NOT LISTED FOR SALE

205 Madison Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $903,303 - $1,024,000

4 Beds
2 Baths
1,695 Sq Ft
$578/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $494,000 $291 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,844/month

168 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Cape Cod Architecture
  • Spa
  • Island Location
  • 5-minute walk to Diamond Park

About This Home

As of May 2018

Private Beach Club at Diamond Beach with beach bar, snack bars, bathrooms, entertainment and much more is just a short walk away. Mini golf, restaurants and shopping are within three blocks. Please see SPCD in associated docs.

Last Agent to Sell the Property

Jaqueline Bada-Gaffney

LONG & FOSTER REAL ESTATE, INC nww Listed on: 10/10/2017

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Joan Morey

LONG & FOSTER REAL ESTATE, INC nww License #0562135

LONG & FOSTER REAL ESTATE, INC nww

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,467

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 40 x 80
  • Interior Lot

Home Design

  • Cape Cod Architecture
  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 1,695 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Den
  • Sun or Florida Room
  • Screened Porch
  • Storage
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Attached Garage
  • Parking Pad
  • Driveway

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 733 / 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,467

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 05-Lower Township
  • Near: Cape May
  • Also Includes: Curtains, Shades, Blinds, Partial Furniture, Window Treatments
  • Estimated Year Built: 1998
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 40 x 80
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1695
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Dining Area, Pantry, Florida Room, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Cape Cod, Victorian
  • Exterior: Vinyl
  • House Color: White
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Screened Porch, Storage Building, Cable TV, Sidewalks, Outside Shower, Whirpool/Spa

Garage/Parking

  • Parking Garage: Garage, Parking Pad, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 733
  • Lot Size: 1 to 6000 SqFt
  • Zoning: residentia

Tax Info

  • Taxes: 7466.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2023
Sold by
Woska Susan M
Bought by
Woska Susan M
Current Estimated Value
$979,076

Purchase Details

Listed on
Oct 10, 2017
Closed on
May 2, 2018
Sold by
Mcdonald Timothy V and Mcdonald Eileen
Bought by
Petersoen Robert W and Woska-Petersen Susan M
Seller's Agent
Jaqueline Bada-Gaffney
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Joan Morey
LONG & FOSTER REAL ESTATE, INC nww
List Price
$499,000
Sold Price
$494,000
Premium/Discount to List
-$5,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$395,200
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2006
Sold by
Shipe Rodney M and Shipe Kim L
Bought by
Mcdonald Timothy and Mcdonald Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,625
Interest Rate
6.06%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 25, 1999
Sold by
Brico Development Incorporate
Bought by
Shipe Rodney and Shipe Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
7.19%
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
Woska Susan M -- --
Woska Susan M -- None Listed On Document
Petersoen Robert W $494,000 --
Mcdonald Timothy $532,500 None Available
Shipe Rodney $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petersoen Robert W $395,200
Previous Owner Mcdonald Timothy $35,625
Previous Owner Mcdonald Timothy $417,000
Previous Owner Shipe Rodney $161,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $494,000 -1.0% $291 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $499,000 -- $294 / 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 $8,628 $424,000 $230,200 $193,800
2024 $8,628 $424,000 $230,200 $193,800
2023 $8,497 $424,000 $230,200 $193,800
2022 $8,238 $424,000 $230,200 $193,800
2021 $7,971 $424,000 $230,200 $193,800
2020 $7,852 $424,000 $230,200 $193,800
2019 $7,640 $424,000 $230,200 $193,800
2018 $7,462 $424,000 $230,200 $193,800
2017 $7,467 $424,000 $230,200 $193,800
2016 $7,365 $424,000 $230,200 $193,800
2015 $7,127 $424,000 $230,200 $193,800
2014 $6,894 $424,000 $230,200 $193,800
Source: Public Records

Agents Affiliated with this Home

  • Jaqueline Bada-Gaffney

    Seller's Agent in 2018

    Jaqueline Bada-Gaffney

    LONG & FOSTER REAL ESTATE, INC nww

    (609) 408-1627

    43 in this area

    47 Total Sales

    Jaqueline Bada-Gaffney
    Section Image

  • J

    Buyer's Agent in 2018

    Joan Morey

    LONG & FOSTER REAL ESTATE, INC nww

    (609) 368-3005

    152 in this area

    160 Total Sales

    Joan Morey
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 178725

Cape May County Association of REALTORS®

APN: 05-00733-0000-00016

New Jersey Cape May County Wildwood 08260 The Wildwoods

205 Madison Ave, Wildwood, NJ

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