NOT LISTED FOR SALE

310 E Magnolia Ave Unit B Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $664,000 - $735,000

4 Beds
2 Baths
1,809 Sq Ft
$171/mo HOA Fee

Last Sold December 04, 2020

Last sale price $439,000 $243 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,587/month

2 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Loft
  • Property is near a beach
  • Wood Flooring
  • Furnished

About This Home

As of December 2020

Annual rent totals for 2019 and 2020 will be added to associated documents, as well as a list of 2021 weeks booked with a 1/2 rent deposit to date. Pets are permitted for both owners and renters here - up to two pets per unit. Square footage was taken from tax records and is subject to verification. Two of the owners are licensed NJ realtors.

Last Agent to Sell the Property

Diane Herman

eXp REALTY License #0683494 Listed on: 10/02/2020

eXp REALTY

Last Buyer's Agent

Diane Herman

eXp REALTY License #0683494 Listed on: 10/02/2020

eXp REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,830

Year Built

  • Built in 2005

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced Yard

HOA Fees

  • $171 Monthly HOA Fees

Interior Spaces

  • 1,809 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Loft
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 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

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

$6,830

Year Built

Built in 2005

Lot Details

0

HOA Fees

$171 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Water View
  • District Township: 14-Wildwood City
  • Also Includes: Drapes, Shades, Rugs, Furniture, Other (See Remarks)
  • 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 - 2nd/top floor
  • Second Address Number: 310
  • Price per Sq Ft: 242.68
  • Selling Agent1: 3351
  • Selling Office1: 27
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Oven, 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: 1809
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Loft, Great Room

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Unit: B
  • Common Area Features: Fenced Yard, Outside Shower, Pool
  • Condo Fees: 513/month
  • Unit Features: Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: Top Floor

Lot Info

  • Lot Number: 24
  • Total Assessment: 263300

Tax Info

  • Taxes: 6830
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 17, 2020
Sold by
Herman Frederick L and Herman Diane D
Bought by
Mcgraw Sharon
Seller's Agent
Diane Herman
eXp REALTY
Buyer's Agent
Diane Herman
eXp REALTY
List Price
$429,000
Sold Price
$439,000
Premium/Discount to List
$10,000
2.33%
Current Estimated Value
$689,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,651
Avg. Annual Appreciation
10.02%
Original Mortgage
$329,250
Outstanding Balance
$294,320
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$395,331

Purchase Details

Closed on
Apr 3, 2006
Sold by
Magnolia Ave Of Wildwood Llc
Bought by
Herman Frederick L and Herman Diane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
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
Mcgraw Sharon $439,000 Misc Company
Herman Frederick L $435,000 Guaranteed Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgraw Sharon $329,250
Previous Owner Herman Frederick L $307,360
Previous Owner Herman Frederick L $43,500
Previous Owner Herman Frederick L $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $439,000 +2.3% $243 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $429,000 -- $237 / 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 $7,902 $263,300 $90,000 $173,300
2024 $7,902 $263,300 $90,000 $173,300
2023 $7,712 $263,300 $90,000 $173,300
2022 $7,457 $263,300 $90,000 $173,300
2021 $5,233 $263,300 $90,000 $173,300
2020 $7,083 $263,300 $90,000 $173,300
2019 $6,830 $263,300 $90,000 $173,300
2018 $6,580 $263,300 $90,000 $173,300
2017 $6,303 $263,300 $90,000 $173,300
2016 $6,119 $263,300 $90,000 $173,300
2015 $6,022 $263,300 $90,000 $173,300
2014 $5,951 $263,300 $90,000 $173,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203812

Cape May County Association of REALTORS®

APN: 14-00228-0000-00024-02-C310B