NOT LISTED FOR SALE

Estimated Value: $539,000 - $575,947

3 Beds
2 Baths
1,398 Sq Ft
$200/mo HOA Fee

Last Sold April 09, 2021

Last sale price $380,000 $272 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,756/month

37 Days on Market

Highlights

  • Property near a bay
  • Wood Flooring
  • Great Room
  • Island Location
  • Corner Lot
  • 3-minute walk to Fox Park

About This Home

As of April 2021

HVAC system only one year old. Includes all furniture and beach gear minus propane fire pit, and king mattress in master bedroom, telephone table. Rental income of $2400 per week up to $30,000 + per year.

Last Agent to Sell the Property

Judith Suder

CENTURY 21 ALLIANCE wc Listed on: 01/27/2021

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

Jaqueline Bada-Gaffney

LONG & FOSTER REAL ESTATE, INC nww

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,320

Year Built

  • Built in 2004

Lot Details

  • 8,015

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,398 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Storage Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Property near a bay
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 7 / 118

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,320

Year Built

Built in 2004

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island
  • District Township: 14-Wildwood City
  • Near: Beach, convention center
  • Also Includes: Drapes, Blinds
  • Estimated Year Built: 2004
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 223
  • Price per Sq Ft: 271.82
  • Selling Agent1: 2107
  • Selling Office1: 717
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1398
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Great Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car, Attached

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: A
  • Common Area Features: Deck/Porch, Cable TV
  • Condo Fees: 200.00
  • Unit Features: Hardwood Floors, Tile Floors
  • Unit Location: Corner

Lot Info

  • Lot Number: 7
  • Total Assessment: 205100

Tax Info

  • Taxes: 5320.29
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 9, 2021
Sold by
Nelson Jeremy M and Nelson Alexandra V
Bought by
Merriman Taylor C and Merriman Gilda
Seller's Agent
Judith Suder
CENTURY 21 ALLIANCE wc
Buyer's Agent
Jaqueline Bada-Gaffney
LONG & FOSTER REAL ESTATE, INC nww
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Current Estimated Value
$562,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,737
Avg. Annual Appreciation
9.41%
Original Mortgage
$285,000
Outstanding Balance
$258,632
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,436

Purchase Details

Listed on
Feb 18, 2018
Closed on
May 4, 2018
Sold by
Hartner David and Hartner Teresa
Bought by
Nelson Jeremy M and Nelson Alexandra V
Seller's Agent
Diane Herman
eXp REALTY
Buyer's Agent
Judith Suder
CENTURY 21 ALLIANCE wc
List Price
$257,500
Sold Price
$247,000
Premium/Discount to List
-$10,500
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%
Original Mortgage
$197,600
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2013
Sold by
Lerner Philip and Lerner Rosln
Bought by
Hartner David and Hartner Teresa
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
Merriman Taylor C $380,000 Misc Company
Nelson Jeremy M $247,000 --
Hartner David $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merriman Taylor C $285,000
Previous Owner Nelson Jeremy M $196,500
Previous Owner Nelson Jeremy M $197,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $380,000 -5.0% $272 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $399,900 +61.9% $286 / Sq Ft
05/04/2018 05/04/18 Sold $247,000 -4.1% $165 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
02/18/2018 02/18/18 For Sale $257,500 -- $172 / 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 $6,155 $205,100 $80,000 $125,100
2024 $6,155 $205,100 $80,000 $125,100
2023 $6,007 $205,100 $80,000 $125,100
2022 $5,808 $205,100 $80,000 $125,100
2021 $4,205 $205,100 $80,000 $125,100
2020 $5,517 $205,100 $80,000 $125,100
2019 $5,320 $205,100 $80,000 $125,100
2018 $5,125 $205,100 $80,000 $125,100
2017 $4,910 $205,100 $80,000 $125,100
2016 $4,767 $205,100 $80,000 $125,100
2015 $4,691 $205,100 $80,000 $125,100
2014 $4,635 $205,100 $80,000 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210360

Cape May County Association of REALTORS®

APN: 14-00118-0000-00007-0000-C223A