NOT LISTED FOR SALE

223 W Wildwood Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $571,804 - $784,000

-- Bed
-- Bath
1,496 Sq Ft
$442/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $502,000 $336 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,173/month

13 Days on Market

About This Home

As of December 2022

Outstanding and Spacious Duplex with Airbnb Potential! Centrally located in a desirable area only minutes from Wildwood Beach (0.7-miles), this 2,808sqft two-unit property provides exceptional versatility for the seasoned investor or savvy home owner seeking monthly cashflow. Gross Income in 2022 is $43,000. Currently unoccupied and formerly an Airbnb, the 4BR/2BA front-unit impresses with stylish wood flooring, abundant natural light, an openly flowing traditional floorplan, vaulted ceilings, a large living room w/exposed brick, and an open concept kitchen featuring granite counters, a stainless-steel gas range/oven, a breakfast bar, a dishwasher, and a dining area. All four bedrooms are generously sized with dedicated closets, while the primary bedroom also has an en suite. As a fabulous benefit, the 2BR/1BA back-unit is already tenant occupied. Rent at $1,000/month. Other features: 2 paved parkings, laundry area, separate meters, close to shops, restaurants, entertainment, and schools, and so much more! Schedule your private showing today!

Last Agent to Sell the Property

Anastasia Tran

KW Empower Real Estate License #2184675 Listed on: 11/07/2022

KW Empower Real Estate

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,809

Lot Details

  • Lot Dimensions are 40 x 100

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,809

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 11/07/2022
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 x 100

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Dec 13, 2022
Sold by
Le Nguyen H
Bought by
Cannataro Stephen and Cannataro Denise
Seller's Agent
Anastasia Tran
KW Empower Real Estate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$499,000
Sold Price
$502,000
Premium/Discount to List
$3,000
0.6%
Views
18
Current Estimated Value
$661,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,201
Avg. Annual Appreciation
10.62%
Original Mortgage
$376,500
Outstanding Balance
$364,621
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$296,580

Purchase Details

Listed on
Jan 11, 2018
Closed on
May 17, 2018
Sold by
Marsden Richard and Mardsen Michelle T
Bought by
Le Nguyen H
Seller's Agent
Jeff Quintin
eXp REALTY
Buyer's Agent
Kristen Hamann
COASTAL ELITE REALTY
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Original Mortgage
$202,500
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Marsden James
Bought by
Marsden Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 1994
Sold by
Byron Peter
Bought by
Sautter Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cannataro Stephen $502,000 Land Title
Cannataro Stephen $502,000 Land Title
Le Nguyen H $270,000 --
Marsden Richard $88,000 --
Marsden Richard $88,000 --
Sautter Frank $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannataro Stephen $376,500
Closed Cannataro Stephen $376,500
Previous Owner Le Nguyen H $202,500
Previous Owner Marsden Richard R $50,000
Previous Owner Marsden Richard $160,200
Previous Owner Marsden Richard R $100,000
Previous Owner Marsden Richard $88,000
Previous Owner Sautter Frank $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $502,000 +0.6% $336 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $499,000 +84.8% $334 / Sq Ft
05/11/2018 05/11/18 Sold $270,000 -1.8% $180 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $275,000 -- $184 / Sq Ft
Source: South Jersey Shore Regional 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 $7,809 $260,200 $97,000 $163,200
2024 $7,809 $260,200 $97,000 $163,200
2023 $7,621 $260,200 $97,000 $163,200
2022 $7,369 $260,200 $97,000 $163,200
2021 $5,171 $260,200 $97,000 $163,200
2020 $6,999 $260,200 $97,000 $163,200
2019 $6,750 $260,200 $97,000 $163,200
2018 $6,502 $260,200 $97,000 $163,200
2017 $6,229 $260,200 $97,000 $163,200
2016 $6,047 $260,200 $97,000 $163,200
2015 $5,951 $260,200 $97,000 $163,200
2014 $5,881 $260,200 $97,000 $163,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Anastasia Tran

    KW Empower Real Estate

    Section Image

  • A

    Buyer's Agent in 2022

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Jeff Quintin

    Seller's Agent in 2018

    Jeff Quintin

    eXp REALTY

    (609) 398-5333

    71 in this area

    510 Total Sales

    Jeff Quintin
    Section Image

  • K

    Buyer's Agent in 2018

    Kristen Hamann

    COASTAL ELITE REALTY

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568773

South Jersey Shore Regional MLS

APN: 14-00199-01-00023

New Jersey Cape May County Wildwood 08260 The Wildwoods

223 W Wildwood Ave, Wildwood, NJ

This home is located at 223 W Wildwood Ave, Wildwood, NJ 08260 since 07 November 2022 and is currently estimated at $661,201, approximately $441 per square foot. 223 W Wildwood Ave is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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