NOT LISTED FOR SALE

229 E Cresse Ave Unit 200 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $578,000 - $658,000

3 Beds
2 Baths
1,300 Sq Ft
$225/mo HOA Fee

Last Sold December 11, 2020

Last sale price $385,000 $296 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,988/month

4 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • Furnished
  • Island Location
  • Corner Lot
  • Great Room

About This Home

As of December 2020

This home is located at 229 E Cresse Ave Unit 200, Wildwood, NJ 08260 since 07 October 2020 and is currently estimated at $611,475, approximately $470 per square foot. This property was built in 2005. 229 E Cresse Ave Unit 200 is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

Last Agent to Sell the Property

Peter Adams

COMPASS RE - Avalon Dune License #9913484 Listed on: 10/07/2020

COMPASS RE - Avalon Dune

Last Buyer's Agent

Sally M. Hand

HOFFMAN AGENCY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 2005

Lot Details

  • 8,015

HOA Fees

  • $225 Monthly HOA Fees

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Utilities

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

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 8-CO200 / 7

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,766

Year Built

Built in 2005

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 14-Wildwood City
  • Also Includes: Drapes, Curtains, Shades, Blinds, Furniture
  • Estimated Year Built: 2005
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 229
  • Price per Sq Ft: 296.15
  • Selling Agent1: 259
  • Selling Office1: 42
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1300
  • Other Rooms: Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room, Great Room, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, 3 Car, Attached, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: #200
  • Common Area Features: Deck/Porch, Storage Facilities, Outside Shower
  • Condo Fees: 225
  • Unit Features: Bar, Wall To Wall Carpet, Cathedral Ceiling, Foyer
  • Unit Location: Corner, Top Floor, Water View

Lot Info

  • Lot Number: 8-CO200
  • Total Assessment: 222300

Tax Info

  • Taxes: 5766
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 9, 2020
Sold by
Mccafferty Michael P and Mccafferty Megan
Bought by
Clarke Steven and Clarke Diane
Seller's Agent
Peter Adams
COMPASS RE - Avalon Dune
Buyer's Agent
Sally M. Hand
HOFFMAN AGENCY
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Current Estimated Value
$611,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,475
Avg. Annual Appreciation
10.05%
Original Mortgage
$269,500
Outstanding Balance
$239,935
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$371,540

Purchase Details

Listed on
Sep 6, 2015
Closed on
Apr 1, 2016
Sold by
Caruso John G
Bought by
Mccafferty Michael P and Mccafferty Megan
Seller's Agent
Debra D'Acqua
CENTURY 21 ALLIANCE wc
List Price
$329,000
Sold Price
$295,000
Premium/Discount to List
-$34,000
-10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$265,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2005
Sold by
Cresse Avenue Llc
Bought by
Caruso John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
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
Clarke Steven $385,000 Old Republic National Title
Mccafferty Michael P $295,000 Freedom Title And Abstract
Caruso John G $349,900 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Steven $269,500
Previous Owner Mccafferty Michael P $265,500
Previous Owner Caruso John G $279,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $385,000 +1.3% $296 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $379,900 +28.8% $292 / Sq Ft
04/01/2016 04/01/16 Sold $295,000 -10.3% -- View Prior Sale
03/02/2016 03/02/16 Pending -- -- --
09/06/2015 09/06/15 For Sale $329,000 -- --
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 $6,671 $222,300 $90,000 $132,300
2024 $6,671 $222,300 $90,000 $132,300
2023 $6,511 $222,300 $90,000 $132,300
2022 $6,296 $222,300 $90,000 $132,300
2021 $6,124 $222,300 $90,000 $132,300
2020 $5,980 $222,300 $90,000 $132,300
2019 $5,766 $222,300 $90,000 $132,300
2018 $5,555 $222,300 $90,000 $132,300
2017 $5,322 $222,300 $90,000 $132,300
2016 $5,166 $222,300 $90,000 $132,300
2015 $5,084 $222,300 $90,000 $132,300
2014 $5,024 $222,300 $90,000 $132,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203911

Cape May County Association of REALTORS®

APN: 14-00007-0000-00008-0000-C0200