NOT LISTED FOR SALE

307 E Topeka Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $1,155,000 - $1,208,000

7 Beds
3 Baths
2,256 Sq Ft
$525/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

Last sale price $975,000 $432 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,790 / mo

15 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Property is near a beach
  • Deck
  • Porch

About This Home

As of June 2022

The tenant has requested no showings prior to 11 am.

Last Agent to Sell the Property

Barbara Hunt

CENTURY 21 ALLIANCE wc Listed on: 04/27/2022

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,204

Year Built

  • Built in 1966

Lot Details

  • 3,920

Parking

  • Driveway

Home Design

  • Triplex

Interior Spaces

  • 2,256 Sq Ft Home
  • Furnished
  • Blinds
  • Living Room
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Lot Dimensions are 40 x 80
  • Island Location

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 11 / 153.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,204

Year Built

Built in 1966

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Island, Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1966
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 40 x 80
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Total Sq Ft: 2256
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Outside Features: Deck, Porch, Storage Building, Waterview

Garage/Parking

  • Parking: Concrete Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Central Air, Wall Air Conditioning
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 11
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6204.35
  • Tax Year: 2021

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 30, 2022
Sold by
Topeka Properties Llc
Bought by
Barbin George and Barbin Victoria
Seller's Agent
Barbara Hunt
CENTURY 21 ALLIANCE wc
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,184,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,021
Avg. Annual Appreciation
5.24%
Original Mortgage
$340,000
Outstanding Balance
$320,126
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$863,895

Purchase Details

Listed on
Feb 23, 2016
Closed on
Jun 30, 2016
Sold by
Racanelli Michael
Bought by
Topeka Properties Llc
Seller's Agent
Elizabeth Roach
AVALON REAL ESTATE
List Price
$475,000
Sold Price
$385,000
Premium/Discount to List
-$90,000
-18.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Jan 24, 2008
Sold by
Pratt & Associates Llc
Bought by
Racanelli Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2005
Sold by
Mcardle Robert A and Mcardle Eleanor
Bought by
Pratt & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barbin George $975,000 Surety Title
Topeka Properties Llc $385,000 None Available
Racanelli Michael $500,000 None Available
Pratt & Associates Llc $720,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbin George $340,000
Previous Owner Racanelli Michael $400,000
Previous Owner Pratt & Associates Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $975,000 0.0% $432 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $975,000 +153.2% $432 / Sq Ft
06/30/2016 06/30/16 Sold $385,000 -18.9% $171 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $475,000 -- $211 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $6,677 $467,900 $304,000 $163,900
2024 $6,677 $467,900 $304,000 $163,900
2023 $6,579 $467,900 $304,000 $163,900
2022 $6,392 $467,900 $304,000 $163,900
2021 $6,204 $467,900 $304,000 $163,900
2020 $6,031 $467,900 $304,000 $163,900
2019 $5,984 $467,900 $304,000 $163,900
2018 $5,886 $467,900 $304,000 $163,900
2017 $5,769 $467,900 $304,000 $163,900
2016 $5,587 $467,900 $304,000 $163,900
2015 $5,503 $467,900 $304,000 $163,900
2014 $5,381 $467,900 $304,000 $163,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barbara Hunt

    CENTURY 21 ALLIANCE wc

    (609) 780-4223

    55 in this area

    71 Total Sales

    Barbara Hunt
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non Member

  • E

    Seller's Agent in 2016

    Elizabeth Roach

    AVALON REAL ESTATE

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221298

Cape May County Association of REALTORS®

APN: 15-00153-01-00011

New Jersey Cape May County Wildwood 08260 The Wildwoods

307 E Topeka Ave, Wildwood, NJ

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