NOT LISTED FOR SALE

212 E Cresse Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $684,000 - $877,000

6 Beds
2 Baths
2,544 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $269,000 $106 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $4,568/month

52 Days on Market

Highlights

  • Island Location
  • Fenced Yard
  • Living Room
  • Great Room
  • Enclosed Patio or Porch
  • Laundry Room

About This Home

As of May 2018

Seller: THE BANK OF NEW YORK MELLON FKA THE BANK OF NEWYORK, AS TRUSTEE FOR THE CERTIFICATE HOLDERS OF CWALT, INC., ALTERNATIVE LOAN TRUST 2007-OH1, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-OH1

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE License #0451111 Listed on: 03/05/2018

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Last Buyer's Agent

Nicolette Gorski

CENTURY 21 ALLIANCE wc

CENTURY 21 ALLIANCE wc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,007

Year Built

  • Built in 1910

Lot Details

  • 3,485

Home Design

  • Duplex

Interior Spaces

  • 2,544 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Fenced Yard
  • Island Location

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 14 / 1.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,007

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Estimated Year Built: 1910
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 212
  • Listing Office2: 612
  • Lot Size2: 3498
  • Selling Agent1: 1080
  • Selling Office1: 96
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Total Sq Ft: 2544
  • Other Rooms: Living Room, Dining Room, Kitchen, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Outside Features: Enclosed/Cov. Patio, Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower

Utilities

  • Separate Meter: Electric
  • Cooling: Central Air, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 14
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 325000
  • Zoning: R2

Tax Info

  • Taxes: 4007.25
  • Tax Year: 2017

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 1, 2018
Sold by
Bank Of America Na
Bought by
Werner Michael J and Werner Lori
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Nicolette Gorski
CENTURY 21 ALLIANCE wc
List Price
$279,900
Sold Price
$269,000
Premium/Discount to List
-$10,900
-3.89%
Current Estimated Value
$797,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,290
Avg. Annual Appreciation
15.72%
Original Mortgage
$201,750
Outstanding Balance
$173,713
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$623,577

Purchase Details

Closed on
Dec 27, 2017
Sold by
Knowlton Rosemarie and United States Of America
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jul 26, 1996
Sold by
D'Ambrosio Margaret
Bought by
Knowlton Arthur and Knowlton Rosemarie
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
Werner Michael J $269,000 --
The Bank Of New York Mellon $397,497 None Available
Knowlton Arthur $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Michael J $201,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $269,000 -3.9% $106 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $279,900 -- $110 / 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 $4,638 $325,000 $220,000 $105,000
2024 $4,638 $325,000 $220,000 $105,000
2023 $4,570 $325,000 $220,000 $105,000
2022 $4,440 $325,000 $220,000 $105,000
2021 $4,310 $325,000 $220,000 $105,000
2020 $4,189 $325,000 $220,000 $105,000
2019 $4,157 $325,000 $220,000 $105,000
2018 $4,089 $325,000 $220,000 $105,000
2017 $4,007 $325,000 $220,000 $105,000
2016 $3,881 $325,000 $220,000 $105,000
2015 $3,822 $325,000 $220,000 $105,000
2014 $3,738 $325,000 $220,000 $105,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Groetsch

    Seller's Agent in 2018

    Brian Groetsch

    RE/MAX SURFSIDE

    (609) 972-6339

    11 in this area

    118 Total Sales

    Brian Groetsch
    Section Image
  • Christine Lynn

    Seller Co-Listing Agent in 2018

    Christine Lynn

    RE/MAX SURFSIDE

    (609) 780-7344

    12 in this area

    107 Total Sales

    Christine Lynn
    Section Image
  • Nicolette Gorski

    Buyer's Agent in 2018

    Nicolette Gorski

    CENTURY 21 ALLIANCE wc

    (609) 374-0505

    94 in this area

    139 Total Sales

    Nicolette Gorski
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180700

Cape May County Association of REALTORS®

APN: 15-00001-01-00014

New Jersey Cape May County Wildwood 08260 The Wildwoods

212 E Cresse Ave, Wildwood, NJ

This home is located at 212 E Cresse Ave, Wildwood, NJ 08260 since 05 March 2018 and is currently estimated at $797,290, approximately $313 per square foot. This property was built in 1910. 212 E Cresse Ave is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

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