NOT LISTED FOR SALE

228 W Magnolia Ave Unit A Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $329,000 - $468,000

2 Beds
1 Bath
-- Sq Ft
$110/mo HOA Fee

Last Sold July 24, 2020

Last sale price $148,000

Est. 158% increase in value since last sale

Current estimated payment $2,437/month

125 Days on Market

Highlights

  • Island Location
  • Fenced Yard
  • Living Room
  • Ground Level Unit
  • Interior Lot
  • Laundry Room

About This Home

As of July 2020

Lock box. Subject to condo conversion taxes to be determined

Last Agent to Sell the Property

Bryan Steere

BLUE HOMES REAL ESTATE LLC Listed on: 02/12/2020

Last Buyer's Agent

Annmarie Basmajian

WEICHERT REALTORS CITY TO SHORE License #1759057

WEICHERT REALTORS CITY TO SHORE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,940

Lot Details

  • Fenced Yard

HOA Fees

  • $110 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 4 / 224

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,940

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island
  • District Township: 14-Wildwood City
  • New Construction: No
  • Second Address Number: 228
  • Selling Agent1: 5014
  • Selling Office1: 728
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Sewer: City

Condo/Co-op/Association

  • Unit: A
  • Common Area Features: Deck/Porch, Fenced Yard, Storage Facilities
  • Condo Fees: 110
  • Unit Features: Tile Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Moreland Tamara and Moreland Todd
Bought by
Gilman Cory J
Current Estimated Value
$381,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Outstanding Balance
$292,809
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$88,490

Purchase Details

Listed on
Feb 12, 2020
Closed on
Jul 21, 2020
Sold by
Has Capital Llc
Bought by
Moreland Todd B and Moreland Tamara W
Seller's Agent
Bryan Steere
BLUE HOMES REAL ESTATE LLC
Buyer's Agent
Annmarie Basmajian
WEICHERT REALTORS CITY TO SHORE
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.88%
Original Mortgage
$103,600
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Gilman Cory J $371,000 Shore Title
Gilman Cory J $371,000 Shore Title
Moreland Todd B $148,000 Misc Company
Moreland Todd B $148,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilman Cory J $296,800
Closed Gilman Cory J $296,800
Previous Owner Moreland Todd B $103,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $148,000 -7.4% --
06/16/2020 06/16/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $159,900 -- --
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 $3,940 $131,300 $52,500 $78,800
2024 $3,940 $131,300 $52,500 $78,800
2023 $3,846 $131,300 $52,500 $78,800
2022 $3,718 $131,300 $52,500 $78,800
2021 $3,617 $131,300 $52,500 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200621

Cape May County Association of REALTORS®

APN: 14 00224-0000-00004-0000-C228A