
Source: Public Records

Agents Affiliated with this Home

  • Bryan Steere

    Seller's Agent in 2019

    Bryan Steere

    BLUE HOMES REAL ESTATE LLC

    (609) 425-9428

    51 in this area

    91 Total Sales

    Bryan Steere
    Section Image

  • F

    Buyer's Agent in 2019

    Fredric Spackman

    Cape May County Real Estate Brokers LLC - CH

    (609) 851-4072

    7 in this area

    43 Total Sales

    Fredric Spackman
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 184423

Cape May County Association of REALTORS®

APN: 07-00412-0000-00002-0000-C000C

New Jersey Cape May County Wildwood 08260 The Wildwoods

1407 Ocean Ave Unit C, Wildwood, NJ

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