NOT LISTED FOR SALE

305 W 16th Ave Unit 2 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $346,000 - $425,000

2 Beds
1 Bath
607 Sq Ft
$225/mo HOA Fee

Last Sold July 17, 2020

Last sale price $199,900 $329 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,629/month

3 Days on Market

Highlights

  • Water Views
  • Living Room
  • 1-Story Property
  • Property near a bay
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Recent condo conversion Docs in the listing, Actual ins figures are pending. Owner is a NJ Licensed RE Broker Taxes are quoted from NWC tax Assessor Downstairs unit is also available 199,900

Last Agent to Sell the Property

Don Pollock

NEW JERSEY HOME SALES INC. Listed on: 06/11/2020

Last Buyer's Agent

Roberta Freiberg

KELLER WILLIAMS REALTY JERSEY SHORE - SIC

KELLER WILLIAMS REALTY JERSEY SHORE - SIC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1940

Lot Details

  • 2,265

HOA Fees

  • $225 Monthly HOA Fees

Interior Spaces

  • 607 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Water Views
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Stone Driveway
  • Shared Driveway

Outdoor Features

  • Property near a bay

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 10 / 117

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,500

Year Built

Built in 1940

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Water View
  • District Township: 07-North Wildwood City
  • Also Includes: Blinds
  • Estimated Year Built: 1940
  • Bay Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit 2/Upstairs
  • Second Address Number: 305
  • Price per Sq Ft: 329.32
  • Selling Agent1: 4345
  • Selling Office1: 553
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Annually
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1940

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 607
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room

Garage/Parking

  • Parking: Concrete Driveway, Stone Driveway, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: Unit 2
  • Condo Fees: 2700
  • Unit Location: Top Floor

Lot Info

  • Lot Number: 10
  • Total Assessment: 189900

Tax Info

  • Taxes: 2500
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 13, 2020
Sold by
Njhr 1 Llc
Bought by
Gerard Timothy J and Gegrard Maura E
Seller's Agent
Don Pollock
NEW JERSEY HOME SALES INC.
Buyer's Agent
Roberta Freiberg
KELLER WILLIAMS REALTY JERSEY SHORE - SIC
List Price
$189,900
Sold Price
$199,900
Premium/Discount to List
$10,000
5.27%
Current Estimated Value
$398,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,570
Avg. Annual Appreciation
14.33%
Original Mortgage
$179,100
Outstanding Balance
$159,520
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$238,950
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
Gerard Timothy J $199,900 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerard Timothy J $179,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $199,900 +5.3% $329 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $189,900 -- $313 / 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 $2,998 $193,200 $97,500 $95,700
2024 $2,998 $193,200 $97,500 $95,700
2023 $2,935 $193,200 $97,500 $95,700
2022 $2,817 $193,200 $97,500 $95,700
2021 $2,707 $193,200 $97,500 $95,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Don Pollock

    NEW JERSEY HOME SALES INC.

    (856) 912-4310

    1 in this area

    180 Total Sales

    Don Pollock
    Section Image
  • Roberta Freiberg

    Buyer's Agent in 2020

    Roberta Freiberg

    KELLER WILLIAMS REALTY JERSEY SHORE - SIC

    (215) 802-8842

    22 in this area

    49 Total Sales

    Roberta Freiberg
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201942

Cape May County Association of REALTORS®

APN: 07 00117-0000-00010-0000-C0002

New Jersey Cape May County Wildwood 08260 The Wildwoods

305 W 16th Ave Unit 2, Wildwood, NJ

This home is located at 305 W 16th Ave Unit 2, Wildwood, NJ 08260 since 11 June 2020 and is currently estimated at $398,470, approximately $656 per square foot. This property was built in 1940. 305 W 16th Ave Unit 2 is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic 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.

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