NOT LISTED FOR SALE

Estimated Value: $554,845 - $569,000

2 Beds
1 Bath
880 Sq Ft
5,009 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $420,000 $477 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,295/month

9 Days on Market

Highlights

  • Property near a bay
  • Wood Flooring
  • Great Room
  • Island Location
  • Ground Level Unit
  • 4-minute walk to Bil Henfey Park

About This Home

As of October 2021

This home is located at 318 E 5th Ave Unit 1, Wildwood, NJ 08260 since 12 August 2021 and is currently estimated at $562,961, approximately $639 per square foot. This property was built in 1950. 318 E 5th Ave Unit 1 is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Brian Reed

LONG & FOSTER REAL ESTATE, INC nwnj Listed on: 08/12/2021

LONG & FOSTER REAL ESTATE, INC nwnj

Co-Listed By

Jill Fluharty

LONG & FOSTER REAL ESTATE, INC nwnj

Last Buyer's Agent

John Benson

RE/MAX ONE REALTY

RE/MAX ONE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,637

Year Built

  • Built in 1950

Lot Details

  • 5,009

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Property near a bay

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 277

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,637

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 07-North Wildwood City
  • Near: Beach & Sea Wall
  • Estimated Year Built: 1950
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Listing Office2: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Annually
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1950

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 880
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Great Room

Garage/Parking

  • Parking: 2 Car, Concrete Driveway

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Storage Facilities, Cable TV
  • Condo Fees: Split
  • Unit Features: Hardwood Floors, Wall To Wall Carpet
  • Unit Location: First Floor

Lot Info

  • Lot Number: 7

Tax Info

  • Taxes: 3636.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 1, 2021
Sold by
Moran Joseph and Moran Joanne M
Bought by
Wilczynski Amber M
Seller's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
Buyer's Agent
John Benson
RE/MAX ONE REALTY
List Price
$419,777
Sold Price
$420,000
Premium/Discount to List
$223
0.05%
Current Estimated Value
$562,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,961
Avg. Annual Appreciation
7.46%
Original Mortgage
$399,000
Outstanding Balance
$363,851
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,110
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
Wilczynski Amber M $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilczynski Amber M $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $420,000 +0.1% $477 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $419,777 -- $477 / 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 $4,178 $269,200 $144,000 $125,200
2024 $4,178 $269,200 $144,000 $125,200
2023 $4,089 $269,200 $144,000 $125,200
2022 $3,925 $269,200 $144,000 $125,200
2021 $2,795 $269,200 $144,000 $125,200
2020 $3,637 $269,200 $144,000 $125,200
2019 $3,516 $269,200 $144,000 $125,200
2018 $3,416 $269,200 $144,000 $125,200
2017 $3,343 $269,200 $144,000 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 212980

Cape May County Association of REALTORS®

APN: 07-00277-0000-00007-0000-C0001