NOT LISTED FOR SALE

308 E Magnolia Ave Unit B Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $616,128 - $729,000

4 Beds
2 Baths
1,714 Sq Ft
0.38 Acres

Last Sold April 30, 2018

Last sale price $339,000 $198 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,369/month

180 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • Furnished
  • Property is near a beach
  • Loft
  • Community Pool

About This Home

As of April 2018

This condominium is on the top floor, west side of the building, overlooking the pool. The main entrance door is on the west side of the building, in front of the "pool" fence. You can also enter through the garage. The main floor contains three bedrooms, the 2 full baths, the living/dining/kitchen "great room" area, and a private wrap around balcony. A spiral staircase takes you to the upper level "loft" 4th bedroom area with a second upper level balcony which overlooks the pool. Square footage was taken from the condominium documents and is subject to verification.

Last Agent to Sell the Property

Diane Herman

eXp REALTY License #0683494 Listed on: 09/27/2017

eXp REALTY

Last Buyer's Agent

Diane Herman

eXp REALTY License #0683494 Listed on: 09/27/2017

eXp REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,428

Year Built

  • Built in 2005

Lot Details

  • 0.38

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Loft
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 24 / 228

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,428

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Water View
  • District Township: 14-Wildwood City
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 2005
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • OFFICELIST_ADDRESS2: Unit B - 2nd/Top Floor
  • Second Address Number: 308
  • Price per Sq Ft: 197.78
  • Selling Agent1: 3351
  • Selling Office1: 27
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1714
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Loft

Garage/Parking

  • Parking: Garage, 2 Car, Attached, Assigned Parking, Concrete Driveway, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: B
  • Common Area Features: Deck/Porch, Cable TV, Outside Shower, Pool
  • Condo Fees: 456/mo
  • Unit Features: Cathedral Ceiling
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 24
  • Total Assessment: 268500

Tax Info

  • Taxes: 6427.89
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Fernando Paz
Bought by
Downes Melvin R
Current Estimated Value
$678,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,750
Outstanding Balance
$355,031
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$323,501

Purchase Details

Closed on
Feb 8, 2022
Sold by
Mabel Paz and Mabel Saby
Bought by
Paz Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,750
Outstanding Balance
$355,031
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$323,501

Purchase Details

Closed on
Sep 30, 2020
Sold by
Trexler Seth A and Westwood William M
Bought by
Paz Fernando and Mabel-Torres Saby

Purchase Details

Listed on
Sep 27, 2017
Closed on
Apr 30, 2018
Sold by
Marple Ronald C and Marple Bonnie P
Bought by
Trexler Seth A and Westwood William M
Seller's Agent
Diane Herman
eXp REALTY
Buyer's Agent
Diane Herman
eXp REALTY
List Price
$349,750
Sold Price
$339,000
Premium/Discount to List
-$10,750
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Nov 23, 2005
Sold by
Magnolia Ave Of Wildwood Llc
Bought by
Marple Ronald C and Marple Bonnie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,885
Interest Rate
5.69%
Mortgage Type
Stand Alone Second
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
Downes Melvin R $501,000 Title Company Of Jersey
Paz Fernando -- Deweese David S
Paz Fernando $330,000 Misc Company
Trexler Seth A $339,000 --
Marple Ronald C $445,900 Guaranteed Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downes Melvin R $375,750
Previous Owner Marple Ronald C $66,885
Previous Owner Marple Ronald C $356,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $339,000 -3.1% $198 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $349,750 -- $204 / 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 $8,058 $268,500 $90,000 $178,500
2024 $8,058 $268,500 $90,000 $178,500
2023 $7,864 $268,500 $90,000 $178,500
2022 $7,604 $268,500 $90,000 $178,500
2021 $7,397 $268,500 $90,000 $178,500
2020 $7,223 $268,500 $90,000 $178,500
2019 $6,965 $268,500 $90,000 $178,500
2018 $6,710 $268,500 $90,000 $178,500
2017 $6,428 $268,500 $90,000 $178,500
2016 $6,240 $268,500 $90,000 $178,500
2015 $6,141 $268,500 $90,000 $178,500
2014 $6,068 $268,500 $90,000 $178,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Diane Herman

    eXp REALTY

    (973) 865-4258

    27 in this area

    27 Total Sales

    Diane Herman
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 178489

Cape May County Association of REALTORS®

APN: 14-00228-0000-00024-02-C308B

New Jersey Cape May County Wildwood 08260 The Wildwoods

308 E Magnolia Ave Unit B, Wildwood, NJ

This home is located at 308 E Magnolia Ave Unit B, Wildwood, NJ 08260 since 27 September 2017 and is currently estimated at $678,532, approximately $395 per square foot. This property was built in 2005. 308 E Magnolia Ave Unit B is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

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