NOT LISTED FOR SALE

220 W Magnolia Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $288,000 - $405,000

3 Beds
1.5 Baths
864 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $315,000 $365 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,216/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Electric Baseboard Heater

About This Home

As of May 2024

OPPORTUNITY IS KNOCKING! PRIME LOCATION - Whether you're a CONTRACTOR, BUILDER, or INVESTOR looking to bring an incredible piece of Cape May County history into modern times - or a beach-loving BUYER looking to score your own cozy shore home, welcome to this 3-bedroom, 1.5-bathroom Colonial-style home in the heart of Wildwood! Only 4 blocks from the beach, 220 W Magnolia was built in 1889 & is said to have been the 9th house ever to be built on the island! Featuring an outdoor shower and enclosed patio area, off-street parking for two, and a large front yard, this home proves to be functional AND spacious. First floor hosts updated flooring throughout the Kitchen and Living Space. The Full Bathroom is also located on the first floor. Second floor presents 3 bedrooms and 1 Half Bathroom. 3rd Level boasts a partially finished separate space that has been used a 4th bedroom in the past! Unfinished section of 3rd Level provides ample storage space. NEW HOT WATER HEATER 2021. Location 2 blocks from Pacific Ave. makes enjoying Wildwood concerts & festivals convenient and easy! Walking distance to Morey's Pier, water parks, restaurants, grocery stores, mini-golf, ice-cream, and more - this LOCATION is a vacationer's dream. Summer is calling! May come partially furnished - negotiable. Use for yourself while stalling time to build your dream home!

Last Agent to Sell the Property

Christina Fuscellaro

(484) 228-1029 callchristina@lnf.com Long & Foster Real Estate, Inc. Listed on: 04/11/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Christina Fuscellaro

(484) 228-1029 callchristina@lnf.com Long & Foster Real Estate, Inc. Listed on: 04/11/2024

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,939

Year Built

  • Built in 1889

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 30.00 x 90.00
  • Property is in average condition

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 864 Sq Ft Home
  • Property has 2.5 Levels
  • Partially Furnished
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Off-Street Parking

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wildwood Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-00224-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,939

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-11
  • Federal Flood Zone: Yes
  • Year Built: 1889
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: OPPORTUNITY IS KNOCKING! PRIME LOCATION - Whether you're a CONTRACTOR, BUILDER, or INVESTOR looking to bring an incredible piece of Cape May County history into modern times - or a beach-loving BUYER looking to score your own cozy shore home, welcome to this 3-bedroom, 1.5-bathroom Colonial-style home in the heart of Wildwood! Only 4 blocks from the beach, 220 W Magnolia was built in 1889 & is said to have been the 9th house ever to be built on the island! Featuring an outdoor shower and enclosed patio area, off-street parking for two, and a large front yard, this home proves to be functional AND spacious. First floor hosts updated flooring throughout the Kitchen and Living Space. The Full Bathroom is also located on the first floor. Second floor presents 3 bedrooms and 1 Half Bathroom. 3rd Level boasts a partially finished separate space that has been used a 4th bedroom in the past! Unfinished section of 3rd Level provides ample storage space. NEW HOT WATER HEATER 2021. Location 2 blocks from Pacific Ave. makes enjoying Wildwood concerts & festivals convenient and easy! Walking distance to Morey's Pier, water parks, restaurants, grocery stores, mini-golf, ice-cream, and more - this LOCATION is a vacationer's dream. Summer is calling! May come partially furnished - negotiable. Use for yourself while stalling time to build your dream home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2.5
  • Basement: No
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 289.35
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 220

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WILDWOOD CITY SCHOOLS
  • School District Key: 300200396652
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 30.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2700.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: R-1

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Tax Annual Amount: 3939.00
  • Assessor Parcel Number: 14-00224-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/24/2024

MLS Schools

  • School District Name: WILDWOOD CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 24, 2024
Sold by
Longenberger Lee W
Bought by
Ellis Shawn and Ellis Kelly
Seller's Agent
Christina Fuscellaro
Long & Foster Real Estate, Inc.
Buyer's Agent
Christina Fuscellaro
Long & Foster Real Estate, Inc.
List Price
$200,000
Sold Price
$315,000
Premium/Discount to List
$115,000
57.5%
Views
192
Current Estimated Value
$356,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,193
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Sep 15, 2008
Sold by
Longenberger Susan
Bought by
Longenberger Lee W

Purchase Details

Closed on
Aug 30, 1990
Sold by
Weltmer Jacob and Weltmer Helen D
Bought by
Longenberger Susan
Source: Public Records

Range of Values:

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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
Ellis Shawn $315,000 Infinity Title
Ellis Shawn $315,000 Infinity Title
Longenberger Lee W -- None Available
Longenberger Susan -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $315,000 +26.0% $365 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $250,000 +25.0% $289 / Sq Ft
04/11/2024 04/11/24 For Sale $200,000 -- $231 / Sq Ft
Source: Bright MLS

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 $4,174 $76,800 $76,800 --
2024 $4,174 $139,100 $76,800 $62,300
2023 $4,074 $139,100 $76,800 $62,300
2022 $3,939 $139,100 $76,800 $62,300
2021 $2,852 $139,100 $76,800 $62,300
2020 $3,742 $139,100 $76,800 $62,300
2019 $3,608 $139,100 $76,800 $62,300
2018 $3,476 $139,100 $76,800 $62,300
2017 $3,330 $139,100 $76,800 $62,300
2016 $3,233 $139,100 $76,800 $62,300
2015 $3,181 $139,100 $76,800 $62,300
2014 $3,144 $139,100 $76,800 $62,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christina Fuscellaro

    Long & Foster

    (484) 228-1029

    1 in this area

    38 Total Sales

    Christina Fuscellaro
    Section Image
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Map

Source: Bright MLS

MLS Number: NJCM2003366

Bright MLS

APN: 14-00224-0000-00009

New Jersey Cape May County Wildwood 08260 The Wildwoods

220 W Magnolia Ave, Wildwood, NJ

This home is located at 220 W Magnolia Ave, Wildwood, NJ 08260 since 11 April 2024 and is currently estimated at $356,193, approximately $412 per square foot. This property was built in 1889. 220 W Magnolia Ave is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

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