NOT LISTED FOR SALE

2200 Central Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $579,000 - $951,000

6 Beds
2 Baths
-- Sq Ft
0.92 Acres

Last Sold May 29, 2020

Last sale price $449,000

Est. 86% increase in value since last sale

Current estimated payment $4,960/month

60 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Fenced Yard
  • Island Location
  • Corner Lot
  • 3 Car Detached Garage

About This Home

As of May 2020

EZ to show with lock box on 2nd floor unit door. See associated documents for Seller Disclosure, Flood Cert and Survey. The 1st floor unit is now vacant. The tenant vacated the property at End of March, 2020.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 03/08/2020

Last Buyer's Agent

Donna Leyland

COASTAL ELITE REALTY

COASTAL ELITE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 40 x 100
  • Fenced Yard
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • Blinds
  • Living Room
  • Storage Room
  • Laundry Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Island Location

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 11 / 198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,198

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Corner, Island
  • District Township: 07-North Wildwood City
  • Near: Beach, Boardwalk, Dining
  • Also Includes: Shades, Blinds, Other (See Remarks)
  • Estimated Year Built: 1980
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 2200
  • Lot Size2: 40 X 100
  • Selling Agent1: 1021
  • Selling Office1: 487
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Eat In Kitchen, Laundry/Utility Room, Storage Space

Exterior Features

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

Garage/Parking

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

Utilities

  • Separate Meter: Electric, Gas, Heat, Hot Water, Cooling, Cable TV
  • Cooling: Central Air, Electric, Multi Zoned
  • Heating: Gas Natural, Forced Air, Heat Pump, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City
  • Cable Available: Lease Information, Survey, Utility Information

Lot Info

  • Lot Number: 11
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R1

Tax Info

  • Taxes: 5197.88
  • Tax Year: 2019

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
May 22, 2020
Sold by
Houghton Richard D and Houghton Kathlee M
Bought by
Ljkq Real Estate Nj Llc
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Donna Leyland
COASTAL ELITE REALTY
List Price
$449,900
Sold Price
$449,000
Premium/Discount to List
-$900
-0.2%
Current Estimated Value
$834,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,255
Avg. Annual Appreciation
14.13%

Purchase Details

Listed on
Mar 11, 2017
Closed on
Apr 14, 2017
Sold by
Savarese Judith A and Emory James J
Bought by
Houghton Richard D and Houghton Kathleen M
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Paul Zografakis
RE/MAX SURFSIDE
List Price
$389,000
Sold Price
$405,000
Premium/Discount to List
$16,000
4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$303,750
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1997
Sold by
Marano Matthew
Bought by
Gerhart Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.57%

Purchase Details

Closed on
May 15, 1985
Bought by
Savarese Judith A
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
Ljkq Real Estate Nj Llc $449,000 Surety Title
Houghton Richard D $40,500,000 Mutual Title Agency Inc
Gerhart Donald L $145,000 --
Savarese Judith A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ljkq Real Estate Nj Llc $275,000
Previous Owner Houghton Richard D $303,750
Previous Owner Gerhart Donald J $100,000
Previous Owner Gerhart Donald J $50,000
Previous Owner Gerhart Donald L $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $449,000 -0.2% --
05/07/2020 05/07/20 Pending -- -- --
03/08/2020 03/08/20 For Sale $449,900 +11.1% --
04/21/2017 04/21/17 Sold $405,000 +4.1% --
03/22/2017 03/22/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $389,000 -- --
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 $6,177 $398,000 $222,000 $176,000
2024 $6,177 $398,000 $222,000 $176,000
2023 $6,046 $398,000 $222,000 $176,000
2022 $5,803 $398,000 $222,000 $176,000
2021 $3,988 $398,000 $222,000 $176,000
2020 $5,377 $398,000 $222,000 $176,000
2019 $5,198 $398,000 $222,000 $176,000
2018 $5,051 $398,000 $222,000 $176,000
2017 $4,137 $333,100 $222,000 $111,100
2016 $4,057 $333,100 $222,000 $111,100
2015 $4,506 $399,500 $240,000 $159,500
2014 $4,399 $399,500 $240,000 $159,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis

    Seller's Agent in 2020

    Paul Zografakis

    RE/MAX SURFSIDE

    (609) 846-3100

    172 in this area

    176 Total Sales

    Paul Zografakis
    Section Image

  • D

    Buyer's Agent in 2020

    Donna Leyland

    COASTAL ELITE REALTY

    (610) 584-0749

    81 in this area

    95 Total Sales

    Donna Leyland
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201029

Cape May County Association of REALTORS®

APN: 07-00198-0000-00011

New Jersey Cape May County Wildwood 08260 The Wildwoods

2200 Central Ave, Wildwood, NJ

This home is located at 2200 Central Ave, Wildwood, NJ 08260 since 08 March 2020 and is currently estimated at $834,255. This property was built in 1980. 2200 Central Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

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