NOT LISTED FOR SALE

302 E Magnolia Ave Unit B Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $560,437 - $620,000

3 Beds
2 Baths
1,465 Sq Ft
$427/mo HOA Fee

Last Sold November 02, 2022

Last sale price $485,000 $331 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,252/month

169 Days on Market

Highlights

  • Water Views
  • Island Location
  • Corner Lot
  • Property is near a beach
  • Cathedral Ceiling
  • Community Pool

About This Home

As of November 2022

This is a "family only" rental building, strictly enforced. Pets are permitted by condominium documents, up to two per unit. Square footage is taken from the tax records and has not been verified. Condo dues are collected quarterly and cover common area insurances (fire/flood/liability), common area utilities (water, sewer, electric, gas), trash and recycling services, gas grills, pool management and maintenance, landscaping and other property maintenance plus an extra amount for reserves.

Last Agent to Sell the Property

Diane Herman

eXp REALTY License #0683494 Listed on: 03/01/2022

eXp REALTY

Last Buyer's Agent

Colleen Rennie

DANIELS REALTY DIAMOND BEACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,527

Year Built

  • Built in 2005

Lot Details

  • 0.38

HOA Fees

  • $427 Monthly HOA Fees

Interior Spaces

  • 1,465 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Shared Driveway
  • Assigned Parking

Outdoor Features

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

Utilities

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

Additional Features

  • Fenced Yard
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 24 / 228

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,527

Year Built

Built in 2005

Lot Details

0

HOA Fees

$427 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, Rugs, Partial Furniture
  • Estimated Year Built: 2005
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • OFFICELIST_ADDRESS2: Unit B
  • Second Address Number: 302
  • Price per Sq Ft: 331.06
  • Selling Agent1: 1948
  • Selling Office1: 21
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, 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: 1465
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, 2 Car, Assigned Parking, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: B
  • Common Area Features: Fenced Yard, Outside Shower, Pool
  • Condo Fees: 1282
  • Unit Features: Wall To Wall Carpet, Cathedral Ceiling, Tile Floors
  • Unit Location: Corner, Top Floor

Lot Info

  • Lot Number: 24
  • Total Assessment: 236900

Tax Info

  • Taxes: 6526.6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Oct 26, 2022
Sold by
Moss Douglas
Bought by
Antinora Mona M and Antinora Christopher
Seller's Agent
Diane Herman
eXp REALTY
Buyer's Agent
Colleen Rennie
DANIELS REALTY DIAMOND BEACH
List Price
$474,900
Sold Price
$485,000
Premium/Discount to List
$10,100
2.13%
Current Estimated Value
$593,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,359
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Jun 15, 2006
Sold by
Leadbeater John and Leadbeater Kathryn
Bought by
Moss Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,800
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2005
Sold by
Magnolia Ave Of Wildwood Llc
Bought by
Leadbeater John and Leadbeater Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,998
Interest Rate
5.38%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Antinora Mona M $485,000 Shore Title
Moss Douglas $449,000 Surety Title Corporation
Leadbeater John $379,900 Guaranteed Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moss Douglas Frank $357,000
Previous Owner Moss Douglas $89,800
Previous Owner Moss Douglas $336,750
Previous Owner Leadbeater John $35,998
Previous Owner Leadbeater John $303,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $485,000 +2.1% $331 / Sq Ft
08/19/2022 08/19/22 For Sale $474,900 0.0% $324 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/01/2022 08/01/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $474,900 0.0% $324 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $474,900 -- $324 / 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 $7,109 $236,900 $90,000 $146,900
2024 $7,109 $236,900 $90,000 $146,900
2023 $6,939 $236,900 $90,000 $146,900
2022 $6,709 $236,900 $90,000 $146,900
2021 $6,527 $236,900 $90,000 $146,900
2020 $6,373 $236,900 $90,000 $146,900
2019 $6,145 $236,900 $90,000 $146,900
2018 $5,920 $236,900 $90,000 $146,900
2017 $5,671 $236,900 $90,000 $146,900
2016 $5,506 $236,900 $90,000 $146,900
2015 $5,418 $236,900 $90,000 $146,900
2014 $5,354 $236,900 $90,000 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220583

Cape May County Association of REALTORS®

APN: 14-00228-0000-00024-02-C302B