NOT LISTED FOR SALE

2111 Central Ave Unit 2111 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $664,000 - $925,000

4 Beds
2 Baths
-- Sq Ft
$150/mo HOA Fee

Last Sold June 19, 2020

Last sale price $450,000

Est. 66% increase in value since last sale

Current estimated payment $4,460/month

16 Days on Market

Highlights

  • Property near a bay
  • Main Floor Primary Bedroom
  • Furnished
  • Island Location
  • Corner Lot
  • Ground Level Unit

About This Home

As of June 2020

Insurances are split 65/35 between unit owners, please note the condo fee does not include insurances because currently there is no flood insurance policy because there is no mortgages against the property. If the buyer of this unit pays cash, flood insurance will not be necessary at this point. The homeowners, liability, Condo insurance for this unit is $1428.00 a year. The total policy amount is $2197.00 through Anchor Insurance. Seller is a licensed NJ Real Estate agent.

Last Agent to Sell the Property

Brian McDowell

ISLAND REALTY GROUP LLC License #9804256 Listed on: 05/06/2020

Last Buyer's Agent

Francis Jannotta

COASTAL ELITE REALTY

COASTAL ELITE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,200

Lot Details

  • 7,013

HOA Fees

  • $150 Monthly HOA Fees

Interior Spaces

  • 2-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Wall to Wall Carpet

Kitchen

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

Bedrooms and Bathrooms

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

Home Security

Parking

  • 3 Car Detached Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 230

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,200

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island
  • District Township: 07-North Wildwood City
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Capital Contribution: No
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Other Rooms: Living Room, Dining Room, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room, Workshop, Storage Space, 1st Floor Master Bedroom

Garage/Parking

  • Parking: Garage, Parking Pad, 3 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Gas Natural, Baseboard
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Laundry Room
  • Condo Fees: 150.00
  • Unit Features: Wall To Wall Carpet
  • Unit Location: First Floor, Corner

Lot Info

  • Lot Number: 1
  • Total Assessment: 349000

Tax Info

  • Taxes: 4200
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 20, 2020
Sold by
Hathaway Joan M
Bought by
Dijoseph Theresa and Dijoseph Frank
Seller's Agent
Brian McDowell
ISLAND REALTY GROUP LLC
Buyer's Agent
Francis Jannotta
COASTAL ELITE REALTY
List Price
$349,900
Sold Price
$450,000
Premium/Discount to List
$100,100
28.61%
Current Estimated Value
$746,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,841
Avg. Annual Appreciation
9.91%
Original Mortgage
$35,000
Outstanding Balance
$31,025
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$715,816

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 19, 2020
Sold by
Mcdowell Brian
Bought by
Spenell Matthew C and Spinelli Colleen A
Seller's Agent
Brian McDowell
ISLAND REALTY GROUP LLC
Buyer's Agent
Francis Jannotta
COASTAL ELITE REALTY
List Price
$349,900
Sold Price
$450,000
Premium/Discount to List
$100,100
28.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$31,025
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$715,816
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
Dijoseph Theresa $165,000 Misc Company
Spenell Matthew C $350,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dijoseph Theresa $35,000
Open Spenell Matthew C $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $450,000 +28.6% --
05/22/2020 05/22/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $349,900 -- --
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 $4,580 $295,100 $120,000 $175,100
2024 $4,580 $295,100 $120,000 $175,100
2023 $4,483 $295,100 $120,000 $175,100
2022 $4,303 $295,100 $120,000 $175,100
2021 $3,064 $295,100 $120,000 $175,100
2020 $3,987 $295,100 $176,400 $118,700
Source: Public Records

Agents Affiliated with this Home

  • Brian McDowell

    Seller's Agent in 2020

    Brian McDowell

    ISLAND REALTY GROUP LLC

    (609) 517-7848

    8 in this area

    8 Total Sales

    Brian McDowell
    Section Image
  • Francis Jannotta

    Buyer's Agent in 2020

    Francis Jannotta

    COASTAL ELITE REALTY

    (609) 374-1002

    50 in this area

    93 Total Sales

    Francis Jannotta
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201490

Cape May County Association of REALTORS®

APN: 07 00230-0000-00001-0000-C2111

New Jersey Cape May County Wildwood 08260 The Wildwoods

2111 Central Ave Unit 2111, Wildwood, NJ

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