NOT LISTED FOR SALE

218 E Davis Ave Unit 400 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $568,000 - $633,000

4 Beds
2 Baths
1,600 Sq Ft
6,011 Sq Ft Lot

Last Sold April 04, 2016

Last sale price $240,000 $150 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,727/month

159 Days on Market

Highlights

  • Island Location
  • Corner Lot
  • Breakfast Area or Nook
  • Cathedral Ceiling
  • Furnished
  • 3-minute walk to Fox Park

About This Home

As of April 2016

This wonderful 4 bedroom, 2 bath condo is located on the top floor and in a fabulous location. A bright and spacious living room hosts a gas fireplace and sliders to a private balcony. The open floor plan leads to the kitchen with dining area, breakfast bar, stainless steel appliances, and recessed lighting. 4 airy bedrooms are serviced by 2 full baths. Enjoy the bonus room on the first floor with ping pong table. Full laundry room in unit for added convenience. Additional features include a garage, storage area and enclosed outdoor shower. Priced to sell and comes fully furnished! Excellent rental history!

Last Agent to Sell the Property

Christopher Ferzoco

KELLER WILLIAMS REALTY JERSEY SHORE - SIC License #0448907 Listed on: 09/28/2015

KELLER WILLIAMS REALTY JERSEY SHORE - SIC

Co-Listed By

Joseph Ferzoco

KELLER WILLIAMS REALTY JERSEY SHORE wc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 2005

Lot Details

  • 6,011

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 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 19 / 85

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,015

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island
  • District Township: 14-Wildwood City
  • Also Includes: Curtains, Blinds, Fireplace Equipment, Furniture
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1600
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Breakfast Nook, Storage Space

Garage/Parking

  • Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Storage Facilities, Outside Shower
  • Condo Fees: 750/qtr
  • Unit Features: Fireplace, Wall To Wall Carpet, Cathedral Ceiling
  • Unit Location: Top Floor, Corner

Lot Info

  • Lot Number: 19

Tax Info

  • Taxes: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2015
Closed on
Mar 29, 2016
Sold by
Ferraro John and Ferraro Eileen
Bought by
East Coast Development Llc
Seller's Agent
Christopher Ferzoco
KELLER WILLIAMS REALTY JERSEY SHORE - SIC
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Current Estimated Value
$598,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,576
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Mar 21, 2012
Sold by
Riemann William and Riemann Kathleen
Bought by
Ferraro John and Ferraro Eileen

Purchase Details

Closed on
Jul 13, 2005
Sold by
Bucciarelli Development Co
Bought by
Riemann 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
$292,410
Interest Rate
3.5%
Mortgage Type
New Conventional
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
East Coast Development Llc $240,000 Mutual Title Agency
Ferraro John $180,000 Shore Title Agency Inc
Riemann William A $324,900 Precision Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riemann William A $292,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $240,000 -7.7% $150 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $260,000 -- $163 / 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 $7,121 $237,300 $80,000 $157,300
2024 $7,121 $237,300 $80,000 $157,300
2023 $6,951 $237,300 $80,000 $157,300
2022 $6,720 $237,300 $80,000 $157,300
2021 $6,538 $237,300 $80,000 $157,300
2020 $6,383 $237,300 $80,000 $157,300
2019 $6,156 $237,300 $80,000 $157,300
2018 $5,930 $237,300 $80,000 $157,300
2017 $5,681 $237,300 $80,000 $157,300
2016 $5,515 $237,300 $80,000 $157,300
2015 $5,427 $237,300 $80,000 $157,300
2014 $5,363 $237,300 $80,000 $157,300
Source: Public Records

Agents Affiliated with this Home

  • Christopher Ferzoco

    Seller's Agent in 2016

    Christopher Ferzoco

    KELLER WILLIAMS REALTY JERSEY SHORE - SIC

    (609) 408-9817

    129 in this area

    251 Total Sales

    Christopher Ferzoco
    Section Image
  • Joseph Ferzoco

    Seller Co-Listing Agent in 2016

    Joseph Ferzoco

    KELLER WILLIAMS REALTY JERSEY SHORE wc

    (609) 220-3444

    112 in this area

    186 Total Sales

    Joseph Ferzoco
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166451

Cape May County Association of REALTORS®

APN: 14-00085-0000-00019-02-C0400

New Jersey Cape May County Wildwood 08260 The Wildwoods

218 E Davis Ave Unit 400, Wildwood, NJ

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