NOT LISTED FOR SALE

228 W Magnolia Ave Unit 230 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $508,000

-- Bed
-- Bath
1,536 Sq Ft
$331/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $50,000 $33 Per Sq Ft

Est. 916% increase in value since last sale

Current estimated payment $3,172/month

277 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Breakfast Area or Nook
  • Island Location
  • Den
  • Fenced Yard

About This Home

As of January 2017

Buyer's agent should notify buyer that the Seller acquired the Property as a result of foreclosure, by deed in lieu of foreclosure or otherwise similar procedure or transaction. Seller is unaware of the condition of the Property and neither the Seller or Seller's Agent makes any warranties, expressed or implied as to the condition of the property. It is the intent of the Seller to sell the property in its "AS-IS" present condition. Seller shall make no repairs nor offer any credits for repairs. Seller shall not provide a survey, property condition report, homeowners warranty or Certification of Occupancy. Buyer should satisfy all questions and concerns with personal inspection and research at their expense. All municipal inspections required for transfer of title are the responsibility of the Buyer. All offers must be accompanied by a pre-approval or proof of funds, a copy of an EMD check in the amount of $2000 made out to the Listing Brokerage’s Trust Account and if purchased as an owner-occupied property a fully completed Owner Occupancy Certification that may be found under Associated Docs. Please make your client is aware of the offer review timeline based on their intended use of the property. See attachment under MLS Docs for PAS requirements and WFHM offer submittal information in MLS document section. To report any concerns with a listing broker/agent or to report any property condition or other concern needing escalation, including concerns related to a previously submitted offer or information on how to place an offer, please call: 1 877-617-5274.

Last Agent to Sell the Property

Joseph Zarroli

ISLAND REALTY GROUP LLC Listed on: 03/21/2016

Last Buyer's Agent

Edward Augsberger

COASTAL ELITE REALTY License #0338089

COASTAL ELITE REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 60 x 90
  • Fenced Yard
  • Interior Lot

Home Design

  • Quadruplex

Interior Spaces

  • Living Room
  • Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Parking

  • 1 Parking Space
  • Shared Driveway

Outdoor Features

  • Property near a bay
  • Deck
  • Patio
  • Porch

Location

  • Island Location

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 4 / 224

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Four-Plex
  • Location: Inside Lot, Island
  • District Township: 14-Wildwood City
  • Estimated Year Built: 1930
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 228-230
  • Lot Size2: 60 x 90
  • Selling Agent1: 1506
  • Selling Office1: 508
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat In Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Patio, Deck, Porch, Fenced Yard, Cable TV, Sidewalks

Garage/Parking

  • Parking: 1 Car, Shared Driveway

Utilities

  • Separate Meter: Electric
  • Heating: Gas Natural, Baseboard
  • Sewer: City, Public
  • Water: City, Public

Lot Info

  • Lot Number: 4
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 279100
  • Zoning: R1

Tax Info

  • Taxes: 6383.02
  • Tax Year: 2016

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2020
Sold by
Has Capital Llc
Bought by
Cawley Douglas C
Current Estimated Value
$508,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,410
Outstanding Balance
$155,311
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2019
Sold by
Farlow Charles
Bought by
Has Capital Llc

Purchase Details

Listed on
Mar 21, 2016
Closed on
Dec 20, 2016
Sold by
Us Bank National Association
Bought by
Farlow Charles
Seller's Agent
Joseph Zarroli
ISLAND REALTY GROUP LLC
Buyer's Agent
Edward Augsberger
COASTAL ELITE REALTY
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Purchase Details

Closed on
Feb 2, 2016
Sold by
Schaffer Gary G and Dlb Andrews Avenue Llc
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 22, 2004
Sold by
Damico Mark
Bought by
Dlb Andrews Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2003
Sold by
Damico Mark
Bought by
Betty Simon Trustee Llc

Purchase Details

Closed on
May 23, 1990
Sold by
King James F and King Joan F
Bought by
Grant Edmund and Grant Theresa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cawley Douglas C $194,900 None Available
Has Capital Llc $400,000 Shore Title
Farlow Charles $50,000 None Available
Us Bank National Association -- None Available
Dlb Andrews Avenue Llc $380,000 The Title Company Of Jersey
Betty Simon Trustee Llc $4,667 --
Grant Edmund $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cawley Douglas C $175,410
Previous Owner Dlb Andrews Avenue Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2017 01/06/17 Sold $50,000 -16.5% $33 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $59,900 -- $39 / 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
2020 $7,000 $352,200 $111,400 $240,800
2019 -- $352,200 $111,400 $240,800
2018 -- $279,100 $111,400 $167,700
2017 -- $279,100 $111,400 $167,700
2016 -- $279,100 $111,400 $167,700
2015 -- $279,100 $111,400 $167,700
2014 -- $279,100 $111,400 $167,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 169221

Cape May County Association of REALTORS®

APN: 14-00224-0000-00004