NOT LISTED FOR SALE

Estimated Value: $699,000 - $814,000

3 Beds
2 Baths
-- Sq Ft
0.31 Acres

Last Sold August 31, 2018

Last sale price $340,000

Est. 124% increase in value since last sale

Current estimated payment $4,439/month

143 Days on Market

Highlights

  • Property is near a beach
  • Furnished
  • Breakfast Area or Nook
  • Island Location
  • Ground Level Unit
  • Elevator

About This Home

As of August 2018

Easily shown on a lockbox. Owner is not renting in order to allow your buyer to decide. Rental potential is excellent if so desired. Reserve fee is $168.00 Master Deed and By-laws are in Associated Docs. Please note one member of the LLC is a licensed NJ Realtor.

Last Agent to Sell the Property

Bobbie Gallo

LEES REAL ESTATE Listed on: 02/19/2018

Last Buyer's Agent

Bobbie Gallo

LEES REAL ESTATE Listed on: 02/19/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,248

Year Built

  • Built in 2004

Lot Details

  • 0.31

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property is near a beach

Location

  • Ground Level Unit
  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 12 / 265

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,248

Year Built

Built in 2004

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-Boardwalk
  • Also Includes: Blinds, Rugs, Furniture
  • Estimated Year Built: 2004
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 335
  • Selling Agent1: 320
  • Selling Office1: 53
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Unit: A
  • Common Area Features: Elevator, Deck/Porch
  • Condo Fees: 696.33qtr
  • Unit Features: Wall To Wall Carpet, Foyer, Tile Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 12
  • Zoning: R1

Tax Info

  • Taxes: 4247.64
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
Aug 31, 2018
Sold by
Jjrms Holdings Llc
Bought by
Ambrosine John M and Ambrosine Maryann
Seller's Agent
Bobbie Gallo
LEES REAL ESTATE
Buyer's Agent
Bobbie Gallo
LEES REAL ESTATE
List Price
$384,900
Sold Price
$340,000
Premium/Discount to List
-$44,900
-11.67%
Current Estimated Value
$761,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,969
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Aug 9, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jjrms Holdings Llc

Purchase Details

Closed on
Jul 18, 2016
Sold by
M & T Bank
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 6, 2005
Sold by
Boris Thomas M and Boris Mystica R
Bought by
Colantonio Anthony and Colantonio Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac
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
Ambrosine John M $340,000 --
Jjrms Holdings Llc $229,770 The Title Company Of Jersey
Federal Home Loan Mortgage Corp $348,217 None Available
Colantonio Anthony $399,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colantonio Anthony $319,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $340,000 -11.7% --
08/01/2018 08/01/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $384,900 -- --
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 $5,308 $342,000 $120,000 $222,000
2024 $5,308 $342,000 $120,000 $222,000
2023 $5,195 $342,000 $120,000 $222,000
2022 $4,986 $342,000 $120,000 $222,000
2021 $4,791 $342,000 $120,000 $222,000
2020 $4,620 $342,000 $120,000 $222,000
2019 $4,467 $342,000 $120,000 $222,000
2018 $4,340 $342,000 $120,000 $222,000
2017 $4,248 $342,000 $120,000 $222,000
2016 $4,166 $342,000 $120,000 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180494

Cape May County Association of REALTORS®

APN: 07-00265-0000-00012-0000-C335A