NOT LISTED FOR SALE

207 E Monterey Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $832,000 - $1,153,000

5 Beds
3 Baths
1,508 Sq Ft
$620/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $390,000 $259 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,333/month

34 Days on Market

Highlights

  • Island Location
  • Furnished
  • Fenced Yard
  • Deck
  • Den
  • 4-minute walk to Sunset Lake Park

About This Home

As of March 2016

Two blocks to the Beach this 5 bedroom, 3 bath home (plus den) is a perfect fit for your large family who wants to be together at the Shore. First floor consists of a cozy living room, renovated kitchen, nice size den, 1 bedroom and 1 full bath. Second floor you will find 4 more bedrooms plus 2 full baths! Outside enclosed shower. And when you are not at the Beach enjoy the large front porch, rear deck and large fenced-in rear yard. This home also offers off-street parking for 4 cars and consistently produces rental income of $27,000/season. The built-in revenue makes it easy to purchase this Beach home in Wildwood Crest!

Last Agent to Sell the Property

Joan Morey

LONG & FOSTER REAL ESTATE, INC nww License #0562135 Listed on: 01/18/2016

LONG & FOSTER REAL ESTATE, INC nww

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,366

Lot Details

  • Fenced Yard
  • Interior Lot
  • Property is zoned R-2

Home Design

  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Den
  • Wall to Wall Carpet

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 4 Car Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 119

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,366

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 15-Wildwood Crest
  • Near: Beach
  • Also Includes: Rugs, Furniture, Window Treatments
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Electric
  • Interior Amenities: Kitchen Center Island, Wall to Wall Carpet
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 11
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Pantry

Exterior Features

  • Construction: Two Story
  • Exterior: Brick Face, Vinyl
  • House Color: Grey
  • Outside Features: Deck, Porch, Fenced Yard, Storage Building, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 4 car parking

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 10
  • Lot Size: 40 X 90
  • Zoning: R-2
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 4366.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 8, 2016
Sold by
Zimmerman Leonard J and Zimmerman Regina M
Bought by
Gambone Robert G and Gambone Annmarie
Seller's Agent
Joan Morey
LONG & FOSTER REAL ESTATE, INC nww
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%
Current Estimated Value
$934,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,455
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Murphy Mary Ann
Bought by
Zimmerman Leonard J and Zimmerman Regina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Hyman Daniel L
Bought by
Murphy Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
6.11%
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
Gambone Robert G $390,000 None Available
Zimmerman Leonard J $475,000 The Title Company Of Jersey
Murphy Maryann $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zimmerman Leonard J $380,000
Previous Owner Murphy Maryann $294,500
Closed Zimmerman Leonard J $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $390,000 -4.9% $259 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $410,000 -- $272 / 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 $5,298 $371,300 $291,200 $80,100
2024 $5,298 $371,300 $291,200 $80,100
2023 $5,220 $371,300 $291,200 $80,100
2022 $5,072 $371,300 $291,200 $80,100
2021 $4,923 $371,300 $291,200 $80,100
2020 $4,786 $371,300 $291,200 $80,100
2019 $4,749 $371,300 $291,200 $80,100
2018 $4,671 $371,300 $291,200 $80,100
2017 $4,578 $371,300 $291,200 $80,100
2016 $4,433 $371,300 $291,200 $80,100
2015 $4,366 $371,300 $291,200 $80,100
2014 $4,270 $371,300 $291,200 $80,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joan Morey

    LONG & FOSTER REAL ESTATE, INC nww

    (609) 368-3005

    152 in this area

    160 Total Sales

    Joan Morey
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168022

Cape May County Association of REALTORS®

APN: 15-00119-0000-00010

New Jersey Cape May County Wildwood 08260 The Wildwoods

207 E Monterey Ave, Wildwood, NJ

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