NOT LISTED FOR SALE

241 E Cresse Avenue #5 Unit 5 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $255,000 - $282,000

1 Bed
1 Bath
402 Sq Ft
392 Sq Ft Lot

Last Sold August 31, 2015

Last sale price $120,000 $299 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,664/month

164 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Property is near a beach
  • Corner Lot
  • Living Room

About This Home

As of August 2015

DO NOT MISS OUT on the perfect weekend getaway! This spacious year around, top floor condominium is located on the Crest side of Wildwood just 1 short block to the beach and the start of the "Boards". "WATCH THE TRAM CAR PLEASE!" from your large picture window, featuring your scenic ocean view. This home features 1 bedroom, 1 bath with open living room and galley kitchen. On sunny days enjoy your view from a large open deck just steps from your door. Building features include an outside shower, onsite laundry facilities, and one off street parking space.

Last Agent to Sell the Property

Jeanine Cabrera

Cabrera Coastal Real Estate Listed on: 02/18/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,371

Lot Details

  • 392

Interior Spaces

  • 402 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 7

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,371

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 14-Wildwood City
  • Near: Boardwalk/Beach
  • Also Includes: Blinds, Rugs, Furniture
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Range, Refrigerator, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Estimated Living Sq Ft: 402
  • Other Rooms: Living Room, Dining Area

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Gas
  • Sewer: City, Public
  • Water: City, Public

Condo/Co-op/Association

  • Unit: 5
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 86.00
  • Unit Features: Wall To Wall Carpet
  • Unit Location: Top Floor, Water View, Corner

Lot Info

  • Lot Number: 12
  • Zoning: H/M1

Tax Info

  • Taxes: 2370.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
Aug 31, 2015
Sold by
Davis Harry and Fletcher Donna Laraine
Bought by
Dugan Joseph E and Dugan Brooke
Seller's Agent
Jeanine Cabrera
Cabrera Coastal Real Estate
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Current Estimated Value
$267,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,183
Avg. Annual Appreciation
8.19%
Original Mortgage
$108,000
Outstanding Balance
$85,115
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$182,068

Purchase Details

Closed on
Jun 14, 2012
Sold by
Davis Harry
Bought by
Davis Harry and Fletcher Donna Laraine

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bailey Ronald F and Carbo Lori L
Bought by
Davis Harry and Davis Marilyn
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
Dugan Joseph E $120,000 Surety Title
Davis Harry -- None Available
Davis Harry $134,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dugan Joseph E $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $120,000 -7.6% $299 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $129,900 -- $323 / 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 $3,148 $104,900 $54,000 $50,900
2024 $3,148 $104,900 $54,000 $50,900
2023 $3,073 $104,900 $54,000 $50,900
2022 $2,971 $104,900 $54,000 $50,900
2021 $2,150 $104,900 $54,000 $50,900
2020 $2,822 $104,900 $54,000 $50,900
2019 $2,721 $104,900 $54,000 $50,900
2018 $2,621 $104,900 $54,000 $50,900
2017 $2,511 $104,900 $54,000 $50,900
2016 $2,438 $104,900 $54,000 $50,900
2015 $2,399 $104,900 $54,000 $50,900
2014 $2,371 $104,900 $54,000 $50,900
Source: Public Records

Agents Affiliated with this Home

  • Jeanine Cabrera

    Seller's Agent in 2015

    Jeanine Cabrera

    Cabrera Coastal Real Estate

    (609) 374-6150

    88 in this area

    107 Total Sales

    Jeanine Cabrera
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162431

Cape May County Association of REALTORS®

APN: 14-00007-0000-00012-0000-C0005

New Jersey Cape May County Wildwood 08260 The Wildwoods

241 E Cresse Avenue #5 Unit 5, Wildwood, NJ

This home is located at 241 E Cresse Avenue #5 Unit 5, Wildwood, NJ 08260 since 18 February 2015 and is currently estimated at $267,183, approximately $664 per square foot. 241 E Cresse Avenue #5 Unit 5 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.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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