NOT LISTED FOR SALE

304 W 18th Ave Unit OTTEN'S CANAL Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $1,176,034 - $1,752,000

0.08 Acre
$20,031,759 Price per Acre
3,441 Sq Ft Lot

Last Sold August 03, 2016

Last sale price $249,000

Est. 536% increase in value since last sale

Current estimated payment $9,259/month

491 Days on Market

Highlights

  • Docks
  • Waterfront
  • 3-minute walk to Albert J. Allen Memorial Park
  • Boat Slip

About This Lot

As of August 2016

WATERFRONT LOT located in North Wildwood on Otten's Canal. The lot is suitable for the construction of a single family home. This property has two boat slips and the bulkhead and docks are approximately 8 years old. This parcel of land is nestled between two beautifully constructed waterfront homes. The canal end on Delaware Avenue is newly constructed with a beautiful walkway and benches. This parcel is a great place to build for a family that loves being on the water. The land is also being sold with CAFRA approvals.

Last Agent to Sell the Property

Colleen Sowers

COASTAL ELITE REALTY Listed on: 03/01/2015

COASTAL ELITE REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,532

Lot Details

  • Waterfront
  • Property is zoned R2

Property Views

  • Water Views

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks

Listing and Financial Details

  • Legal Lot and Block 10 / 114

Property Details

Property Type

Land

Est. Annual Taxes

$2,532

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Water Front, Water View
  • District Township: 07-N. Wildwood City
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 10
  • Lot Size: 40x86.3
  • Zoning: R2
  • Lot Size Range: 1 to 6000 SqFt
  • Improvements: Paved Road, Gas, Electric, Water, Sewer, Bulkhead, Dock, Boat Slip
  • Zoning: Residential

Tax Info

  • Taxes: 2532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2015
Closed on
Aug 3, 2016
Sold by
Sowers Randall L
Bought by
Charlton Anthony and Charlton Jeanine
Seller's Agent
Colleen Sowers
COASTAL ELITE REALTY
List Price
$299,000
Sold Price
$249,000
Premium/Discount to List
-$50,000
-16.72%
Current Estimated Value
$1,582,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333,509
Avg. Annual Appreciation
22.16%

Purchase Details

Closed on
Feb 23, 2009
Sold by
Vanvlack Eric and Van Vlack Carol
Bought by
Sowers Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
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
Charlton Anthony $249,000 Shore Title Agency Inc
Sowers Randall L $205,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sowers Randall L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $249,000 -16.7% --
07/04/2016 07/04/16 Pending -- -- --
03/01/2015 03/01/15 For Sale $299,000 -- --
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 $11,713 $754,700 $272,800 $481,900
2024 $11,713 $754,700 $272,800 $481,900
2023 $11,464 $754,700 $272,800 $481,900
2022 $11,004 $754,700 $272,800 $481,900
2021 $7,562 $754,700 $272,800 $481,900
2020 $10,196 $754,700 $272,800 $481,900
2019 $9,856 $754,700 $272,800 $481,900
2018 $9,070 $714,700 $232,800 $481,900
2017 $2,891 $232,800 $232,800 $0
2016 $2,836 $232,800 $232,800 $0
2015 $2,594 $230,000 $230,000 $0
2014 $2,532 $230,000 $230,000 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Colleen Sowers

    COASTAL ELITE REALTY

    (609) 523-1180

    187 in this area

    202 Total Sales

    Colleen Sowers
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162586

Cape May County Association of REALTORS®

APN: 07-00114-01-00010

New Jersey Cape May County Wildwood 08260 The Wildwoods

304 W 18th Ave Unit OTTEN'S CANAL, Wildwood, NJ

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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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