NOT LISTED FOR SALE

143 E Spencer Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $492,000 - $692,000

-- Bed
-- Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold April 22, 2024

Last sale price $615,000

Est. 1% decrease in value since last sale

Current estimated payment $3,762/month

5 Days on Market

About This Home

As of April 2024

This 4 unit muti-family complex is a RENTAL POWER HOUSE! Property features a triplex within the main building and a private cottage located in the back. There are many options to utilize this income producing property. This is the perfect location for summer "weekly rentals", Airbnb or just continue renting on a monthly basis and rake in over $65 K in gross profits. The main 3 bedroom 2 bath unit has recently been freshly painted and brand new carpeting installed. This unit is currently vacant and ready to be occupied by a buyer or rented to a tenant of the buyer's choice. Why not "move right in" and have the 3 unit income stream pay your mortgage?! This neighborhood is anticipating a revitalization from the "Pacific Avenue Redevelopment Plan" so look forward to a boom in real estate appreciation. Brand new construction project is currently being built across the street. Located only 2 short blocks from Wildwood beaches and World Famous Boardwalk.

Last Agent to Sell the Property

DAVID HADTKE

BERGER REALTY-A Listed on: 02/16/2024

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,058

Lot Details

  • Lot Dimensions are 40 x 100

Home Design

  • Vinyl Siding

Kitchen

  • Self-Cleaning Oven
  • Stove

Parking

  • 2 Parking Spaces
  • Parking Pad

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,058

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Gas Stove, Refrigerator, Self Cleaning Oven

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Heating: Baseboard, Electric, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 x 100

Multi Family

  • Number Of Units: 4
  • Number Of1 Bedroom Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 22, 2024
Sold by
Hadtke David and Hadtke Carol
Bought by
Prokopiak Steven D
Seller's Agent
DAVID HADTKE
BERGER REALTY-A
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%
Views
35
Current Estimated Value
$606,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,566
Avg. Annual Appreciation
-0.92%
Original Mortgage
$584,250
Outstanding Balance
$575,286
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$31,148

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 7, 2019
Sold by
Scumpu Constantin and Voicu Andreea R
Bought by
Hadtke David and Hadtke Carol
Seller's Agent
Valentin Lazar
WEICHERT REALTORS CITY TO SHORE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$249,000
Sold Price
$222,045
Premium/Discount to List
-$26,955
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.09%

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jan 14, 2015
Sold by
Underwood Timothy W and Underwood Debra L
Bought by
Scumpu Constantin and Scumpu Mihai Gabriel
Seller's Agent
Christopher Pohle
COASTAL ELITE REALTY
List Price
$219,000
Sold Price
$195,000
Premium/Discount to List
-$24,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%

Purchase Details

Closed on
May 10, 2002
Sold by
Alstatler Helen M
Bought by
Underwood Timothy W and Underwood Debra L
Source: Public Records

Range of Values:

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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
Prokopiak Steven D $615,000 National Integrity
Hadtke David $222,045 Title Company Of Jersey
Scumpu Constantin $195,000 Shore Title Agency Inc
Underwood Timothy W $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prokopiak Steven D $584,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2024 04/22/24 Sold $615,000 +2.7% --
02/21/2024 02/21/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $599,000 +169.8% --
10/07/2019 10/07/19 Sold $222,045 -10.8% $96 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $249,000 +27.7% $108 / Sq Ft
01/14/2015 01/14/15 Sold $195,000 -11.0% -- View Prior Sale
12/15/2014 12/15/14 Pending -- -- --
12/09/2014 12/09/14 For Sale $219,000 -- --
Source: South Jersey Shore Regional 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 $7,058 $235,200 $97,000 $138,200
2024 $7,058 $235,200 $97,000 $138,200
2023 $6,889 $235,200 $97,000 $138,200
2022 $6,661 $235,200 $97,000 $138,200
2021 $6,480 $235,200 $97,000 $138,200
2020 $6,327 $235,200 $97,000 $138,200
2019 $6,101 $235,200 $97,000 $138,200
2018 $5,878 $235,200 $97,000 $138,200
2017 $5,631 $235,200 $97,000 $138,200
2016 $5,466 $235,200 $97,000 $138,200
2015 $5,379 $235,200 $97,000 $138,200
2014 $5,316 $235,200 $97,000 $138,200
Source: Public Records

Agents Affiliated with this Home

  • DAVID HADTKE

    Seller's Agent in 2024

    DAVID HADTKE

    BERGER REALTY-A

    (609) 412-6592

    1 in this area

    10 Total Sales

    DAVID HADTKE
    Section Image

  • A

    Buyer's Agent in 2024

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • V

    Seller's Agent in 2019

    Valentin Lazar

    WEICHERT REALTORS CITY TO SHORE

    (609) 665-1081

    7 Total Sales

    Valentin Lazar
    Section Image

  • N

    Buyer's Agent in 2019

    Non-Member Non-Member

    Non Member

  • C

    Seller's Agent in 2015

    Christopher Pohle

    COASTAL ELITE REALTY

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 582271

South Jersey Shore Regional MLS

APN: 14-00146-0000-00012

New Jersey Cape May County Wildwood 08260 The Wildwoods

143 E Spencer Ave, Wildwood, NJ

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