NOT LISTED FOR SALE

209 E Roberts Ave Unit A Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $595,316 - $654,000

4 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold March 20, 2018

Last sale price $205,000

Est. 203% increase in value since last sale

Current estimated payment $3,837/month

30 Days on Market

Highlights

  • Island Location
  • 1-Story Property
  • Ceiling Fan
  • Outdoor Shower
  • Central Air
  • 4-minute walk to Fox Park

About This Home

As of March 2018

This property qualifies for the FIRST LOOK INITIATIVE through 01/23/2018. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot and structure. ****Please see associated docs for inspection reports and Offer sheet.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 01/03/2018

COASTAL ELITE REALTY

Last Buyer's Agent

Joan Morey

LONG & FOSTER REAL ESTATE, INC nww License #0562135

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,414

Lot Details

  • 4,008

Parking

  • Garage

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Outdoor Shower
  • Island Location

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Legal Lot and Block 4 / 128

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,414

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 13-W. Wildwood
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 209
  • Selling Agent1: 1981
  • Selling Office1: 662
  • OFFICELIST_STATE: NJ
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4

Garage/Parking

  • Parking: Garage

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Unit: A
  • Common Area Features: Deck/Porch, Outside Shower
  • Condo Fees: 111111111

Lot Info

  • Lot Number: 4
  • Total Assessment: 233000

Tax Info

  • Taxes: 5414
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Mar 19, 2018
Sold by
Fhlmc
Bought by
Michalik Gary J and Michalik Kathryn
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Joan Morey
LONG & FOSTER REAL ESTATE, INC nww
List Price
$204,900
Sold Price
$205,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$620,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,579
Avg. Annual Appreciation
15.67%
Original Mortgage
$184,500
Outstanding Balance
$158,177
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$462,402

Purchase Details

Closed on
Aug 13, 2016
Sold by
Sheriff Of Cape May County
Bought by
Freral Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 4, 2006
Sold by
Aj Wildwood Venture Llc
Bought by
Rieman William A and Riemann Kathleen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 24, 2005
Sold by
Bhp Properties Llc
Bought by
Riemann Kathleen P and Riemann William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Michalik Gary J $205,000 --
Freral Home Loan Mortgage Corporation $463,421 Attorney
Rieman William A $366,900 Precision Title Agency
Riemann Kathleen P $400,000 Precision Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michalik Gary J $184,500
Previous Owner Rieman William A $36,700
Previous Owner Rieman William A $293,500
Previous Owner Riemann Kathleen P $359,650
Closed Freral Home Loan Mortgage Corporation $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2018 03/20/18 Sold $205,000 0.0% --
02/18/2018 02/18/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $204,900 -- --
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 $6,992 $233,000 $80,000 $153,000
2024 $6,992 $233,000 $80,000 $153,000
2023 $6,825 $233,000 $80,000 $153,000
2022 $6,599 $233,000 $80,000 $153,000
2021 $6,419 $233,000 $80,000 $153,000
2020 $6,268 $233,000 $80,000 $153,000
2019 $6,044 $233,000 $80,000 $153,000
2018 $5,823 $233,000 $80,000 $153,000
2017 $5,578 $233,000 $80,000 $153,000
2016 $5,415 $233,000 $80,000 $153,000
2015 $5,329 $233,000 $80,000 $153,000
2014 $5,266 $233,000 $80,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 179728

Cape May County Association of REALTORS®

APN: 14-00128-0000-00004-0000-C000A